STCK.TO vs. NMAI

Last updated Jun 4, 2026

STCK.TO (Stack Capital Group Inc) is a stock, while NMAI (Nuveen Multi-Asset Income Fund) is Global Allocation fund actively managed by Nuveen. Over the past 3 years, STCK.TO returned 63.22%/yr vs 21.62%/yr for NMAI. At a 0.13 correlation, their price movements are largely independent.

Performance

STCK.TO vs. NMAI - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Stack Capital Group Inc (STCK.TO) and Nuveen Multi-Asset Income Fund (NMAI). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

STCK.TO is traded in CAD, while NMAI is traded in USD. To make them comparable, the NMAI values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, STCK.TO achieves a 90.09% return, which is significantly higher than NMAI's 13.16% return.

STCK.TO

• 1D: -5.63%
• 1M: 14.42%
• YTD: 90.09%
• 6M: 131.10%
• 1Y: 135.74%
• 3Y*: 63.22%
• 5Y*: —
• 10Y*: —

NMAI

• 1D: -0.66%
• 1M: 3.87%
• YTD: 13.16%
• 6M: 10.53%
• 1Y: 26.30%
• 3Y*: 21.62%
• 5Y*: —
• 10Y*: —

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

STCK.TO vs. NMAI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
STCK.TO Stack Capital Group Inc	90.09%	40.36%	27.31%	47.69%	-35.64%	-4.32%
NMAI Nuveen Multi-Asset Income Fund	13.16%	14.52%	21.24%	16.88%	-21.14%	-2.14%

Correlation

The correlation between STCK.TO and NMAI is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (All Time) Calculated using the full available price history since Nov 23, 2021	0.13

Return for Risk

STCK.TO vs. NMAI — Risk / Return Rank

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

STCK.TO

STCK.TO Risk / Return Rank: 94
STCK.TO Sharpe Ratio Rank: 94
STCK.TO Sortino Ratio Rank: 94
STCK.TO Omega Ratio Rank: 92
STCK.TO Calmar Ratio Rank: 95
STCK.TO Martin Ratio Rank: 96

NMAI

NMAI Risk / Return Rank: 41
NMAI Sharpe Ratio Rank: 45
NMAI Sortino Ratio Rank: 39
NMAI Omega Ratio Rank: 46
NMAI Calmar Ratio Rank: 31
NMAI Martin Ratio Rank: 43

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.

STCK.TO vs. NMAI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Stack Capital Group Inc (STCK.TO) and Nuveen Multi-Asset Income Fund (NMAI). 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.

	STCK.TO	NMAI	Difference
Sharpe ratio: Return per unit of total volatility	3.02	2.09	+0.93
Sortino ratio: Return per unit of downside risk	3.78	2.76	+1.03
Omega ratio: Gain probability vs. loss probability	1.47	1.40	+0.08
Calmar ratio: Return relative to maximum drawdown	7.05	2.56	+4.49
Martin ratio: Return relative to average drawdown	22.52	10.19	+12.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

STCK.TO vs. NMAI - Sharpe Ratio Comparison

The current STCK.TO Sharpe Ratio is 3.02, which is higher than the NMAI Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of STCK.TO and NMAI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	STCK.TO	NMAI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.02	2.09	+0.93
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.54	+0.05

Drawdowns

STCK.TO vs. NMAI - Drawdown Comparison

The maximum STCK.TO drawdown since its inception was -53.12%, which is greater than NMAI's maximum drawdown of -29.69%. Use the drawdown chart below to compare losses from any high point for STCK.TO and NMAI.

Drawdown Indicators

	STCK.TO	NMAI	Difference
Max Drawdown Largest peak-to-trough decline	-53.12%	-29.69%	-23.43%
Max Drawdown (1Y) Largest decline over 1 year	-19.37%	-10.33%	-9.04%
Max Drawdown (3Y) Largest decline over 3 years	-25.06%	-13.32%	-11.74%
Current Drawdown Current decline from peak	-19.37%	-0.88%	-18.49%
Average Drawdown Average peak-to-trough decline	-19.76%	-10.05%	-9.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.05%	2.59%	+3.46%

Volatility

STCK.TO vs. NMAI - Volatility Comparison

Stack Capital Group Inc (STCK.TO) has a higher volatility of 16.49% compared to Nuveen Multi-Asset Income Fund (NMAI) at 3.78%. This indicates that STCK.TO's price experiences larger fluctuations and is considered to be riskier than NMAI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STCK.TO	NMAI	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.49%	3.78%	+12.71%
Volatility (6M) Calculated over the trailing 6-month period	38.23%	10.71%	+27.52%
Volatility (1Y) Calculated over the trailing 1-year period	45.27%	12.63%	+32.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.66%	14.99%	+22.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.66%	14.99%	+22.67%

Dividends

STCK.TO vs. NMAI - Dividend Comparison

STCK.TO has not paid dividends to shareholders, while NMAI's dividend yield for the trailing twelve months is around 10.40%.

Position	TTM	2025	2024	2023	2022	2021
NMAI Nuveen Multi-Asset Income Fund	10.40%	9.89%	13.73%	10.57%	19.45%	1.88%
STCK.TO Stack Capital Group Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both STCK.TO and NMAI in my portfolio?

STCK.TO and NMAI have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.