NAD vs. NXP
Compare and contrast key facts about Nuveen Quality Municipal Income Fund (NAD) 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: NAD or NXP.
Correlation
The correlation between NAD and NXP is 0.30, 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
NAD vs. NXP - Performance Comparison
Key characteristics
NAD:
1.55
NXP:
0.70
NAD:
2.14
NXP:
1.00
NAD:
1.28
NXP:
1.13
NAD:
0.54
NXP:
0.35
NAD:
6.24
NXP:
2.92
NAD:
2.18%
NXP:
2.07%
NAD:
8.76%
NXP:
8.68%
NAD:
-44.83%
NXP:
-27.60%
NAD:
-14.36%
NXP:
-8.59%
Fundamentals
Returns By Period
In the year-to-date period, NAD achieves a 1.26% return, which is significantly higher than NXP's -1.63% return. Over the past 10 years, NAD has underperformed NXP with an annualized return of 3.26%, while NXP has yielded a comparatively higher 4.12% annualized return.
NAD
1.26%
2.85%
3.42%
12.97%
0.42%
3.26%
NXP
-1.63%
3.13%
2.82%
6.63%
1.54%
4.12%
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Risk-Adjusted Performance
NAD vs. NXP — Risk-Adjusted Performance Rank
NAD
NXP
NAD vs. NXP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Quality Municipal Income Fund (NAD) 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
NAD vs. NXP - Dividend Comparison
NAD's dividend yield for the trailing twelve months is around 6.89%, more than NXP's 4.12% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NAD Nuveen Quality Municipal Income Fund | 6.89% | 6.66% | 4.14% | 5.62% | 4.47% | 4.43% | 4.44% | 5.42% | 5.42% | 6.07% | 5.97% | 6.20% |
NXP Nuveen Select Tax-Free Income Portfolio | 4.12% | 4.02% | 3.98% | 3.97% | 3.45% | 3.10% | 3.36% | 3.92% | 3.83% | 4.00% | 4.03% | 4.44% |
Drawdowns
NAD vs. NXP - Drawdown Comparison
The maximum NAD drawdown since its inception was -44.83%, which is greater than NXP's maximum drawdown of -27.60%. Use the drawdown chart below to compare losses from any high point for NAD and NXP. For additional features, visit the drawdowns tool.
Volatility
NAD vs. NXP - Volatility Comparison
The current volatility for Nuveen Quality Municipal Income Fund (NAD) is 3.10%, while Nuveen Select Tax-Free Income Portfolio (NXP) has a volatility of 3.28%. This indicates that NAD experiences smaller price fluctuations and is considered to be less risky than NXP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NAD vs. NXP - Financials Comparison
This section allows you to compare key financial metrics between Nuveen Quality Municipal Income Fund 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