CEE vs VFL

Comparison between Central and Eastern Europe Fund Inc (The) (CEE, ETF) and abrdn National Municipal Income Fund (VFL, ETF).

5-Year PerformanceVFL has outperformed CEE, delivering a return of -1.1% compared to -2.3%

CEE vs VFL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CEE(ETF)	VFL(ETF)
Net Assets	$139M	$139M
Max Drawdown	91.00%	55.62%
Sharpe Ratio	1.37	0.91
5Y Beta	0.90	0.12
5Y Dividends CAGR	-4.23%	1.23%

Net Assets

Winner

CEE

$139M

VFL

$139M

Max Drawdown

CEE

91.00%

Winner

VFL

55.62%

Sharpe Ratio

Winner

CEE

1.37

VFL

0.91

5Y Beta

CEE

0.90

Winner

VFL

0.12

5Y Dividends CAGR

CEE

-4.23%

Winner

VFL

1.23%

CEE vs VFL - Historical Returns

Returns include dividend reinvestment.

Period	CEE	VFL
1 month	+4.10%	+0.60%
3 months	+19.97%	+3.32%
6 months	+25.27%	+3.60%
1 year	+43.55%	+11.73%
5 years(CAGR)	-2.26%	-1.15%
10 years(CAGR)	+5.10%	+1.35%
Max(CAGR)	+6.02%	+4.74%

Winner

CEE

+4.10%

VFL

+0.60%

Winner

CEE

+19.97%

VFL

+3.32%

Winner

CEE

+25.27%

VFL

+3.60%

Winner

CEE

+43.55%

VFL

+11.73%

5Y(CAGR)

CEE

-2.26%

Winner

VFL

-1.15%

10Y(CAGR)

Winner

CEE

+5.10%

VFL

+1.35%

Max(CAGR)

Winner

CEE

+6.02%

VFL

+4.74%

CEE vs VFL - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CEE	VFL
2026	+19.70%	+2.55%
2025	+61.15%	+5.97%
2024	+14.92%	+3.50%
2023	+20.40%	+2.56%
2022	-68.12%	-23.16%
2021	+11.91%	+12.13%
2020	-11.76%	+3.56%
2019	+33.73%	+15.05%
2018	-6.51%	-6.32%
2017	+20.29%	+5.40%
2016	+27.74%	+5.52%
2015	-13.67%	+6.09%
2014	-30.67%	+18.44%
2013	-4.74%	-13.74%
2012	+19.52%	+14.02%
2011	-26.78%	+11.07%
2010	+22.15%	+2.14%
2009	+91.61%	+34.94%
2008	-71.38%	-20.25%
2007	+29.77%	-11.93%
2006	+36.53%	-5.69%
2005	+61.41%	+2.50%
2004	+22.01%	+13.26%
2003	+58.16%	+13.11%
2002	+25.43%	+12.72%
2001	-8.68%	+12.08%
2000	-13.44%	+16.39%
1999	+16.08%	-2.03%

CEE vs VFL Drawdown Comparison

The maximum drawdown for CEE was -82.91%, occurring on Oct 14, 2022. This drawdown has not yet recovered.

The maximum drawdown for VFL was -45.26%, occurring on Dec 4, 2008. Recovery took 1399 trading sessions.

The current CEE drawdown is -32.03%. The current VFL drawdown is -9.22%.

Rank	CEE	VFL
#1	-82.91% May 16, 2008 - Oct 14, 2022	-45.26% Mar 7, 2006 - Sep 23, 2011
#2	-49.52% Mar 16, 2000 - Jul 14, 2003	-39.04% Dec 22, 2021 - Oct 25, 2023
#3	-40.20% May 9, 2006 - Apr 16, 2007	-29.96% Mar 4, 2020 - Jan 21, 2021
#4	-26.80% Jan 8, 2004 - Nov 4, 2004	-22.70% Dec 6, 2012 - Jan 15, 2015
#5	-25.87% Oct 4, 2005 - Feb 21, 2006	-16.39% Feb 4, 2004 - Oct 25, 2004
#6	-24.72% Mar 9, 2005 - Aug 26, 2005	-14.76% Jul 9, 2003 - Dec 17, 2003
#7	-23.03% Dec 24, 2007 - May 16, 2008	-14.66% Jan 5, 2005 - Jun 7, 2005
#8	-16.61% Jul 23, 2007 - Oct 1, 2007	-13.51% Jul 8, 2016 - May 10, 2019
#9	-15.35% Oct 21, 2003 - Jan 5, 2004	-13.37% Sep 2, 2005 - Mar 7, 2006
#10	-13.82% Feb 27, 2006 - May 1, 2006	-8.91% Sep 9, 2002 - Apr 30, 2003
#11	-13.68% Nov 17, 2004 - Dec 31, 2004	-8.00% Aug 20, 2019 - Feb 18, 2020
#12	-9.91% Apr 16, 2007 - Jul 6, 2007	-6.54% Nov 2, 1999 - Jun 21, 2000
#13	-9.73% Nov 6, 2007 - Dec 5, 2007	-6.07% Sep 28, 2011 - Jan 12, 2012
#14	-8.94% Dec 13, 2007 - Dec 21, 2007	-5.48% Feb 2, 2015 - Oct 28, 2015
#15	-8.18% Jan 19, 2000 - Feb 22, 2000	-5.45% Jun 7, 2005 - Aug 22, 2005

Correlation

Correlation between CEE and VFL is 0.33 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.33

-101

Dividend Comparison (1999 - 2026)

CEE vs VFL dividend yield comparison.

Year	CEE	VFL
2026	0.00%	2.44%
2025	2.19%	5.84%
2024	3.23%	5.31%
2023	3.74%	4.43%
2022	2.89%	5.21%
2021	3.61%	4.42%
2020	3.82%	4.32%
2019	5.17%	5.14%
2018	4.58%	5.04%
2017	2.30%	4.60%
2016	1.56%	5.32%
2015	2.92%	5.97%
2014	4.93%	5.77%
2013	8.15%	5.95%
2012	3.21%	4.13%
2011	8.71%	4.18%
2010	0.63%	4.30%
2009	1.97%	4.15%
2008	0.43%	6.28%
2007	17.68%	5.92%
2006	10.25%	6.45%
2005	7.19%	7.56%
2004	0.61%	6.49%
2003	0.96%	6.35%
2002	0.00%	5.95%
2001	1.98%	5.00%
2000	0.00%	5.71%
1999	0.00%	1.05%