NMZ vs PPLT

Comparison between Nuveen Municipal High Income Opportunity Fund (NMZ, ETF) and abrdn Physical Platinum Shares ETF (PPLT, ETF).

5-Year PerformancePPLT has outperformed NMZ, delivering a return of +6.8% compared to -1.2%

NMZ vs PPLT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NMZ(ETF)	PPLT(ETF)
Net Assets	$2.20B	$2.30B
Expense Ratio	N/A	0.60%
Max Drawdown	63.45%	70.73%
Sharpe Ratio	0.60	0.70
5Y Beta	0.23	0.57
5Y Dividends CAGR	0.86%	N/A

Net Assets

NMZ

$2.20B

Winner

PPLT

$2.30B

Expense Ratio

NMZ

N/A

PPLT

0.60%

Max Drawdown

Winner

NMZ

63.45%

PPLT

70.73%

Sharpe Ratio

NMZ

0.60

Winner

PPLT

0.70

5Y Beta

Winner

NMZ

0.23

PPLT

0.57

5Y Dividends CAGR

NMZ

0.86%

PPLT

N/A

NMZ vs PPLT - Historical Returns

Returns include dividend reinvestment.

Period	NMZ	PPLT
1 month	+4.53%	-18.55%
3 months	+4.63%	-17.12%
6 months	+6.71%	-30.42%
1 year	+9.82%	+18.71%
5 years(CAGR)	-1.24%	+6.83%
10 years(CAGR)	+2.42%	+4.18%
Max(CAGR)	+5.05%	-0.67%

Winner

NMZ

+4.53%

PPLT

-18.55%

Winner

NMZ

+4.63%

PPLT

-17.12%

Winner

NMZ

+6.71%

PPLT

-30.42%

NMZ

+9.82%

Winner

PPLT

+18.71%

5Y(CAGR)

NMZ

-1.24%

Winner

PPLT

+6.83%

10Y(CAGR)

NMZ

+2.42%

Winner

PPLT

+4.18%

Max(CAGR)

Winner

NMZ

+5.05%

PPLT

-0.67%

NMZ vs PPLT - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	NMZ	PPLT
2026	+6.39%	-26.84%
2025	+0.23%	+120.39%
2024	+15.82%	-8.15%
2023	-1.16%	-9.35%
2022	-27.24%	+11.39%
2021	+12.04%	-10.19%
2020	+7.47%	+9.07%
2019	+25.87%	+20.72%
2018	-9.94%	-16.45%
2017	+12.41%	-1.69%
2016	-1.39%	+1.31%
2015	+9.91%	-26.37%
2014	+19.39%	-14.57%
2013	-9.82%	-12.89%
2012	+23.60%	+6.95%
2011	+15.64%	-21.69%
2010	-0.99%	+10.76%
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 PPLT Drawdown Comparison

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

The maximum drawdown for PPLT was -70.73%, occurring on Mar 19, 2020. Recovery took 3605 trading sessions.

The current NMZ drawdown is -9.57%. The current PPLT drawdown is -43.59%.

Rank	NMZ	PPLT
#1	-58.44% May 11, 2007 - Jan 13, 2012	-70.73% Aug 22, 2011 - Dec 22, 2025
#2	-40.01% Jul 13, 2021 - Oct 27, 2023	-43.59% Jan 23, 2026 - Jun 24, 2026
#3	-32.56% Feb 20, 2020 - Dec 30, 2020	-15.31% Dec 26, 2025 - Jan 6, 2026
#4	-22.40% Jan 24, 2013 - May 13, 2014	-13.95% Apr 22, 2010 - Nov 4, 2010
#5	-15.03% Jul 8, 2016 - Mar 8, 2019	-10.91% Jan 19, 2010 - Apr 1, 2010
#6	-12.78% Mar 17, 2004 - Oct 14, 2004	-10.63% Apr 29, 2011 - Aug 22, 2011
#7	-6.78% Feb 2, 2015 - Sep 22, 2015	-8.98% Feb 8, 2011 - Apr 29, 2011
#8	-5.68% Feb 2, 2012 - Mar 28, 2012	-8.23% Nov 4, 2010 - Jan 12, 2011
#9	-5.52% Feb 11, 2021 - Apr 13, 2021	-7.00% Jan 6, 2026 - Jan 20, 2026
#10	-5.15% Jun 2, 2006 - Aug 8, 2006	-2.74% Jan 19, 2011 - Feb 2, 2011
#11	-5.05% Aug 12, 2019 - Nov 11, 2019	-2.05% Apr 14, 2010 - Apr 21, 2010
#12	-4.75% Nov 1, 2012 - Dec 5, 2012	-1.90% Jan 11, 2010 - Jan 14, 2010
#13	-4.52% May 28, 2014 - Oct 20, 2014	-1.69% Dec 23, 2025 - Dec 26, 2025
#14	-4.47% Dec 13, 2012 - Jan 4, 2013	-0.74% Jan 14, 2010 - Jan 19, 2010
#15	-4.05% Jul 31, 2012 - Sep 18, 2012	-0.66% Apr 9, 2010 - Apr 14, 2010

Correlation

Correlation between NMZ and PPLT is -0.57 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.57

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