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.
Correlation
The correlation between NDMO and NXP is 0.20, 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
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Key characteristics
NDMO:
-0.08
NXP:
0.25
NDMO:
-0.05
NXP:
0.56
NDMO:
0.99
NXP:
1.07
NDMO:
-0.03
NXP:
0.20
NDMO:
-0.19
NXP:
1.15
NDMO:
5.68%
NXP:
3.03%
NDMO:
11.48%
NXP:
9.20%
NDMO:
-42.50%
NXP:
-27.60%
NDMO:
-25.66%
NXP:
-11.38%
Fundamentals
NDMO:
$602.77M
NXP:
$700.37M
NDMO:
$2.03
NXP:
$1.57
NDMO:
4.99
NXP:
9.07
NDMO:
4.94
NXP:
22.35
NDMO:
0.91
NXP:
0.96
Returns By Period
In the year-to-date period, NDMO achieves a 3.50% return, which is significantly higher than NXP's -4.64% return.
NDMO
3.50%
5.77%
-2.76%
-1.06%
N/A
N/A
NXP
-4.64%
4.03%
-0.90%
3.54%
2.85%
4.07%
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Risk-Adjusted Performance
NDMO vs. NXP — Risk-Adjusted Performance Rank
NDMO
NXP
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.
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Dividends
NDMO vs. NXP - Dividend Comparison
NDMO's dividend yield for the trailing twelve months is around 7.35%, more than NXP's 4.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NDMO Nuveen Dynamic Municipal Opportunities Fund | 7.35% | 7.43% | 7.81% | 9.30% | 5.55% | 1.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NXP Nuveen Select Tax-Free Income Portfolio | 4.36% | 4.02% | 3.98% | 3.97% | 3.45% | 3.10% | 3.36% | 3.92% | 3.83% | 4.00% | 4.03% | 4.44% |
Drawdowns
NDMO vs. NXP - Drawdown Comparison
The maximum NDMO drawdown since its inception was -42.50%, which is greater than NXP's maximum drawdown of -27.60%. Use the drawdown chart below to compare losses from any high point for NDMO and NXP. For additional features, visit the drawdowns tool.
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Volatility
NDMO vs. NXP - Volatility Comparison
Nuveen Dynamic Municipal Opportunities Fund (NDMO) has a higher volatility of 4.81% compared to Nuveen Select Tax-Free Income Portfolio (NXP) at 2.24%. 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.
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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