KIE vs NKX
Comparison between STATE STREET(R) SPDR(R) S&P(R) INSURANCE ETF (KIE, ETF) and Nuveen California AMT-Free Quality Municipal Income Fund (NKX, ETF).
5-Year PerformanceKIE has outperformed NKX, delivering a return of +11.9% compared to -0.4%
KIE vs NKX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
KIE vs NKX - Historical Returns
Returns include dividend reinvestment.
KIE vs NKX - Annual Returns (2003 - 2026)
Returns include dividend reinvestment.
| Year | KIE | NKX |
|---|---|---|
| 2026 | +8.25% | +2.14% |
| 2025 | +8.86% | +4.64% |
| 2024 | +26.14% | +16.57% |
| 2023 | +12.19% | -3.34% |
| 2022 | +3.60% | -18.48% |
| 2021 | +26.07% | +4.57% |
| 2020 | -3.57% | +7.61% |
| 2019 | +27.82% | +23.74% |
| 2018 | -4.78% | -13.29% |
| 2017 | +14.85% | +12.78% |
| 2016 | +27.78% | -1.75% |
| 2015 | +10.26% | +11.55% |
| 2014 | +13.72% | +28.02% |
| 2013 | +46.76% | -13.32% |
| 2012 | +24.39% | +6.03% |
| 2011 | -11.22% | +28.66% |
| 2010 | +27.57% | +2.31% |
| 2009 | +30.98% | +26.36% |
| 2008 | -43.31% | -24.06% |
| 2007 | -2.64% | +0.18% |
| 2006 | +13.38% | +14.75% |
| 2005 | +0.63% | +0.57% |
| 2004 | N/A | +9.14% |
| 2003 | N/A | +0.81% |
KIE vs NKX Drawdown Comparison
The maximum drawdown for KIE was -73.53%, occurring on Mar 9, 2009. Recovery took 1418 trading sessions.
The maximum drawdown for NKX was -43.86%, occurring on Oct 10, 2008. Recovery took 422 trading sessions.
The current KIE drawdown is -3.91%. The current NKX drawdown is -3.70%.
| Rank | KIE | NKX |
|---|---|---|
| #1 | -73.53% May 16, 2007 - Jan 2, 2013 | -43.86% Jan 14, 2008 - Sep 16, 2009 |
| #2 | -44.30% Feb 14, 2020 - Mar 10, 2021 | -35.62% Nov 12, 2021 - Feb 11, 2026 |
| #3 | -17.87% Sep 21, 2018 - Apr 16, 2019 | -27.52% Feb 7, 2020 - Aug 10, 2020 |
| #4 | -15.69% Mar 29, 2022 - Nov 25, 2022 | -23.95% Nov 30, 2012 - Dec 10, 2014 |
| #5 | -15.10% Feb 13, 2023 - Sep 19, 2023 | -19.95% Sep 8, 2016 - Jul 19, 2019 |
| #6 | -14.20% Dec 1, 2015 - May 10, 2016 | -19.40% Aug 16, 2010 - Oct 27, 2011 |
| #7 | -12.66% Nov 27, 2024 - Dec 22, 2025 | -15.06% Jun 13, 2003 - Sep 20, 2004 |
| #8 | -11.81% Dec 24, 2025 - Jun 26, 2026 | -12.43% Apr 23, 2007 - Jan 14, 2008 |
| #9 | -9.40% Aug 18, 2015 - Oct 28, 2015 | -9.74% Feb 11, 2026 - Mar 30, 2026 |
| #10 | -9.37% Dec 31, 2013 - Apr 1, 2014 | -9.66% Oct 8, 2009 - Jun 18, 2010 |
| #11 | -9.05% Oct 25, 2021 - Jan 11, 2022 | -9.63% Jun 2, 2006 - Oct 4, 2006 |
| #12 | -8.86% Aug 4, 2017 - Oct 10, 2017 | -8.70% May 31, 2005 - Jan 23, 2006 |
| #13 | -8.74% Jan 11, 2022 - Mar 22, 2022 | -7.75% Feb 15, 2012 - May 1, 2012 |
| #14 | -8.43% Jan 26, 2018 - Aug 21, 2018 | -7.27% Jan 30, 2015 - Oct 8, 2015 |
| #15 | -8.35% Mar 28, 2024 - Jul 16, 2024 | -6.76% Mar 14, 2005 - May 31, 2005 |
Correlation
Correlation between KIE and NKX is 0.86 which considered as a strong positive correlation - the stocks tend to move together.
Dividend Comparison (2003 - 2026)
KIE vs NKX dividend yield comparison.
| Year | KIE | NKX |
|---|---|---|
| 2026 | 0.77% | 4.91% |
| 2025 | 1.57% | 7.33% |
| 2024 | 1.48% | 6.14% |
| 2023 | 1.45% | 4.38% |
| 2022 | 1.90% | 5.17% |
| 2021 | 1.95% | 4.21% |
| 2020 | 1.85% | 4.05% |
| 2019 | 1.76% | 4.06% |
| 2018 | 1.83% | 5.25% |
| 2017 | 3.54% | 5.06% |
| 2016 | 4.64% | 6.18% |
| 2015 | 4.96% | 5.66% |
| 2014 | 5.42% | 5.24% |
| 2013 | 4.13% | 7.03% |
| 2012 | 5.91% | 5.64% |
| 2011 | 5.01% | 5.62% |
| 2010 | 4.79% | 6.56% |
| 2009 | 4.27% | 5.91% |
| 2008 | 8.36% | 7.35% |
| 2007 | 5.50% | 4.93% |
| 2006 | 4.10% | 4.85% |
| 2005 | 0.64% | 5.87% |
| 2004 | 0.00% | 6.27% |
| 2003 | 0.00% | 5.83% |
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