NMAI vs. EXG
Compare and contrast key facts about Nuveen Multi-Asset Income Fund (NMAI) and Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG).
NMAI is an actively managed fund by Nuveen. It was launched on Nov 22, 2021. EXG is an actively managed fund by Eaton Vance. It was launched on Feb 27, 2007.
Performance
NMAI vs. EXG - Performance Comparison
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NMAI vs. EXG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NMAI Nuveen Multi-Asset Income Fund | -2.38% | 20.03% | 11.65% | 19.52% | -26.38% | -1.71% |
EXG Eaton Vance Tax-Managed Global Diversified Equity Income Fund | -7.20% | 27.79% | 16.04% | 11.46% | -22.24% | 3.19% |
Returns By Period
In the year-to-date period, NMAI achieves a -2.38% return, which is significantly higher than EXG's -7.20% return.
NMAI
- 1D
- 2.82%
- 1M
- -9.39%
- YTD
- -2.38%
- 6M
- 0.88%
- 1Y
- 13.37%
- 3Y*
- 14.89%
- 5Y*
- —
- 10Y*
- —
EXG
- 1D
- 4.59%
- 1M
- -9.69%
- YTD
- -7.20%
- 6M
- -0.71%
- 1Y
- 16.23%
- 3Y*
- 13.21%
- 5Y*
- 7.59%
- 10Y*
- 9.69%
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NMAI vs. EXG - Expense Ratio Comparison
NMAI has a 2.91% expense ratio, which is higher than EXG's 1.07% expense ratio.
Return for Risk
NMAI vs. EXG — Risk / Return Rank
NMAI
EXG
NMAI vs. EXG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Multi-Asset Income Fund (NMAI) and Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG). 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.
| NMAI | EXG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.88 | 0.89 | -0.01 |
Sortino ratioReturn per unit of downside risk | 1.24 | 1.37 | -0.12 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.21 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.19 | 1.12 | +0.07 |
Martin ratioReturn relative to average drawdown | 4.81 | 5.00 | -0.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NMAI | EXG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.88 | 0.89 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.44 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.49 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.29 | -0.11 |
Correlation
The correlation between NMAI and EXG is 0.64, 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
NMAI vs. EXG - Dividend Comparison
NMAI's dividend yield for the trailing twelve months is around 9.84%, more than EXG's 9.10% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NMAI Nuveen Multi-Asset Income Fund | 9.84% | 9.89% | 13.73% | 10.57% | 19.45% | 1.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EXG Eaton Vance Tax-Managed Global Diversified Equity Income Fund | 9.10% | 8.27% | 9.27% | 8.60% | 10.59% | 7.27% | 8.43% | 8.42% | 12.23% | 9.84% | 12.16% | 11.02% |
Drawdowns
NMAI vs. EXG - Drawdown Comparison
The maximum NMAI drawdown since its inception was -35.61%, smaller than the maximum EXG drawdown of -58.45%. Use the drawdown chart below to compare losses from any high point for NMAI and EXG.
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Drawdown Indicators
| NMAI | EXG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.61% | -58.45% | +22.84% |
Max Drawdown (1Y)Largest decline over 1 year | -11.88% | -14.28% | +2.40% |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.82% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.36% | — |
Current DrawdownCurrent decline from peak | -9.39% | -10.34% | +0.95% |
Average DrawdownAverage peak-to-trough decline | -13.00% | -9.68% | -3.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 3.19% | -0.25% |
Volatility
NMAI vs. EXG - Volatility Comparison
The current volatility for Nuveen Multi-Asset Income Fund (NMAI) is 6.44%, while Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) has a volatility of 7.18%. This indicates that NMAI experiences smaller price fluctuations and is considered to be less risky than EXG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NMAI | EXG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.44% | 7.18% | -0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 9.55% | 10.46% | -0.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.27% | 18.24% | -2.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.60% | 17.35% | -0.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.60% | 19.93% | -3.33% |