NAC vs CET

Comparison between Nuveen California Quality Municipal Income Fund (NAC, ETF) and Central Securities Corp (CET, ETF).

5-Year PerformanceCET has outperformed NAC, delivering a return of +10.9% compared to +0.4%

NAC vs CET - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NAC(ETF)	CET(ETF)
Net Assets	$1.90B	$1.90B
Max Drawdown	53.70%	73.29%
Sharpe Ratio	1.61	1.00
5Y Beta	0.15	0.65
5Y Dividends CAGR	6.31%	7.95%

Net Assets

NAC

$1.90B

CET

$1.90B

Max Drawdown

Winner

NAC

53.70%

CET

73.29%

Sharpe Ratio

Winner

NAC

1.61

CET

1.00

5Y Beta

Winner

NAC

0.15

CET

0.65

5Y Dividends CAGR

NAC

6.31%

Winner

CET

7.95%

NAC vs CET - Historical Returns

Returns include dividend reinvestment.

Period	NAC	CET
1 month	+2.64%	-1.92%
3 months	+5.54%	+3.64%
6 months	+5.60%	+1.82%
1 year	+16.84%	+15.05%
5 years(CAGR)	+0.43%	+10.87%
10 years(CAGR)	+2.00%	+16.54%
Max(CAGR)	+5.72%	+10.29%

Winner

NAC

+2.64%

CET

-1.92%

Winner

NAC

+5.54%

CET

+3.64%

Winner

NAC

+5.60%

CET

+1.82%

Winner

NAC

+16.84%

CET

+15.05%

5Y(CAGR)

NAC

+0.43%

Winner

CET

+10.87%

10Y(CAGR)

NAC

+2.00%

Winner

CET

+16.54%

Max(CAGR)

NAC

+5.72%

Winner

CET

+10.29%

NAC vs CET - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NAC	CET
2026	+5.06%	+2.76%
2025	+11.67%	+18.04%
2024	+8.68%	+27.16%
2023	+3.70%	+18.42%
2022	-25.50%	-19.07%
2021	+7.55%	+51.39%
2020	+6.05%	+3.77%
2019	+20.38%	+37.54%
2018	-6.49%	-4.99%
2017	+6.56%	+30.57%
2016	-3.29%	+23.34%
2015	+9.41%	-3.98%
2014	+24.72%	+10.24%
2013	-16.01%	+26.91%
2012	+20.46%	+0.99%
2011	+25.12%	-2.98%
2010	+5.90%	+26.25%
2009	+30.62%	+24.89%
2008	-22.57%	-37.04%
2007	-11.93%	+10.42%
2006	+3.46%	+20.89%
2005	+15.65%	+14.55%
2004	+4.51%	+16.40%
2003	+11.16%	+34.25%
2002	+9.23%	-30.41%
2001	+9.47%	-1.71%
2000	+22.89%	+16.42%
1999	-13.99%	+12.25%

NAC vs CET Drawdown Comparison

The maximum drawdown for NAC was -46.34%, occurring on Dec 12, 2008. Recovery took 607 trading sessions.

The maximum drawdown for CET was -56.58%, occurring on Mar 9, 2009. Recovery took 663 trading sessions.

The current NAC drawdown is -1.20%. The current CET drawdown is -3.58%.

Rank	NAC	CET
#1	-46.34% May 8, 2007 - Oct 2, 2009	-56.58% May 16, 2008 - Jan 3, 2011
#2	-36.30% Sep 14, 2021 - Oct 25, 2023	-50.75% Sep 1, 2000 - Dec 1, 2005
#3	-28.72% Feb 21, 2020 - Dec 7, 2020	-39.91% Jan 16, 2020 - Dec 7, 2020
#4	-24.55% Jan 4, 2013 - Oct 30, 2014	-24.88% Dec 30, 2021 - Mar 7, 2024
#5	-18.84% Jul 8, 2016 - Jul 18, 2019	-22.78% May 31, 2011 - Jul 15, 2013
#6	-17.75% Sep 9, 2010 - Sep 1, 2011	-18.50% Dec 23, 2014 - Jun 6, 2016
#7	-15.95% Nov 2, 1999 - Jul 7, 2000	-16.78% Aug 29, 2018 - Mar 14, 2019
#8	-15.23% Mar 11, 2004 - Oct 15, 2004	-15.46% Jul 17, 2007 - May 15, 2008
#9	-10.99% Jun 13, 2003 - Jan 14, 2004	-15.42% Feb 19, 2025 - Jul 2, 2025
#10	-10.27% Oct 8, 2009 - May 5, 2010	-14.88% Mar 28, 2000 - Jun 27, 2000
#11	-8.73% Nov 15, 2001 - Jul 9, 2002	-11.45% Jul 23, 2014 - Dec 23, 2014
#12	-8.50% Sep 7, 2000 - Dec 22, 2000	-9.96% Jan 17, 2018 - Jun 8, 2018
#13	-8.45% Feb 29, 2012 - May 3, 2012	-8.08% Mar 2, 2026 - Apr 17, 2026
#14	-7.68% Sep 3, 2019 - Jan 30, 2020	-7.69% Jan 27, 2006 - Oct 12, 2006
#15	-7.64% Jan 31, 2001 - Jul 18, 2001	-7.56% Jul 20, 2000 - Aug 18, 2000

Correlation

Correlation between NAC and CET is 0.81 which considered as a strong positive correlation - the stocks tend to move together.

0.81

-101

Dividend Comparison (1999 - 2026)

NAC vs CET dividend yield comparison.

Year	NAC	CET
2026	3.64%	0.60%
2025	7.47%	5.32%
2024	6.63%	4.92%
2023	4.03%	4.90%
2022	5.47%	7.34%
2021	4.18%	8.41%
2020	4.17%	5.68%
2019	4.38%	3.78%
2018	5.34%	5.84%
2017	5.54%	3.65%
2016	6.25%	4.50%
2015	6.05%	10.41%
2014	5.61%	7.97%
2013	6.92%	17.03%
2012	5.72%	4.70%
2011	6.38%	4.89%
2010	7.16%	4.10%
2009	6.40%	3.62%
2008	10.52%	17.08%
2007	6.01%	8.94%
2006	5.77%	8.33%
2005	6.22%	8.40%
2004	6.92%	5.78%
2003	6.26%	6.70%
2002	6.47%	7.68%
2001	6.21%	7.11%
2000	6.07%	13.63%
1999	1.19%	8.81%