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 0.31, 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:
0.97
NXP:
0.29
NAD:
1.34
NXP:
0.45
NAD:
1.18
NXP:
1.06
NAD:
0.39
NXP:
0.16
NAD:
3.50
NXP:
1.06
NAD:
2.81%
NXP:
2.55%
NAD:
10.16%
NXP:
9.18%
NAD:
-44.87%
NXP:
-27.60%
NAD:
-17.06%
NXP:
-14.31%
Fundamentals
Returns By Period
In the year-to-date period, NAD achieves a -1.84% return, which is significantly higher than NXP's -7.79% return. Over the past 10 years, NAD has underperformed NXP with an annualized return of 2.83%, while NXP has yielded a comparatively higher 3.44% annualized return.
NAD
-1.84%
-2.80%
-6.00%
9.62%
0.99%
2.83%
NXP
-7.79%
-3.27%
-6.27%
2.48%
2.01%
3.44%
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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 7.91%, more than NXP's 4.51% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NAD Nuveen Quality Municipal Income Fund | 7.91% | 6.63% | 4.13% | 5.58% | 4.43% | 4.41% | 4.40% | 5.37% | 5.42% | 6.05% | 5.96% | 6.20% |
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
NAD vs. NXP - Drawdown Comparison
The maximum NAD drawdown since its inception was -44.87%, 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
Nuveen Quality Municipal Income Fund (NAD) has a higher volatility of 6.43% compared to Nuveen Select Tax-Free Income Portfolio (NXP) at 3.17%. 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