NKX vs XVV

Comparison between Nuveen California AMT-Free Quality Municipal Income Fund (NKX, ETF) and ISHARES ESG SELECT SCREENED S&P 500 ETF (XVV, ETF).

5-Year PerformanceXVV has outperformed NKX, delivering a return of +13.1% compared to +0.5%

NKX vs XVV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NKX(ETF)	XVV(ETF)
Net Assets	$655M	$653M
Expense Ratio	N/A	0.08%
Max Drawdown	48.99%	27.99%
Sharpe Ratio	1.27	1.35
5Y Beta	0.12	1.02
P/E Ratio	N/A	27.75
Forward P/E	N/A	22.20
5Y Dividends CAGR	6.78%	25.81%
5Y EPS CAGR	N/A	26.76%
Debt to Equity	N/A	27.43%
P/S Ratio	N/A	3.82
P/B Ratio	N/A	5.73

Net Assets

Winner

NKX

$655M

XVV

$653M

Expense Ratio

NKX

N/A

XVV

0.08%

Max Drawdown

NKX

48.99%

Winner

XVV

27.99%

Sharpe Ratio

NKX

1.27

Winner

XVV

1.35

5Y Beta

Winner

NKX

0.12

XVV

1.02

P/E Ratio

NKX

N/A

XVV

27.75

Forward P/E

NKX

N/A

XVV

22.20

5Y Dividends CAGR

NKX

6.78%

Winner

XVV

25.81%

5Y EPS CAGR

NKX

N/A

XVV

26.76%

Debt to Equity

NKX

N/A

XVV

27.43%

P/S Ratio

NKX

N/A

XVV

3.82

P/B Ratio

NKX

N/A

XVV

5.73

NKX vs XVV - Historical Returns

Returns include dividend reinvestment.

Period	NKX	XVV
1 month	+0.99%	+0.02%
3 months	-0.82%	+10.87%
6 months	+2.75%	+9.29%
1 year	+15.76%	+23.99%
5 years(CAGR)	+0.45%	+13.08%
10 years(CAGR)	+2.20%	N/A
Max(CAGR)	+4.90%	+16.74%

Winner

NKX

+0.99%

XVV

+0.02%

NKX

-0.82%

Winner

XVV

+10.87%

NKX

+2.75%

Winner

XVV

+9.29%

NKX

+15.76%

Winner

XVV

+23.99%

5Y(CAGR)

NKX

+0.45%

Winner

XVV

+13.08%

10Y(CAGR)

NKX

+2.20%

XVV

N/A

Max(CAGR)

NKX

+4.90%

Winner

XVV

+16.74%

NKX vs XVV - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	NKX	XVV
2026	+2.89%	+7.33%
2025	+4.64%	+17.90%
2024	+16.57%	+26.84%
2023	-3.34%	+30.13%
2022	-18.48%	-21.90%
2021	+4.57%	+31.27%
2020	+7.61%	+16.13%
2019	+23.74%	N/A
2018	-13.29%	N/A
2017	+12.78%	N/A
2016	-1.75%	N/A
2015	+11.55%	N/A
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 XVV Drawdown Comparison

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

The maximum drawdown for XVV was -27.20%, occurring on Oct 12, 2022. Recovery took 494 trading sessions.

The current NKX drawdown is -2.99%. The current XVV drawdown is -2.79%.

Rank	NKX	XVV
#1	-43.86% Jan 14, 2008 - Sep 16, 2009	-27.20% Dec 29, 2021 - Dec 15, 2023
#2	-35.62% Nov 12, 2021 - Feb 11, 2026	-19.59% Feb 19, 2025 - Jun 26, 2025
#3	-27.52% Feb 7, 2020 - Aug 10, 2020	-10.59% Jan 9, 2026 - Apr 15, 2026
#4	-23.95% Nov 30, 2012 - Dec 10, 2014	-9.16% Jul 16, 2024 - Sep 19, 2024
#5	-19.95% Sep 8, 2016 - Jul 19, 2019	-7.74% Oct 12, 2020 - Nov 9, 2020
#6	-19.40% Aug 16, 2010 - Oct 27, 2011	-5.88% Mar 28, 2024 - May 15, 2024
#7	-15.06% Jun 13, 2003 - Sep 20, 2004	-5.51% Sep 3, 2021 - Oct 21, 2021
#8	-12.43% Apr 23, 2007 - Jan 14, 2008	-5.19% Oct 28, 2025 - Dec 10, 2025
#9	-9.74% Feb 11, 2026 - Mar 30, 2026	-4.67% Jun 2, 2026 - Jun 10, 2026
#10	-9.66% Oct 8, 2009 - Jun 18, 2010	-4.47% Feb 12, 2021 - Mar 15, 2021
#11	-9.63% Jun 2, 2006 - Oct 4, 2006	-4.25% Dec 11, 2024 - Jan 22, 2025
#12	-8.70% May 31, 2005 - Jan 23, 2006	-4.19% Nov 19, 2021 - Dec 10, 2021
#13	-7.75% Feb 15, 2012 - May 1, 2012	-4.16% May 7, 2021 - Jun 10, 2021
#14	-7.27% Jan 30, 2015 - Oct 8, 2015	-3.33% Jan 21, 2021 - Feb 4, 2021
#15	-6.76% Mar 14, 2005 - May 31, 2005	-3.05% Dec 10, 2021 - Dec 23, 2021

Correlation

Correlation between NKX and XVV is 0.47 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.47

-101

Dividend Comparison (2003 - 2026)

NKX vs XVV dividend yield comparison.

Year	NKX	XVV
2026	3.65%	0.45%
2025	7.33%	0.94%
2024	6.14%	1.05%
2023	4.38%	1.25%
2022	5.17%	1.57%
2021	4.21%	0.81%
2020	4.05%	0.31%
2019	4.06%	0.00%
2018	5.25%	0.00%
2017	5.06%	0.00%
2016	6.18%	0.00%
2015	5.66%	0.00%
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%