NMS vs LNOK
Comparison between Nuveen Minnesota Quality Municipal Income Fund (NMS, ETF) and DEFIANCE DAILY TARGET 2X LONG NOK ETF (LNOK, ETF).
NMS vs LNOK - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
NMS
$76M
LNOK
$76M
Max Drawdown
Winner
NMS
47.88%
LNOK
67.95%
Sharpe Ratio
NMS
1.46
Winner
LNOK
1.68
5Y Beta
Winner
NMS
0.05
LNOK
4.09
5Y Dividends CAGR
NMS
6.98%
LNOK
N/A
NMS vs LNOK - Historical Returns
Returns include dividend reinvestment.
1M
Winner
NMS
+2.41%
LNOK
-49.55%
3M
Winner
NMS
+2.73%
LNOK
-16.39%
6M
NMS
+7.10%
Winner
LNOK
+98.07%
1Y
NMS
+16.71%
LNOK
N/A
5Y(CAGR)
NMS
+0.76%
LNOK
N/A
10Y(CAGR)
NMS
+1.72%
LNOK
N/A
Max(CAGR)
NMS
+3.30%
Winner
LNOK
+297.16%
NMS vs LNOK - Annual Returns (2014 - 2026)
Returns include dividend reinvestment.
| Year | NMS | LNOK |
|---|---|---|
| 2026 | +8.35% | +98.07% |
| 2025 | +2.31% | N/A |
| 2024 | +18.82% | N/A |
| 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 LNOK 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 LNOK was -67.95%, occurring on Jul 17, 2026. This drawdown has not yet recovered.
The current NMS drawdown is -2.79%. The current LNOK drawdown is -64.47%.
| Rank | NMS | LNOK |
|---|---|---|
| #1 | -38.76% Sep 16, 2021 - Oct 25, 2023 | -67.95% Jun 2, 2026 - Jul 17, 2026 |
| #2 | -25.42% Sep 30, 2016 - Aug 11, 2020 | -19.64% May 26, 2026 - Jun 2, 2026 |
| #3 | -7.35% Aug 19, 2020 - Oct 27, 2020 | -18.24% Jan 27, 2026 - Feb 6, 2026 |
| #4 | -7.31% Mar 18, 2015 - Jan 29, 2016 | -17.06% Mar 16, 2026 - Apr 2, 2026 |
| #5 | -6.32% Nov 6, 2014 - Jan 27, 2015 | -16.81% May 5, 2026 - May 11, 2026 |
| #6 | -5.93% Jun 23, 2021 - Sep 14, 2021 | -15.42% May 13, 2026 - May 22, 2026 |
| #7 | -5.58% Oct 15, 2014 - Nov 6, 2014 | -15.30% Apr 20, 2026 - Apr 27, 2026 |
| #8 | -5.15% May 4, 2021 - Jun 23, 2021 | -11.92% Mar 2, 2026 - Mar 16, 2026 |
| #9 | -4.27% Aug 15, 2016 - Sep 30, 2016 | -11.68% May 11, 2026 - May 13, 2026 |
| #10 | -4.04% Apr 13, 2016 - Jun 6, 2016 | -9.74% Feb 11, 2026 - Feb 18, 2026 |
| #11 | -4.00% Jul 6, 2016 - Aug 5, 2016 | -7.82% Apr 13, 2026 - Apr 20, 2026 |
| #12 | -3.76% Jun 17, 2016 - Jul 6, 2016 | -7.17% Feb 20, 2026 - Mar 2, 2026 |
| #13 | -3.60% Oct 27, 2020 - Nov 17, 2020 | -2.62% May 1, 2026 - May 5, 2026 |
| #14 | -3.53% Feb 11, 2021 - Apr 14, 2021 | -2.05% Feb 9, 2026 - Feb 11, 2026 |
| #15 | -2.67% Feb 11, 2016 - Feb 25, 2016 | -1.67% Apr 9, 2026 - Apr 13, 2026 |
Correlation
Correlation between NMS and LNOK is 0.59 which considered as a moderate positive correlation - the stocks show some tendency to move together.
0.59
-101
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