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VOHIX vs. NXP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VOHIX and NXP is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

VOHIX vs. NXP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Ohio Long-Term Tax-Exempt Fund (VOHIX) and Nuveen Select Tax-Free Income Portfolio (NXP). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

VOHIX:

0.10

NXP:

0.36

Sortino Ratio

VOHIX:

0.13

NXP:

0.32

Omega Ratio

VOHIX:

1.02

NXP:

1.04

Calmar Ratio

VOHIX:

0.05

NXP:

0.10

Martin Ratio

VOHIX:

0.21

NXP:

0.58

Ulcer Index

VOHIX:

2.04%

NXP:

3.03%

Daily Std Dev

VOHIX:

6.22%

NXP:

9.14%

Max Drawdown

VOHIX:

-17.45%

NXP:

-27.60%

Current Drawdown

VOHIX:

-5.54%

NXP:

-11.63%

Returns By Period

In the year-to-date period, VOHIX achieves a -1.98% return, which is significantly higher than NXP's -4.91% return. Over the past 10 years, VOHIX has underperformed NXP with an annualized return of 2.08%, while NXP has yielded a comparatively higher 3.96% annualized return.


VOHIX

YTD

-1.98%

1M

1.80%

6M

-2.02%

1Y

0.60%

5Y*

0.45%

10Y*

2.08%

NXP

YTD

-4.91%

1M

4.35%

6M

-0.97%

1Y

3.25%

5Y*

2.84%

10Y*

3.96%

*Annualized

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Risk-Adjusted Performance

VOHIX vs. NXP — Risk-Adjusted Performance Rank

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

VOHIX
The Risk-Adjusted Performance Rank of VOHIX is 2727
Overall Rank
The Sharpe Ratio Rank of VOHIX is 3131
Sharpe Ratio Rank
The Sortino Ratio Rank of VOHIX is 2424
Sortino Ratio Rank
The Omega Ratio Rank of VOHIX is 2525
Omega Ratio Rank
The Calmar Ratio Rank of VOHIX is 2828
Calmar Ratio Rank
The Martin Ratio Rank of VOHIX is 2828
Martin Ratio Rank

NXP
The Risk-Adjusted Performance Rank of NXP is 5353
Overall Rank
The Sharpe Ratio Rank of NXP is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of NXP is 4545
Sortino Ratio Rank
The Omega Ratio Rank of NXP is 4545
Omega Ratio Rank
The Calmar Ratio Rank of NXP is 5454
Calmar Ratio Rank
The Martin Ratio Rank of NXP is 5757
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current VOHIX Sharpe Ratio is 0.10, which is lower than the NXP Sharpe Ratio of 0.36. The chart below compares the historical Sharpe Ratios of VOHIX and NXP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

VOHIX vs. NXP - Dividend Comparison

VOHIX's dividend yield for the trailing twelve months is around 3.22%, less than NXP's 4.37% yield.


TTM20242023202220212020201920182017201620152014
VOHIX
Vanguard Ohio Long-Term Tax-Exempt Fund
3.22%3.34%3.06%2.74%2.42%2.66%3.00%3.28%3.19%3.30%3.38%3.51%
NXP
Nuveen Select Tax-Free Income Portfolio
4.37%4.02%3.98%3.97%3.45%3.10%3.36%3.92%3.83%4.00%4.03%4.44%

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.


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Volatility

VOHIX vs. NXP - Volatility Comparison

The current volatility for Vanguard Ohio Long-Term Tax-Exempt Fund (VOHIX) is 2.12%, while Nuveen Select Tax-Free Income Portfolio (NXP) has a volatility of 2.26%. 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.


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