NDMO vs. HYMB

In the year-to-date period, NDMO achieves a 3.50% return, which is significantly higher than HYMB's -2.60% return.

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This table presents a comparison of risk-adjusted performance metrics for Nuveen Dynamic Municipal Opportunities Fund (NDMO) and SPDR Nuveen Bloomberg Barclays High Yield Municipal Bond ETF (HYMB). 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 HYMB Sharpe Ratio of 0.06. The chart below compares the historical Sharpe Ratios of NDMO and HYMB, 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%, more than HYMB's 4.52% yield.

The maximum NDMO drawdown since its inception was -42.50%, which is greater than HYMB's maximum drawdown of -29.57%. Use the drawdown chart below to compare losses from any high point for NDMO and HYMB. For additional features, visit the drawdowns tool.