FKYTX vs. QQQX
Compare and contrast key facts about Nuveen Kentucky Municipal Bond Fund (FKYTX) and Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX).
FKYTX is managed by Nuveen. It was launched on May 3, 1987. QQQX is a passively managed fund by Nuveen that tracks the performance of the Nasdaq 100 Index. It was launched on Jan 30, 2007.
Performance
FKYTX vs. QQQX - Performance Comparison
Loading graphics...
FKYTX vs. QQQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FKYTX Nuveen Kentucky Municipal Bond Fund | -0.70% | 3.34% | 1.09% | 6.57% | -10.85% | 2.24% | 4.24% | 7.35% | 0.75% | 4.26% |
QQQX Nuveen NASDAQ 100 Dynamic Overwrite Fund | -0.51% | 14.87% | 25.61% | 21.68% | -27.39% | 25.32% | 15.75% | 28.83% | -11.68% | 39.19% |
Returns By Period
In the year-to-date period, FKYTX achieves a -0.70% return, which is significantly lower than QQQX's -0.51% return. Over the past 10 years, FKYTX has underperformed QQQX with an annualized return of 1.58%, while QQQX has yielded a comparatively higher 11.87% annualized return.
FKYTX
- 1D
- 0.48%
- 1M
- -2.13%
- YTD
- -0.70%
- 6M
- 1.02%
- 1Y
- 3.24%
- 3Y*
- 2.47%
- 5Y*
- 0.07%
- 10Y*
- 1.58%
QQQX
- 1D
- 4.05%
- 1M
- 1.77%
- YTD
- -0.51%
- 6M
- 4.98%
- 1Y
- 26.55%
- 3Y*
- 13.53%
- 5Y*
- 8.16%
- 10Y*
- 11.87%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FKYTX vs. QQQX - Expense Ratio Comparison
FKYTX has a 0.77% expense ratio, which is lower than QQQX's 0.92% expense ratio.
Return for Risk
FKYTX vs. QQQX — Risk / Return Rank
FKYTX
QQQX
FKYTX vs. QQQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Kentucky Municipal Bond Fund (FKYTX) and Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX). 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.
| FKYTX | QQQX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.60 | 1.26 | -0.66 |
Sortino ratioReturn per unit of downside risk | 0.84 | 1.87 | -1.03 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.29 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 0.77 | 2.10 | -1.33 |
Martin ratioReturn relative to average drawdown | 2.16 | 10.38 | -8.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FKYTX | QQQX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.60 | 1.26 | -0.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | 0.41 | -0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.57 | -0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.15 | 0.46 | +0.69 |
Correlation
The correlation between FKYTX and QQQX is -0.05. 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.
Dividends
FKYTX vs. QQQX - Dividend Comparison
FKYTX's dividend yield for the trailing twelve months is around 3.18%, less than QQQX's 8.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FKYTX Nuveen Kentucky Municipal Bond Fund | 3.18% | 3.02% | 2.70% | 2.63% | 2.72% | 2.58% | 2.58% | 2.98% | 3.17% | 3.52% | 3.73% | 3.61% |
QQQX Nuveen NASDAQ 100 Dynamic Overwrite Fund | 8.27% | 7.85% | 6.73% | 7.26% | 9.66% | 5.85% | 6.00% | 6.49% | 8.40% | 5.95% | 7.54% | 7.23% |
Drawdowns
FKYTX vs. QQQX - Drawdown Comparison
The maximum FKYTX drawdown since its inception was -15.24%, smaller than the maximum QQQX drawdown of -57.25%. Use the drawdown chart below to compare losses from any high point for FKYTX and QQQX.
Loading graphics...
Drawdown Indicators
| FKYTX | QQQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.24% | -57.25% | +42.01% |
Max Drawdown (1Y)Largest decline over 1 year | -6.08% | -12.93% | +6.85% |
Max Drawdown (5Y)Largest decline over 5 years | -15.24% | -29.33% | +14.09% |
Max Drawdown (10Y)Largest decline over 10 years | -15.24% | -35.96% | +20.72% |
Current DrawdownCurrent decline from peak | -2.42% | -0.86% | -1.56% |
Average DrawdownAverage peak-to-trough decline | -1.91% | -8.09% | +6.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.16% | 2.61% | -0.45% |
Volatility
FKYTX vs. QQQX - Volatility Comparison
The current volatility for Nuveen Kentucky Municipal Bond Fund (FKYTX) is 1.39%, while Nuveen NASDAQ 100 Dynamic Overwrite Fund (QQQX) has a volatility of 8.15%. This indicates that FKYTX experiences smaller price fluctuations and is considered to be less risky than QQQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FKYTX | QQQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.39% | 8.15% | -6.76% |
Volatility (6M)Calculated over the trailing 6-month period | 1.95% | 11.99% | -10.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.17% | 21.13% | -14.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.51% | 19.80% | -15.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.21% | 21.05% | -16.84% |