NDMO vs. NXP
NDMO (Nuveen Dynamic Municipal Opportunities Fund) and NXP (Nuveen Select Tax-Free Income Portfolio) are both stocks. Both are in the Financial Services sector — NDMO in Capital Markets, NXP in Asset Management. Over the past 5 years, NDMO returned -2.75%/yr vs -1.04%/yr for NXP. At a 0.27 correlation, their price movements are largely independent.
Performance
NDMO vs. NXP - Performance Comparison
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Returns By Period
In the year-to-date period, NDMO achieves a 5.30% return, which is significantly higher than NXP's 2.83% return.
NDMO
- 1D
- -0.39%
- 1M
- 1.09%
- YTD
- 5.30%
- 6M
- 1.13%
- 1Y
- 9.95%
- 3Y*
- 6.28%
- 5Y*
- -2.75%
- 10Y*
- —
NXP
- 1D
- -0.63%
- 1M
- 1.59%
- YTD
- 2.83%
- 6M
- 0.57%
- 1Y
- 6.14%
- 3Y*
- 3.83%
- 5Y*
- -1.04%
- 10Y*
- 3.11%
NDMO vs. NXP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
NDMO Nuveen Dynamic Municipal Opportunities Fund | 5.30% | 8.21% | 8.31% | 7.25% | -35.45% | 12.12% | 5.29% |
NXP Nuveen Select Tax-Free Income Portfolio | 2.83% | -2.73% | 6.83% | 10.68% | -9.51% | -7.36% | 8.58% |
Correlation
The correlation between NDMO and NXP is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Aug 28, 2020 | 0.27 |
The correlation between NDMO and NXP shifts across timeframes, from 0.27 (all time) to 0.41 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
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Return for Risk
NDMO vs. NXP — Risk / Return Rank
NDMO
NXP
NDMO vs. NXP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Dynamic Municipal Opportunities Fund (NDMO) 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.
| NDMO | NXP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.10 | ||
| Sortino ratioReturn per unit of downside risk | +0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.16 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.68 | 1.83 | -0.15 |
| Martin ratioReturn relative to average drawdown | 4.05 | 4.60 | -0.55 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NDMO | NXP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.94 | 0.84 | +0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.17 | -0.10 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.26 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.01 | 0.27 | -0.26 |
Drawdowns
NDMO vs. NXP - Drawdown Comparison
The maximum NDMO drawdown since its inception was -42.54%, which is greater than NXP's maximum drawdown of -27.64%. Use the drawdown chart below to compare losses from any high point for NDMO and NXP.
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Drawdown Indicators
| NDMO | NXP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.54% | -27.64% | -14.90% |
Max Drawdown (1Y)Largest decline over 1 year | -5.96% | -3.37% | -2.59% |
Max Drawdown (3Y)Largest decline over 3 years | -16.02% | -10.68% | -5.34% |
Max Drawdown (5Y)Largest decline over 5 years | -42.54% | -27.64% | -14.90% |
Max Drawdown (10Y)Largest decline over 10 years | — | -27.64% | — |
Current DrawdownCurrent decline from peak | -18.21% | -7.17% | -11.04% |
Average DrawdownAverage peak-to-trough decline | -21.45% | -6.79% | -14.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.46% | 1.34% | +1.12% |
Volatility
NDMO vs. NXP - Volatility Comparison
Nuveen Dynamic Municipal Opportunities Fund (NDMO) and Nuveen Select Tax-Free Income Portfolio (NXP) have volatilities of 2.65% and 2.67%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NDMO | NXP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.65% | 2.67% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 8.23% | 5.85% | +2.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.66% | 7.36% | +3.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.12% | 10.74% | +5.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.60% | 12.07% | +3.53% |
Dividends
NDMO vs. NXP - Dividend Comparison
NDMO's dividend yield for the trailing twelve months is around 7.22%, more than NXP's 4.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NDMO Nuveen Dynamic Municipal Opportunities Fund | 7.22% | 7.38% | 7.43% | 7.80% | 9.24% | 5.52% | 1.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NXP Nuveen Select Tax-Free Income Portfolio | 4.48% | 4.47% | 4.00% | 3.94% | 3.93% | 3.42% | 3.07% | 3.33% | 3.88% | 3.79% | 3.96% | 3.99% |
Financials
NDMO vs. NXP - Financials Comparison
This section allows you to compare key financial metrics between Nuveen Dynamic Municipal Opportunities 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
Frequently Asked Questions
NDMO and NXP have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NXP has higher volatility (2.67%) compared to NDMO (2.65%). In terms of maximum drawdown, NDMO dropped -42.54% vs NXP's -27.64%.
NDMO currently has the higher Sharpe Ratio (0.94 vs 0.84), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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