NNY vs FAAR

Comparison between Nuveen New York Municipal Value Fund (NNY, ETF) and FIRST TRUST ALTERNATIVE ABSOLUTE RETURN STRATEGY ETF (FAAR, ETF).

5-Year PerformanceFAAR has outperformed NNY, delivering a return of +7.7% compared to +0.9%

NNY vs FAAR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NNY(ETF)	FAAR(ETF)
Net Assets	$167M	$168M
Expense Ratio	N/A	0.98%
Max Drawdown	32.90%	27.93%
Sharpe Ratio	0.68	2.22
5Y Beta	0.09	0.15
5Y Dividends CAGR	3.95%	31.47%

Net Assets

NNY

$167M

Winner

FAAR

$168M

Expense Ratio

NNY

N/A

FAAR

0.98%

Max Drawdown

NNY

32.90%

Winner

FAAR

27.93%

Sharpe Ratio

NNY

0.68

Winner

FAAR

2.22

5Y Beta

Winner

NNY

0.09

FAAR

0.15

5Y Dividends CAGR

NNY

3.95%

Winner

FAAR

31.47%

NNY vs FAAR - Historical Returns

Returns include dividend reinvestment.

Period	NNY	FAAR
1 month	+1.65%	-1.69%
3 months	+1.28%	+2.55%
6 months	+3.42%	+19.98%
1 year	+10.75%	+37.47%
5 years(CAGR)	+0.89%	+7.71%
10 years(CAGR)	+2.10%	+4.99%
Max(CAGR)	+4.29%	+4.97%

Winner

NNY

+1.65%

FAAR

-1.69%

NNY

+1.28%

Winner

FAAR

+2.55%

NNY

+3.42%

Winner

FAAR

+19.98%

NNY

+10.75%

Winner

FAAR

+37.47%

5Y(CAGR)

NNY

+0.89%

Winner

FAAR

+7.71%

10Y(CAGR)

NNY

+2.10%

Winner

FAAR

+4.99%

Max(CAGR)

NNY

+4.29%

Winner

FAAR

+4.97%

NNY vs FAAR - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NNY	FAAR
2026	+2.33%	+23.21%
2025	+10.10%	+6.84%
2024	+0.22%	+5.74%
2023	+3.65%	-4.73%
2022	-12.78%	+10.10%
2021	+1.44%	+12.29%
2020	-1.74%	+11.07%
2019	+12.31%	-1.61%
2018	+4.51%	-8.92%
2017	+3.46%	+5.00%
2016	-1.97%	-3.78%
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 FAAR Drawdown Comparison

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

The maximum drawdown for FAAR was -18.06%, occurring on Apr 8, 2025. Recovery took 901 trading sessions.

The current NNY drawdown is -1.42%. The current FAAR drawdown is -2.77%.

Rank	NNY	FAAR
#1	-29.72% Sep 8, 2008 - Apr 20, 2009	-18.06% Jun 9, 2022 - Jan 13, 2026
#2	-20.02% Sep 1, 2020 - Feb 20, 2026	-16.65% May 21, 2018 - Feb 22, 2021
#3	-19.95% Feb 21, 2020 - Sep 1, 2020	-12.20% Jul 13, 2021 - Feb 7, 2022
#4	-17.53% Nov 29, 2012 - Jan 7, 2015	-6.77% May 3, 2017 - Jan 11, 2018
#5	-11.92% Aug 17, 2010 - Sep 14, 2011	-6.33% Mar 8, 2022 - Jun 9, 2022
#6	-11.40% Oct 12, 2017 - Mar 21, 2019	-5.93% Jul 13, 2016 - May 3, 2017
#7	-10.92% Aug 8, 2016 - Jun 2, 2017	-5.87% Jun 8, 2021 - Jul 13, 2021
#8	-10.32% Jun 16, 2003 - Oct 13, 2004	-5.76% Jan 24, 2018 - May 21, 2018
#9	-10.22% Nov 4, 1999 - Jun 9, 2000	-3.63% Feb 24, 2021 - Apr 29, 2021
#10	-8.35% Mar 26, 2007 - May 8, 2008	-2.88% Jan 29, 2026 - Feb 19, 2026
#11	-7.86% Sep 17, 2001 - Sep 19, 2002	-2.77% May 18, 2026 - Jun 5, 2026
#12	-7.49% Aug 30, 2005 - Mar 17, 2006	-2.70% Mar 20, 2026 - Apr 2, 2026
#13	-6.97% Mar 2, 2026 - Mar 27, 2026	-2.24% Apr 30, 2026 - May 18, 2026
#14	-6.73% Aug 24, 2000 - Jan 4, 2001	-2.03% Feb 11, 2022 - Feb 22, 2022
#15	-6.38% Mar 28, 2006 - Sep 29, 2006	-1.98% Feb 23, 2022 - Mar 1, 2022

Correlation

Correlation between NNY and FAAR is 0.35 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.35

-101

Dividend Comparison (2000 - 2026)

NNY vs FAAR dividend yield comparison.

Year	NNY	FAAR
2026	1.72%	0.33%
2025	4.13%	11.63%
2024	4.25%	3.45%
2023	3.99%	3.20%
2022	3.50%	5.82%
2021	2.96%	6.49%
2020	3.29%	3.05%
2019	3.42%	1.02%
2018	3.77%	0.58%
2017	4.00%	2.83%
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%