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.
Key characteristics
| NAD | NXP | |
|---|---|---|
| YTD Return | 11.25% | 2.94% |
| 1Y Return | 20.30% | 11.50% |
| 3Y Return (Ann) | -3.63% | 0.09% |
| 5Y Return (Ann) | 1.40% | 1.40% |
| 10Y Return (Ann) | 3.67% | 4.41% |
| Sharpe Ratio | 2.26 | 1.34 |
| Sortino Ratio | 3.20 | 1.91 |
| Omega Ratio | 1.42 | 1.25 |
| Calmar Ratio | 0.74 | 0.63 |
| Martin Ratio | 12.22 | 5.66 |
| Ulcer Index | 1.66% | 2.03% |
| Daily Std Dev | 8.99% | 8.61% |
| Max Drawdown | -44.90% | -27.64% |
| Current Drawdown | -13.55% | -10.57% |
Fundamentals
| NAD | 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
In the year-to-date period, NAD achieves a 11.25% return, which is significantly higher than NXP's 2.94% return. Over the past 10 years, NAD has underperformed NXP with an annualized return of 3.67%, while NXP has yielded a comparatively higher 4.41% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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 6.15%, more than NXP's 4.12% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NAD Nuveen Quality Municipal Income Fund | 6.15% | 4.14% | 5.62% | 4.47% | 4.43% | 4.44% | 5.42% | 5.42% | 6.07% | 5.97% | 6.20% | 7.10% |
NXP Nuveen Select Tax-Free Income Portfolio | 4.12% | 3.98% | 3.97% | 3.45% | 3.10% | 3.36% | 3.92% | 3.83% | 4.00% | 4.03% | 4.44% | 4.90% |
Drawdowns
NAD vs. NXP - Drawdown Comparison
The maximum NAD drawdown since its inception was -44.90%, which is greater than NXP's maximum drawdown of -27.64%. 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
Nuveen Quality Municipal Income Fund (NAD) has a higher volatility of 3.53% compared to Nuveen Select Tax-Free Income Portfolio (NXP) at 2.77%. This indicates that NAD'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
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