First Merchants Corporation (FRME) vs Nuveen Quality Municipal Income Fund (NAD)

Over the past 10 years, FRME outperformed NAD — 7.20% vs 1.60% annualized total return (price plus dividends).

A side-by-side comparison of First Merchants Corporation and Nuveen Quality Municipal Income Fund across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

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Total return — FRME vs NAD

growth of $100 · dividends reinvested · last 10y
FRME +102.5% (+7.3%/yr)NAD +19.8% (+1.8%/yr)FRME compounded faster over this window
100150200Start $10020182020202220242026$202$120
FRME NAD

Metrics side by side

Did FRME beat NAD?

Over the past 10 years, FRME outperformed NAD — 7.20% vs 1.60% annualized total return (price plus dividends).

Total return (annualized)

MetricFRMENAD
Total return (1Y)8.63%-8.00%
Total return CAGR (3Y)16.64%6.77%
Total return CAGR (5Y)2.27%-2.63%
Total return CAGR (10Y)7.20%1.60%

NAD is an index fund, so valuation, profitability, and per-company growth metrics don't apply — the head-to-head here is total return (price plus reinvested dividends).

Frequently asked

Has FRME beaten NAD?
Over the past 10 years, FRME outperformed NAD — 7.20% vs 1.60% annualized total return (price plus dividends).

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.