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WNTFX vs. NQP
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

WNTFX vs. NQP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Weitz Nebraska Tax-Free Income Fund (WNTFX) and Nuveen Pennsylvania Quality Municipal Income (NQP). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


WNTFX

1D
1M
YTD
6M
1Y
3Y*
5Y*
10Y*

NQP

1D
1M
YTD
6M
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

WNTFX vs. NQP - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
WNTFX
Weitz Nebraska Tax-Free Income Fund
0.67%4.56%1.19%3.79%-4.84%0.35%3.64%4.05%0.67%1.61%
NQP
Nuveen Pennsylvania Quality Municipal Income
3.84%15.46%2.70%7.44%-21.95%7.75%7.08%21.21%-2.28%5.96%

Correlation

The correlation between WNTFX and NQP is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.28

Correlation (3Y)
Calculated over the trailing 3-year period

0.50

Correlation (5Y)
Calculated over the trailing 5-year period

0.50

Correlation (10Y)
Calculated over the trailing 10-year period

0.41

Correlation (All Time)
Calculated using the full available price history since Jan 4, 2007

0.30

The correlation between WNTFX and NQP shifts across timeframes, from 0.28 (1 year) to 0.50 (3 years), reflecting how their relationship changes across market environments.

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Return for Risk

WNTFX vs. NQP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Weitz Nebraska Tax-Free Income Fund (WNTFX) and Nuveen Pennsylvania Quality Municipal Income (NQP). 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.


Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

WNTFX vs. NQP - Sharpe Ratio Comparison


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Drawdowns

WNTFX vs. NQP - Drawdown Comparison


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Volatility

WNTFX vs. NQP - Volatility Comparison


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WNTFX vs. NQP - Expense Ratio Comparison

WNTFX has a 0.45% expense ratio, which is lower than NQP's 1.27% expense ratio.


Dividends

WNTFX vs. NQP - Dividend Comparison

WNTFX's dividend yield for the trailing twelve months is around 2.55%, less than NQP's 7.13% yield.


PositionTTM20252024202320222021202020192018201720162015
NQP
Nuveen Pennsylvania Quality Municipal Income
7.13%7.87%6.69%3.07%4.89%4.51%4.38%4.23%5.34%5.34%5.67%6.10%
WNTFX
Weitz Nebraska Tax-Free Income Fund
2.55%2.27%2.03%2.02%1.97%1.14%1.60%1.24%1.48%1.41%1.72%1.95%

Frequently Asked Questions


WNTFX and NQP have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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Find the right allocation for WNTFX and NQP

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