NMZ vs HTRB

Comparison between Nuveen Municipal High Income Opportunity Fund (NMZ, ETF) and HARTFORD TOTAL RETURN BOND ETF (HTRB, ETF).

5-Year PerformanceHTRB has outperformed NMZ, delivering a return of +0.4% compared to -1.2%

NMZ vs HTRB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NMZ(ETF)	HTRB(ETF)
Net Assets	$2.20B	$2.20B
Expense Ratio	N/A	0.29%
Max Drawdown	63.45%	26.85%
Sharpe Ratio	0.60	0.35
5Y Beta	0.23	0.04
5Y Dividends CAGR	0.86%	-3.29%

Net Assets

NMZ

$2.20B

HTRB

$2.20B

Expense Ratio

NMZ

N/A

HTRB

0.29%

Max Drawdown

NMZ

63.45%

Winner

HTRB

26.85%

Sharpe Ratio

Winner

NMZ

0.60

HTRB

0.35

5Y Beta

NMZ

0.23

Winner

HTRB

0.04

5Y Dividends CAGR

Winner

NMZ

0.86%

HTRB

-3.29%

NMZ vs HTRB - Historical Returns

Returns include dividend reinvestment.

Period	NMZ	HTRB
1 month	+4.53%	+1.24%
3 months	+4.63%	+1.68%
6 months	+6.71%	+0.84%
1 year	+9.82%	+4.95%
5 years(CAGR)	-1.24%	+0.43%
10 years(CAGR)	+2.42%	+2.26%
Max(CAGR)	+5.05%	+2.26%

Winner

NMZ

+4.53%

HTRB

+1.24%

Winner

NMZ

+4.63%

HTRB

+1.68%

Winner

NMZ

+6.71%

HTRB

+0.84%

Winner

NMZ

+9.82%

HTRB

+4.95%

5Y(CAGR)

NMZ

-1.24%

Winner

HTRB

+0.43%

10Y(CAGR)

Winner

NMZ

+2.42%

HTRB

+2.26%

Max(CAGR)

Winner

NMZ

+5.05%

HTRB

+2.26%

NMZ vs HTRB - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	NMZ	HTRB
2026	+6.39%	+1.05%
2025	+0.23%	+7.27%
2024	+15.82%	+2.79%
2023	-1.16%	+6.64%
2022	-27.24%	-14.11%
2021	+12.04%	-1.01%
2020	+7.47%	+8.64%
2019	+25.87%	+10.21%
2018	-9.94%	-0.88%
2017	+12.41%	+1.02%
2016	-1.39%	N/A
2015	+9.91%	N/A
2014	+19.39%	N/A
2013	-9.82%	N/A
2012	+23.60%	N/A
2011	+15.64%	N/A
2010	-0.99%	N/A
2009	+49.88%	N/A
2008	-35.08%	N/A
2007	-8.16%	N/A
2006	+16.86%	N/A
2005	+14.20%	N/A
2004	+9.13%	N/A
2003	+0.00%	N/A

NMZ vs HTRB Drawdown Comparison

The maximum drawdown for NMZ was -58.44%, occurring on Dec 16, 2008. Recovery took 1179 trading sessions.

The maximum drawdown for HTRB was -19.48%, occurring on Oct 21, 2022. Recovery took 1035 trading sessions.

The current NMZ drawdown is -9.57%. The current HTRB drawdown is -0.85%.

Rank	NMZ	HTRB
#1	-58.44% May 11, 2007 - Jan 13, 2012	-19.48% Sep 14, 2021 - Oct 28, 2025
#2	-40.01% Jul 13, 2021 - Oct 27, 2023	-10.48% Mar 6, 2020 - Jun 8, 2020
#3	-32.56% Feb 20, 2020 - Dec 30, 2020	-3.76% Jan 4, 2021 - Aug 2, 2021
#4	-22.40% Jan 24, 2013 - May 13, 2014	-2.82% Feb 27, 2026 - May 19, 2026
#5	-15.03% Jul 8, 2016 - Mar 8, 2019	-2.58% Dec 29, 2017 - Jan 30, 2019
#6	-12.78% Mar 17, 2004 - Oct 14, 2004	-1.80% Aug 27, 2019 - Oct 4, 2019
#7	-6.78% Feb 2, 2015 - Sep 22, 2015	-1.58% Jul 3, 2019 - Aug 1, 2019
#8	-5.68% Feb 2, 2012 - Mar 28, 2012	-1.13% Oct 28, 2025 - Feb 5, 2026
#9	-5.52% Feb 11, 2021 - Apr 13, 2021	-1.13% Oct 4, 2019 - Nov 27, 2019
#10	-5.15% Jun 2, 2006 - Aug 8, 2006	-1.10% Aug 10, 2020 - Nov 17, 2020
#11	-5.05% Aug 12, 2019 - Nov 11, 2019	-0.99% Aug 4, 2021 - Sep 14, 2021
#12	-4.75% Nov 1, 2012 - Dec 5, 2012	-0.80% Mar 27, 2019 - Apr 25, 2019
#13	-4.52% May 28, 2014 - Oct 20, 2014	-0.65% Feb 28, 2020 - Mar 3, 2020
#14	-4.47% Dec 13, 2012 - Jan 4, 2013	-0.61% Jun 8, 2020 - Jul 6, 2020
#15	-4.05% Jul 31, 2012 - Sep 18, 2012	-0.61% Nov 3, 2017 - Dec 27, 2017

Correlation

Correlation between NMZ and HTRB is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (2004 - 2026)

NMZ vs HTRB dividend yield comparison.

Year	NMZ	HTRB
2026	3.76%	1.71%
2025	7.71%	4.66%
2024	6.35%	4.45%
2023	5.44%	3.87%
2022	7.04%	3.08%
2021	5.10%	4.22%
2020	5.09%	4.79%
2019	4.99%	6.30%
2018	6.15%	2.37%
2017	5.94%	0.96%
2016	6.94%	0.00%
2015	6.67%	0.00%
2014	6.88%	0.00%
2013	6.73%	0.00%
2012	5.72%	0.00%
2011	7.98%	0.00%
2010	8.75%	0.00%
2009	7.32%	0.00%
2008	11.33%	0.00%
2007	7.15%	0.00%
2006	5.82%	0.00%
2005	6.63%	0.00%
2004	7.44%	0.00%