NAN vs HIO

Comparison between Nuveen New York Quality Municipal Income Fund (NAN, ETF) and Western Asset High Income Opportunity Fund Inc (HIO, ETF).

5-Year PerformanceHIO has outperformed NAN, delivering a return of +1.9% compared to -0.8%

NAN vs HIO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NAN(ETF)	HIO(ETF)
Net Assets	$366M	$365M
Max Drawdown	52.20%	68.83%
Sharpe Ratio	0.67	-0.31
5Y Beta	0.16	0.36
5Y Dividends CAGR	8.17%	2.58%

Net Assets

Winner

NAN

$366M

HIO

$365M

Max Drawdown

Winner

NAN

52.20%

HIO

68.83%

Sharpe Ratio

Winner

NAN

0.67

HIO

-0.31

5Y Beta

Winner

NAN

0.16

HIO

0.36

5Y Dividends CAGR

Winner

NAN

8.17%

HIO

2.58%

NAN vs HIO - Historical Returns

Returns include dividend reinvestment.

Period	NAN	HIO
1 month	-1.91%	-0.13%
3 months	-0.93%	-1.21%
6 months	-1.49%	-1.80%
1 year	+8.09%	-0.13%
5 years(CAGR)	-0.84%	+1.90%
10 years(CAGR)	+1.82%	+5.12%
Max(CAGR)	+4.84%	+5.97%

NAN

-1.91%

Winner

HIO

-0.13%

Winner

NAN

-0.93%

HIO

-1.21%

Winner

NAN

-1.49%

HIO

-1.80%

Winner

NAN

+8.09%

HIO

-0.13%

5Y(CAGR)

NAN

-0.84%

Winner

HIO

+1.90%

10Y(CAGR)

NAN

+1.82%

Winner

HIO

+5.12%

Max(CAGR)

NAN

+4.84%

Winner

HIO

+5.97%

NAN vs HIO - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NAN	HIO
2026	+1.87%	+1.97%
2025	+5.91%	+4.24%
2024	+10.20%	+11.22%
2023	+7.05%	+9.15%
2022	-23.18%	-16.61%
2021	+8.93%	+13.00%
2020	+3.55%	+6.07%
2019	+19.54%	+22.81%
2018	-7.08%	-8.66%
2017	+8.29%	+7.03%
2016	+0.31%	+17.18%
2015	+11.41%	-5.50%
2014	+12.81%	-3.52%
2013	-13.50%	-2.90%
2012	+12.99%	+12.31%
2011	+16.03%	+9.77%
2010	+5.40%	+11.29%
2009	+36.13%	+61.70%
2008	-25.46%	-26.06%
2007	-9.86%	-2.65%
2006	+0.39%	+22.13%
2005	+14.67%	-1.20%
2004	+3.72%	+2.18%
2003	+15.05%	+24.35%
2002	+10.82%	-7.05%
2001	+6.42%	-1.23%
2000	+8.59%	+11.80%
1999	-9.22%	-3.82%

NAN vs HIO Drawdown Comparison

The maximum drawdown for NAN was -44.95%, occurring on Oct 10, 2008. Recovery took 767 trading sessions.

The maximum drawdown for HIO was -49.61%, occurring on Nov 20, 2008. Recovery took 554 trading sessions.

The current NAN drawdown is -5.78%. The current HIO drawdown is -3.34%.

Rank	NAN	HIO
#1	-44.95% Feb 7, 2007 - Feb 24, 2010	-49.61% Jun 1, 2007 - Aug 12, 2009
#2	-34.64% Aug 18, 2021 - Jun 22, 2026	-40.57% Feb 20, 2020 - Aug 24, 2020
#3	-24.81% Mar 5, 2020 - Dec 8, 2020	-32.15% Feb 15, 2001 - Jun 12, 2003
#4	-21.32% Dec 5, 2012 - Nov 20, 2015	-26.19% Sep 9, 2021 - Sep 16, 2024
#5	-17.70% Mar 1, 2004 - Jan 14, 2005	-20.75% Jun 18, 2014 - Aug 18, 2016
#6	-15.65% Jul 27, 2016 - Jun 14, 2019	-16.72% Jan 20, 2004 - Nov 4, 2004
#7	-14.48% Nov 2, 1999 - Dec 29, 2000	-15.95% Jul 31, 2000 - Jan 10, 2001
#8	-13.00% Nov 9, 2010 - Nov 7, 2011	-15.05% May 12, 2011 - Jan 13, 2012
#9	-9.86% Jun 30, 2003 - Dec 29, 2003	-13.29% Mar 7, 2025 - Jul 1, 2025
#10	-8.45% Oct 1, 2002 - Apr 28, 2003	-13.25% Jan 2, 2018 - Jan 31, 2019
#11	-8.11% Mar 1, 2006 - Jan 19, 2007	-12.80% May 22, 2013 - May 8, 2014
#12	-7.75% Sep 20, 2005 - Dec 23, 2005	-11.36% Sep 24, 2012 - Jan 10, 2013
#13	-7.00% Feb 27, 2002 - Jun 5, 2002	-11.31% Apr 26, 2010 - Aug 9, 2010
#14	-6.48% Nov 16, 2001 - Feb 22, 2002	-10.95% Jun 13, 2003 - Dec 31, 2003
#15	-6.03% Jan 25, 2005 - Apr 27, 2005	-10.61% Nov 5, 1999 - May 31, 2000

Correlation

Correlation between NAN and HIO is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (1999 - 2026)

NAN vs HIO dividend yield comparison.

Year	NAN	HIO
2026	5.15%	8.16%
2025	7.67%	11.48%
2024	6.45%	10.84%
2023	4.12%	9.90%
2022	5.27%	9.11%
2021	4.15%	7.02%
2020	4.30%	7.86%
2019	4.06%	6.91%
2018	4.79%	7.31%
2017	5.13%	7.04%
2016	5.74%	8.44%
2015	5.54%	9.08%
2014	5.59%	8.06%
2013	5.96%	8.55%
2012	4.92%	7.81%
2011	5.10%	8.47%
2010	6.36%	9.70%
2009	5.62%	10.33%
2008	8.34%	14.47%
2007	6.03%	9.08%
2006	6.00%	9.04%
2005	6.99%	9.44%
2004	6.37%	8.93%
2003	6.05%	9.94%
2002	5.86%	12.25%
2001	5.69%	14.16%
2000	2.41%	11.14%
1999	0.00%	1.88%