See what your fund actually adds
Northern Arizona Tax-Exempt Fund NOAZX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | NOAZX | Replication |
|---|---|---|
| Annualized growth | -0.5% | 0.0% |
| Annualized volatility | 5.0% | 4.8% |
| Sharpe ratio | -0.08 | 0.03 |
| Maximum drawdown | 13.4% | 11.4% |
| Replication fit (R²) | 0.98 · Tracking error 0.6% | |
Replication portfolio
The published portfolio below is the investable basket used to model NOAZX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| MUB | FI · Municipal | 100.0% |