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:
0.63
NXP:
0.29
NVG:
0.89
NXP:
0.45
NVG:
1.13
NXP:
1.06
NVG:
0.27
NXP:
0.16
NVG:
1.87
NXP:
1.06
NVG:
4.04%
NXP:
2.55%
NVG:
11.90%
NXP:
9.18%
NVG:
-41.68%
NXP:
-27.60%
NVG:
-21.49%
NXP:
-14.31%
Fundamentals
Returns By Period
In the year-to-date period, NVG achieves a -2.91% return, which is significantly higher than NXP's -7.79% return. Both investments have delivered pretty close results over the past 10 years, with NVG having a 3.51% annualized return and NXP not far behind at 3.40%.
NVG
-2.91%
-4.82%
-9.94%
7.54%
0.90%
3.51%
NXP
-7.79%
-2.59%
-6.27%
2.55%
1.89%
3.40%
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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 7.99%, more than NXP's 4.51% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVG Nuveen AMT-Free Municipal Credit Income Fund | 7.99% | 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 | 4.51% | 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
Nuveen AMT-Free Municipal Credit Income Fund (NVG) has a higher volatility of 6.83% compared to Nuveen Select Tax-Free Income Portfolio (NXP) at 3.17%. This indicates that NVG's price experiences larger fluctuations and is considered to be riskier 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