CEFZ vs EWUS

Comparison between RIVERNORTH ACTIVE INCOME ETF (CEFZ, ETF) and ISHARES MSCI UNITED KINGDOM SMALL-CAP ETF (EWUS, ETF).

5-Year PerformanceCEFZ has outperformed EWUS, delivering a return of +15.3% compared to +1.8%

CEFZ vs EWUS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CEFZ(ETF)	EWUS(ETF)
Net Assets	$40M	$40M
Expense Ratio	3.36%	0.59%
Max Drawdown	93.56%	50.60%
Sharpe Ratio	1.10	0.42
5Y Beta	0.62	0.73
5Y Dividends CAGR	N/A	14.00%

Net Assets

CEFZ

$40M

EWUS

$40M

Expense Ratio

CEFZ

3.36%

Winner

EWUS

0.59%

Max Drawdown

CEFZ

93.56%

Winner

EWUS

50.60%

Sharpe Ratio

Winner

CEFZ

1.10

EWUS

0.42

5Y Beta

Winner

CEFZ

0.62

EWUS

0.73

5Y Dividends CAGR

CEFZ

N/A

EWUS

14.00%

CEFZ vs EWUS - Historical Returns

Returns include dividend reinvestment.

Period	CEFZ	EWUS
1 month	+0.40%	+3.49%
3 months	+1.27%	+2.40%
6 months	+2.88%	+0.92%
1 year	+13.06%	+9.31%
5 years(CAGR)	+15.28%	+1.84%
10 years(CAGR)	N/A	+5.35%
Max(CAGR)	-5.38%	+6.59%

CEFZ

+0.40%

Winner

EWUS

+3.49%

CEFZ

+1.27%

Winner

EWUS

+2.40%

Winner

CEFZ

+2.88%

EWUS

+0.92%

Winner

CEFZ

+13.06%

EWUS

+9.31%

5Y(CAGR)

Winner

CEFZ

+15.28%

EWUS

+1.84%

10Y(CAGR)

CEFZ

N/A

EWUS

+5.35%

Max(CAGR)

CEFZ

-5.38%

Winner

EWUS

+6.59%

CEFZ vs EWUS - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	CEFZ	EWUS
2026	+4.80%	+4.81%
2025	+7.67%	+26.80%
2024	N/A	+6.15%
2023	N/A	+14.88%
2022	N/A	-31.68%
2021	N/A	+13.23%
2020	-73.60%	-2.91%
2019	+5.16%	+34.92%
2018	N/A	-20.72%
2017	N/A	+31.70%
2016	N/A	-10.38%
2015	N/A	+9.88%
2014	N/A	-6.96%
2013	N/A	+37.04%
2012	N/A	+20.65%

CEFZ vs EWUS Drawdown Comparison

The maximum drawdown for CEFZ was -93.40%, occurring on Mar 18, 2020. This drawdown has not yet recovered.

The maximum drawdown for EWUS was -49.33%, occurring on Mar 23, 2020. Recovery took 287 trading sessions.

The current CEFZ drawdown is -37.72%. The current EWUS drawdown is -2.62%.

Rank	CEFZ	EWUS
#1	-93.40% Feb 19, 2020 - Mar 18, 2020	-49.33% Dec 16, 2019 - Feb 5, 2021
#2	-3.84% Jan 22, 2020 - Feb 19, 2020	-48.09% Sep 3, 2021 - Jan 22, 2026
#3	-1.49% Nov 4, 2019 - Nov 29, 2019	-27.10% Jun 23, 2015 - Sep 19, 2017
#4	-1.11% Dec 26, 2019 - Jan 2, 2020	-26.50% Jun 11, 2018 - Dec 13, 2019
#5	-0.64% Nov 29, 2019 - Dec 9, 2019	-21.30% Feb 28, 2014 - May 14, 2015
#6	-0.56% Jan 17, 2020 - Jan 22, 2020	-15.21% Jan 29, 2026 - Mar 30, 2026
#7	-0.34% Oct 25, 2019 - Nov 1, 2019	-15.07% May 2, 2012 - Sep 19, 2012
#8	-0.17% Jan 2, 2020 - Jan 7, 2020	-9.77% Jan 24, 2018 - Jun 6, 2018
#9	-0.10% Dec 12, 2019 - Dec 16, 2019	-9.47% Jun 8, 2021 - Aug 11, 2021
#10	-0.07% Dec 20, 2019 - Dec 24, 2019	-8.68% May 21, 2013 - Jul 11, 2013
#11	N/A	-6.91% Jan 22, 2014 - Feb 14, 2014
#12	N/A	-6.36% Sep 18, 2013 - Oct 17, 2013
#13	N/A	-5.88% Aug 8, 2013 - Sep 9, 2013
#14	N/A	-5.41% Mar 1, 2012 - Mar 16, 2012
#15	N/A	-5.19% Apr 2, 2012 - May 2, 2012

Correlation

Correlation between CEFZ and EWUS is -0.04 which considered as a very weak or no correlation - the stocks move independently of each other.

-0.04

-101

Dividend Comparison (2012 - 2026)

CEFZ vs EWUS dividend yield comparison.

Year	CEFZ	EWUS
2026	5.01%	1.24%
2025	4.17%	3.59%
2024	0.00%	3.67%
2023	0.00%	2.88%
2022	0.00%	2.03%
2021	0.00%	3.54%
2020	15.17%	1.97%
2019	3.11%	2.59%
2018	0.00%	3.53%
2017	0.00%	2.61%
2016	0.00%	3.18%
2015	0.00%	2.85%
2014	0.00%	3.33%
2013	0.00%	1.60%
2012	0.00%	3.02%