NRK vs VTI
Nuveen New York AMT-Free Quality Municipal Income Fund vs Vanguard Morningstar Total Stock Market ETF
Quick Verdict
VTI delivered stronger 1-year returns. VTI offers more diversification with 3,543 holdings.
Side-by-Side Comparison
| Metric | NRK | VTI | Winner |
|---|---|---|---|
| Expense Ratio | - | 0.03% | |
| AUM | - | $666.9B | |
| Dividend Yield | 7.86% | 1.07% | |
| Holdings | 230 | 3,543 | |
| YTD Return | +10.74% | +14.82% | |
| 1Y Return | +21.12% | +22.43% | |
| 3Y Return (annualized) | +9.43% | +21.93% | |
| 5Y Return (annualized) | +0.04% | +12.34% | |
| Volatility (annualized) | 12.2% | 15.4% | |
| Max Drawdown | -46.4% | -56.6% | |
| Fund Family | Nuveen | Vanguard (US) | |
| Category | Tax Preferred | Equity | |
| Inception | Nov 21, 2002 | May 24, 2001 |
NRK vs VTI Performance
Nuveen New York AMT-Free Quality Municipal Income Fund (NRK) is a ETF from Nuveen and Vanguard Morningstar Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year NRK returned +21.12% while VTI returned +22.43%. Year to date, NRK is up 10.74% versus a gain of 14.82% for VTI.
Over three years, NRK compounded at +9.43% per year against +21.93% for VTI; over five years the annualized figures are +0.04% and +12.34% respectively. Across the full 24-year window we track, VTI has the edge at +8.16% annualized vs -0.11%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 12.2% for NRK. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -46.4% for NRK and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.34. They move independently enough that combining them can meaningfully diversify a portfolio.
Holdings Overlap
NRK and VTI share 0 holdings out of 2888 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which performed better, NRK or VTI?
Over the past year NRK returned +21.12% vs +22.43% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (24 years), NRK annualized -0.11% vs +8.16% for VTI. Past performance does not guarantee future results.
Which is riskier, NRK or VTI?
VTI has been the more volatile fund at 15.4% annualized versus 12.2% for NRK. Worst drawdown: NRK -46.4% vs VTI -56.6%.
Should I hold both NRK and VTI?
NRK and VTI have a monthly-return correlation of 0.34, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NRK and VTI?
NRK and VTI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 2888 unique securities.
Which pays a higher dividend, NRK or VTI?
NRK yields 7.86% while VTI yields 1.07%, so NRK currently pays the higher dividend yield.
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