GDV vs NVG

Comparison between Gabelli Dividend & Income Trust (GDV, ETF) and Nuveen AMT-Free Municipal Credit Income Fund (NVG, ETF).

5-Year PerformanceGDV has outperformed NVG, delivering a return of +8.6% compared to -0.1%

GDV vs NVG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GDV(ETF)	NVG(ETF)
Net Assets	$2.70B	$2.70B
Max Drawdown	73.33%	47.81%
Sharpe Ratio	1.93	1.04
5Y Beta	0.77	0.22
5Y Dividends CAGR	5.44%	2.97%

Net Assets

GDV

$2.70B

NVG

$2.70B

Max Drawdown

GDV

73.33%

Winner

NVG

47.81%

Sharpe Ratio

Winner

GDV

1.93

NVG

1.04

5Y Beta

GDV

0.77

Winner

NVG

0.22

5Y Dividends CAGR

Winner

GDV

5.44%

NVG

2.97%

GDV vs NVG - Historical Returns

Returns include dividend reinvestment.

Period	GDV	NVG
1 month	+3.73%	+1.82%
3 months	+1.17%	-1.70%
6 months	+12.55%	+6.10%
1 year	+29.28%	+14.58%
5 years(CAGR)	+8.60%	-0.13%
10 years(CAGR)	+11.37%	+3.80%
Max(CAGR)	+8.55%	+5.34%

Winner

GDV

+3.73%

NVG

+1.82%

Winner

GDV

+1.17%

NVG

-1.70%

Winner

GDV

+12.55%

NVG

+6.10%

Winner

GDV

+29.28%

NVG

+14.58%

5Y(CAGR)

Winner

GDV

+8.60%

NVG

-0.13%

10Y(CAGR)

Winner

GDV

+11.37%

NVG

+3.80%

Max(CAGR)

Winner

GDV

+8.55%

NVG

+5.34%

GDV vs NVG - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	GDV	NVG
2026	+6.94%	+3.13%
2025	+22.91%	+9.98%
2024	+18.64%	+9.69%
2023	+11.63%	+0.11%
2022	-19.09%	-27.85%
2021	+35.21%	+13.29%
2020	+4.02%	+6.38%
2019	+26.19%	+23.79%
2018	-17.09%	-4.20%
2017	+23.45%	+12.94%
2016	+19.57%	+5.52%
2015	-8.54%	+8.10%
2014	+6.24%	+19.22%
2013	+40.03%	-15.57%
2012	+10.49%	+8.01%
2011	+5.74%	+17.91%
2010	+21.68%	+1.39%
2009	+31.91%	+30.55%
2008	-44.37%	-10.71%
2007	+6.34%	-6.77%
2006	+27.58%	+12.48%
2005	+4.16%	+6.29%
2004	-4.13%	-0.25%
2003	+0.00%	+8.76%
2002	N/A	+1.41%

GDV vs NVG Drawdown Comparison

The maximum drawdown for GDV was -68.82%, occurring on Mar 9, 2009. Recovery took 956 trading sessions.

The maximum drawdown for NVG was -41.66%, occurring on Oct 10, 2008. Recovery took 577 trading sessions.

The current GDV drawdown is -1.09%. The current NVG drawdown is -6.94%.

Rank	GDV	NVG
#1	-68.82% Jul 13, 2007 - Apr 28, 2011	-41.66% May 11, 2007 - Aug 25, 2009
#2	-53.05% Jan 17, 2020 - Dec 2, 2020	-40.57% Dec 31, 2021 - Oct 25, 2023
#3	-28.61% Sep 21, 2018 - Jan 16, 2020	-26.56% Mar 3, 2020 - Dec 3, 2020
#4	-28.33% Nov 16, 2021 - Jul 12, 2024	-23.03% Nov 30, 2012 - Jan 13, 2015
#5	-26.21% Jun 23, 2014 - Aug 12, 2016	-16.64% Mar 10, 2004 - Feb 3, 2005
#6	-22.59% Jul 7, 2011 - Mar 16, 2012	-15.58% Aug 27, 2010 - Sep 9, 2011
#7	-16.69% Dec 17, 2003 - Jun 16, 2005	-13.96% Aug 12, 2016 - Aug 1, 2017
#8	-16.07% Feb 19, 2025 - May 20, 2025	-11.44% Jun 17, 2003 - Jan 12, 2004
#9	-11.99% Jan 25, 2018 - Aug 9, 2018	-10.73% Jan 8, 2018 - Mar 4, 2019
#10	-11.85% May 1, 2012 - Aug 10, 2012	-8.56% Oct 7, 2002 - Mar 11, 2003
#11	-11.65% Oct 17, 2012 - Jan 4, 2013	-8.50% Feb 3, 2005 - May 31, 2005
#12	-9.76% Feb 17, 2026 - Apr 17, 2026	-7.72% Sep 1, 2021 - Dec 31, 2021
#13	-9.24% May 21, 2013 - Jul 17, 2013	-6.58% Feb 8, 2012 - May 11, 2012
#14	-9.08% Aug 23, 2016 - Nov 23, 2016	-6.50% Feb 2, 2015 - Dec 11, 2015
#15	-8.03% Dec 27, 2013 - Mar 4, 2014	-6.41% Apr 28, 2006 - Jul 31, 2006

Correlation

Correlation between GDV and NVG is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2002 - 2026)

GDV vs NVG dividend yield comparison.

Year	GDV	NVG
2026	2.06%	2.48%
2025	6.05%	7.49%
2024	5.47%	6.74%
2023	6.10%	4.45%
2022	6.84%	6.18%
2021	5.11%	4.69%
2020	6.15%	5.24%
2019	6.01%	4.94%
2018	7.21%	6.07%
2017	5.64%	5.67%
2016	6.59%	6.17%
2015	6.72%	5.46%
2014	6.23%	5.84%
2013	4.65%	5.71%
2012	5.93%	6.13%
2011	5.84%	5.99%
2010	4.95%	6.20%
2009	7.55%	5.24%
2008	12.62%	6.11%
2007	8.03%	5.44%
2006	5.96%	5.59%
2005	7.26%	6.18%
2004	6.69%	7.45%
2003	0.00%	6.59%
2002	0.00%	2.26%