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NVG vs. VTEB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NVG and VTEB is -0.80. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

NVG vs. VTEB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen AMT-Free Municipal Credit Income Fund (NVG) and Vanguard Tax-Exempt Bond ETF (VTEB). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Daily Std Dev

NVG:

4.47%

VTEB:

4.73%

Max Drawdown

NVG:

-0.08%

VTEB:

-17.00%

Current Drawdown

NVG:

0.00%

VTEB:

-2.92%

Returns By Period


NVG

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

VTEB

YTD

-1.35%

1M

1.93%

6M

-1.63%

1Y

0.64%

5Y*

0.89%

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

NVG vs. VTEB — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NVG
The Risk-Adjusted Performance Rank of NVG is 6969
Overall Rank
The Sharpe Ratio Rank of NVG is 7676
Sharpe Ratio Rank
The Sortino Ratio Rank of NVG is 6565
Sortino Ratio Rank
The Omega Ratio Rank of NVG is 6666
Omega Ratio Rank
The Calmar Ratio Rank of NVG is 6666
Calmar Ratio Rank
The Martin Ratio Rank of NVG is 7272
Martin Ratio Rank

VTEB
The Risk-Adjusted Performance Rank of VTEB is 2323
Overall Rank
The Sharpe Ratio Rank of VTEB is 2525
Sharpe Ratio Rank
The Sortino Ratio Rank of VTEB is 2020
Sortino Ratio Rank
The Omega Ratio Rank of VTEB is 2020
Omega Ratio Rank
The Calmar Ratio Rank of VTEB is 2727
Calmar Ratio Rank
The Martin Ratio Rank of VTEB is 2525
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NVG vs. VTEB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen AMT-Free Municipal Credit Income Fund (NVG) and Vanguard Tax-Exempt Bond ETF (VTEB). 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.



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Dividends

NVG vs. VTEB - Dividend Comparison

NVG's dividend yield for the trailing twelve months is around 7.69%, more than VTEB's 3.27% yield.


TTM20242023202220212020201920182017201620152014
NVG
Nuveen AMT-Free Municipal Credit Income Fund
7.69%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VTEB
Vanguard Tax-Exempt Bond ETF
3.27%3.14%2.79%2.09%1.65%1.99%2.30%2.25%1.96%1.66%0.58%0.00%

Drawdowns

NVG vs. VTEB - Drawdown Comparison

The maximum NVG drawdown since its inception was -0.08%, smaller than the maximum VTEB drawdown of -17.00%. Use the drawdown chart below to compare losses from any high point for NVG and VTEB. For additional features, visit the drawdowns tool.


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Volatility

NVG vs. VTEB - Volatility Comparison


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