NRK vs. MYI
Compare and contrast key facts about Nuveen New York AMT Free Quality Municipal Income (NRK) and BlackRock MuniYield Quality Fund III (MYI).
NRK is an actively managed fund by Nuveen. It was launched on Nov 21, 2002. MYI is an actively managed fund by BlackRock. It was launched on Apr 13, 1992.
Performance
NRK vs. MYI - Performance Comparison
Loading graphics...
NRK vs. MYI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NRK Nuveen New York AMT Free Quality Municipal Income | 4.26% | 4.74% | 5.93% | 7.03% | -21.84% | 6.24% | 4.08% | 21.43% | -5.98% | 6.16% |
MYI BlackRock MuniYield Quality Fund III | -0.82% | 4.74% | 0.55% | 8.79% | -20.52% | 6.99% | 11.60% | 16.64% | -8.42% | 7.13% |
Returns By Period
In the year-to-date period, NRK achieves a 4.26% return, which is significantly higher than MYI's -0.82% return. Over the past 10 years, NRK has outperformed MYI with an annualized return of 2.54%, while MYI has yielded a comparatively lower 1.49% annualized return.
NRK
- 1D
- 0.98%
- 1M
- -2.09%
- YTD
- 4.26%
- 6M
- 4.75%
- 1Y
- 8.11%
- 3Y*
- 5.97%
- 5Y*
- 0.06%
- 10Y*
- 2.54%
MYI
- 1D
- 1.05%
- 1M
- -5.37%
- YTD
- -0.82%
- 6M
- -1.03%
- 1Y
- 2.69%
- 3Y*
- 3.57%
- 5Y*
- -0.72%
- 10Y*
- 1.49%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NRK vs. MYI - Expense Ratio Comparison
Both NRK and MYI have an expense ratio of 2.16%.
Return for Risk
NRK vs. MYI — Risk / Return Rank
NRK
MYI
NRK vs. MYI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen New York AMT Free Quality Municipal Income (NRK) and BlackRock MuniYield Quality Fund III (MYI). 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.
| NRK | MYI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.96 | 0.26 | +0.70 |
Sortino ratioReturn per unit of downside risk | 1.49 | 0.42 | +1.08 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.06 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 1.16 | 0.37 | +0.79 |
Martin ratioReturn relative to average drawdown | 2.62 | 0.99 | +1.64 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| NRK | MYI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.96 | 0.26 | +0.70 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | -0.07 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.25 | 0.13 | +0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 0.24 | +0.05 |
Correlation
The correlation between NRK and MYI is 0.37, 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.
Dividends
NRK vs. MYI - Dividend Comparison
NRK's dividend yield for the trailing twelve months is around 8.03%, more than MYI's 6.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NRK Nuveen New York AMT Free Quality Municipal Income | 8.03% | 8.21% | 6.74% | 4.06% | 5.41% | 4.18% | 4.15% | 3.98% | 4.68% | 4.85% | 5.37% | 5.44% |
MYI BlackRock MuniYield Quality Fund III | 6.27% | 6.13% | 6.03% | 4.30% | 5.22% | 4.17% | 3.84% | 3.89% | 5.01% | 5.88% | 6.20% | 6.03% |
Drawdowns
NRK vs. MYI - Drawdown Comparison
The maximum NRK drawdown since its inception was -40.18%, smaller than the maximum MYI drawdown of -43.90%. Use the drawdown chart below to compare losses from any high point for NRK and MYI.
Loading graphics...
Drawdown Indicators
| NRK | MYI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.18% | -43.90% | +3.72% |
Max Drawdown (1Y)Largest decline over 1 year | -7.55% | -7.58% | +0.03% |
Max Drawdown (5Y)Largest decline over 5 years | -31.06% | -31.84% | +0.78% |
Max Drawdown (10Y)Largest decline over 10 years | -31.06% | -31.84% | +0.78% |
Current DrawdownCurrent decline from peak | -5.91% | -10.47% | +4.56% |
Average DrawdownAverage peak-to-trough decline | -8.22% | -9.40% | +1.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.33% | 2.81% | +0.52% |
Volatility
NRK vs. MYI - Volatility Comparison
Nuveen New York AMT Free Quality Municipal Income (NRK) and BlackRock MuniYield Quality Fund III (MYI) have volatilities of 3.50% and 3.55%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| NRK | MYI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.50% | 3.55% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 5.50% | 5.49% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.54% | 10.38% | -1.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.76% | 10.82% | -1.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.28% | 11.34% | -1.06% |