NMAI vs WNC

Comparison between Nuveen Multi-Asset Income Fund (NMAI, Company) and Wabash National Corp (WNC, Company).

NMAI is from the Financial Services sector, while WNC is from the Industrials sector.

5-Year PerformanceNMAI has outperformed WNC, delivering a return of +5.9% compared to -3.4%

NMAI vs WNC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NMAI(COMPANY)	WNC(COMPANY)
Market Cap	$464M	$462M
Max Drawdown	45.12%	98.26%
Sharpe Ratio	1.55	0.45
5Y Beta	0.58	1.17
Industry	Asset Management	Farm & Heavy Construction Machinery
P/E Ratio	3.96	-7.14
Forward P/E	N/A	8.56
PEG Ratio	N/A	-1.31
Dividend Yield	N/A	3.45%
5Y Dividends CAGR	N/A	10.76%
Debt to Equity	44.54%	155.34%
Free Cash Flow Yield	4.81%	-8.91%

Market Cap

Winner

NMAI

$464M

WNC

$462M

Max Drawdown

Winner

NMAI

45.12%

WNC

98.26%

Sharpe Ratio

Winner

NMAI

1.55

WNC

0.45

5Y Beta

Winner

NMAI

0.58

WNC

1.17

Industry

NMAI

Asset Management

WNC

Farm & Heavy Construction Machinery

P/E Ratio

NMAI

3.96

Winner

WNC

-7.14

Forward P/E

NMAI

N/A

WNC

8.56

PEG Ratio

NMAI

N/A

WNC

-1.31

Dividend Yield

NMAI

N/A

WNC

3.45%

5Y Dividends CAGR

NMAI

N/A

WNC

10.76%

Debt to Equity

Winner

NMAI

44.54%

WNC

155.34%

Free Cash Flow Yield

Winner

NMAI

4.81%

WNC

-8.91%

NMAI vs WNC - Historical Returns

Returns include dividend reinvestment.

Period	NMAI	WNC
1 month	-0.74%	+67.06%
3 months	+12.13%	+47.20%
6 months	+14.30%	+24.28%
1 year	+25.96%	+12.95%
5 years(CAGR)	+5.92%	-3.44%
10 years(CAGR)	N/A	+0.57%
Max(CAGR)	+5.92%	-0.17%

NMAI

-0.74%

Winner

WNC

+67.06%

NMAI

+12.13%

Winner

WNC

+47.20%

NMAI

+14.30%

Winner

WNC

+24.28%

Winner

NMAI

+25.96%

WNC

+12.95%

5Y(CAGR)

Winner

NMAI

+5.92%

WNC

-3.44%

10Y(CAGR)

NMAI

N/A

WNC

+0.57%

Max(CAGR)

Winner

NMAI

+5.92%

WNC

-0.17%

NMAI vs WNC - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NMAI	WNC
2026	+12.72%	+29.28%
2025	+19.47%	-47.68%
2024	+12.77%	-31.43%
2023	+18.35%	+12.34%
2022	-26.82%	+16.08%
2021	-1.72%	+18.33%
2020	N/A	+21.56%
2019	N/A	+13.95%
2018	N/A	-39.58%
2017	N/A	+35.38%
2016	N/A	+32.61%
2015	N/A	-3.59%
2014	N/A	+0.65%
2013	N/A	+26.93%
2012	N/A	+11.99%
2011	N/A	-33.22%
2010	N/A	+513.99%
2009	N/A	-56.35%
2008	N/A	-40.34%
2007	N/A	-47.80%
2006	N/A	-19.26%
2005	N/A	-26.62%
2004	N/A	-8.84%
2003	N/A	+244.71%
2002	N/A	+8.13%
2001	N/A	-7.11%
2000	N/A	-38.41%
1999	N/A	-4.40%

NMAI vs WNC Drawdown Comparison

The maximum drawdown for NMAI was -35.52%, occurring on Sep 30, 2022. Recovery took 654 trading sessions.

The maximum drawdown for WNC was -98.17%, occurring on Jul 16, 2009. Recovery took 4580 trading sessions.

The current NMAI drawdown is -1.58%. The current WNC drawdown is -59.87%.

Rank	NMAI	WNC
#1	-35.52% Jan 18, 2022 - Aug 26, 2024	-98.17% Sep 13, 2004 - Nov 18, 2022
#2	-13.08% Sep 23, 2024 - May 16, 2025	-78.80% Mar 23, 2000 - Jul 31, 2003
#3	-11.87% Feb 27, 2026 - Apr 14, 2026	-76.37% Mar 28, 2024 - Apr 30, 2025
#4	-8.10% Nov 22, 2021 - Jan 14, 2022	-31.02% Feb 6, 2023 - Mar 28, 2024
#5	-4.99% May 15, 2026 - Jun 10, 2026	-25.54% Dec 19, 2003 - Sep 13, 2004
#6	-4.01% Nov 12, 2025 - Dec 1, 2025	-18.41% Sep 9, 2003 - Oct 21, 2003
#7	-3.49% Dec 5, 2025 - Jan 9, 2026	-17.23% Nov 2, 1999 - Mar 20, 2000
#8	-2.53% Jul 25, 2025 - Aug 12, 2025	-13.04% Dec 2, 2022 - Feb 1, 2023
#9	-2.24% Oct 9, 2025 - Oct 27, 2025	-9.60% Nov 7, 2003 - Nov 25, 2003
#10	-1.93% Jun 10, 2025 - Jun 30, 2025	-8.12% Sep 2, 2003 - Sep 8, 2003
#11	-1.90% Apr 15, 2026 - Apr 29, 2026	-7.53% Dec 1, 2003 - Dec 17, 2003
#12	-1.63% Aug 30, 2024 - Sep 13, 2024	-5.57% Aug 21, 2003 - Sep 2, 2003
#13	-1.54% Sep 18, 2025 - Sep 30, 2025	-4.73% Jul 31, 2003 - Aug 19, 2003
#14	-1.54% Feb 4, 2026 - Feb 9, 2026	-4.58% Nov 18, 2022 - Dec 2, 2022
#15	-1.53% May 20, 2025 - Jun 2, 2025	-1.67% Oct 21, 2003 - Oct 27, 2003

Correlation

Correlation between NMAI and WNC is -0.68 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.68

-101

Dividend Comparison (2000 - 2026)

NMAI vs WNC dividend yield comparison.

Year	NMAI	WNC
2026	5.01%	1.41%
2025	9.89%	3.70%
2024	13.73%	1.87%
2023	10.57%	1.25%
2022	19.45%	1.42%
2021	1.88%	1.64%
2020	0.00%	1.39%
2019	0.00%	2.72%
2018	0.00%	2.29%
2017	0.00%	1.38%
2008	0.00%	3.00%
2007	0.00%	2.34%
2006	0.00%	1.19%
2005	0.00%	1.21%
2001	0.00%	1.67%
2000	0.00%	1.86%