NSIOX vs. HMOP
Compare and contrast key facts about Nuveen Strategic Municipal Opportunities Fund (NSIOX) and Hartford Municipal Opportunities ETF (HMOP).
NSIOX is managed by Nuveen. It was launched on Dec 15, 2014. HMOP is an actively managed fund by Hartford. It was launched on Dec 13, 2017.
Performance
NSIOX vs. HMOP - Performance Comparison
Loading graphics...
NSIOX vs. HMOP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NSIOX Nuveen Strategic Municipal Opportunities Fund | -0.66% | 3.19% | 4.61% | 7.17% | -13.81% | 5.21% | 6.82% | 10.07% | 3.31% | 0.28% |
HMOP Hartford Municipal Opportunities ETF | -0.10% | 4.70% | 2.52% | 6.83% | -8.37% | 1.80% | 5.52% | 7.77% | 1.59% | 0.05% |
Returns By Period
In the year-to-date period, NSIOX achieves a -0.66% return, which is significantly lower than HMOP's -0.10% return.
NSIOX
- 1D
- 0.21%
- 1M
- -2.71%
- YTD
- -0.66%
- 6M
- 0.60%
- 1Y
- 2.41%
- 3Y*
- 3.79%
- 5Y*
- 0.65%
- 10Y*
- 3.07%
HMOP
- 1D
- 0.18%
- 1M
- -2.38%
- YTD
- -0.10%
- 6M
- 1.17%
- 1Y
- 4.35%
- 3Y*
- 3.81%
- 5Y*
- 1.32%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NSIOX vs. HMOP - Expense Ratio Comparison
NSIOX has a 0.56% expense ratio, which is higher than HMOP's 0.29% expense ratio.
Return for Risk
NSIOX vs. HMOP — Risk / Return Rank
NSIOX
HMOP
NSIOX vs. HMOP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Strategic Municipal Opportunities Fund (NSIOX) and Hartford Municipal Opportunities ETF (HMOP). 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.
| NSIOX | HMOP | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.58 | 1.17 | -0.59 |
Sortino ratioReturn per unit of downside risk | 0.79 | 1.53 | -0.74 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.25 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 0.58 | 1.47 | -0.89 |
Martin ratioReturn relative to average drawdown | 1.64 | 4.83 | -3.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| NSIOX | HMOP | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.58 | 1.17 | -0.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.34 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.60 | +0.14 |
Correlation
The correlation between NSIOX and HMOP is 0.58, 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
NSIOX vs. HMOP - Dividend Comparison
NSIOX's dividend yield for the trailing twelve months is around 4.25%, more than HMOP's 3.51% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NSIOX Nuveen Strategic Municipal Opportunities Fund | 4.25% | 4.53% | 3.91% | 3.85% | 4.20% | 4.25% | 2.88% | 3.25% | 3.12% | 3.22% | 4.09% | 2.48% |
HMOP Hartford Municipal Opportunities ETF | 3.51% | 3.40% | 3.22% | 2.92% | 2.12% | 1.67% | 5.26% | 2.87% | 2.27% | 0.00% | 0.00% | 0.00% |
Drawdowns
NSIOX vs. HMOP - Drawdown Comparison
The maximum NSIOX drawdown since its inception was -18.38%, which is greater than HMOP's maximum drawdown of -13.12%. Use the drawdown chart below to compare losses from any high point for NSIOX and HMOP.
Loading graphics...
Drawdown Indicators
| NSIOX | HMOP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.38% | -13.12% | -5.26% |
Max Drawdown (1Y)Largest decline over 1 year | -5.20% | -3.10% | -2.10% |
Max Drawdown (5Y)Largest decline over 5 years | -18.38% | -13.12% | -5.26% |
Max Drawdown (10Y)Largest decline over 10 years | -18.38% | — | — |
Current DrawdownCurrent decline from peak | -2.71% | -2.38% | -0.33% |
Average DrawdownAverage peak-to-trough decline | -3.61% | -2.49% | -1.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.83% | 0.94% | +0.89% |
Volatility
NSIOX vs. HMOP - Volatility Comparison
Nuveen Strategic Municipal Opportunities Fund (NSIOX) and Hartford Municipal Opportunities ETF (HMOP) have volatilities of 1.04% and 1.08%, 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
| NSIOX | HMOP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.04% | 1.08% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 1.82% | 1.78% | +0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.21% | 3.73% | +1.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.47% | 3.85% | +0.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.68% | 4.29% | +0.39% |