STMYX vs. NSIOX
STMYX (Ocean Park Tactical Municipal Fund) and NSIOX (Nuveen Strategic Municipal Opportunities Fund) are both High Yield Muni funds. Over the past 5 years, STMYX returned 0.39%/yr vs 0.08%/yr for NSIOX. Their 0.72 correlation means they have sometimes moved together and sometimes differently. STMYX charges 0.92%/yr vs 0.56%/yr for NSIOX.
Performance
STMYX vs. NSIOX - Performance Comparison
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Returns By Period
In the year-to-date period, STMYX achieves a 0.80% return, which is significantly higher than NSIOX's 0.70% return.
STMYX
- 1D
- -0.17%
- 1M
- -1.85%
- 6M
- 0.14%
- YTD
- 0.80%
- 1Y
- 4.96%
- 3Y*
- 2.06%
- 5Y*
- 0.39%
- 10Y*
- —
- ALL TIME*
- 2.39%
NSIOX
- 1D
- 0.26%
- 1M
- -1.67%
- 6M
- 0.00%
- YTD
- 0.70%
- 1Y
- 5.24%
- 3Y*
- 4.04%
- 5Y*
- 0.08%
- 10Y*
- 2.79%
- ALL TIME*
- 3.32%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
STMYX vs. NSIOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
STMYX Ocean Park Tactical Municipal Fund | 0.80% | -1.09% | 2.00% | 4.29% | -2.93% | 3.35% | 4.35% | 7.73% |
NSIOX Nuveen Strategic Municipal Opportunities Fund | 0.70% | 3.19% | 4.61% | 7.17% | -13.81% | 5.21% | 6.82% | 9.96% |
Correlation
The correlation between STMYX and NSIOX is 0.82, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.82 |
Correlation (3Y) Balances recent behavior with more history. | 0.80 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.72 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2019 | 0.72 |
The correlation between STMYX and NSIOX shifts across timeframes, from 0.72 (5 years) to 0.82 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
STMYX vs. NSIOX — Risk / Return Rank
STMYX
NSIOX
STMYX vs. NSIOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ocean Park Tactical Municipal Fund (STMYX) and Nuveen Strategic Municipal Opportunities Fund (NSIOX). 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.
| STMYX | NSIOX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.43 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.09 | 1.89 | +0.20 |
| Martin ratioReturn relative to average drawdown | 6.94 | 5.82 | +1.13 |
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Drawdowns
STMYX vs. NSIOX - Drawdown Comparison
The maximum STMYX drawdown since its inception was -9.71%, smaller than the maximum NSIOX drawdown of -18.38%. Use the drawdown chart below to compare losses from any high point for STMYX and NSIOX.
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Drawdown Indicators
| STMYX | NSIOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.71% | -18.38% | +8.67% |
Max Drawdown (1Y)Largest decline over 1 year | -2.55% | -2.91% | +0.36% |
Max Drawdown (3Y)Largest decline over 3 years | -7.74% | -5.60% | -2.14% |
Max Drawdown (5Y)Largest decline over 5 years | -8.59% | -18.38% | +9.79% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.38% | — |
Current DrawdownCurrent decline from peak | -2.20% | -1.67% | -0.53% |
Average DrawdownAverage peak-to-trough decline | -3.11% | -3.53% | +0.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.76% | 0.94% | -0.18% |
Volatility
STMYX vs. NSIOX - Volatility Comparison
Ocean Park Tactical Municipal Fund (STMYX) and Nuveen Strategic Municipal Opportunities Fund (NSIOX) have volatilities of 1.01% and 1.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| STMYX | NSIOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.01% | 1.01% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 2.17% | 2.31% | -0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.65% | 2.97% | -0.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.91% | 4.52% | -0.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.69% | 4.68% | -0.99% |
STMYX vs. NSIOX - Expense Ratio Comparison
STMYX has a 0.92% expense ratio, which is higher than NSIOX's 0.56% expense ratio.
Dividends
STMYX vs. NSIOX - Dividend Comparison
STMYX's dividend yield for the trailing twelve months is around 3.63%, less than NSIOX's 4.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NSIOX Nuveen Strategic Municipal Opportunities Fund | 4.22% | 4.53% | 3.91% | 3.85% | 4.20% | 4.25% | 2.88% | 3.25% | 3.12% | 3.22% | 4.09% | 2.48% |
STMYX Ocean Park Tactical Municipal Fund | 3.63% | 3.44% | 3.03% | 2.46% | 1.13% | 4.78% | 2.47% | 2.67% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
STMYX and NSIOX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NSIOX has higher volatility (1.01%) compared to STMYX (1.01%). In terms of maximum drawdown, STMYX dropped -9.71% vs NSIOX's -18.38%.
STMYX currently has the higher Sharpe Ratio (2.02 vs 1.89), 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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