WITAX vs. NPV
Compare and contrast key facts about Segall Bryant & Hamill Municipal Opportunities Fund (WITAX) and Nuveen Virginia Quality Municipal Income Fund (NPV).
WITAX is managed by Segall Bryant & Hamill. It was launched on Dec 15, 2016. NPV is an actively managed fund by Nuveen. It was launched on Mar 18, 1993.
Performance
WITAX vs. NPV - Performance Comparison
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WITAX vs. NPV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WITAX Segall Bryant & Hamill Municipal Opportunities Fund | -0.07% | 5.32% | 3.09% | 5.50% | -11.11% | 2.87% | 6.71% | 7.20% | 1.46% | 8.57% |
NPV Nuveen Virginia Quality Municipal Income Fund | 4.12% | -5.91% | 24.61% | 0.42% | -31.53% | 10.93% | 13.15% | 29.60% | -4.42% | 3.27% |
Returns By Period
In the year-to-date period, WITAX achieves a -0.07% return, which is significantly lower than NPV's 4.12% return.
WITAX
- 1D
- 0.21%
- 1M
- -1.82%
- YTD
- -0.07%
- 6M
- 1.47%
- 1Y
- 4.35%
- 3Y*
- 4.05%
- 5Y*
- 0.94%
- 10Y*
- —
NPV
- 1D
- 1.34%
- 1M
- -2.61%
- YTD
- 4.12%
- 6M
- 1.08%
- 1Y
- 2.00%
- 3Y*
- 5.94%
- 5Y*
- -1.81%
- 10Y*
- 2.40%
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WITAX vs. NPV - Expense Ratio Comparison
WITAX has a 0.50% expense ratio, which is lower than NPV's 1.51% expense ratio.
Return for Risk
WITAX vs. NPV — Risk / Return Rank
WITAX
NPV
WITAX vs. NPV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Segall Bryant & Hamill Municipal Opportunities Fund (WITAX) and Nuveen Virginia Quality Municipal Income Fund (NPV). 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.
| WITAX | NPV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.61 | 0.22 | +1.39 |
Sortino ratioReturn per unit of downside risk | 2.09 | 0.36 | +1.74 |
Omega ratioGain probability vs. loss probability | 1.42 | 1.05 | +0.38 |
Calmar ratioReturn relative to maximum drawdown | 1.70 | 0.16 | +1.54 |
Martin ratioReturn relative to average drawdown | 6.28 | 0.37 | +5.90 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WITAX | NPV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.61 | 0.22 | +1.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.33 | -0.13 | +0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.18 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.98 | 0.28 | +0.69 |
Correlation
The correlation between WITAX and NPV is 0.34, 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.
Dividends
WITAX vs. NPV - Dividend Comparison
WITAX's dividend yield for the trailing twelve months is around 3.22%, less than NPV's 7.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WITAX Segall Bryant & Hamill Municipal Opportunities Fund | 3.22% | 3.49% | 3.68% | 3.61% | 3.17% | 2.75% | 3.30% | 4.19% | 3.56% | 3.76% | 0.00% | 0.00% |
NPV Nuveen Virginia Quality Municipal Income Fund | 7.19% | 7.55% | 5.63% | 3.89% | 5.08% | 3.42% | 3.49% | 3.58% | 4.62% | 4.40% | 4.87% | 5.25% |
Drawdowns
WITAX vs. NPV - Drawdown Comparison
The maximum WITAX drawdown since its inception was -13.87%, smaller than the maximum NPV drawdown of -44.25%. Use the drawdown chart below to compare losses from any high point for WITAX and NPV.
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Drawdown Indicators
| WITAX | NPV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.87% | -44.25% | +30.38% |
Max Drawdown (1Y)Largest decline over 1 year | -2.89% | -9.07% | +6.18% |
Max Drawdown (5Y)Largest decline over 5 years | -13.87% | -44.25% | +30.38% |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.25% | — |
Current DrawdownCurrent decline from peak | -1.82% | -17.90% | +16.08% |
Average DrawdownAverage peak-to-trough decline | -2.97% | -10.15% | +7.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.78% | 3.77% | -2.99% |
Volatility
WITAX vs. NPV - Volatility Comparison
The current volatility for Segall Bryant & Hamill Municipal Opportunities Fund (WITAX) is 0.78%, while Nuveen Virginia Quality Municipal Income Fund (NPV) has a volatility of 2.43%. This indicates that WITAX experiences smaller price fluctuations and is considered to be less risky than NPV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WITAX | NPV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.78% | 2.43% | -1.65% |
Volatility (6M)Calculated over the trailing 6-month period | 1.17% | 5.20% | -4.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.86% | 9.05% | -6.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.88% | 13.52% | -10.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.12% | 13.19% | -10.07% |