NCZ vs CPLB

Comparison between Virtus Convertible & Income Fund II (NCZ, ETF) and NYLI MACKAY CORE PLUS BOND ETF (CPLB, ETF).

5-Year PerformanceNCZ has outperformed CPLB, delivering a return of +5.6% compared to +0.6%

NCZ vs CPLB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NCZ(ETF)	CPLB(ETF)
Net Assets	$336M	$336M
Expense Ratio	N/A	0.30%
Max Drawdown	85.64%	23.33%
Sharpe Ratio	1.44	0.22
5Y Beta	0.80	0.04
5Y Dividends CAGR	-4.36%	N/A

Net Assets

NCZ

$336M

Winner

CPLB

$336M

Expense Ratio

NCZ

N/A

CPLB

0.30%

Max Drawdown

NCZ

85.64%

Winner

CPLB

23.33%

Sharpe Ratio

Winner

NCZ

1.44

CPLB

0.22

5Y Beta

NCZ

0.80

Winner

CPLB

0.04

5Y Dividends CAGR

NCZ

-4.36%

CPLB

N/A

NCZ vs CPLB - Historical Returns

Returns include dividend reinvestment.

Period	NCZ	CPLB
1 month	-1.81%	-0.12%
3 months	+6.87%	-0.02%
6 months	+14.00%	+0.52%
1 year	+29.31%	+4.28%
5 years(CAGR)	+5.63%	+0.59%
10 years(CAGR)	+8.23%	N/A
Max(CAGR)	+6.10%	+0.77%

NCZ

-1.81%

Winner

CPLB

-0.12%

Winner

NCZ

+6.87%

CPLB

-0.02%

Winner

NCZ

+14.00%

CPLB

+0.52%

Winner

NCZ

+29.31%

CPLB

+4.28%

5Y(CAGR)

Winner

NCZ

+5.63%

CPLB

+0.59%

10Y(CAGR)

NCZ

+8.23%

CPLB

N/A

Max(CAGR)

Winner

NCZ

+6.10%

CPLB

+0.77%

NCZ vs CPLB - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	NCZ	CPLB
2026	+17.77%	+0.85%
2025	+23.56%	+7.64%
2024	+19.58%	+4.53%
2023	+16.86%	+6.60%
2022	-35.66%	-14.05%
2021	+10.11%	+0.38%
2020	+11.35%	N/A
2019	+22.29%	N/A
2018	-18.47%	N/A
2017	+23.36%	N/A
2016	+29.64%	N/A
2015	-34.67%	N/A
2014	+10.11%	N/A
2013	+24.09%	N/A
2012	+9.02%	N/A
2011	-6.63%	N/A
2010	+25.37%	N/A
2009	+111.32%	N/A
2008	-61.60%	N/A
2007	-12.60%	N/A
2006	+22.86%	N/A
2005	+0.13%	N/A
2004	+12.68%	N/A
2003	+6.87%	N/A

NCZ vs CPLB Drawdown Comparison

The maximum drawdown for NCZ was -79.41%, occurring on Nov 21, 2008. Recovery took 926 trading sessions.

The maximum drawdown for CPLB was -18.96%, occurring on Oct 24, 2022. Recovery took 1026 trading sessions.

The current NCZ drawdown is -1.81%. The current CPLB drawdown is -1.31%.

Rank	NCZ	CPLB
#1	-79.41% Jun 4, 2007 - Feb 3, 2011	-18.96% Aug 3, 2021 - Sep 4, 2025
#2	-56.04% Feb 19, 2020 - Dec 4, 2020	-2.60% Feb 27, 2026 - Mar 27, 2026
#3	-50.80% Jul 3, 2014 - Jun 8, 2018	-1.06% Oct 27, 2025 - Nov 26, 2025
#4	-43.93% Nov 8, 2021 - Sep 10, 2025	-0.77% Nov 26, 2025 - Jan 7, 2026
#5	-30.38% Sep 14, 2018 - Feb 18, 2020	-0.63% Jul 8, 2021 - Jul 19, 2021
#6	-26.78% Jun 3, 2011 - Sep 12, 2012	-0.54% Sep 15, 2025 - Oct 13, 2025
#7	-17.42% Apr 2, 2004 - Sep 13, 2004	-0.52% Jan 14, 2026 - Jan 26, 2026
#8	-13.07% Oct 8, 2012 - Jan 25, 2013	-0.31% Jan 26, 2026 - Feb 5, 2026
#9	-11.95% Feb 13, 2026 - Apr 9, 2026	-0.30% Sep 8, 2025 - Sep 10, 2025
#10	-11.62% Dec 28, 2004 - Jul 14, 2005	-0.26% Jul 19, 2021 - Jul 27, 2021
#11	-8.85% Feb 12, 2021 - Jun 11, 2021	-0.23% Jan 7, 2026 - Jan 12, 2026
#12	-8.61% May 20, 2013 - Oct 11, 2013	-0.21% Feb 10, 2026 - Feb 12, 2026
#13	-7.41% Sep 6, 2005 - Jan 10, 2006	-0.19% Oct 21, 2025 - Oct 24, 2025
#14	-6.84% Mar 9, 2011 - May 27, 2011	-0.19% Oct 16, 2025 - Oct 20, 2025
#15	-6.39% Nov 3, 2025 - Dec 24, 2025	-0.14% Sep 11, 2025 - Sep 15, 2025

Correlation

Correlation between NCZ and CPLB is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (2003 - 2026)

NCZ vs CPLB dividend yield comparison.

Year	NCZ	CPLB
2026	5.42%	2.75%
2025	10.45%	5.46%
2024	11.50%	5.40%
2023	12.84%	4.81%
2022	15.62%	3.17%
2021	8.82%	0.95%
2020	9.28%	0.00%
2019	11.28%	0.00%
2018	15.33%	0.00%
2017	13.80%	0.00%
2016	12.08%	0.00%
2015	18.02%	0.00%
2014	11.45%	0.00%
2013	11.36%	0.00%
2012	12.86%	0.00%
2011	12.96%	0.00%
2010	12.38%	0.00%
2009	12.41%	0.00%
2008	27.60%	0.00%
2007	12.97%	0.00%
2006	10.52%	0.00%
2005	12.68%	0.00%
2004	9.87%	0.00%
2003	3.76%	0.00%