NBH vs KJAN

Comparison between Neuberger Berman Municipal Fund Inc (NBH, ETF) and Innovator U.S. Small Cap Power Buffer ETF - January (KJAN, ETF).

5-Year PerformanceKJAN has outperformed NBH, delivering a return of +8.2% compared to -2.9%

NBH vs KJAN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NBH(ETF)	KJAN(ETF)
Net Assets	$333M	$333M
Expense Ratio	N/A	0.79%
Max Drawdown	49.69%	28.94%
Sharpe Ratio	0.97	1.44
5Y Beta	0.19	0.64
5Y Dividends CAGR	-1.21%	N/A

Net Assets

NBH

$333M

Winner

KJAN

$333M

Expense Ratio

NBH

N/A

KJAN

0.79%

Max Drawdown

NBH

49.69%

Winner

KJAN

28.94%

Sharpe Ratio

NBH

0.97

Winner

KJAN

1.44

5Y Beta

Winner

NBH

0.19

KJAN

0.64

5Y Dividends CAGR

NBH

-1.21%

KJAN

N/A

NBH vs KJAN - Historical Returns

Returns include dividend reinvestment.

Period	NBH	KJAN
1 month	+0.13%	+0.72%
3 months	+1.77%	+4.49%
6 months	+3.78%	+6.54%
1 year	+12.73%	+20.24%
5 years(CAGR)	-2.92%	+8.16%
10 years(CAGR)	+0.38%	N/A
Max(CAGR)	+3.98%	+8.59%

NBH

+0.13%

Winner

KJAN

+0.72%

NBH

+1.77%

Winner

KJAN

+4.49%

NBH

+3.78%

Winner

KJAN

+6.54%

NBH

+12.73%

Winner

KJAN

+20.24%

5Y(CAGR)

NBH

-2.92%

Winner

KJAN

+8.16%

10Y(CAGR)

NBH

+0.38%

KJAN

N/A

Max(CAGR)

NBH

+3.98%

Winner

KJAN

+8.59%

NBH vs KJAN - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	NBH	KJAN
2026	+5.72%	+9.82%
2025	+3.72%	+10.60%
2024	+5.10%	+9.31%
2023	+2.61%	+15.02%
2022	-28.53%	-7.97%
2021	+4.67%	+12.89%
2020	+4.47%	+8.73%
2019	+25.05%	N/A
2018	-9.40%	N/A
2017	-2.94%	N/A
2016	+9.20%	N/A
2015	+7.37%	N/A
2014	+17.41%	N/A
2013	-9.28%	N/A
2012	+6.63%	N/A
2011	+21.40%	N/A
2010	+10.30%	N/A
2009	+22.48%	N/A
2008	-8.12%	N/A
2007	-1.92%	N/A
2006	+9.24%	N/A
2005	+7.01%	N/A
2004	+2.11%	N/A
2003	+5.39%	N/A
2002	-9.14%	N/A

NBH vs KJAN Drawdown Comparison

The maximum drawdown for NBH was -43.50%, occurring on Oct 25, 2023. This drawdown has not yet recovered.

The maximum drawdown for KJAN was -28.94%, occurring on Mar 18, 2020. Recovery took 163 trading sessions.

The current NBH drawdown is -22.09%.

Rank	NBH	KJAN
#1	-43.50% Aug 27, 2021 - Oct 25, 2023	-28.94% Feb 19, 2020 - Oct 9, 2020
#2	-32.21% Feb 25, 2020 - Jan 11, 2021	-16.83% Dec 4, 2024 - Aug 28, 2025
#3	-26.07% Jan 16, 2008 - Jan 5, 2009	-15.23% Jan 3, 2022 - Jul 13, 2023
#4	-21.60% Nov 23, 2012 - Dec 4, 2014	-11.38% Jul 31, 2023 - Dec 14, 2023
#5	-18.63% Aug 23, 2016 - Jul 17, 2019	-5.42% Oct 27, 2025 - Nov 28, 2025
#6	-16.00% Mar 17, 2004 - Jun 16, 2005	-5.38% Jan 22, 2026 - Apr 13, 2026
#7	-13.79% Nov 1, 2002 - May 8, 2003	-5.29% Jul 16, 2024 - Sep 19, 2024
#8	-12.64% Jul 3, 2003 - Feb 27, 2004	-4.89% Dec 27, 2023 - Mar 20, 2024
#9	-12.16% Oct 26, 2010 - Aug 17, 2011	-4.44% Mar 28, 2024 - May 15, 2024
#10	-10.82% Jan 5, 2009 - May 19, 2009	-3.70% Nov 5, 2021 - Dec 27, 2021
#11	-8.96% Sep 27, 2006 - Jan 14, 2008	-3.69% Oct 12, 2020 - Nov 5, 2020
#12	-8.21% Feb 24, 2012 - Mar 30, 2012	-3.13% Jun 25, 2021 - Aug 27, 2021
#13	-7.71% Aug 2, 2012 - Sep 17, 2012	-2.95% Dec 11, 2025 - Jan 15, 2026
#14	-7.43% Jan 28, 2015 - Oct 6, 2015	-2.76% May 3, 2021 - May 27, 2021
#15	-7.39% Feb 9, 2021 - Apr 15, 2021	-2.63% May 15, 2024 - Jul 11, 2024