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NIE vs PCEF

Comparison between Virtus Equity & Convertible Income Fund (NIE, ETF) and INVESCO CEF INCOME COMPOSITE ETF (PCEF, ETF).

5-Year PerformanceNIE has outperformed PCEF, delivering a return of +10.1% compared to +5.0%

NIE vs PCEF - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
NIE
$834M
PCEF
$831M
Expense Ratio
NIE
N/A
PCEF
2.71%
Max Drawdown
NIE
63.84%
Winner
PCEF
45.96%
Sharpe Ratio
Winner
NIE
1.41
PCEF
0.82
5Y Beta
NIE
0.87
Winner
PCEF
0.59
5Y Dividends CAGR
Winner
NIE
11.38%
PCEF
-1.12%

NIE vs PCEF - Historical Returns

Returns include dividend reinvestment.

1M
NIE
+0.23%
Winner
PCEF
+0.69%
3M
Winner
NIE
+6.53%
PCEF
+4.01%
6M
Winner
NIE
+8.14%
PCEF
+4.72%
1Y
Winner
NIE
+21.67%
PCEF
+11.55%
5Y(CAGR)
Winner
NIE
+10.10%
PCEF
+4.96%
10Y(CAGR)
Winner
NIE
+13.58%
PCEF
+7.06%
Max(CAGR)
Winner
NIE
+9.51%
PCEF
+6.92%

NIE vs PCEF - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

YearNIEPCEF
2026+10.69%+5.96%
2025+15.68%+12.41%
2024+30.10%+16.34%
2023+25.76%+8.35%
2022-27.06%-18.65%
2021+19.62%+16.44%
2020+32.12%+4.56%
2019+29.25%+22.63%
2018-6.49%-9.18%
2017+21.91%+13.66%
2016+12.12%+14.58%
2015-5.39%-1.55%
2014+13.87%+5.21%
2013+23.03%+2.76%
2012+11.55%+14.15%
2011-9.28%+0.18%
2010+16.88%+8.37%
2009+39.29%N/A
2008-37.43%N/A
2007-4.09%N/A

NIE vs PCEF Drawdown Comparison

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

The maximum drawdown for PCEF was -38.59%, occurring on Mar 23, 2020. Recovery took 209 trading sessions.

The current NIE drawdown is -1.34%. The current PCEF drawdown is -0.72%.

RankNIEPCEF
#1-57.98%
Jun 18, 2007 - Nov 5, 2010
-38.59%
Feb 20, 2020 - Dec 16, 2020
#2-39.10%
Feb 19, 2020 - Jul 14, 2020
-24.21%
Nov 8, 2021 - Aug 21, 2024
#3-30.98%
Dec 28, 2021 - Mar 26, 2024
-14.90%
Jul 7, 2011 - Feb 7, 2012
#4-24.95%
Aug 29, 2018 - Jul 19, 2019
-14.09%
Feb 19, 2025 - Jun 12, 2025
#5-24.08%
Apr 6, 2011 - Jan 23, 2013
-13.67%
Aug 29, 2018 - Mar 15, 2019
#6-20.78%
Jan 22, 2025 - Jul 21, 2025
-13.62%
Apr 28, 2015 - May 27, 2016
#7-18.12%
Nov 26, 2014 - Jul 8, 2016
-11.76%
Apr 26, 2010 - Sep 9, 2010
#8-10.51%
Jul 10, 2024 - Oct 8, 2024
-10.50%
May 21, 2013 - Mar 31, 2014
#9-9.62%
Jan 26, 2018 - Jun 5, 2018
-8.30%
Feb 25, 2026 - Apr 30, 2026
#10-9.59%
Feb 17, 2021 - Apr 13, 2021
-7.29%
Oct 8, 2012 - Jan 2, 2013
#11-9.02%
Jan 12, 2026 - Apr 14, 2026
-6.77%
Jul 23, 2014 - Apr 10, 2015
#12-8.31%
May 21, 2013 - Sep 18, 2013
-6.53%
Sep 8, 2016 - Jan 4, 2017
#13-8.17%
Aug 23, 2016 - Dec 20, 2016
-6.00%
Nov 8, 2010 - Mar 30, 2011
#14-7.75%
Sep 2, 2020 - Oct 12, 2020
-5.42%
May 1, 2012 - Jul 11, 2012
#15-7.01%
Sep 18, 2014 - Oct 31, 2014
-5.03%
Jan 12, 2018 - Aug 27, 2018

Correlation

Correlation between NIE and PCEF is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98
-101

Dividend Comparison (2007 - 2026)

NIE vs PCEF dividend yield comparison.

YearNIEPCEF
20264.08%4.39%
202510.14%7.96%
20248.11%8.79%
20239.56%9.86%
202221.81%8.93%
202110.86%6.67%
20205.37%7.54%
20196.71%7.12%
20188.20%8.21%
20177.19%6.96%
20168.25%7.72%
20158.46%9.18%
20146.38%8.02%
20136.97%8.13%
20126.73%7.39%
20117.18%8.80%
20106.15%7.59%
20096.76%0.00%
200819.06%0.00%
20077.56%0.00%

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