NXP vs. NAD
NXP (Nuveen Select Tax-Free Income Portfolio) and NAD (Nuveen Quality Municipal Income Fund) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 10 years, NXP returned 3.17%/yr vs 2.83%/yr for NAD. At a 0.31 correlation, their price movements are largely independent.
Performance
NXP vs. NAD - Performance Comparison
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Returns By Period
In the year-to-date period, NXP achieves a 3.43% return, which is significantly higher than NAD's 2.65% return. Over the past 10 years, NXP has outperformed NAD with an annualized return of 3.17%, while NAD has yielded a comparatively lower 2.83% annualized return.
NXP
- 1D
- -0.21%
- 1M
- 1.44%
- YTD
- 3.43%
- 6M
- 3.43%
- 1Y
- 6.75%
- 3Y*
- 3.68%
- 5Y*
- -0.72%
- 10Y*
- 3.17%
NAD
- 1D
- -0.50%
- 1M
- 3.02%
- YTD
- 2.65%
- 6M
- 2.48%
- 1Y
- 14.73%
- 3Y*
- 9.13%
- 5Y*
- 0.16%
- 10Y*
- 2.83%
NXP vs. NAD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NXP Nuveen Select Tax-Free Income Portfolio | 3.43% | -2.73% | 6.83% | 10.68% | -9.51% | -7.36% | 12.12% | 20.94% | 0.04% | 9.30% |
NAD Nuveen Quality Municipal Income Fund | 2.65% | 11.29% | 8.74% | 1.26% | -22.85% | 9.70% | 10.33% | 21.92% | -6.10% | 6.37% |
Correlation
The correlation between NXP and NAD is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since May 26, 1999 | 0.31 |
Over the past year, NXP and NAD have become more correlated (0.54) than their long-term average of 0.31, meaning their price movements have been converging.
Fundamentals
NXP:
$1.60
NAD:
$2.47
NXP:
8.91
NAD:
4.83
NXP:
12.23
NAD:
6.77
NXP:
$60.63M
NAD:
$410.48M
NXP:
$36.77M
NAD:
$385.55M
NXP:
$28.48M
NAD:
$744.52M
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Return for Risk
NXP vs. NAD — Risk / Return Rank
NXP
NAD
NXP vs. NAD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Select Tax-Free Income Portfolio (NXP) and Nuveen Quality Municipal Income Fund (NAD). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NXP | NAD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.27 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.01 | 1.83 | +0.18 |
| Martin ratioReturn relative to average drawdown | 5.02 | 7.18 | -2.16 |
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Drawdowns
NXP vs. NAD - Drawdown Comparison
The maximum NXP drawdown since its inception was -27.64%, smaller than the maximum NAD drawdown of -44.65%. Use the drawdown chart below to compare losses from any high point for NXP and NAD.
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Drawdown Indicators
| NXP | NAD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.64% | -44.65% | +17.01% |
Max Drawdown (1Y)Largest decline over 1 year | -3.37% | -8.08% | +4.71% |
Max Drawdown (3Y)Largest decline over 3 years | -10.68% | -14.69% | +4.01% |
Max Drawdown (5Y)Largest decline over 5 years | -27.64% | -35.58% | +7.94% |
Max Drawdown (10Y)Largest decline over 10 years | -27.64% | -35.58% | +7.94% |
Current DrawdownCurrent decline from peak | -6.62% | -3.47% | -3.15% |
Average DrawdownAverage peak-to-trough decline | -6.79% | -7.82% | +1.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.35% | 2.06% | -0.71% |
Volatility
NXP vs. NAD - Volatility Comparison
The current volatility for Nuveen Select Tax-Free Income Portfolio (NXP) is 2.27%, while Nuveen Quality Municipal Income Fund (NAD) has a volatility of 3.00%. This indicates that NXP experiences smaller price fluctuations and is considered to be less risky than NAD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NXP | NAD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.27% | 3.00% | -0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 5.92% | 9.40% | -3.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.54% | 11.02% | -3.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.76% | 11.63% | -0.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.08% | 11.94% | +0.14% |
Dividends
NXP vs. NAD - Dividend Comparison
NXP's dividend yield for the trailing twelve months is around 4.48%, less than NAD's 7.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NAD Nuveen Quality Municipal Income Fund | 7.19% | 7.37% | 6.63% | 4.13% | 5.58% | 4.43% | 4.41% | 4.40% | 5.37% | 5.42% | 6.05% | 5.96% |
NXP Nuveen Select Tax-Free Income Portfolio | 4.48% | 4.47% | 4.00% | 3.94% | 3.93% | 3.42% | 3.07% | 3.33% | 3.88% | 3.79% | 3.96% | 3.99% |
Financials
NXP vs. NAD - Financials Comparison
This section allows you to compare key financial metrics between Nuveen Select Tax-Free Income Portfolio and Nuveen Quality Municipal Income Fund. 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
Frequently Asked Questions
NXP and NAD have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NAD has higher volatility (3.00%) compared to NXP (2.27%). In terms of maximum drawdown, NXP dropped -27.64% vs NAD's -44.65%.
NAD currently has the higher Sharpe Ratio (1.34 vs 0.90), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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