NKX vs ISCF

Comparison between Nuveen California AMT-Free Quality Municipal Income Fund (NKX, ETF) and ISHARES INTERNATIONAL SMALL-CAP EQUITY FACTOR ETF (ISCF, ETF).

5-Year PerformanceISCF has outperformed NKX, delivering a return of +7.8% compared to +0.5%

NKX vs ISCF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NKX(ETF)	ISCF(ETF)
Net Assets	$655M	$652M
Expense Ratio	N/A	0.24%
Max Drawdown	48.99%	43.64%
Sharpe Ratio	1.27	1.08
5Y Beta	0.12	0.71
5Y Dividends CAGR	6.78%	14.89%

Net Assets

Winner

NKX

$655M

ISCF

$652M

Expense Ratio

NKX

N/A

ISCF

0.24%

Max Drawdown

NKX

48.99%

Winner

ISCF

43.64%

Sharpe Ratio

Winner

NKX

1.27

ISCF

1.08

5Y Beta

Winner

NKX

0.12

ISCF

0.71

5Y Dividends CAGR

NKX

6.78%

Winner

ISCF

14.89%

NKX vs ISCF - Historical Returns

Returns include dividend reinvestment.

Period	NKX	ISCF
1 month	+0.99%	+0.12%
3 months	-0.82%	+4.88%
6 months	+2.75%	+9.91%
1 year	+15.76%	+21.65%
5 years(CAGR)	+0.45%	+7.83%
10 years(CAGR)	+2.20%	+9.59%
Max(CAGR)	+4.90%	+8.50%

Winner

NKX

+0.99%

ISCF

+0.12%

NKX

-0.82%

Winner

ISCF

+4.88%

NKX

+2.75%

Winner

ISCF

+9.91%

NKX

+15.76%

Winner

ISCF

+21.65%

5Y(CAGR)

NKX

+0.45%

Winner

ISCF

+7.83%

10Y(CAGR)

NKX

+2.20%

Winner

ISCF

+9.59%

Max(CAGR)

NKX

+4.90%

Winner

ISCF

+8.50%

NKX vs ISCF - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	NKX	ISCF
2026	+2.89%	+6.73%
2025	+4.64%	+34.44%
2024	+16.57%	+6.29%
2023	-3.34%	+11.76%
2022	-18.48%	-15.12%
2021	+4.57%	+12.61%
2020	+7.61%	+6.63%
2019	+23.74%	+26.29%
2018	-13.29%	-19.49%
2017	+12.78%	+37.47%
2016	-1.75%	-1.26%
2015	+11.55%	+1.67%
2014	+28.02%	N/A
2013	-13.32%	N/A
2012	+6.03%	N/A
2011	+28.66%	N/A
2010	+2.31%	N/A
2009	+26.36%	N/A
2008	-24.06%	N/A
2007	+0.18%	N/A
2006	+14.75%	N/A
2005	+0.57%	N/A
2004	+9.14%	N/A
2003	+0.81%	N/A

NKX vs ISCF Drawdown Comparison

The maximum drawdown for NKX was -43.86%, occurring on Oct 10, 2008. Recovery took 422 trading sessions.

The maximum drawdown for ISCF was -40.80%, occurring on Mar 23, 2020. Recovery took 720 trading sessions.

The current NKX drawdown is -2.99%. The current ISCF drawdown is -2.34%.

Rank	NKX	ISCF
#1	-43.86% Jan 14, 2008 - Sep 16, 2009	-40.80% Jan 26, 2018 - Dec 4, 2020
#2	-35.62% Nov 12, 2021 - Feb 11, 2026	-30.65% Sep 3, 2021 - Sep 19, 2024
#3	-27.52% Feb 7, 2020 - Aug 10, 2020	-17.18% Jul 9, 2015 - Sep 26, 2016
#4	-23.95% Nov 30, 2012 - Dec 10, 2014	-13.25% Mar 19, 2025 - Apr 24, 2025
#5	-19.95% Sep 8, 2016 - Jul 19, 2019	-11.34% Feb 26, 2026 - Mar 27, 2026
#6	-19.40% Aug 16, 2010 - Oct 27, 2011	-9.19% Sep 26, 2024 - Mar 17, 2025
#7	-15.06% Jun 13, 2003 - Sep 20, 2004	-7.97% Sep 28, 2016 - Feb 3, 2017
#8	-12.43% Apr 23, 2007 - Jan 14, 2008	-6.33% Oct 6, 2025 - Dec 11, 2025
#9	-9.74% Feb 11, 2026 - Mar 30, 2026	-6.17% May 22, 2015 - Jul 9, 2015
#10	-9.66% Oct 8, 2009 - Jun 18, 2010	-4.82% Feb 16, 2021 - Mar 17, 2021
#11	-9.63% Jun 2, 2006 - Oct 4, 2006	-4.11% Jun 14, 2021 - Jul 26, 2021
#12	-8.70% May 31, 2005 - Jan 23, 2006	-3.92% May 7, 2021 - May 28, 2021
#13	-7.75% Feb 15, 2012 - May 1, 2012	-3.53% Jul 23, 2025 - Aug 12, 2025
#14	-7.27% Jan 30, 2015 - Oct 8, 2015	-3.10% Jan 21, 2021 - Feb 5, 2021
#15	-6.76% Mar 14, 2005 - May 31, 2005	-3.09% Aug 3, 2021 - Aug 30, 2021

Correlation

Correlation between NKX and ISCF is 0.73 which considered as a strong positive correlation - the stocks tend to move together.

0.73

-101

Dividend Comparison (2003 - 2026)

NKX vs ISCF dividend yield comparison.

Year	NKX	ISCF
2026	3.65%	1.87%
2025	7.33%	3.76%
2024	6.14%	4.29%
2023	4.38%	3.94%
2022	5.17%	2.73%
2021	4.21%	3.93%
2020	4.05%	2.30%
2019	4.06%	2.87%
2018	5.25%	2.14%
2017	5.06%	1.97%
2016	6.18%	2.89%
2015	5.66%	1.46%
2014	5.24%	0.00%
2013	7.03%	0.00%
2012	5.64%	0.00%
2011	5.62%	0.00%
2010	6.56%	0.00%
2009	5.91%	0.00%
2008	7.35%	0.00%
2007	4.93%	0.00%
2006	4.85%	0.00%
2005	5.87%	0.00%
2004	6.27%	0.00%
2003	5.83%	0.00%