NEA vs KNG

Comparison between Nuveen AMT-Free Quality Municipal Income Fund (NEA, ETF) and FT VEST S&P 500 DIVIDEND ARISTOCRATS TARGET INCOME ETF (KNG, ETF).

5-Year PerformanceKNG has outperformed NEA, delivering a return of +4.3% compared to +0.4%

NEA vs KNG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NEA(ETF)	KNG(ETF)
Net Assets	$3.40B	$3.40B
Expense Ratio	N/A	0.74%
Max Drawdown	48.25%	35.12%
Sharpe Ratio	0.91	0.59
5Y Beta	0.23	0.47
P/E Ratio	N/A	24.66
Forward P/E	N/A	18.01
PEG Ratio	N/A	3.37
5Y Dividends CAGR	5.60%	20.34%
5Y EPS CAGR	N/A	6.86%
Debt to Equity	N/A	-2.10%
P/S Ratio	N/A	1.80
P/B Ratio	N/A	3.34

Net Assets

NEA

$3.40B

KNG

$3.40B

Expense Ratio

NEA

N/A

KNG

0.74%

Max Drawdown

NEA

48.25%

Winner

KNG

35.12%

Sharpe Ratio

Winner

NEA

0.91

KNG

0.59

5Y Beta

Winner

NEA

0.23

KNG

0.47

P/E Ratio

NEA

N/A

KNG

24.66

Forward P/E

NEA

N/A

KNG

18.01

PEG Ratio

NEA

N/A

KNG

3.37

5Y Dividends CAGR

NEA

5.60%

Winner

KNG

20.34%

5Y EPS CAGR

NEA

N/A

KNG

6.86%

Debt to Equity

NEA

N/A

KNG

-2.10%

P/S Ratio

NEA

N/A

KNG

1.80

P/B Ratio

NEA

N/A

KNG

3.34

NEA vs KNG - Historical Returns

Returns include dividend reinvestment.

Period	NEA	KNG
1 month	+1.64%	-0.80%
3 months	+0.73%	-4.99%
6 months	+5.01%	+4.93%
1 year	+13.91%	+9.13%
5 years(CAGR)	+0.39%	+4.30%
10 years(CAGR)	+3.04%	+8.48%
Max(CAGR)	+4.59%	+8.48%

Winner

NEA

+1.64%

KNG

-0.80%

Winner

NEA

+0.73%

KNG

-4.99%

Winner

NEA

+5.01%

KNG

+4.93%

Winner

NEA

+13.91%

KNG

+9.13%

5Y(CAGR)

NEA

+0.39%

Winner

KNG

+4.30%

10Y(CAGR)

NEA

+3.04%

Winner

KNG

+8.48%

Max(CAGR)

NEA

+4.59%

Winner

KNG

+8.48%

NEA vs KNG - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	NEA	KNG
2026	+2.27%	+1.72%
2025	+10.42%	+7.22%
2024	+9.00%	+5.75%
2023	-0.58%	+7.33%
2022	-23.00%	-6.60%
2021	+8.45%	+26.60%
2020	+10.47%	+7.48%
2019	+20.56%	+26.75%
2018	-5.87%	-0.85%
2017	+9.35%	N/A
2016	+1.99%	N/A
2015	+6.25%	N/A
2014	+21.40%	N/A
2013	-16.42%	N/A
2012	+6.78%	N/A
2011	+17.35%	N/A
2010	+1.80%	N/A
2009	+34.36%	N/A
2008	-24.81%	N/A
2007	+5.52%	N/A
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 KNG Drawdown Comparison

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

The maximum drawdown for KNG was -35.12%, occurring on Mar 23, 2020. Recovery took 185 trading sessions.

The current NEA drawdown is -4.75%. The current KNG drawdown is -5.96%.

Rank	NEA	KNG
#1	-43.81% Feb 12, 2008 - Sep 21, 2009	-35.12% Jan 17, 2020 - Oct 12, 2020
#2	-36.56% Sep 15, 2021 - Oct 23, 2023	-18.22% Jan 4, 2022 - Jul 24, 2023
#3	-25.03% Mar 6, 2020 - Aug 10, 2020	-14.99% Sep 21, 2018 - Mar 29, 2019
#4	-23.18% Nov 30, 2012 - Jan 7, 2015	-14.23% Nov 29, 2024 - Dec 15, 2025
#5	-18.08% Sep 10, 2010 - Dec 2, 2011	-11.98% Jul 26, 2023 - Feb 22, 2024
#6	-16.44% Mar 5, 2004 - Jun 29, 2005	-8.61% Feb 27, 2026 - Mar 20, 2026
#7	-12.37% Jul 8, 2016 - Mar 7, 2019	-7.05% Oct 12, 2020 - Nov 9, 2020
#8	-12.29% Feb 12, 2007 - Jan 15, 2008	-6.19% Aug 16, 2021 - Nov 2, 2021
#9	-10.90% Jul 28, 2005 - Jul 12, 2006	-5.40% Apr 30, 2019 - Jun 13, 2019
#10	-10.61% Jul 14, 2003 - Dec 31, 2003	-5.12% Jul 26, 2019 - Sep 5, 2019
#11	-9.23% Feb 2, 2015 - Dec 24, 2015	-5.04% May 10, 2021 - Aug 3, 2021
#12	-9.15% Oct 7, 2009 - Feb 2, 2010	-5.02% Nov 16, 2021 - Dec 13, 2021
#13	-6.54% Mar 12, 2012 - May 16, 2012	-4.81% Mar 28, 2024 - Jul 29, 2024
#14	-4.92% Jan 27, 2021 - Apr 13, 2021	-4.35% Jan 12, 2021 - Feb 23, 2021
#15	-4.73% Nov 30, 2006 - Feb 12, 2007	-4.10% Apr 17, 2018 - May 15, 2018

Correlation

Correlation between NEA and KNG is 0.48 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.48

-101

Dividend Comparison (2003 - 2026)

NEA vs KNG dividend yield comparison.

Year	NEA	KNG
2026	2.34%	2.92%
2025	7.36%	8.61%
2024	6.63%	9.08%
2023	3.95%	5.91%
2022	5.49%	4.00%
2021	4.50%	3.45%
2020	4.45%	3.62%
2019	4.46%	4.09%
2018	5.40%	3.46%
2017	5.33%	0.00%
2016	5.70%	0.00%
2015	5.71%	0.00%
2014	5.95%	0.00%
2013	6.24%	0.00%
2012	5.65%	0.00%
2011	5.64%	0.00%
2010	6.09%	0.00%
2009	5.37%	0.00%
2008	6.81%	0.00%
2007	4.93%	0.00%
2006	5.10%	0.00%
2005	5.93%	0.00%
2004	6.81%	0.00%
2003	6.11%	0.00%