AOA vs NAD

Comparison between iShares Core Aggressive Allocation ETF (AOA, ETF) and Nuveen Quality Municipal Income Fund (NAD, ETF).

5-Year PerformanceAOA has outperformed NAD, delivering a return of +9.0% compared to +0.6%

AOA vs NAD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AOA(ETF)	NAD(ETF)
Net Assets	$2.80B	$2.80B
Expense Ratio	0.15%	N/A
Max Drawdown	28.38%	51.92%
Sharpe Ratio	2.02	0.86
5Y Beta	0.71	0.22
5Y Dividends CAGR	15.17%	6.06%

Net Assets

AOA

$2.80B

NAD

$2.80B

Expense Ratio

AOA

0.15%

NAD

N/A

Max Drawdown

Winner

AOA

28.38%

NAD

51.92%

Sharpe Ratio

Winner

AOA

2.02

NAD

0.86

5Y Beta

AOA

0.71

Winner

NAD

0.22

5Y Dividends CAGR

Winner

AOA

15.17%

NAD

6.06%

AOA vs NAD - Historical Returns

Returns include dividend reinvestment.

Period	AOA	NAD
1 month	+5.74%	+1.45%
3 months	+4.21%	-0.23%
6 months	+10.82%	+4.80%
1 year	+27.55%	+12.84%
5 years(CAGR)	+8.97%	+0.58%
10 years(CAGR)	+10.63%	+2.72%
Max(CAGR)	+10.53%	+5.41%

Winner

AOA

+5.74%

NAD

+1.45%

Winner

AOA

+4.21%

NAD

-0.23%

Winner

AOA

+10.82%

NAD

+4.80%

Winner

AOA

+27.55%

NAD

+12.84%

5Y(CAGR)

Winner

AOA

+8.97%

NAD

+0.58%

10Y(CAGR)

Winner

AOA

+10.63%

NAD

+2.72%

Max(CAGR)

Winner

AOA

+10.53%

NAD

+5.41%

AOA vs NAD - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	AOA	NAD
2026	+7.76%	+1.69%
2025	+19.99%	+9.76%
2024	+14.32%	+8.94%
2023	+18.04%	-0.28%
2022	-16.54%	-22.45%
2021	+15.99%	+10.21%
2020	+11.88%	+10.73%
2019	+22.58%	+20.11%
2018	-8.43%	-5.76%
2017	+19.48%	+5.98%
2016	+9.03%	+2.05%
2015	-0.97%	+7.80%
2014	+7.12%	+19.78%
2013	+20.51%	-15.11%
2012	+13.52%	+12.07%
2011	-2.65%	+21.18%
2010	+14.90%	+1.99%
2009	+23.86%	+38.25%
2008	-2.55%	-21.38%
2007	N/A	-10.97%
2006	N/A	+13.53%
2005	N/A	+4.63%
2004	N/A	+2.48%
2003	N/A	+11.63%
2002	N/A	+9.42%
2001	N/A	+7.43%
2000	N/A	+15.65%
1999	N/A	-11.78%

AOA vs NAD Drawdown Comparison

The maximum drawdown for AOA was -28.38%, occurring on Mar 23, 2020. Recovery took 134 trading sessions.

The maximum drawdown for NAD was -44.61%, occurring on Oct 10, 2008. Recovery took 663 trading sessions.

The current NAD drawdown is -4.31%.

Rank	AOA	NAD
#1	-28.38% Feb 12, 2020 - Aug 24, 2020	-44.61% Jan 22, 2007 - Sep 8, 2009
#2	-24.37% Nov 11, 2008 - May 6, 2009	-35.57% Sep 15, 2021 - Oct 25, 2023
#3	-23.62% Jan 4, 2022 - Feb 7, 2024	-25.39% Mar 6, 2020 - Nov 16, 2020
#4	-20.16% Apr 29, 2011 - Mar 13, 2012	-21.47% Nov 30, 2012 - Dec 4, 2014
#5	-16.11% Jan 26, 2018 - Jul 2, 2019	-18.90% Sep 1, 2010 - Nov 22, 2011
#6	-15.03% May 21, 2015 - Aug 11, 2016	-17.47% Mar 9, 2004 - Jun 7, 2005
#7	-13.98% Apr 14, 2010 - Oct 13, 2010	-15.78% Nov 2, 1999 - Dec 8, 2000
#8	-12.94% Feb 18, 2025 - May 15, 2025	-15.38% Aug 12, 2016 - May 13, 2019
#9	-9.16% Apr 2, 2012 - Sep 6, 2012	-10.12% Jun 17, 2003 - Jan 7, 2004
#10	-8.35% Jan 14, 2010 - Mar 9, 2010	-9.48% Nov 6, 2001 - Jun 7, 2002
#11	-8.20% Feb 25, 2026 - Apr 17, 2026	-9.39% Oct 4, 2002 - May 1, 2003
#12	-7.36% Sep 5, 2014 - Nov 24, 2014	-8.80% Sep 9, 2005 - Aug 17, 2006
#13	-6.88% Jun 2, 2009 - Jul 20, 2009	-8.02% Oct 8, 2009 - Feb 1, 2010
#14	-6.58% May 21, 2013 - Jul 22, 2013	-6.14% Jan 30, 2015 - Nov 3, 2015
#15	-6.25% Sep 2, 2020 - Nov 9, 2020	-5.87% Mar 1, 2012 - May 3, 2012

Correlation

Correlation between AOA and NAD is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (2000 - 2026)

AOA vs NAD dividend yield comparison.

Year	AOA	NAD
2026	0.29%	2.36%
2025	2.18%	7.37%
2024	2.30%	6.63%
2023	2.22%	4.13%
2022	2.10%	5.58%
2021	1.67%	4.43%
2020	1.71%	4.41%
2019	2.50%	4.40%
2018	2.37%	5.37%
2017	5.09%	5.42%
2016	2.26%	6.05%
2015	2.15%	5.96%
2014	2.18%	6.20%
2013	1.84%	7.10%
2012	2.18%	5.43%
2011	2.21%	6.07%
2010	1.63%	7.07%
2009	2.04%	6.27%
2008	0.71%	7.76%
2007	0.00%	5.99%
2006	0.00%	5.41%
2005	0.00%	6.70%
2004	0.00%	6.90%
2003	0.00%	6.47%
2002	0.00%	6.35%
2001	0.00%	6.14%
2000	0.00%	2.50%