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NMAI correlations (Nuveen Multi-Asset Income Fund)

Which assets move with NMAI and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)

14.2%

3y weekly

Beta vs S&P 500

0.68

3y weekly

1-year return

+25.5%

price, adjusted

5-year return

+36.4%

price, adjusted

Market cap

$0.5B

latest

P/E ratio

5.9

trailing

Max drawdown

-13.0%

3y, daily closes

NMAI over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with NMAI

Asset		Correlation (3Y)
NCV	Virtus Convertible & Income Fund	0.77
ETG	Eaton Vance Tax-Advantaged Global Dividend Income Fund	0.77
ETO	Eaton Vance Tax-Advantage Global Dividend Opp	0.76
VT	Vanguard Total World Stock ETF	0.75
ACWI	iShares MSCI ACWI ETF	0.75

These are the assets whose returns had the least to do with NMAI's, historically the most independent picks in our universe.

Asset		Correlation (3Y)
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.60
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.56
FNGD	MicroSectors FANG Index -3X Inverse Leveraged ETNs due	-0.53

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/nmai.json

Correlations, diversifiers, beta and volatility for NMAI, plus one endpoint per pair. API documentation.