FCOTX vs. HYMB
Compare and contrast key facts about Nuveen Colorado Municipal Bond Fund (FCOTX) and SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF (HYMB).
FCOTX is managed by Nuveen. It was launched on May 3, 1987. HYMB is a passively managed fund by State Street that tracks the performance of the Bloomberg Municipal Yield. It was launched on Apr 13, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCOTX or HYMB.
Correlation
The correlation between FCOTX and HYMB is -0.10. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FCOTX vs. HYMB - Performance Comparison
Key characteristics
FCOTX:
-0.00
HYMB:
0.09
FCOTX:
0.13
HYMB:
0.26
FCOTX:
1.02
HYMB:
1.04
FCOTX:
0.05
HYMB:
0.14
FCOTX:
0.23
HYMB:
0.63
FCOTX:
1.73%
HYMB:
1.97%
FCOTX:
5.54%
HYMB:
6.65%
FCOTX:
-15.41%
HYMB:
-29.57%
FCOTX:
-4.98%
HYMB:
-6.56%
Returns By Period
In the year-to-date period, FCOTX achieves a -1.94% return, which is significantly higher than HYMB's -2.44% return. Over the past 10 years, FCOTX has underperformed HYMB with an annualized return of 2.03%, while HYMB has yielded a comparatively higher 2.53% annualized return.
FCOTX
-1.94%
1.24%
-1.29%
-0.01%
0.61%
2.03%
HYMB
-2.44%
2.26%
-1.74%
0.58%
2.66%
2.53%
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FCOTX vs. HYMB - Expense Ratio Comparison
FCOTX has a 0.77% expense ratio, which is higher than HYMB's 0.35% expense ratio.
Risk-Adjusted Performance
FCOTX vs. HYMB — Risk-Adjusted Performance Rank
FCOTX
HYMB
FCOTX vs. HYMB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Colorado Municipal Bond Fund (FCOTX) and SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF (HYMB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
FCOTX vs. HYMB - Dividend Comparison
FCOTX's dividend yield for the trailing twelve months is around 3.20%, less than HYMB's 4.51% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCOTX Nuveen Colorado Municipal Bond Fund | 3.20% | 3.39% | 3.08% | 2.33% | 1.76% | 2.26% | 2.94% | 3.30% | 3.15% | 3.39% | 3.66% | 3.81% |
HYMB SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF | 4.51% | 4.29% | 4.07% | 3.77% | 3.19% | 3.55% | 3.95% | 4.03% | 3.78% | 4.08% | 4.54% | 4.49% |
Drawdowns
FCOTX vs. HYMB - Drawdown Comparison
The maximum FCOTX drawdown since its inception was -15.41%, smaller than the maximum HYMB drawdown of -29.57%. Use the drawdown chart below to compare losses from any high point for FCOTX and HYMB. For additional features, visit the drawdowns tool.
Volatility
FCOTX vs. HYMB - Volatility Comparison
Nuveen Colorado Municipal Bond Fund (FCOTX) has a higher volatility of 3.27% compared to SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF (HYMB) at 1.58%. This indicates that FCOTX's price experiences larger fluctuations and is considered to be riskier than HYMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.