NDMO vs. NXP
Compare and contrast key facts about Nuveen Dynamic Municipal Opportunities Fund (NDMO) 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: NDMO or NXP.
Key characteristics
| NDMO | NXP | |
|---|---|---|
| YTD Return | 15.27% | 2.80% |
| 1Y Return | 17.80% | 14.25% |
| 3Y Return (Ann) | -5.60% | -0.15% |
| Sharpe Ratio | 1.42 | 1.30 |
| Sortino Ratio | 2.23 | 1.85 |
| Omega Ratio | 1.26 | 1.25 |
| Calmar Ratio | 0.49 | 0.55 |
| Martin Ratio | 8.63 | 5.99 |
| Ulcer Index | 2.04% | 1.99% |
| Daily Std Dev | 12.35% | 9.15% |
| Max Drawdown | -42.54% | -27.64% |
| Current Drawdown | -23.61% | -10.69% |
Fundamentals
| NDMO | NXP | |
|---|---|---|
| Market Cap | $642.68M | $703.73M |
| EPS | $0.61 | $0.66 |
| PE Ratio | 17.69 | 22.24 |
Correlation
The correlation between NDMO and NXP is 0.23, 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
NDMO vs. NXP - Performance Comparison
In the year-to-date period, NDMO achieves a 15.27% return, which is significantly higher than NXP's 2.80% 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
NDMO vs. NXP - Risk-Adjusted Performance 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.
Dividends
NDMO vs. NXP - Dividend Comparison
NDMO's dividend yield for the trailing twelve months is around 6.90%, more than NXP's 4.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NDMO Nuveen Dynamic Municipal Opportunities Fund | 6.90% | 7.81% | 9.30% | 5.55% | 1.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NXP Nuveen Select Tax-Free Income Portfolio | 4.11% | 3.98% | 3.97% | 3.45% | 3.10% | 3.36% | 3.92% | 3.83% | 4.00% | 4.03% | 4.44% | 4.90% |
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. For additional features, visit the drawdowns tool.
Volatility
NDMO vs. NXP - Volatility Comparison
Nuveen Dynamic Municipal Opportunities Fund (NDMO) has a higher volatility of 3.01% compared to Nuveen Select Tax-Free Income Portfolio (NXP) at 2.79%. This indicates that NDMO'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
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