NEA vs DEM

Comparison between Nuveen AMT-Free Quality Municipal Income Fund (NEA, ETF) and WisdomTree Emerging Markets High Dividend Fund (DEM, ETF).

5-Year PerformanceDEM has outperformed NEA, delivering a return of +9.5% compared to +0.4%

NEA vs DEM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NEA(ETF)	DEM(ETF)
Net Assets	$3.40B	$3.50B
Expense Ratio	N/A	0.63%
Max Drawdown	48.25%	57.03%
Sharpe Ratio	0.91	2.06
5Y Beta	0.23	0.57
5Y Dividends CAGR	5.60%	6.07%

Net Assets

NEA

$3.40B

Winner

DEM

$3.50B

Expense Ratio

NEA

N/A

DEM

0.63%

Max Drawdown

Winner

NEA

48.25%

DEM

57.03%

Sharpe Ratio

NEA

0.91

Winner

DEM

2.06

5Y Beta

Winner

NEA

0.23

DEM

0.57

5Y Dividends CAGR

NEA

5.60%

Winner

DEM

6.07%

NEA vs DEM - Historical Returns

Returns include dividend reinvestment.

Period	NEA	DEM
1 month	+1.64%	+6.83%
3 months	+0.73%	+7.63%
6 months	+5.01%	+19.31%
1 year	+13.91%	+33.92%
5 years(CAGR)	+0.39%	+9.55%
10 years(CAGR)	+3.04%	+10.62%
Max(CAGR)	+4.59%	+5.02%

NEA

+1.64%

Winner

DEM

+6.83%

NEA

+0.73%

Winner

DEM

+7.63%

NEA

+5.01%

Winner

DEM

+19.31%

NEA

+13.91%

Winner

DEM

+33.92%

5Y(CAGR)

NEA

+0.39%

Winner

DEM

+9.55%

10Y(CAGR)

NEA

+3.04%

Winner

DEM

+10.62%

Max(CAGR)

NEA

+4.59%

Winner

DEM

+5.02%

NEA vs DEM - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	NEA	DEM
2026	+2.27%	+15.96%
2025	+10.42%	+21.85%
2024	+9.00%	+5.66%
2023	-0.58%	+21.11%
2022	-23.00%	-10.64%
2021	+8.45%	+10.71%
2020	+10.47%	-7.42%
2019	+20.56%	+19.79%
2018	-5.87%	-8.80%
2017	+9.35%	+24.78%
2016	+1.99%	+26.16%
2015	+6.25%	-20.90%
2014	+21.40%	-10.17%
2013	-16.42%	-8.21%
2012	+6.78%	+13.65%
2011	+17.35%	-11.22%
2010	+1.80%	+20.83%
2009	+34.36%	+53.78%
2008	-24.81%	-33.89%
2007	+5.52%	+2.61%
2006	+11.55%	N/A
2005	+4.15%	N/A
2004	-4.83%	N/A
2003	+8.59%	N/A
2002	+0.07%	N/A

NEA vs DEM Drawdown Comparison

The maximum drawdown for NEA was -43.81%, occurring on Oct 10, 2008. Recovery took 405 trading sessions.

The maximum drawdown for DEM was -51.78%, occurring on Mar 2, 2009. Recovery took 471 trading sessions.

The current NEA drawdown is -4.75%.

Rank	NEA	DEM
#1	-43.81% Feb 12, 2008 - Sep 21, 2009	-51.78% May 19, 2008 - Apr 1, 2010
#2	-36.56% Sep 15, 2021 - Oct 23, 2023	-47.00% Apr 29, 2011 - Jan 18, 2018
#3	-25.03% Mar 6, 2020 - Aug 10, 2020	-37.79% Jan 13, 2020 - Mar 15, 2021
#4	-23.18% Nov 30, 2012 - Jan 7, 2015	-27.12% Feb 16, 2022 - Feb 20, 2024
#5	-18.08% Sep 10, 2010 - Dec 2, 2011	-19.03% Jan 26, 2018 - Jan 2, 2020
#6	-16.44% Mar 5, 2004 - Jun 29, 2005	-18.42% Apr 14, 2010 - Sep 13, 2010
#7	-12.37% Jul 8, 2016 - Mar 7, 2019	-16.36% Jul 23, 2007 - Sep 27, 2007
#8	-12.29% Feb 12, 2007 - Jan 15, 2008	-15.64% Oct 7, 2024 - Jun 6, 2025
#9	-10.90% Jul 28, 2005 - Jul 12, 2006	-15.33% Oct 31, 2007 - May 15, 2008
#10	-10.61% Jul 14, 2003 - Dec 31, 2003	-9.48% Jul 11, 2024 - Sep 24, 2024
#11	-9.23% Feb 2, 2015 - Dec 24, 2015	-9.17% Jun 4, 2021 - Jan 12, 2022
#12	-9.15% Oct 7, 2009 - Feb 2, 2010	-7.89% Feb 25, 2026 - Apr 17, 2026
#13	-6.54% Mar 12, 2012 - May 16, 2012	-6.69% Jan 3, 2011 - Mar 30, 2011
#14	-4.92% Jan 27, 2021 - Apr 13, 2021	-6.36% Nov 4, 2010 - Dec 31, 2010
#15	-4.73% Nov 30, 2006 - Feb 12, 2007	-5.30% Sep 17, 2025 - Nov 10, 2025

Correlation

Correlation between NEA and DEM is 0.72 which considered as a strong positive correlation - the stocks tend to move together.

0.72

-101

Dividend Comparison (2003 - 2026)

NEA vs DEM dividend yield comparison.

Year	NEA	DEM
2026	2.34%	0.43%
2025	7.36%	4.88%
2024	6.63%	5.24%
2023	3.95%	5.49%
2022	5.49%	8.62%
2021	4.50%	5.87%
2020	4.45%	4.21%
2019	4.46%	4.78%
2018	5.40%	4.47%
2017	5.33%	3.67%
2016	5.70%	3.63%
2015	5.71%	5.21%
2014	5.95%	5.51%
2013	6.24%	4.10%
2012	5.65%	3.29%
2011	5.64%	4.44%
2010	6.09%	3.24%
2009	5.37%	2.93%
2008	6.81%	5.85%
2007	4.93%	0.92%
2006	5.10%	0.00%
2005	5.93%	0.00%
2004	6.81%	0.00%
2003	6.11%	0.00%