NXN vs. NYF

Last updated Apr 2, 2026

Compare and contrast key facts about Nuveen New York Select Tax-Free Income Portfolio (NXN) and iShares New York Muni Bond ETF (NYF).

NYF is a passively managed fund by iShares that tracks the performance of the S&P New York AMT-Free Municipal Bond Index. It was launched on Oct 4, 2007.

Performance

NXN vs. NYF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen New York Select Tax-Free Income Portfolio (NXN) and iShares New York Muni Bond ETF (NYF). The values are adjusted to include any dividend payments, if applicable.

NXN vs. NYF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NXN Nuveen New York Select Tax-Free Income Portfolio	0.58%	11.02%	0.74%	5.63%	-11.90%	-1.09%	3.84%	14.04%	-1.95%	7.22%
NYF iShares New York Muni Bond ETF	0.08%	3.64%	1.13%	5.76%	-7.75%	1.34%	4.18%	6.49%	0.66%	5.02%

Returns By Period

NXN

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NYF

• 1D: 0.30%
• 1M: -1.77%
• YTD: 0.08%
• 6M: 1.30%
• 1Y: 3.82%
• 3Y*: 2.67%
• 5Y*: 0.85%
• 10Y*: 1.81%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

NXN vs. NYF — Risk / Return Rank

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

NYF

NYF Risk / Return Rank: 47
NYF Sharpe Ratio Rank: 51
NYF Sortino Ratio Rank: 41
NYF Omega Ratio Rank: 56
NYF Calmar Ratio Rank: 47
NYF Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NXN vs. NYF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen New York Select Tax-Free Income Portfolio (NXN) and iShares New York Muni Bond ETF (NYF). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	NXN	NYF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.96	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.21	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.41	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.46	—

Correlation

The correlation between NXN and NYF is 0.16, 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

NXN vs. NYF - Dividend Comparison

NXN's dividend yield for the trailing twelve months is around 3.11%, which matches NYF's 3.08% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NXN Nuveen New York Select Tax-Free Income Portfolio	3.11%	4.18%	4.37%	4.12%	3.55%	3.10%	3.34%	3.39%	3.92%	4.03%	4.17%	4.03%
NYF iShares New York Muni Bond ETF	3.08%	2.99%	2.77%	2.36%	2.04%	1.85%	1.98%	2.19%	2.48%	2.46%	2.43%	2.60%

Drawdowns

Drawdown Indicators

	NXN	NYF	Difference
Max Drawdown Largest peak-to-trough decline	—	-13.12%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-3.34%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-12.71%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-13.12%	—
Current Drawdown Current decline from peak	—	-1.97%	—
Average Drawdown Average peak-to-trough decline	—	-2.32%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.19%	—

Volatility

Volatility by Period

	NXN	NYF	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.41%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.90%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	4.02%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	3.98%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	4.48%	—