HIO vs NAN

Comparison between Western Asset High Income Opportunity Fund Inc (HIO, ETF) and Nuveen New York Quality Municipal Income Fund (NAN, ETF).

5-Year PerformanceHIO has outperformed NAN, delivering a return of +1.9% compared to -0.8%

HIO vs NAN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HIO(ETF)	NAN(ETF)
Net Assets	$365M	$366M
Max Drawdown	68.83%	52.20%
Sharpe Ratio	-0.31	0.67
5Y Beta	0.36	0.16
5Y Dividends CAGR	2.58%	8.17%

Net Assets

HIO

$365M

Winner

NAN

$366M

Max Drawdown

HIO

68.83%

Winner

NAN

52.20%

Sharpe Ratio

HIO

-0.31

Winner

NAN

0.67

5Y Beta

HIO

0.36

Winner

NAN

0.16

5Y Dividends CAGR

HIO

2.58%

Winner

NAN

8.17%

HIO vs NAN - Historical Returns

Returns include dividend reinvestment.

Period	HIO	NAN
1 month	-0.13%	-1.91%
3 months	-1.21%	-0.93%
6 months	-1.80%	-1.49%
1 year	-0.13%	+8.09%
5 years(CAGR)	+1.90%	-0.84%
10 years(CAGR)	+5.12%	+1.82%
Max(CAGR)	+5.97%	+4.84%

Winner

HIO

-0.13%

NAN

-1.91%

HIO

-1.21%

Winner

NAN

-0.93%

HIO

-1.80%

Winner

NAN

-1.49%

HIO

-0.13%

Winner

NAN

+8.09%

5Y(CAGR)

Winner

HIO

+1.90%

NAN

-0.84%

10Y(CAGR)

Winner

HIO

+5.12%

NAN

+1.82%

Max(CAGR)

Winner

HIO

+5.97%

NAN

+4.84%

HIO vs NAN - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HIO	NAN
2026	+1.97%	+1.87%
2025	+4.24%	+5.91%
2024	+11.22%	+10.20%
2023	+9.15%	+7.05%
2022	-16.61%	-23.18%
2021	+13.00%	+8.93%
2020	+6.07%	+3.55%
2019	+22.81%	+19.54%
2018	-8.66%	-7.08%
2017	+7.03%	+8.29%
2016	+17.18%	+0.31%
2015	-5.50%	+11.41%
2014	-3.52%	+12.81%
2013	-2.90%	-13.50%
2012	+12.31%	+12.99%
2011	+9.77%	+16.03%
2010	+11.29%	+5.40%
2009	+61.70%	+36.13%
2008	-26.06%	-25.46%
2007	-2.65%	-9.86%
2006	+22.13%	+0.39%
2005	-1.20%	+14.67%
2004	+2.18%	+3.72%
2003	+24.35%	+15.05%
2002	-7.05%	+10.82%
2001	-1.23%	+6.42%
2000	+11.80%	+8.59%
1999	-3.82%	-9.22%

HIO vs NAN Drawdown Comparison

The maximum drawdown for HIO was -49.61%, occurring on Nov 20, 2008. Recovery took 554 trading sessions.

The maximum drawdown for NAN was -44.95%, occurring on Oct 10, 2008. Recovery took 767 trading sessions.

The current HIO drawdown is -3.34%. The current NAN drawdown is -5.78%.

Rank	HIO	NAN
#1	-49.61% Jun 1, 2007 - Aug 12, 2009	-44.95% Feb 7, 2007 - Feb 24, 2010
#2	-40.57% Feb 20, 2020 - Aug 24, 2020	-34.64% Aug 18, 2021 - Jun 22, 2026
#3	-32.15% Feb 15, 2001 - Jun 12, 2003	-24.81% Mar 5, 2020 - Dec 8, 2020
#4	-26.19% Sep 9, 2021 - Sep 16, 2024	-21.32% Dec 5, 2012 - Nov 20, 2015
#5	-20.75% Jun 18, 2014 - Aug 18, 2016	-17.70% Mar 1, 2004 - Jan 14, 2005
#6	-16.72% Jan 20, 2004 - Nov 4, 2004	-15.65% Jul 27, 2016 - Jun 14, 2019
#7	-15.95% Jul 31, 2000 - Jan 10, 2001	-14.48% Nov 2, 1999 - Dec 29, 2000
#8	-15.05% May 12, 2011 - Jan 13, 2012	-13.00% Nov 9, 2010 - Nov 7, 2011
#9	-13.29% Mar 7, 2025 - Jul 1, 2025	-9.86% Jun 30, 2003 - Dec 29, 2003
#10	-13.25% Jan 2, 2018 - Jan 31, 2019	-8.45% Oct 1, 2002 - Apr 28, 2003
#11	-12.80% May 22, 2013 - May 8, 2014	-8.11% Mar 1, 2006 - Jan 19, 2007
#12	-11.36% Sep 24, 2012 - Jan 10, 2013	-7.75% Sep 20, 2005 - Dec 23, 2005
#13	-11.31% Apr 26, 2010 - Aug 9, 2010	-7.00% Feb 27, 2002 - Jun 5, 2002
#14	-10.95% Jun 13, 2003 - Dec 31, 2003	-6.48% Nov 16, 2001 - Feb 22, 2002
#15	-10.61% Nov 5, 1999 - May 31, 2000	-6.03% Jan 25, 2005 - Apr 27, 2005

Correlation

Correlation between HIO and NAN is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (1999 - 2026)

HIO vs NAN dividend yield comparison.

Year	HIO	NAN
2026	8.16%	5.15%
2025	11.48%	7.67%
2024	10.84%	6.45%
2023	9.90%	4.12%
2022	9.11%	5.27%
2021	7.02%	4.15%
2020	7.86%	4.30%
2019	6.91%	4.06%
2018	7.31%	4.79%
2017	7.04%	5.13%
2016	8.44%	5.74%
2015	9.08%	5.54%
2014	8.06%	5.59%
2013	8.55%	5.96%
2012	7.81%	4.92%
2011	8.47%	5.10%
2010	9.70%	6.36%
2009	10.33%	5.62%
2008	14.47%	8.34%
2007	9.08%	6.03%
2006	9.04%	6.00%
2005	9.44%	6.99%
2004	8.93%	6.37%
2003	9.94%	6.05%
2002	12.25%	5.86%
2001	14.16%	5.69%
2000	11.14%	2.41%
1999	1.88%	0.00%