NIE vs ISHG

Comparison between Virtus Equity & Convertible Income Fund (NIE, ETF) and ISHARES 1-3 YEAR INTERNATIONAL TREASURY BOND ETF (ISHG, ETF).

5-Year PerformanceNIE has outperformed ISHG, delivering a return of +9.4% compared to -0.9%

NIE vs ISHG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NIE(ETF)	ISHG(ETF)
Net Assets	$834M	$831M
Expense Ratio	N/A	0.35%
Max Drawdown	63.84%	42.96%
Sharpe Ratio	1.34	-0.69
5Y Beta	0.86	0.03
5Y Dividends CAGR	11.38%	N/A

Net Assets

Winner

NIE

$834M

ISHG

$831M

Expense Ratio

NIE

N/A

ISHG

0.35%

Max Drawdown

NIE

63.84%

Winner

ISHG

42.96%

Sharpe Ratio

Winner

NIE

1.34

ISHG

-0.69

5Y Beta

NIE

0.86

Winner

ISHG

0.03

5Y Dividends CAGR

NIE

11.38%

ISHG

N/A

NIE vs ISHG - Historical Returns

Returns include dividend reinvestment.

Period	NIE	ISHG
1 month	-0.72%	-0.12%
3 months	+4.19%	-2.09%
6 months	+5.89%	-2.95%
1 year	+19.86%	-1.89%
5 years(CAGR)	+9.42%	-0.91%
10 years(CAGR)	+13.36%	-0.14%
Max(CAGR)	+9.40%	-0.69%

NIE

-0.72%

Winner

ISHG

-0.12%

Winner

NIE

+4.19%

ISHG

-2.09%

Winner

NIE

+5.89%

ISHG

-2.95%

Winner

NIE

+19.86%

ISHG

-1.89%

5Y(CAGR)

Winner

NIE

+9.42%

ISHG

-0.91%

10Y(CAGR)

Winner

NIE

+13.36%

ISHG

-0.14%

Max(CAGR)

Winner

NIE

+9.40%

ISHG

-0.69%

NIE vs ISHG - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	NIE	ISHG
2026	+8.69%	-1.63%
2025	+15.68%	+14.14%
2024	+30.10%	-3.11%
2023	+25.76%	+4.98%
2022	-27.06%	-10.41%
2021	+19.62%	-7.29%
2020	+32.12%	+7.71%
2019	+29.25%	-0.18%
2018	-6.49%	-3.81%
2017	+21.91%	+11.12%
2016	+12.12%	-1.77%
2015	-5.39%	-6.94%
2014	+13.87%	-9.81%
2013	+23.03%	-2.37%
2012	+11.55%	+1.41%
2011	-9.28%	-2.94%
2010	+16.88%	+0.59%
2009	+39.29%	+7.31%
2008	-37.43%	N/A
2007	-4.09%	N/A

NIE vs ISHG Drawdown Comparison

The maximum drawdown for NIE was -57.98%, occurring on Nov 20, 2008. Recovery took 855 trading sessions.

The maximum drawdown for ISHG was -37.24%, occurring on Sep 27, 2022. This drawdown has not yet recovered.

The current NIE drawdown is -3.13%. The current ISHG drawdown is -23.62%.

Rank	NIE	ISHG
#1	-57.98% Jun 18, 2007 - Nov 5, 2010	-37.24% May 4, 2011 - Sep 27, 2022
#2	-39.10% Feb 19, 2020 - Jul 14, 2020	-15.06% Dec 1, 2009 - Mar 21, 2011
#3	-30.98% Dec 28, 2021 - Mar 26, 2024	-5.65% Jan 28, 2009 - Mar 19, 2009
#4	-24.95% Aug 29, 2018 - Jul 19, 2019	-4.09% Mar 19, 2009 - May 8, 2009
#5	-24.08% Apr 6, 2011 - Jan 23, 2013	-3.93% Jun 2, 2009 - Jul 22, 2009
#6	-20.78% Jan 22, 2025 - Jul 21, 2025	-2.10% Aug 3, 2009 - Sep 8, 2009
#7	-18.12% Nov 26, 2014 - Jul 8, 2016	-1.78% Oct 21, 2009 - Nov 16, 2009
#8	-10.51% Jul 10, 2024 - Oct 8, 2024	-1.61% Mar 21, 2011 - Apr 12, 2011
#9	-9.62% Jan 26, 2018 - Jun 5, 2018	-1.30% Jul 22, 2009 - Jul 31, 2009
#10	-9.59% Feb 17, 2021 - Apr 13, 2021	-1.01% Nov 16, 2009 - Nov 25, 2009
#11	-9.02% Jan 12, 2026 - Apr 14, 2026	-0.91% Sep 17, 2009 - Oct 6, 2009
#12	-8.31% May 21, 2013 - Sep 18, 2013	-0.90% May 22, 2009 - May 29, 2009
#13	-8.17% Aug 23, 2016 - Dec 20, 2016	-0.90% Oct 8, 2009 - Oct 14, 2009
#14	-7.75% Sep 2, 2020 - Oct 12, 2020	-0.87% Apr 14, 2011 - Apr 20, 2011
#15	-7.01% Sep 18, 2014 - Oct 31, 2014	-0.69% May 14, 2009 - May 19, 2009

Correlation

Correlation between NIE and ISHG is -0.65 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.65

-101

Dividend Comparison (2007 - 2026)

NIE vs ISHG dividend yield comparison.

Year	NIE	ISHG
2026	4.15%	0.00%
2025	10.14%	1.45%
2024	8.11%	2.56%
2023	9.56%	0.18%
2022	21.81%	0.00%
2021	10.86%	1.29%
2020	5.37%	0.00%
2019	6.71%	0.00%
2018	8.20%	1.80%
2017	7.19%	0.46%
2016	8.25%	0.00%
2015	8.46%	0.09%
2014	6.38%	0.42%
2013	6.97%	0.20%
2012	6.73%	1.55%
2011	7.18%	4.51%
2010	6.15%	0.97%
2009	6.76%	1.15%
2008	19.06%	0.00%
2007	7.56%	0.00%