NAD vs. VTI
Compare and contrast key facts about Nuveen Quality Municipal Income Fund (NAD) and Vanguard Total Stock Market ETF (VTI).
VTI is a passively managed fund by Vanguard that tracks the performance of the CRSP US Total Market Index. It was launched on May 24, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NAD or VTI.
Key characteristics
| NAD | VTI | |
|---|---|---|
| YTD Return | 11.25% | 25.21% |
| 1Y Return | 20.30% | 33.95% |
| 3Y Return (Ann) | -3.63% | 8.40% |
| 5Y Return (Ann) | 1.40% | 14.97% |
| 10Y Return (Ann) | 3.67% | 12.80% |
| Sharpe Ratio | 2.26 | 2.76 |
| Sortino Ratio | 3.20 | 3.68 |
| Omega Ratio | 1.42 | 1.51 |
| Calmar Ratio | 0.74 | 4.00 |
| Martin Ratio | 12.22 | 17.66 |
| Ulcer Index | 1.66% | 1.94% |
| Daily Std Dev | 8.99% | 12.43% |
| Max Drawdown | -44.90% | -55.45% |
| Current Drawdown | -13.55% | -1.18% |
Correlation
The correlation between NAD and VTI is 0.13, 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. VTI - Performance Comparison
In the year-to-date period, NAD achieves a 11.25% return, which is significantly lower than VTI's 25.21% return. Over the past 10 years, NAD has underperformed VTI with an annualized return of 3.67%, while VTI has yielded a comparatively higher 12.80% 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. VTI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Quality Municipal Income Fund (NAD) and Vanguard Total Stock Market ETF (VTI). 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. VTI - Dividend Comparison
NAD's dividend yield for the trailing twelve months is around 6.15%, more than VTI's 1.27% 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% |
VTI Vanguard Total Stock Market ETF | 1.27% | 1.44% | 1.67% | 1.21% | 1.42% | 1.78% | 2.04% | 1.71% | 1.92% | 1.98% | 1.76% | 1.74% |
Drawdowns
NAD vs. VTI - Drawdown Comparison
The maximum NAD drawdown since its inception was -44.90%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for NAD and VTI. For additional features, visit the drawdowns tool.
Volatility
NAD vs. VTI - Volatility Comparison
The current volatility for Nuveen Quality Municipal Income Fund (NAD) is 3.53%, while Vanguard Total Stock Market ETF (VTI) has a volatility of 4.05%. This indicates that NAD experiences smaller price fluctuations and is considered to be less risky than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.