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NHYM vs. XMPT
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

NHYM vs. XMPT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen High Yield Municipal Income ETF (NHYM) and VanEck CEF Municipal Income ETF (XMPT). The values are adjusted to include any dividend payments, if applicable.

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NHYM vs. XMPT - Yearly Performance Comparison


Returns By Period

In the year-to-date period, NHYM achieves a 0.27% return, which is significantly higher than XMPT's -0.80% return.


NHYM

1D
0.57%
1M
-2.08%
YTD
0.27%
6M
2.40%
1Y
3.07%
3Y*
5Y*
10Y*

XMPT

1D
2.14%
1M
-4.42%
YTD
-0.80%
6M
1.08%
1Y
5.47%
3Y*
4.95%
5Y*
-0.99%
10Y*
2.06%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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NHYM vs. XMPT - Expense Ratio Comparison

NHYM has a 0.35% expense ratio, which is lower than XMPT's 1.97% expense ratio.


Return for Risk

NHYM vs. XMPT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NHYM
NHYM Risk / Return Rank: 2525
Overall Rank
NHYM Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
NHYM Sortino Ratio Rank: 2222
Sortino Ratio Rank
NHYM Omega Ratio Rank: 2626
Omega Ratio Rank
NHYM Calmar Ratio Rank: 2828
Calmar Ratio Rank
NHYM Martin Ratio Rank: 2323
Martin Ratio Rank

XMPT
XMPT Risk / Return Rank: 3434
Overall Rank
XMPT Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
XMPT Sortino Ratio Rank: 3131
Sortino Ratio Rank
XMPT Omega Ratio Rank: 3434
Omega Ratio Rank
XMPT Calmar Ratio Rank: 3636
Calmar Ratio Rank
XMPT Martin Ratio Rank: 3131
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NHYM vs. XMPT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen High Yield Municipal Income ETF (NHYM) and VanEck CEF Municipal Income ETF (XMPT). 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.


NHYMXMPTDifference

Sharpe ratio

Return per unit of total volatility

0.49

0.65

-0.16

Sortino ratio

Return per unit of downside risk

0.66

0.90

-0.25

Omega ratio

Gain probability vs. loss probability

1.11

1.14

-0.03

Calmar ratio

Return relative to maximum drawdown

0.69

0.91

-0.22

Martin ratio

Return relative to average drawdown

1.56

2.76

-1.20

NHYM vs. XMPT - Sharpe Ratio Comparison

The current NHYM Sharpe Ratio is 0.49, which is comparable to the XMPT Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of NHYM and XMPT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


NHYMXMPTDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.49

0.65

-0.16

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.11

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.20

Sharpe Ratio (All Time)

Calculated using the full available price history

0.48

0.40

+0.08

Correlation

The correlation between NHYM and XMPT is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

NHYM vs. XMPT - Dividend Comparison

NHYM's dividend yield for the trailing twelve months is around 4.52%, less than XMPT's 5.92% yield.


TTM20252024202320222021202020192018201720162015
NHYM
Nuveen High Yield Municipal Income ETF
4.52%4.06%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XMPT
VanEck CEF Municipal Income ETF
5.92%5.87%5.35%3.81%5.12%3.74%3.79%4.08%5.05%4.84%5.35%5.24%

Drawdowns

NHYM vs. XMPT - Drawdown Comparison

The maximum NHYM drawdown since its inception was -6.11%, smaller than the maximum XMPT drawdown of -35.24%. Use the drawdown chart below to compare losses from any high point for NHYM and XMPT.


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Drawdown Indicators


NHYMXMPTDifference

Max Drawdown

Largest peak-to-trough decline

-6.11%

-35.24%

+29.13%

Max Drawdown (1Y)

Largest decline over 1 year

-5.52%

-6.64%

+1.12%

Max Drawdown (5Y)

Largest decline over 5 years

-35.24%

Max Drawdown (10Y)

Largest decline over 10 years

-35.24%

Current Drawdown

Current decline from peak

-2.08%

-11.73%

+9.65%

Average Drawdown

Average peak-to-trough decline

-1.89%

-8.81%

+6.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.44%

2.20%

+0.24%

Volatility

NHYM vs. XMPT - Volatility Comparison

The current volatility for Nuveen High Yield Municipal Income ETF (NHYM) is 1.62%, while VanEck CEF Municipal Income ETF (XMPT) has a volatility of 3.90%. This indicates that NHYM experiences smaller price fluctuations and is considered to be less risky than XMPT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NHYMXMPTDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.62%

3.90%

-2.28%

Volatility (6M)

Calculated over the trailing 6-month period

2.67%

5.12%

-2.45%

Volatility (1Y)

Calculated over the trailing 1-year period

6.38%

8.46%

-2.08%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.19%

9.24%

-3.05%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.19%

10.33%

-4.14%