NDMO vs. CLOZ

In the year-to-date period, NDMO achieves a 3.50% return, which is significantly higher than CLOZ's 0.70% return.

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

This table presents a comparison of risk-adjusted performance metrics for Nuveen Dynamic Municipal Opportunities Fund (NDMO) and Panagram Bbb-B Clo ETF (CLOZ). 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.

The current NDMO Sharpe Ratio is -0.08, which is lower than the CLOZ Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of NDMO and CLOZ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

NDMO's dividend yield for the trailing twelve months is around 7.35%, less than CLOZ's 8.65% yield.

The maximum NDMO drawdown since its inception was -42.50%, which is greater than CLOZ's maximum drawdown of -5.33%. Use the drawdown chart below to compare losses from any high point for NDMO and CLOZ. For additional features, visit the drawdowns tool.

Nuveen Dynamic Municipal Opportunities Fund (NDMO) has a higher volatility of 4.81% compared to Panagram Bbb-B Clo ETF (CLOZ) at 2.54%. This indicates that NDMO's price experiences larger fluctuations and is considered to be riskier than CLOZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.