NNY vs CLOB

Comparison between Nuveen New York Municipal Value Fund (NNY, ETF) and VANECK AA-BB CLO ETF (CLOB, ETF).

NNY vs CLOB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NNY(ETF)	CLOB(ETF)
Net Assets	$167M	$167M
Expense Ratio	N/A	0.45%
Max Drawdown	32.90%	6.35%
Sharpe Ratio	0.68	0.84
5Y Beta	0.09	0.11
5Y Dividends CAGR	3.95%	N/A

Net Assets

Winner

NNY

$167M

CLOB

$167M

Expense Ratio

NNY

N/A

CLOB

0.45%

Max Drawdown

NNY

32.90%

Winner

CLOB

6.35%

Sharpe Ratio

NNY

0.68

Winner

CLOB

0.84

5Y Beta

Winner

NNY

0.09

CLOB

0.11

5Y Dividends CAGR

NNY

3.95%

CLOB

N/A

NNY vs CLOB - Historical Returns

Returns include dividend reinvestment.

Period	NNY	CLOB
1 month	+1.65%	+0.35%
3 months	+1.28%	+2.48%
6 months	+3.42%	+2.34%
1 year	+10.75%	+6.09%
5 years(CAGR)	+0.89%	N/A
10 years(CAGR)	+2.10%	N/A
Max(CAGR)	+4.29%	+6.92%

Winner

NNY

+1.65%

CLOB

+0.35%

NNY

+1.28%

Winner

CLOB

+2.48%

Winner

NNY

+3.42%

CLOB

+2.34%

Winner

NNY

+10.75%

CLOB

+6.09%

5Y(CAGR)

NNY

+0.89%

CLOB

N/A

10Y(CAGR)

NNY

+2.10%

CLOB

N/A

Max(CAGR)

NNY

+4.29%

Winner

CLOB

+6.92%

NNY vs CLOB - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NNY	CLOB
2026	+2.33%	+1.79%
2025	+10.10%	+6.90%
2024	+0.22%	+2.81%
2023	+3.65%	N/A
2022	-12.78%	N/A
2021	+1.44%	N/A
2020	-1.74%	N/A
2019	+12.31%	N/A
2018	+4.51%	N/A
2017	+3.46%	N/A
2016	-1.97%	N/A
2015	+6.74%	N/A
2014	+14.95%	N/A
2013	-13.29%	N/A
2012	+7.70%	N/A
2011	+15.13%	N/A
2010	+0.47%	N/A
2009	+11.03%	N/A
2008	-0.07%	N/A
2007	-1.24%	N/A
2006	+9.43%	N/A
2005	+7.57%	N/A
2004	+1.88%	N/A
2003	+8.08%	N/A
2002	+3.14%	N/A
2001	+11.81%	N/A
2000	+10.57%	N/A
1999	-8.08%	N/A

NNY vs CLOB Drawdown Comparison

The maximum drawdown for NNY was -29.72%, occurring on Oct 9, 2008. Recovery took 154 trading sessions.

The maximum drawdown for CLOB was -5.54%, occurring on Apr 4, 2025. Recovery took 48 trading sessions.

The current NNY drawdown is -1.42%. The current CLOB drawdown is -0.12%.

Rank	NNY	CLOB
#1	-29.72% Sep 8, 2008 - Apr 20, 2009	-5.54% Mar 7, 2025 - May 15, 2025
#2	-20.02% Sep 1, 2020 - Feb 20, 2026	-1.96% Feb 2, 2026 - Apr 28, 2026
#3	-19.95% Feb 21, 2020 - Sep 1, 2020	-0.93% May 6, 2026 - May 12, 2026
#4	-17.53% Nov 29, 2012 - Jan 7, 2015	-0.46% Oct 16, 2024 - Nov 4, 2024
#5	-11.92% Aug 17, 2010 - Sep 14, 2011	-0.42% Oct 8, 2025 - Oct 20, 2025
#6	-11.40% Oct 12, 2017 - Mar 21, 2019	-0.39% Jul 10, 2025 - Jul 18, 2025
#7	-10.92% Aug 8, 2016 - Jun 2, 2017	-0.37% May 23, 2025 - May 29, 2025
#8	-10.32% Jun 16, 2003 - Oct 13, 2004	-0.36% Oct 27, 2025 - Nov 3, 2025
#9	-10.22% Nov 4, 1999 - Jun 9, 2000	-0.32% Nov 3, 2025 - Nov 14, 2025
#10	-8.35% Mar 26, 2007 - May 8, 2008	-0.31% Nov 18, 2025 - Nov 24, 2025
#11	-7.86% Sep 17, 2001 - Sep 19, 2002	-0.28% Jun 26, 2025 - Jul 2, 2025
#12	-7.49% Aug 30, 2005 - Mar 17, 2006	-0.27% Jun 6, 2025 - Jun 17, 2025
#13	-6.97% Mar 2, 2026 - Mar 27, 2026	-0.26% Jan 22, 2026 - Feb 2, 2026
#14	-6.73% Aug 24, 2000 - Jan 4, 2001	-0.24% Sep 23, 2025 - Sep 30, 2025
#15	-6.38% Mar 28, 2006 - Sep 29, 2006	-0.24% Nov 14, 2025 - Nov 18, 2025

Correlation

Correlation between NNY and CLOB is 0.80 which considered as a strong positive correlation - the stocks tend to move together.

0.80

-101

Dividend Comparison (2000 - 2026)

NNY vs CLOB dividend yield comparison.

Year	NNY	CLOB
2026	1.72%	2.41%
2025	4.13%	6.61%
2024	4.25%	1.65%
2023	3.99%	0.00%
2022	3.50%	0.00%
2021	2.96%	0.00%
2020	3.29%	0.00%
2019	3.42%	0.00%
2018	3.77%	0.00%
2017	4.00%	0.00%
2016	4.10%	0.00%
2015	3.91%	0.00%
2014	3.98%	0.00%
2013	4.37%	0.00%
2012	3.86%	0.00%
2011	4.29%	0.00%
2010	4.76%	0.00%
2009	4.37%	0.00%
2008	6.09%	0.00%
2007	4.79%	0.00%
2006	4.42%	0.00%
2005	4.63%	0.00%
2004	4.76%	0.00%
2003	4.92%	0.00%
2002	5.22%	0.00%
2001	5.51%	0.00%
2000	2.50%	0.00%