NMT vs ZDEK

Comparison between Nuveen Massachusetts Quality Municipal Income Fund (NMT, ETF) and Innovator Equity Defined Protection ETF 1 Yr December (ZDEK, ETF).

NMT vs ZDEK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NMT(ETF)	ZDEK(ETF)
Net Assets	$114M	$115M
Expense Ratio	N/A	0.79%
Max Drawdown	48.99%	3.40%
Sharpe Ratio	1.16	1.72
5Y Beta	0.14	0.16
5Y Dividends CAGR	9.51%	N/A

Net Assets

NMT

$114M

Winner

ZDEK

$115M

Expense Ratio

NMT

N/A

ZDEK

0.79%

Max Drawdown

NMT

48.99%

Winner

ZDEK

3.40%

Sharpe Ratio

NMT

1.16

Winner

ZDEK

1.72

5Y Beta

Winner

NMT

0.14

ZDEK

0.16

5Y Dividends CAGR

NMT

9.51%

ZDEK

N/A

NMT vs ZDEK - Historical Returns

Returns include dividend reinvestment.

Period	NMT	ZDEK
1 month	+1.35%	+0.44%
3 months	+11.48%	+1.84%
6 months	+16.07%	+2.55%
1 year	+14.85%	+8.96%
5 years(CAGR)	+2.42%	N/A
10 years(CAGR)	+3.02%	N/A
Max(CAGR)	+4.66%	+6.42%

Winner

NMT

+1.35%

ZDEK

+0.44%

Winner

NMT

+11.48%

ZDEK

+1.84%

Winner

NMT

+16.07%

ZDEK

+2.55%

Winner

NMT

+14.85%

ZDEK

+8.96%

5Y(CAGR)

NMT

+2.42%

ZDEK

N/A

10Y(CAGR)

NMT

+3.02%

ZDEK

N/A

Max(CAGR)

NMT

+4.66%

Winner

ZDEK

+6.42%

NMT vs ZDEK - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NMT	ZDEK
2026	+18.19%	+2.33%
2025	+5.85%	+7.71%
2024	+16.17%	-0.38%
2023	+1.52%	N/A
2022	-30.75%	N/A
2021	+9.84%	N/A
2020	+6.18%	N/A
2019	+23.70%	N/A
2018	-14.40%	N/A
2017	+13.61%	N/A
2016	+0.05%	N/A
2015	+8.91%	N/A
2014	+15.06%	N/A
2013	-16.13%	N/A
2012	+6.26%	N/A
2011	+17.17%	N/A
2010	+4.45%	N/A
2009	+43.04%	N/A
2008	-20.35%	N/A
2007	-7.15%	N/A
2006	-3.17%	N/A
2005	+3.83%	N/A
2004	+8.22%	N/A
2003	+4.73%	N/A
2002	+6.23%	N/A
2001	+12.45%	N/A
2000	+10.29%	N/A
1999	-6.15%	N/A

NMT vs ZDEK Drawdown Comparison

The maximum drawdown for NMT was -40.09%, occurring on Oct 10, 2008. Recovery took 895 trading sessions.

The maximum drawdown for ZDEK was -3.40%, occurring on Apr 8, 2025. Recovery took 75 trading sessions.

The current NMT drawdown is -1.99%. The current ZDEK drawdown is -0.34%.

Rank	NMT	ZDEK
#1	-40.09% Mar 2, 2006 - Sep 21, 2009	-3.40% Feb 19, 2025 - Jun 6, 2025
#2	-38.87% Nov 22, 2021 - May 1, 2026	-1.51% Feb 25, 2026 - Apr 9, 2026
#3	-21.46% Jan 24, 2013 - Dec 3, 2015	-0.79% Dec 6, 2024 - Jan 21, 2025
#4	-20.51% Jul 25, 2016 - Aug 1, 2019	-0.75% Nov 11, 2025 - Nov 24, 2025
#5	-18.20% Oct 21, 2010 - Jan 5, 2012	-0.67% Oct 9, 2025 - Oct 20, 2025
#6	-17.05% Jan 24, 2020 - Jul 10, 2020	-0.63% Jul 25, 2025 - Aug 8, 2025
#7	-16.42% Jun 4, 2003 - Mar 31, 2004	-0.49% Jun 12, 2025 - Jun 24, 2025
#8	-15.35% Feb 15, 2005 - Sep 7, 2005	-0.49% Aug 13, 2025 - Aug 26, 2025
#9	-13.69% Mar 31, 2004 - Oct 27, 2004	-0.43% Jan 12, 2026 - Jan 26, 2026
#10	-9.72% Nov 3, 1999 - Jul 27, 2000	-0.41% Jan 23, 2025 - Feb 10, 2025
#11	-8.85% Oct 7, 2009 - Mar 4, 2010	-0.41% Dec 11, 2025 - Dec 23, 2025
#12	-8.72% Feb 13, 2012 - May 2, 2012	-0.41% Jan 28, 2026 - Feb 9, 2026
#13	-8.29% Oct 8, 2002 - Mar 11, 2003	-0.36% Aug 28, 2025 - Sep 4, 2025
#14	-7.58% Oct 15, 2012 - Jan 17, 2013	-0.34% Jun 4, 2026 - Jun 5, 2026
#15	-7.49% Sep 7, 2005 - Feb 28, 2006	-0.31% Feb 9, 2026 - Feb 25, 2026