NPSRX vs. BAC
Compare and contrast key facts about Nuveen Preferred Securities & Income Fund (NPSRX) and Bank of America Corporation (BAC).
NPSRX is managed by Nuveen. It was launched on Dec 18, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NPSRX or BAC.
Correlation
The correlation between NPSRX and BAC is 0.28, 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
NPSRX vs. BAC - Performance Comparison
Key characteristics
NPSRX:
3.23
BAC:
1.92
NPSRX:
5.40
BAC:
2.84
NPSRX:
1.73
BAC:
1.35
NPSRX:
2.33
BAC:
1.44
NPSRX:
18.11
BAC:
7.79
NPSRX:
0.54%
BAC:
5.56%
NPSRX:
3.04%
BAC:
22.57%
NPSRX:
-59.99%
BAC:
-93.45%
NPSRX:
-0.32%
BAC:
-3.20%
Returns By Period
In the year-to-date period, NPSRX achieves a 0.94% return, which is significantly lower than BAC's 5.14% return. Over the past 10 years, NPSRX has underperformed BAC with an annualized return of 4.75%, while BAC has yielded a comparatively higher 13.14% annualized return.
NPSRX
0.94%
1.86%
3.76%
10.34%
2.89%
4.75%
BAC
5.14%
2.55%
20.51%
44.69%
8.50%
13.14%
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Risk-Adjusted Performance
NPSRX vs. BAC — Risk-Adjusted Performance Rank
NPSRX
BAC
NPSRX vs. BAC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Preferred Securities & Income Fund (NPSRX) and Bank of America Corporation (BAC). 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
NPSRX vs. BAC - Dividend Comparison
NPSRX's dividend yield for the trailing twelve months is around 5.85%, more than BAC's 2.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NPSRX Nuveen Preferred Securities & Income Fund | 5.85% | 5.87% | 5.87% | 5.82% | 4.97% | 5.02% | 5.40% | 6.01% | 5.53% | 5.85% | 5.82% | 6.02% |
BAC Bank of America Corporation | 2.16% | 2.28% | 2.73% | 2.60% | 1.75% | 2.38% | 1.87% | 2.19% | 1.32% | 1.13% | 1.19% | 0.67% |
Drawdowns
NPSRX vs. BAC - Drawdown Comparison
The maximum NPSRX drawdown since its inception was -59.99%, smaller than the maximum BAC drawdown of -93.45%. Use the drawdown chart below to compare losses from any high point for NPSRX and BAC. For additional features, visit the drawdowns tool.
Volatility
NPSRX vs. BAC - Volatility Comparison
The current volatility for Nuveen Preferred Securities & Income Fund (NPSRX) is 0.78%, while Bank of America Corporation (BAC) has a volatility of 5.38%. This indicates that NPSRX experiences smaller price fluctuations and is considered to be less risky than BAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.