FHLC vs NAD

Comparison between FIDELITY MSCI HEALTH CARE INDEX ETF (FHLC, ETF) and Nuveen Quality Municipal Income Fund (NAD, ETF).

5-Year PerformanceFHLC has outperformed NAD, delivering a return of +3.8% compared to +0.6%

FHLC vs NAD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FHLC(ETF)	NAD(ETF)
Net Assets	$2.80B	$2.80B
Expense Ratio	0.08%	N/A
Max Drawdown	29.21%	51.92%
Sharpe Ratio	0.51	0.86
5Y Beta	0.53	0.22
P/E Ratio	36.02	N/A
Forward P/E	17.60	N/A
5Y Dividends CAGR	4.05%	6.06%
5Y EPS CAGR	13.20%	N/A
Debt to Equity	-92.95%	N/A
P/S Ratio	1.45	N/A
P/B Ratio	4.33	N/A

Net Assets

FHLC

$2.80B

NAD

$2.80B

Expense Ratio

FHLC

0.08%

NAD

N/A

Max Drawdown

Winner

FHLC

29.21%

NAD

51.92%

Sharpe Ratio

FHLC

0.51

Winner

NAD

0.86

5Y Beta

FHLC

0.53

Winner

NAD

0.22

P/E Ratio

FHLC

36.02

NAD

N/A

Forward P/E

FHLC

17.60

NAD

N/A

5Y Dividends CAGR

FHLC

4.05%

Winner

NAD

6.06%

5Y EPS CAGR

FHLC

13.20%

NAD

N/A

Debt to Equity

FHLC

-92.95%

NAD

N/A

P/S Ratio

FHLC

1.45

NAD

N/A

P/B Ratio

FHLC

4.33

NAD

N/A

FHLC vs NAD - Historical Returns

Returns include dividend reinvestment.

Period	FHLC	NAD
1 month	-3.30%	+1.45%
3 months	-6.57%	-0.23%
6 months	-0.43%	+4.80%
1 year	+11.49%	+12.84%
5 years(CAGR)	+3.79%	+0.58%
10 years(CAGR)	+9.29%	+2.72%
Max(CAGR)	+9.99%	+5.41%

FHLC

-3.30%

Winner

NAD

+1.45%

FHLC

-6.57%

Winner

NAD

-0.23%

FHLC

-0.43%

Winner

NAD

+4.80%

FHLC

+11.49%

Winner

NAD

+12.84%

5Y(CAGR)

Winner

FHLC

+3.79%

NAD

+0.58%

10Y(CAGR)

Winner

FHLC

+9.29%

NAD

+2.72%

Max(CAGR)

Winner

FHLC

+9.99%

NAD

+5.41%

FHLC vs NAD - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FHLC	NAD
2026	-6.51%	+1.69%
2025	+15.26%	+9.76%
2024	+0.95%	+8.94%
2023	+2.95%	-0.28%
2022	-4.85%	-22.45%
2021	+21.15%	+10.21%
2020	+18.06%	+10.73%
2019	+23.48%	+20.11%
2018	+3.45%	-5.76%
2017	+21.82%	+5.98%
2016	-1.38%	+2.05%
2015	+6.81%	+7.80%
2014	+25.83%	+19.78%
2013	+5.79%	-15.11%
2012	N/A	+12.07%
2011	N/A	+21.18%
2010	N/A	+1.99%
2009	N/A	+38.25%
2008	N/A	-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%

FHLC vs NAD Drawdown Comparison

The maximum drawdown for FHLC was -28.74%, occurring on Mar 23, 2020. Recovery took 70 trading sessions.

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

The current FHLC drawdown is -9.14%. The current NAD drawdown is -4.31%.

Rank	FHLC	NAD
#1	-28.74% Feb 19, 2020 - May 29, 2020	-44.61% Jan 22, 2007 - Sep 8, 2009
#2	-20.41% Jul 20, 2015 - Jun 1, 2017	-35.57% Sep 15, 2021 - Oct 25, 2023
#3	-17.73% Dec 30, 2021 - Feb 5, 2024	-25.39% Mar 6, 2020 - Nov 16, 2020
#4	-17.02% Oct 1, 2018 - Nov 15, 2019	-21.47% Nov 30, 2012 - Dec 4, 2014
#5	-16.87% Sep 16, 2024 - Nov 12, 2025	-18.90% Sep 1, 2010 - Nov 22, 2011
#6	-12.08% Jan 26, 2018 - Aug 2, 2018	-17.47% Mar 9, 2004 - Jun 7, 2005
#7	-10.38% Jan 7, 2026 - Mar 27, 2026	-15.78% Nov 2, 1999 - Dec 8, 2000
#8	-8.26% Mar 4, 2014 - Jun 20, 2014	-15.38% Aug 12, 2016 - May 13, 2019
#9	-7.98% Sep 2, 2021 - Dec 23, 2021	-10.12% Jun 17, 2003 - Jan 7, 2004
#10	-7.87% Feb 12, 2021 - Apr 15, 2021	-9.48% Nov 6, 2001 - Jun 7, 2002
#11	-7.17% Sep 24, 2014 - Oct 24, 2014	-9.39% Oct 4, 2002 - May 1, 2003
#12	-6.65% Mar 28, 2024 - Jul 11, 2024	-8.80% Sep 9, 2005 - Aug 17, 2006
#13	-6.62% Jun 8, 2020 - Jul 14, 2020	-8.02% Oct 8, 2009 - Feb 1, 2010
#14	-6.58% Oct 12, 2020 - Nov 4, 2020	-6.14% Jan 30, 2015 - Nov 3, 2015
#15	-6.29% Sep 2, 2020 - Oct 8, 2020	-5.87% Mar 1, 2012 - May 3, 2012

Correlation

Correlation between FHLC and NAD is 0.82 which considered as a strong positive correlation - the stocks tend to move together.

0.82

-101

Dividend Comparison (2000 - 2026)

FHLC vs NAD dividend yield comparison.

Year	FHLC	NAD
2026	0.33%	2.36%
2025	1.40%	7.37%
2024	1.51%	6.63%
2023	1.40%	4.13%
2022	1.30%	5.58%
2021	1.16%	4.43%
2020	1.45%	4.41%
2019	1.18%	4.40%
2018	1.38%	5.37%
2017	1.38%	5.42%
2016	1.40%	6.05%
2015	2.07%	5.96%
2014	1.03%	6.20%
2013	0.20%	7.10%
2012	0.00%	5.43%
2011	0.00%	6.07%
2010	0.00%	7.07%
2009	0.00%	6.27%
2008	0.00%	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%