NVG vs. NXP
Compare and contrast key facts about Nuveen AMT-Free Municipal Credit Income Fund (NVG) and Nuveen Select Tax-Free Income Portfolio (NXP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVG or NXP.
Correlation
The correlation between NVG and NXP is 0.30, 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
NVG vs. NXP - Performance Comparison
Key characteristics
NVG:
1.53
NXP:
0.55
NVG:
2.10
NXP:
0.79
NVG:
1.28
NXP:
1.10
NVG:
0.57
NXP:
0.28
NVG:
4.70
NXP:
2.29
NVG:
3.33%
NXP:
2.12%
NVG:
10.23%
NXP:
8.90%
NVG:
-41.68%
NXP:
-27.60%
NVG:
-14.96%
NXP:
-9.19%
Fundamentals
Returns By Period
In the year-to-date period, NVG achieves a 5.16% return, which is significantly higher than NXP's -2.29% return. Over the past 10 years, NVG has outperformed NXP with an annualized return of 4.52%, while NXP has yielded a comparatively lower 3.86% annualized return.
NVG
5.16%
2.65%
3.26%
15.53%
-0.29%
4.52%
NXP
-2.29%
-1.06%
-0.05%
4.56%
1.56%
3.86%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
NVG vs. NXP — Risk-Adjusted Performance Rank
NVG
NXP
NVG vs. NXP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen AMT-Free Municipal Credit Income Fund (NVG) and Nuveen Select Tax-Free Income Portfolio (NXP). 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
NVG vs. NXP - Dividend Comparison
NVG's dividend yield for the trailing twelve months is around 6.95%, more than NXP's 4.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVG Nuveen AMT-Free Municipal Credit Income Fund | 6.95% | 6.76% | 4.50% | 6.20% | 4.72% | 5.27% | 4.97% | 6.11% | 5.71% | 6.18% | 5.46% | 5.84% |
NXP Nuveen Select Tax-Free Income Portfolio | 4.18% | 4.02% | 3.98% | 3.97% | 3.45% | 3.10% | 3.36% | 3.92% | 3.83% | 4.00% | 4.03% | 4.44% |
Drawdowns
NVG vs. NXP - Drawdown Comparison
The maximum NVG drawdown since its inception was -41.68%, which is greater than NXP's maximum drawdown of -27.60%. Use the drawdown chart below to compare losses from any high point for NVG and NXP. For additional features, visit the drawdowns tool.
Volatility
NVG vs. NXP - Volatility Comparison
The current volatility for Nuveen AMT-Free Municipal Credit Income Fund (NVG) is 2.50%, while Nuveen Select Tax-Free Income Portfolio (NXP) has a volatility of 2.92%. This indicates that NVG experiences smaller price fluctuations and is considered to be less risky than NXP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NVG vs. NXP - Financials Comparison
This section allows you to compare key financial metrics between Nuveen AMT-Free Municipal Credit Income Fund and Nuveen Select Tax-Free Income Portfolio. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities