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 0.24, 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
Key characteristics
NDMO:
-0.23
NXP:
0.29
NDMO:
-0.23
NXP:
0.45
NDMO:
0.97
NXP:
1.06
NDMO:
-0.08
NXP:
0.16
NDMO:
-0.47
NXP:
1.06
NDMO:
5.14%
NXP:
2.55%
NDMO:
10.81%
NXP:
9.18%
NDMO:
-42.50%
NXP:
-27.60%
NDMO:
-29.70%
NXP:
-14.31%
Fundamentals
NDMO:
$570.01M
NXP:
$677.26M
NDMO:
$2.03
NXP:
$1.57
NDMO:
4.71
NXP:
8.77
NDMO:
4.68
NXP:
21.61
NDMO:
0.86
NXP:
0.93
Returns By Period
In the year-to-date period, NDMO achieves a -2.13% return, which is significantly higher than NXP's -7.79% return.
NDMO
-2.13%
-5.57%
-11.01%
-3.27%
N/A
N/A
NXP
-7.79%
-2.59%
-6.27%
2.55%
1.89%
3.40%
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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.
Dividends
NDMO vs. NXP - Dividend Comparison
NDMO's dividend yield for the trailing twelve months is around 7.77%, more than NXP's 4.51% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NDMO Nuveen Dynamic Municipal Opportunities Fund | 7.77% | 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 | 4.51% | 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.
Volatility
NDMO vs. NXP - Volatility Comparison
Nuveen Dynamic Municipal Opportunities Fund (NDMO) has a higher volatility of 5.30% compared to Nuveen Select Tax-Free Income Portfolio (NXP) at 3.17%. 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