CAOS vs NKX
Comparison between ALPHA ARCHITECT TAIL RISK ETF (CAOS, ETF) and Nuveen California AMT-Free Quality Municipal Income Fund (NKX, ETF).
CAOS vs NKX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
CAOS
$650M
Winner
NKX
$654M
Expense Ratio
CAOS
0.63%
NKX
N/A
Max Drawdown
Winner
CAOS
3.60%
NKX
48.99%
Sharpe Ratio
CAOS
-1.09
Winner
NKX
1.29
5Y Beta
Winner
CAOS
-0.14
NKX
0.12
5Y Dividends CAGR
CAOS
N/A
NKX
8.60%
CAOS vs NKX - Historical Returns
Returns include dividend reinvestment.
1M
CAOS
+0.07%
Winner
NKX
+1.75%
3M
CAOS
-0.10%
Winner
NKX
+0.09%
6M
CAOS
+0.76%
Winner
NKX
+2.21%
1Y
CAOS
+1.94%
Winner
NKX
+16.33%
5Y(CAGR)
CAOS
N/A
NKX
+0.76%
10Y(CAGR)
CAOS
N/A
NKX
+2.53%
Max(CAGR)
Winner
CAOS
+5.14%
NKX
+4.94%
CAOS vs NKX - Annual Returns (2003 - 2026)
Returns include dividend reinvestment.
| Year | CAOS | NKX |
|---|---|---|
| 2026 | +0.94% | +3.70% |
| 2025 | +2.72% | +4.64% |
| 2024 | +5.67% | +16.57% |
| 2023 | +7.97% | -3.34% |
| 2022 | N/A | -18.48% |
| 2021 | N/A | +4.57% |
| 2020 | N/A | +7.61% |
| 2019 | N/A | +23.74% |
| 2018 | N/A | -13.29% |
| 2017 | N/A | +12.78% |
| 2016 | N/A | -1.75% |
| 2015 | N/A | +11.55% |
| 2014 | N/A | +28.02% |
| 2013 | N/A | -13.32% |
| 2012 | N/A | +6.03% |
| 2011 | N/A | +28.66% |
| 2010 | N/A | +2.31% |
| 2009 | N/A | +26.36% |
| 2008 | N/A | -24.06% |
| 2007 | N/A | +0.18% |
| 2006 | N/A | +14.75% |
| 2005 | N/A | +0.57% |
| 2004 | N/A | +9.14% |
| 2003 | N/A | +0.81% |
CAOS vs NKX Drawdown Comparison
The maximum drawdown for CAOS was -3.60%, occurring on May 9, 2025. This drawdown has not yet recovered.
The maximum drawdown for NKX was -43.86%, occurring on Oct 10, 2008. Recovery took 422 trading sessions.
The current CAOS drawdown is -0.99%. The current NKX drawdown is -2.23%.
| Rank | CAOS | NKX |
|---|---|---|
| #1 | -3.60% Apr 8, 2025 - May 9, 2025 | -43.86% Jan 14, 2008 - Sep 16, 2009 |
| #2 | -3.41% Mar 6, 2023 - Mar 31, 2023 | -35.62% Nov 12, 2021 - Feb 11, 2026 |
| #3 | -2.07% Aug 5, 2024 - Nov 13, 2024 | -27.52% Feb 7, 2020 - Aug 10, 2020 |
| #4 | -1.62% May 1, 2023 - May 17, 2023 | -23.95% Nov 30, 2012 - Dec 10, 2014 |
| #5 | -1.52% Oct 17, 2023 - Nov 2, 2023 | -19.95% Sep 8, 2016 - Jul 19, 2019 |
| #6 | -1.31% Apr 18, 2023 - Apr 28, 2023 | -19.40% Aug 16, 2010 - Oct 27, 2011 |
| #7 | -1.22% Sep 15, 2023 - Oct 11, 2023 | -15.06% Jun 13, 2003 - Sep 20, 2004 |
| #8 | -1.21% Apr 11, 2024 - May 22, 2024 | -12.43% Apr 23, 2007 - Jan 14, 2008 |
| #9 | -0.89% May 22, 2023 - May 26, 2023 | -9.74% Feb 11, 2026 - Mar 30, 2026 |
| #10 | -0.83% Aug 14, 2023 - Sep 11, 2023 | -9.66% Oct 8, 2009 - Jun 18, 2010 |
| #11 | -0.70% Dec 27, 2023 - Jan 18, 2024 | -9.63% Jun 2, 2006 - Oct 4, 2006 |
| #12 | -0.50% Dec 19, 2024 - Jan 31, 2025 | -8.70% May 31, 2005 - Jan 23, 2006 |
| #13 | -0.42% Apr 3, 2023 - Apr 13, 2023 | -7.75% Feb 15, 2012 - May 1, 2012 |
| #14 | -0.38% Nov 13, 2024 - Dec 18, 2024 | -7.27% Jan 30, 2015 - Oct 8, 2015 |
| #15 | -0.35% May 24, 2024 - Jun 5, 2024 | -6.76% Mar 14, 2005 - May 31, 2005 |
Correlation
Correlation between CAOS and NKX is 0.89 which considered as a strong positive correlation - the stocks tend to move together.
0.89
-101
Select Stocks to Compare
Popular: CAOS vs SPYNKX vs SPY
More Comparisons
Compare with similar stocks