NCIQ vs PNI
Comparison between Hashdex Nasdaq Crypto Index US ETF (NCIQ, ETF) and Pimco New York Municipal Income Fund II (PNI, ETF).
NCIQ vs PNI - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
NCIQ
$190M
PNI
$190M
Expense Ratio
NCIQ
0.25%
PNI
N/A
Max Drawdown
Winner
NCIQ
57.05%
PNI
64.22%
Sharpe Ratio
NCIQ
-1.14
Winner
PNI
0.94
5Y Beta
NCIQ
1.24
Winner
PNI
0.13
5Y Dividends CAGR
NCIQ
N/A
PNI
-5.91%
NCIQ vs PNI - Historical Returns
Returns include dividend reinvestment.
1M
Winner
NCIQ
+3.83%
PNI
-0.01%
3M
NCIQ
-12.63%
Winner
PNI
+1.12%
6M
NCIQ
-29.68%
Winner
PNI
+2.55%
1Y
NCIQ
-46.63%
Winner
PNI
+12.65%
5Y(CAGR)
NCIQ
N/A
PNI
-5.33%
10Y(CAGR)
NCIQ
N/A
PNI
-2.25%
Max(CAGR)
NCIQ
-25.79%
Winner
PNI
+2.72%
NCIQ vs PNI - Annual Returns (2002 - 2026)
Returns include dividend reinvestment.
| Year | NCIQ | PNI |
|---|---|---|
| 2026 | -29.66% | +4.18% |
| 2025 | -10.21% | +0.74% |
| 2024 | N/A | -0.59% |
| 2023 | N/A | -0.22% |
| 2022 | N/A | -26.08% |
| 2021 | N/A | +8.85% |
| 2020 | N/A | -5.47% |
| 2019 | N/A | +17.54% |
| 2018 | N/A | -6.93% |
| 2017 | N/A | +4.74% |
| 2016 | N/A | +2.82% |
| 2015 | N/A | +7.62% |
| 2014 | N/A | +26.98% |
| 2013 | N/A | -16.64% |
| 2012 | N/A | +18.08% |
| 2011 | N/A | +16.17% |
| 2010 | N/A | +1.49% |
| 2009 | N/A | +61.88% |
| 2008 | N/A | -45.31% |
| 2007 | N/A | -9.31% |
| 2006 | N/A | +1.82% |
| 2005 | N/A | +22.84% |
| 2004 | N/A | +8.37% |
| 2003 | N/A | +5.03% |
| 2002 | N/A | -3.93% |
NCIQ vs PNI Drawdown Comparison
The maximum drawdown for NCIQ was -57.05%, occurring on Jun 25, 2026. This drawdown has not yet recovered.
The maximum drawdown for PNI was -59.91%, occurring on Dec 15, 2008. Recovery took 987 trading sessions.
The current NCIQ drawdown is -51.37%. The current PNI drawdown is -26.23%.
| Rank | NCIQ | PNI |
|---|---|---|
| #1 | -57.05% Oct 6, 2025 - Jun 25, 2026 | -59.91% Feb 7, 2008 - Jan 6, 2012 |
| #2 | -25.48% Feb 20, 2025 - May 9, 2025 | -44.12% Aug 4, 2021 - Oct 27, 2023 |
| #3 | -12.51% Aug 13, 2025 - Oct 6, 2025 | -34.33% Feb 27, 2020 - Jul 6, 2021 |
| #4 | -7.86% May 22, 2025 - Jul 9, 2025 | -22.88% Nov 30, 2012 - Dec 3, 2014 |
| #5 | -4.90% Jul 24, 2025 - Aug 11, 2025 | -20.89% Jul 8, 2016 - Jan 7, 2020 |
| #6 | -3.12% Feb 14, 2025 - Feb 20, 2025 | -14.60% Mar 17, 2004 - Oct 15, 2004 |
| #7 | -2.44% Jul 14, 2025 - Jul 16, 2025 | -14.08% Apr 24, 2007 - Feb 7, 2008 |
| #8 | -2.05% May 13, 2025 - May 20, 2025 | -12.73% Jan 9, 2006 - Nov 29, 2006 |
| #9 | -0.94% Jul 22, 2025 - Jul 24, 2025 | -8.04% Jul 2, 2003 - Jan 22, 2004 |
| #10 | -0.64% Jul 17, 2025 - Jul 22, 2025 | -7.48% Jul 18, 2002 - May 14, 2003 |
| #11 | -0.40% May 9, 2025 - May 13, 2025 | -7.30% Sep 30, 2005 - Dec 12, 2005 |
| #12 | N/A | -7.19% Feb 9, 2012 - May 1, 2012 |
| #13 | N/A | -6.86% Feb 4, 2015 - Oct 26, 2015 |
| #14 | N/A | -6.72% Mar 7, 2005 - May 2, 2005 |
| #15 | N/A | -4.78% Oct 26, 2015 - Dec 21, 2015 |
Correlation
Correlation between NCIQ and PNI is -0.78 which considered as a strong negative correlation - the stocks tend to move in opposite directions.
-0.78
-101
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