BKAG vs NMZ

Comparison between BNY MELLON CORE BOND ETF (BKAG, ETF) and Nuveen Municipal High Income Opportunity Fund (NMZ, ETF).

5-Year PerformanceBKAG has outperformed NMZ, delivering a return of -0.3% compared to -1.7%

BKAG vs NMZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BKAG(ETF)	NMZ(ETF)
Net Assets	$2.10B	$2.20B
Max Drawdown	23.43%	63.45%
Sharpe Ratio	-0.37	0.68
5Y Beta	0.05	0.23
5Y Dividends CAGR	15.52%	2.41%

Net Assets

BKAG

$2.10B

Winner

NMZ

$2.20B

Max Drawdown

Winner

BKAG

23.43%

NMZ

63.45%

Sharpe Ratio

BKAG

-0.37

Winner

NMZ

0.68

5Y Beta

Winner

BKAG

0.05

NMZ

0.23

5Y Dividends CAGR

Winner

BKAG

15.52%

NMZ

2.41%

BKAG vs NMZ - Historical Returns

Returns include dividend reinvestment.

Period	BKAG	NMZ
1 month	-0.25%	-1.48%
3 months	-0.32%	+2.52%
6 months	-0.51%	+1.39%
1 year	+2.43%	+10.50%
5 years(CAGR)	-0.25%	-1.74%
10 years(CAGR)	N/A	+2.13%
Max(CAGR)	+0.01%	+4.98%

Winner

BKAG

-0.25%

NMZ

-1.48%

BKAG

-0.32%

Winner

NMZ

+2.52%

BKAG

-0.51%

Winner

NMZ

+1.39%

BKAG

+2.43%

Winner

NMZ

+10.50%

5Y(CAGR)

Winner

BKAG

-0.25%

NMZ

-1.74%

10Y(CAGR)

BKAG

N/A

NMZ

+2.13%

Max(CAGR)

BKAG

+0.01%

Winner

NMZ

+4.98%

BKAG vs NMZ - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	BKAG	NMZ
2026	-0.07%	+5.43%
2025	+7.12%	+0.23%
2024	+1.52%	+15.82%
2023	+4.86%	-1.16%
2022	-12.72%	-27.24%
2021	-1.44%	+12.04%
2020	+2.15%	+7.47%
2019	N/A	+25.87%
2018	N/A	-9.94%
2017	N/A	+12.41%
2016	N/A	-1.39%
2015	N/A	+9.91%
2014	N/A	+19.39%
2013	N/A	-9.82%
2012	N/A	+23.60%
2011	N/A	+15.64%
2010	N/A	-0.99%
2009	N/A	+49.88%
2008	N/A	-35.08%
2007	N/A	-8.16%
2006	N/A	+16.86%
2005	N/A	+14.20%
2004	N/A	+9.13%
2003	N/A	+0.00%

BKAG vs NMZ Drawdown Comparison

The maximum drawdown for BKAG was -18.53%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

The maximum drawdown for NMZ was -58.44%, occurring on Dec 16, 2008. Recovery took 1179 trading sessions.

The current BKAG drawdown is -2.57%. The current NMZ drawdown is -10.39%.

Rank	BKAG	NMZ
#1	-18.53% Aug 4, 2020 - Oct 20, 2022	-58.44% May 11, 2007 - Jan 13, 2012
#2	-0.67% Apr 30, 2020 - May 20, 2020	-40.01% Jul 13, 2021 - Oct 27, 2023
#3	-0.41% Jun 2, 2020 - Jun 10, 2020	-32.56% Feb 20, 2020 - Dec 30, 2020
#4	-0.20% Jun 19, 2020 - Jun 26, 2020	-22.40% Jan 24, 2013 - May 13, 2014
#5	-0.17% Jul 23, 2020 - Jul 30, 2020	-15.03% Jul 8, 2016 - Mar 8, 2019
#6	-0.14% Apr 24, 2020 - Apr 28, 2020	-12.78% Mar 17, 2004 - Oct 14, 2004
#7	-0.06% Jun 12, 2020 - Jun 18, 2020	-6.78% Feb 2, 2015 - Sep 22, 2015
#8	-0.06% Jul 9, 2020 - Jul 15, 2020	-5.68% Feb 2, 2012 - Mar 28, 2012
#9	-0.05% May 22, 2020 - May 29, 2020	-5.52% Feb 11, 2021 - Apr 13, 2021
#10	N/A	-5.15% Jun 2, 2006 - Aug 8, 2006
#11	N/A	-5.05% Aug 12, 2019 - Nov 11, 2019
#12	N/A	-4.75% Nov 1, 2012 - Dec 5, 2012
#13	N/A	-4.52% May 28, 2014 - Oct 20, 2014
#14	N/A	-4.47% Dec 13, 2012 - Jan 4, 2013
#15	N/A	-4.05% Jul 31, 2012 - Sep 18, 2012

Correlation

Correlation between BKAG and NMZ is 0.78 which considered as a strong positive correlation - the stocks tend to move together.

0.78

-101

Dividend Comparison (2004 - 2026)

BKAG vs NMZ dividend yield comparison.

Year	BKAG	NMZ
2026	2.49%	4.46%
2025	4.17%	7.71%
2024	4.26%	6.35%
2023	3.33%	5.44%
2022	2.49%	7.04%
2021	1.55%	5.10%
2020	1.16%	5.09%
2019	0.00%	4.99%
2018	0.00%	6.15%
2017	0.00%	5.94%
2016	0.00%	6.94%
2015	0.00%	6.67%
2014	0.00%	6.88%
2013	0.00%	6.73%
2012	0.00%	5.72%
2011	0.00%	7.98%
2010	0.00%	8.75%
2009	0.00%	7.32%
2008	0.00%	11.33%
2007	0.00%	7.15%
2006	0.00%	5.82%
2005	0.00%	6.63%
2004	0.00%	7.44%