NMS vs GROZ

Comparison between Nuveen Minnesota Quality Municipal Income Fund (NMS, ETF) and ZACKS FOCUS GROWTH ETF (GROZ, ETF).

NMS vs GROZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NMS(ETF)	GROZ(ETF)
Net Assets	$76M	$76M
Expense Ratio	N/A	0.55%
Max Drawdown	47.88%	23.33%
Sharpe Ratio	1.47	1.27
5Y Beta	0.05	1.17
P/E Ratio	N/A	36.23
Forward P/E	N/A	29.90
PEG Ratio	N/A	0.58
5Y Dividends CAGR	7.77%	N/A
5Y EPS CAGR	N/A	35.40%
Debt to Equity	N/A	6.45%
P/S Ratio	N/A	6.54
P/B Ratio	N/A	11.42

Net Assets

NMS

$76M

GROZ

$76M

Expense Ratio

NMS

N/A

GROZ

0.55%

Max Drawdown

NMS

47.88%

Winner

GROZ

23.33%

Sharpe Ratio

Winner

NMS

1.47

GROZ

1.27

5Y Beta

Winner

NMS

0.05

GROZ

1.17

P/E Ratio

NMS

N/A

GROZ

36.23

Forward P/E

NMS

N/A

GROZ

29.90

PEG Ratio

NMS

N/A

GROZ

0.58

5Y Dividends CAGR

NMS

7.77%

GROZ

N/A

5Y EPS CAGR

NMS

N/A

GROZ

35.40%

Debt to Equity

NMS

N/A

GROZ

6.45%

P/S Ratio

NMS

N/A

GROZ

6.54

P/B Ratio

NMS

N/A

GROZ

11.42

NMS vs GROZ - Historical Returns

Returns include dividend reinvestment.

Period	NMS	GROZ
1 month	+1.54%	+1.24%
3 months	+3.77%	+8.23%
6 months	+6.39%	+4.15%
1 year	+15.71%	+25.94%
5 years(CAGR)	-0.16%	N/A
10 years(CAGR)	+1.81%	N/A
Max(CAGR)	+3.32%	+15.81%

Winner

NMS

+1.54%

GROZ

+1.24%

NMS

+3.77%

Winner

GROZ

+8.23%

Winner

NMS

+6.39%

GROZ

+4.15%

NMS

+15.71%

Winner

GROZ

+25.94%

5Y(CAGR)

NMS

-0.16%

GROZ

N/A

10Y(CAGR)

NMS

+1.81%

GROZ

N/A

Max(CAGR)

NMS

+3.32%

Winner

GROZ

+15.81%

NMS vs GROZ - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	NMS	GROZ
2026	+8.15%	+4.52%
2025	+2.31%	+20.51%
2024	+18.82%	-1.80%
2023	-0.21%	N/A
2022	-22.04%	N/A
2021	+6.60%	N/A
2020	+7.38%	N/A
2019	+23.39%	N/A
2018	-12.96%	N/A
2017	-4.05%	N/A
2016	+12.86%	N/A
2015	+6.24%	N/A
2014	-3.37%	N/A

NMS vs GROZ Drawdown Comparison

The maximum drawdown for NMS was -38.76%, occurring on Oct 25, 2023. This drawdown has not yet recovered.

The maximum drawdown for GROZ was -23.33%, occurring on Apr 8, 2025. Recovery took 106 trading sessions.

The current NMS drawdown is -2.97%. The current GROZ drawdown is -3.89%.

Rank	NMS	GROZ
#1	-38.76% Sep 16, 2021 - Oct 25, 2023	-23.33% Jan 23, 2025 - Jun 26, 2025
#2	-25.42% Sep 30, 2016 - Aug 11, 2020	-13.67% Oct 29, 2025 - May 1, 2026
#3	-7.35% Aug 19, 2020 - Oct 27, 2020	-5.73% Dec 16, 2024 - Jan 23, 2025
#4	-7.31% Mar 18, 2015 - Jan 29, 2016	-3.89% Jun 1, 2026 - Jun 5, 2026
#5	-6.32% Nov 6, 2014 - Jan 27, 2015	-2.99% Oct 8, 2025 - Oct 23, 2025
#6	-5.93% Jun 23, 2021 - Sep 14, 2021	-2.87% Aug 12, 2025 - Aug 28, 2025
#7	-5.58% Oct 15, 2014 - Nov 6, 2014	-2.37% May 14, 2026 - May 28, 2026
#8	-5.15% May 4, 2021 - Jun 23, 2021	-2.33% Jul 28, 2025 - Aug 6, 2025
#9	-4.27% Aug 15, 2016 - Sep 30, 2016	-2.06% Sep 22, 2025 - Oct 1, 2025
#10	-4.04% Apr 13, 2016 - Jun 6, 2016	-1.88% Aug 28, 2025 - Sep 4, 2025
#11	-4.00% Jul 6, 2016 - Aug 5, 2016	-1.45% Jun 30, 2025 - Jul 3, 2025
#12	-3.76% Jun 17, 2016 - Jul 6, 2016	-1.06% Jul 21, 2025 - Jul 25, 2025
#13	-3.60% Oct 27, 2020 - Nov 17, 2020	-1.01% Dec 6, 2024 - Dec 11, 2024
#14	-3.53% Feb 11, 2021 - Apr 14, 2021	-0.99% Jul 3, 2025 - Jul 9, 2025
#15	-2.67% Feb 11, 2016 - Feb 25, 2016	-0.71% Oct 1, 2025 - Oct 6, 2025

Correlation

Correlation between NMS and GROZ is 0.71 which considered as a strong positive correlation - the stocks tend to move together.

0.71

-101

Dividend Comparison (2014 - 2026)

NMS vs GROZ dividend yield comparison.

Year	NMS	GROZ
2026	2.70%	0.00%
2025	7.29%	0.04%
2024	6.05%	0.00%
2023	4.03%	0.00%
2022	5.24%	0.00%
2021	4.19%	0.00%
2020	3.93%	0.00%
2019	4.05%	0.00%
2018	5.52%	0.00%
2017	5.20%	0.00%
2016	4.68%	0.00%
2015	5.60%	0.00%
2014	0.96%	0.00%