NAD vs OUNZ

Comparison between Nuveen Quality Municipal Income Fund (NAD, ETF) and VanEck Merk Gold Trust (OUNZ, ETF).

5-Year PerformanceOUNZ has outperformed NAD, delivering a return of +20.6% compared to +0.6%

NAD vs OUNZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NAD(ETF)	OUNZ(ETF)
Net Assets	$2.80B	$2.80B
Expense Ratio	N/A	0.25%
Max Drawdown	51.92%	21.77%
Sharpe Ratio	0.86	1.25
5Y Beta	0.22	0.18
5Y Dividends CAGR	6.06%	N/A

Net Assets

NAD

$2.80B

OUNZ

$2.80B

Expense Ratio

NAD

N/A

OUNZ

0.25%

Max Drawdown

NAD

51.92%

Winner

OUNZ

21.77%

Sharpe Ratio

NAD

0.86

Winner

OUNZ

1.25

5Y Beta

NAD

0.22

Winner

OUNZ

0.18

5Y Dividends CAGR

NAD

6.06%

OUNZ

N/A

NAD vs OUNZ - Historical Returns

Returns include dividend reinvestment.

Period	NAD	OUNZ
1 month	+1.45%	-0.18%
3 months	-0.23%	-7.06%
6 months	+4.80%	+17.85%
1 year	+12.84%	+42.64%
5 years(CAGR)	+0.58%	+20.56%
10 years(CAGR)	+2.72%	+13.75%
Max(CAGR)	+5.41%	+11.05%

Winner

NAD

+1.45%

OUNZ

-0.18%

Winner

NAD

-0.23%

OUNZ

-7.06%

NAD

+4.80%

Winner

OUNZ

+17.85%

NAD

+12.84%

Winner

OUNZ

+42.64%

5Y(CAGR)

NAD

+0.58%

Winner

OUNZ

+20.56%

10Y(CAGR)

NAD

+2.72%

Winner

OUNZ

+13.75%

Max(CAGR)

NAD

+5.41%

Winner

OUNZ

+11.05%

NAD vs OUNZ - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NAD	OUNZ
2026	+1.69%	+9.00%
2025	+9.76%	+61.59%
2024	+8.94%	+27.01%
2023	-0.28%	+11.98%
2022	-22.45%	+0.97%
2021	+10.21%	-6.17%
2020	+10.73%	+23.96%
2019	+20.11%	+17.90%
2018	-5.76%	-3.19%
2017	+5.98%	+12.03%
2016	+2.05%	+6.65%
2015	+7.80%	-11.15%
2014	+19.78%	-8.73%
2013	-15.11%	N/A
2012	+12.07%	N/A
2011	+21.18%	N/A
2010	+1.99%	N/A
2009	+38.25%	N/A
2008	-21.38%	N/A
2007	-10.97%	N/A
2006	+13.53%	N/A
2005	+4.63%	N/A
2004	+2.48%	N/A
2003	+11.63%	N/A
2002	+9.42%	N/A
2001	+7.43%	N/A
2000	+15.65%	N/A
1999	-11.78%	N/A

NAD vs OUNZ Drawdown Comparison

The maximum drawdown for NAD was -44.61%, occurring on Oct 10, 2008. Recovery took 663 trading sessions.

The maximum drawdown for OUNZ was -21.77%, occurring on Dec 17, 2015. Recovery took 499 trading sessions.

The current NAD drawdown is -4.31%. The current OUNZ drawdown is -12.45%.

Rank	NAD	OUNZ
#1	-44.61% Jan 22, 2007 - Sep 8, 2009	-21.77% Jul 11, 2014 - Jul 5, 2016
#2	-35.57% Sep 15, 2021 - Oct 25, 2023	-21.76% Aug 6, 2020 - Mar 1, 2024
#3	-25.39% Mar 6, 2020 - Nov 16, 2020	-19.14% Jan 29, 2026 - Mar 26, 2026
#4	-21.47% Nov 30, 2012 - Dec 4, 2014	-17.58% Jul 8, 2016 - Jun 20, 2019
#5	-18.90% Sep 1, 2010 - Nov 22, 2011	-12.51% Mar 9, 2020 - Apr 9, 2020
#6	-17.47% Mar 9, 2004 - Jun 7, 2005	-10.10% Oct 20, 2025 - Dec 22, 2025
#7	-15.78% Nov 2, 1999 - Dec 8, 2000	-8.10% Oct 30, 2024 - Jan 30, 2025
#8	-15.38% Aug 12, 2016 - May 13, 2019	-7.12% Apr 21, 2025 - Jun 13, 2025
#9	-10.12% Jun 17, 2003 - Jan 7, 2004	-6.57% Sep 4, 2019 - Jan 6, 2020
#10	-9.48% Nov 6, 2001 - Jun 7, 2002	-5.75% May 20, 2024 - Jul 16, 2024
#11	-9.39% Oct 4, 2002 - May 1, 2003	-4.93% Dec 26, 2025 - Jan 12, 2026
#12	-8.80% Sep 9, 2005 - Aug 17, 2006	-4.91% Feb 24, 2020 - Mar 5, 2020
#13	-8.02% Oct 8, 2009 - Feb 1, 2010	-4.84% Mar 31, 2025 - Apr 10, 2025
#14	-6.14% Jan 30, 2015 - Nov 3, 2015	-4.84% Jun 13, 2025 - Aug 29, 2025
#15	-5.87% Mar 1, 2012 - May 3, 2012	-4.38% Jul 16, 2024 - Aug 12, 2024