IQSM vs NCZ

Comparison between NYLI CANDRIAM U.S. MID CAP EQUITY ETF (IQSM, ETF) and Virtus Convertible & Income Fund II (NCZ, ETF).

IQSM vs NCZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IQSM(ETF)	NCZ(ETF)
Net Assets	$337M	$336M
Expense Ratio	0.15%	N/A
Max Drawdown	24.17%	85.64%
Sharpe Ratio	1.07	1.44
5Y Beta	0.95	0.80
P/E Ratio	33.08	N/A
Forward P/E	16.93	N/A
5Y Dividends CAGR	N/A	-4.36%
5Y EPS CAGR	9.65%	N/A
Debt to Equity	39.55%	N/A
P/S Ratio	1.73	N/A
P/B Ratio	2.97	N/A

Net Assets

Winner

IQSM

$337M

NCZ

$336M

Expense Ratio

IQSM

0.15%

NCZ

N/A

Max Drawdown

Winner

IQSM

24.17%

NCZ

85.64%

Sharpe Ratio

IQSM

1.07

Winner

NCZ

1.44

5Y Beta

IQSM

0.95

Winner

NCZ

0.80

P/E Ratio

IQSM

33.08

NCZ

N/A

Forward P/E

IQSM

16.93

NCZ

N/A

5Y Dividends CAGR

IQSM

N/A

NCZ

-4.36%

5Y EPS CAGR

IQSM

9.65%

NCZ

N/A

Debt to Equity

IQSM

39.55%

NCZ

N/A

P/S Ratio

IQSM

1.73

NCZ

N/A

P/B Ratio

IQSM

2.97

NCZ

N/A

IQSM vs NCZ - Historical Returns

Returns include dividend reinvestment.

Period	IQSM	NCZ
1 month	+0.97%	-1.81%
3 months	+4.98%	+6.87%
6 months	+7.59%	+14.00%
1 year	+21.30%	+29.31%
5 years(CAGR)	N/A	+5.63%
10 years(CAGR)	N/A	+8.23%
Max(CAGR)	+13.17%	+6.10%

Winner

IQSM

+0.97%

NCZ

-1.81%

IQSM

+4.98%

Winner

NCZ

+6.87%

IQSM

+7.59%

Winner

NCZ

+14.00%

IQSM

+21.30%

Winner

NCZ

+29.31%

5Y(CAGR)

IQSM

N/A

NCZ

+5.63%

10Y(CAGR)

IQSM

N/A

NCZ

+8.23%

Max(CAGR)

Winner

IQSM

+13.17%

NCZ

+6.10%

IQSM vs NCZ - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	IQSM	NCZ
2026	+12.55%	+17.77%
2025	+8.28%	+23.56%
2024	+9.92%	+19.58%
2023	+16.04%	+16.86%
2022	+2.29%	-35.66%
2021	N/A	+10.11%
2020	N/A	+11.35%
2019	N/A	+22.29%
2018	N/A	-18.47%
2017	N/A	+23.36%
2016	N/A	+29.64%
2015	N/A	-34.67%
2014	N/A	+10.11%
2013	N/A	+24.09%
2012	N/A	+9.02%
2011	N/A	-6.63%
2010	N/A	+25.37%
2009	N/A	+111.32%
2008	N/A	-61.60%
2007	N/A	-12.60%
2006	N/A	+22.86%
2005	N/A	+0.13%
2004	N/A	+12.68%
2003	N/A	+6.87%

IQSM vs NCZ Drawdown Comparison

The maximum drawdown for IQSM was -23.66%, occurring on Apr 8, 2025. Recovery took 260 trading sessions.

The maximum drawdown for NCZ was -79.41%, occurring on Nov 21, 2008. Recovery took 926 trading sessions.

The current IQSM drawdown is -1.57%. The current NCZ drawdown is -1.81%.

Rank	IQSM	NCZ
#1	-23.66% Nov 25, 2024 - Dec 10, 2025	-79.41% Jun 4, 2007 - Feb 3, 2011
#2	-16.38% Feb 2, 2023 - Dec 14, 2023	-56.04% Feb 19, 2020 - Dec 4, 2020
#3	-8.86% Feb 26, 2026 - Apr 17, 2026	-50.80% Jul 3, 2014 - Jun 8, 2018
#4	-8.29% Mar 28, 2024 - Aug 30, 2024	-43.93% Nov 8, 2021 - Sep 10, 2025
#5	-6.87% Dec 2, 2022 - Jan 11, 2023	-30.38% Sep 14, 2018 - Feb 18, 2020
#6	-4.24% Aug 30, 2024 - Sep 17, 2024	-26.78% Jun 3, 2011 - Sep 12, 2012
#7	-3.98% Dec 28, 2023 - Feb 9, 2024	-17.42% Apr 2, 2004 - Sep 13, 2004
#8	-3.89% Nov 1, 2022 - Nov 10, 2022	-13.07% Oct 8, 2012 - Jan 25, 2013
#9	-3.50% May 6, 2026 - May 26, 2026	-11.95% Feb 13, 2026 - Apr 9, 2026
#10	-3.46% Nov 11, 2024 - Nov 22, 2024	-11.62% Dec 28, 2004 - Jul 14, 2005
#11	-2.80% Apr 20, 2026 - May 6, 2026	-8.85% Feb 12, 2021 - Jun 11, 2021
#12	-2.67% Oct 18, 2024 - Nov 6, 2024	-8.61% May 20, 2013 - Oct 11, 2013
#13	-2.65% Jun 4, 2026 - Jun 12, 2026	-7.41% Sep 6, 2005 - Jan 10, 2006
#14	-2.64% Feb 10, 2026 - Feb 26, 2026	-6.84% Mar 9, 2011 - May 27, 2011
#15	-2.59% Jan 13, 2023 - Jan 23, 2023	-6.39% Nov 3, 2025 - Dec 24, 2025

Correlation

Correlation between IQSM and NCZ is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2003 - 2026)

IQSM vs NCZ dividend yield comparison.

Year	IQSM	NCZ
2026	0.47%	5.42%
2025	1.18%	10.45%
2024	1.22%	11.50%
2023	1.11%	12.84%
2022	0.32%	15.62%
2021	0.00%	8.82%
2020	0.00%	9.28%
2019	0.00%	11.28%
2018	0.00%	15.33%
2017	0.00%	13.80%
2016	0.00%	12.08%
2015	0.00%	18.02%
2014	0.00%	11.45%
2013	0.00%	11.36%
2012	0.00%	12.86%
2011	0.00%	12.96%
2010	0.00%	12.38%
2009	0.00%	12.41%
2008	0.00%	27.60%
2007	0.00%	12.97%
2006	0.00%	10.52%
2005	0.00%	12.68%
2004	0.00%	9.87%
2003	0.00%	3.76%