VOHIX vs. NXP
Compare and contrast key facts about Vanguard Ohio Long-Term Tax-Exempt Fund (VOHIX) and Nuveen Select Tax-Free Income Portfolio (NXP).
VOHIX is managed by Vanguard. It was launched on Jun 18, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VOHIX or NXP.
Correlation
The correlation between VOHIX and NXP is 0.19, 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.
Performance
VOHIX vs. NXP - Performance Comparison
Key characteristics
VOHIX:
0.52
NXP:
0.45
VOHIX:
0.73
NXP:
0.67
VOHIX:
1.11
NXP:
1.09
VOHIX:
0.28
NXP:
0.22
VOHIX:
1.92
NXP:
1.79
VOHIX:
1.12%
NXP:
2.14%
VOHIX:
4.11%
NXP:
8.41%
VOHIX:
-17.45%
NXP:
-27.60%
VOHIX:
-4.23%
NXP:
-9.58%
Returns By Period
In the year-to-date period, VOHIX achieves a 1.53% return, which is significantly lower than NXP's 3.96% return. Over the past 10 years, VOHIX has underperformed NXP with an annualized return of 2.28%, while NXP has yielded a comparatively higher 4.23% annualized return.
VOHIX
1.53%
-1.00%
1.09%
2.06%
0.74%
2.28%
NXP
3.96%
1.59%
5.05%
3.82%
1.34%
4.23%
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Risk-Adjusted Performance
VOHIX vs. NXP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Ohio Long-Term Tax-Exempt Fund (VOHIX) and Nuveen Select Tax-Free Income Portfolio (NXP). 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.
Dividends
VOHIX vs. NXP - Dividend Comparison
VOHIX's dividend yield for the trailing twelve months is around 3.34%, less than NXP's 4.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VOHIX Vanguard Ohio Long-Term Tax-Exempt Fund | 3.34% | 3.06% | 2.74% | 2.42% | 2.66% | 3.00% | 3.28% | 3.19% | 3.30% | 3.38% | 3.51% | 3.85% |
NXP Nuveen Select Tax-Free Income Portfolio | 4.13% | 3.98% | 3.97% | 3.45% | 3.10% | 3.36% | 3.92% | 3.83% | 4.00% | 4.03% | 4.44% | 4.90% |
Drawdowns
VOHIX vs. NXP - Drawdown Comparison
The maximum VOHIX drawdown since its inception was -17.45%, smaller than the maximum NXP drawdown of -27.60%. Use the drawdown chart below to compare losses from any high point for VOHIX and NXP. For additional features, visit the drawdowns tool.
Volatility
VOHIX vs. NXP - Volatility Comparison
The current volatility for Vanguard Ohio Long-Term Tax-Exempt Fund (VOHIX) is 1.61%, while Nuveen Select Tax-Free Income Portfolio (NXP) has a volatility of 3.46%. This indicates that VOHIX experiences smaller price fluctuations and is considered to be less risky than NXP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.