NEA vs. USAUX
Compare and contrast key facts about Nuveen AMT-Free Quality Municipal Income Fund (NEA) and USAA Aggressive Growth Fund (USAUX).
USAUX is managed by Victory Capital. It was launched on Oct 19, 1981.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEA or USAUX.
Key characteristics
| NEA | USAUX | |
|---|---|---|
| YTD Return | 10.62% | 34.08% |
| 1Y Return | 22.55% | 47.55% |
| 3Y Return (Ann) | -4.46% | 2.76% |
| 5Y Return (Ann) | 0.84% | 10.52% |
| 10Y Return (Ann) | 3.45% | 5.34% |
| Sharpe Ratio | 2.22 | 2.47 |
| Sortino Ratio | 3.22 | 3.19 |
| Omega Ratio | 1.42 | 1.45 |
| Calmar Ratio | 0.66 | 1.55 |
| Martin Ratio | 13.42 | 13.06 |
| Ulcer Index | 1.53% | 3.55% |
| Daily Std Dev | 9.23% | 18.80% |
| Max Drawdown | -43.85% | -75.97% |
| Current Drawdown | -15.61% | 0.00% |
Correlation
The correlation between NEA and USAUX is 0.13, 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
NEA vs. USAUX - Performance Comparison
In the year-to-date period, NEA achieves a 10.62% return, which is significantly lower than USAUX's 34.08% return. Over the past 10 years, NEA has underperformed USAUX with an annualized return of 3.45%, while USAUX has yielded a comparatively higher 5.34% annualized 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
NEA vs. USAUX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen AMT-Free Quality Municipal Income Fund (NEA) and USAA Aggressive Growth Fund (USAUX). 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
NEA vs. USAUX - Dividend Comparison
NEA's dividend yield for the trailing twelve months is around 5.95%, while USAUX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NEA Nuveen AMT-Free Quality Municipal Income Fund | 5.95% | 3.95% | 5.49% | 4.50% | 4.45% | 4.46% | 5.40% | 5.33% | 5.70% | 5.71% | 5.95% | 6.80% |
USAUX USAA Aggressive Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.11% | 0.20% | 0.44% | 0.91% | 0.85% | 2.01% | 2.22% |
Drawdowns
NEA vs. USAUX - Drawdown Comparison
The maximum NEA drawdown since its inception was -43.85%, smaller than the maximum USAUX drawdown of -75.97%. Use the drawdown chart below to compare losses from any high point for NEA and USAUX. For additional features, visit the drawdowns tool.
Volatility
NEA vs. USAUX - Volatility Comparison
The current volatility for Nuveen AMT-Free Quality Municipal Income Fund (NEA) is 3.53%, while USAA Aggressive Growth Fund (USAUX) has a volatility of 5.53%. This indicates that NEA experiences smaller price fluctuations and is considered to be less risky than USAUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.