IIM vs. NXP
Compare and contrast key facts about Invesco Value Municipal Income Trust (IIM) and Nuveen Select Tax-Free Income Portfolio (NXP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IIM or NXP.
Correlation
The correlation between IIM and NXP is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
IIM vs. NXP - Performance Comparison
Key characteristics
IIM:
0.82
NXP:
0.29
IIM:
1.23
NXP:
0.45
IIM:
1.16
NXP:
1.06
IIM:
0.35
NXP:
0.16
IIM:
2.90
NXP:
1.06
IIM:
3.03%
NXP:
2.55%
IIM:
10.72%
NXP:
9.18%
IIM:
-40.15%
NXP:
-27.60%
IIM:
-17.94%
NXP:
-14.31%
Fundamentals
IIM:
$543.64M
NXP:
$676.76M
IIM:
$1.17
NXP:
$1.57
IIM:
9.87
NXP:
8.76
IIM:
0.00
NXP:
0.00
IIM:
12.27
NXP:
21.60
IIM:
0.85
NXP:
0.93
IIM:
$20.99M
NXP:
$15.98M
IIM:
$18.12M
NXP:
$15.98M
Returns By Period
In the year-to-date period, IIM achieves a -0.25% return, which is significantly higher than NXP's -7.79% return. Over the past 10 years, IIM has underperformed NXP with an annualized return of 1.84%, while NXP has yielded a comparatively higher 3.38% annualized return.
IIM
-0.25%
-2.86%
-5.30%
8.60%
1.03%
1.84%
NXP
-7.79%
-3.54%
-6.08%
2.33%
1.89%
3.38%
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Risk-Adjusted Performance
IIM vs. NXP — Risk-Adjusted Performance Rank
IIM
NXP
IIM vs. NXP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Value Municipal Income Trust (IIM) and Nuveen Select Tax-Free Income Portfolio (NXP). 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
IIM vs. NXP - Dividend Comparison
IIM's dividend yield for the trailing twelve months is around 7.77%, more than NXP's 4.51% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IIM Invesco Value Municipal Income Trust | 7.77% | 6.58% | 4.72% | 5.87% | 4.51% | 4.48% | 4.61% | 5.43% | 4.99% | 5.52% | 5.20% | 5.49% |
NXP Nuveen Select Tax-Free Income Portfolio | 4.51% | 4.02% | 3.98% | 3.97% | 3.45% | 3.10% | 3.36% | 3.92% | 3.83% | 4.00% | 4.03% | 4.44% |
Drawdowns
IIM vs. NXP - Drawdown Comparison
The maximum IIM drawdown since its inception was -40.15%, which is greater than NXP's maximum drawdown of -27.60%. Use the drawdown chart below to compare losses from any high point for IIM and NXP. For additional features, visit the drawdowns tool.
Volatility
IIM vs. NXP - Volatility Comparison
Invesco Value Municipal Income Trust (IIM) has a higher volatility of 5.54% compared to Nuveen Select Tax-Free Income Portfolio (NXP) at 3.17%. This indicates that IIM's price experiences larger fluctuations and is considered to be riskier than NXP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
IIM vs. NXP - Financials Comparison
This section allows you to compare key financial metrics between Invesco Value Municipal Income Trust and Nuveen Select Tax-Free Income Portfolio. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities