JHEM vs NRK

Comparison between JOHN HANCOCK MULTIFACTOR EMERGING MARKETS ETF (JHEM, ETF) and Nuveen New York AMT-Free Quality Municipal Income Fund (NRK, ETF).

5-Year PerformanceJHEM has outperformed NRK, delivering a return of +6.5% compared to +0.1%

JHEM vs NRK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JHEM(ETF)	NRK(ETF)
Net Assets	$945M	$941M
Expense Ratio	0.49%	N/A
Max Drawdown	34.99%	46.37%
Sharpe Ratio	1.63	1.35
5Y Beta	0.76	0.15
5Y Dividends CAGR	10.09%	9.26%

Net Assets

Winner

JHEM

$945M

NRK

$941M

Expense Ratio

JHEM

0.49%

NRK

N/A

Max Drawdown

Winner

JHEM

34.99%

NRK

46.37%

Sharpe Ratio

Winner

JHEM

1.63

NRK

1.35

5Y Beta

JHEM

0.76

Winner

NRK

0.15

5Y Dividends CAGR

Winner

JHEM

10.09%

NRK

9.26%

JHEM vs NRK - Historical Returns

Returns include dividend reinvestment.

Period	JHEM	NRK
1 month	-0.34%	-0.57%
3 months	+10.83%	+2.01%
6 months	+19.45%	+7.92%
1 year	+39.46%	+16.10%
5 years(CAGR)	+6.53%	+0.09%
10 years(CAGR)	N/A	+2.38%
Max(CAGR)	+8.27%	+4.04%

Winner

JHEM

-0.34%

NRK

-0.57%

Winner

JHEM

+10.83%

NRK

+2.01%

Winner

JHEM

+19.45%

NRK

+7.92%

Winner

JHEM

+39.46%

NRK

+16.10%

5Y(CAGR)

Winner

JHEM

+6.53%

NRK

+0.09%

10Y(CAGR)

JHEM

N/A

NRK

+2.38%

Max(CAGR)

Winner

JHEM

+8.27%

NRK

+4.04%

JHEM vs NRK - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	JHEM	NRK
2026	+14.89%	+7.28%
2025	+31.05%	+4.13%
2024	+6.02%	+5.74%
2023	+12.23%	+6.59%
2022	-18.34%	-21.42%
2021	+1.64%	+6.56%
2020	+9.89%	+3.94%
2019	+17.53%	+19.69%
2018	-7.41%	-6.11%
2017	N/A	+6.33%
2016	N/A	+3.57%
2015	N/A	+6.96%
2014	N/A	+11.31%
2013	N/A	-15.66%
2012	N/A	+11.87%
2011	N/A	+11.65%
2010	N/A	+3.48%
2009	N/A	+36.66%
2008	N/A	-20.43%
2007	N/A	-0.73%
2006	N/A	+11.71%
2005	N/A	+7.22%
2004	N/A	-5.53%
2003	N/A	+10.32%

JHEM vs NRK Drawdown Comparison

The maximum drawdown for JHEM was -34.99%, occurring on Mar 23, 2020. Recovery took 211 trading sessions.

The maximum drawdown for NRK was -40.13%, occurring on Oct 10, 2008. Recovery took 397 trading sessions.

The current JHEM drawdown is -7.96%. The current NRK drawdown is -3.20%.

Rank	JHEM	NRK
#1	-34.99% Jan 13, 2020 - Nov 11, 2020	-40.13% Jan 14, 2008 - Aug 11, 2009
#2	-32.43% Feb 16, 2021 - Jun 12, 2025	-31.05% Aug 10, 2021 - Oct 25, 2023
#3	-12.34% Feb 27, 2026 - Apr 17, 2026	-24.00% Nov 23, 2012 - Feb 11, 2016
#4	-11.65% Apr 17, 2019 - Dec 12, 2019	-23.09% Feb 24, 2020 - Dec 30, 2020
#5	-10.86% Oct 1, 2018 - Jan 25, 2019	-21.71% Mar 10, 2004 - Jul 18, 2005
#6	-7.96% Jun 2, 2026 - Jun 5, 2026	-15.65% Sep 14, 2010 - Jan 18, 2012
#7	-5.82% Jan 21, 2021 - Feb 9, 2021	-13.07% Aug 12, 2016 - May 1, 2019
#8	-5.79% May 8, 2026 - May 26, 2026	-12.56% Jul 14, 2003 - Dec 31, 2003
#9	-4.38% Oct 29, 2025 - Dec 26, 2025	-11.79% Jul 25, 2005 - Sep 27, 2006
#10	-4.10% Oct 6, 2025 - Oct 16, 2025	-11.55% Mar 30, 2007 - Jan 14, 2008
#11	-4.08% Feb 25, 2019 - Mar 18, 2019	-7.62% Mar 13, 2012 - Jul 2, 2012
#12	-3.41% Jul 23, 2025 - Aug 13, 2025	-7.50% Oct 7, 2009 - Mar 3, 2010
#13	-3.35% Mar 21, 2019 - Apr 3, 2019	-4.24% Feb 4, 2003 - Feb 27, 2003
#14	-3.10% Feb 5, 2019 - Feb 25, 2019	-4.21% Sep 3, 2019 - Dec 23, 2019
#15	-2.57% Jan 28, 2026 - Feb 9, 2026	-3.80% Dec 12, 2006 - Feb 6, 2007

Correlation

Correlation between JHEM and NRK is 0.64 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.64

-101

Dividend Comparison (2003 - 2026)

JHEM vs NRK dividend yield comparison.

Year	JHEM	NRK
2026	0.00%	3.30%
2025	2.39%	8.21%
2024	2.93%	6.74%
2023	2.87%	4.06%
2022	2.84%	5.41%
2021	2.71%	4.18%
2020	1.67%	4.15%
2019	2.37%	3.98%
2018	0.21%	4.68%
2017	0.00%	4.85%
2016	0.00%	5.37%
2015	0.00%	5.44%
2014	0.00%	6.27%
2013	0.00%	5.86%
2012	0.00%	4.40%
2011	0.00%	4.80%
2010	0.00%	5.60%
2009	0.00%	4.98%
2008	0.00%	6.39%
2007	0.00%	4.84%
2006	0.00%	4.77%
2005	0.00%	5.73%
2004	0.00%	6.52%
2003	0.00%	5.34%