NPV vs DECW

Comparison between Nuveen Virginia Quality Municipal Income Fund (NPV, ETF) and ALLIANZIM U.S. EQUITY BUFFER20 DEC ETF (DECW, ETF).

NPV vs DECW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NPV(ETF)	DECW(ETF)
Net Assets	$226M	$226M
Expense Ratio	N/A	0.74%
Max Drawdown	52.73%	8.76%
Sharpe Ratio	0.43	1.39
5Y Beta	0.08	0.40
5Y Dividends CAGR	8.03%	N/A

Net Assets

Winner

NPV

$226M

DECW

$226M

Expense Ratio

NPV

N/A

DECW

0.74%

Max Drawdown

NPV

52.73%

Winner

DECW

8.76%

Sharpe Ratio

NPV

0.43

Winner

DECW

1.39

5Y Beta

Winner

NPV

0.08

DECW

0.40

5Y Dividends CAGR

NPV

8.03%

DECW

N/A

NPV vs DECW - Historical Returns

Returns include dividend reinvestment.

Period	NPV	DECW
1 month	-3.83%	+0.68%
3 months	-3.86%	+2.62%
6 months	+1.82%	+4.49%
1 year	+6.82%	+11.44%
5 years(CAGR)	-3.39%	N/A
10 years(CAGR)	+1.53%	N/A
Max(CAGR)	+3.82%	+10.51%

NPV

-3.83%

Winner

DECW

+0.68%

NPV

-3.86%

Winner

DECW

+2.62%

NPV

+1.82%

Winner

DECW

+4.49%

NPV

+6.82%

Winner

DECW

+11.44%

5Y(CAGR)

NPV

-3.39%

DECW

N/A

10Y(CAGR)

NPV

+1.53%

DECW

N/A

Max(CAGR)

NPV

+3.82%

Winner

DECW

+10.51%

NPV vs DECW - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NPV	DECW
2026	+1.88%	+5.00%
2025	-6.00%	+11.86%
2024	+24.72%	+8.98%
2023	-1.53%	+16.30%
2022	-30.61%	-2.77%
2021	+10.87%	N/A
2020	+14.18%	N/A
2019	+27.87%	N/A
2018	-4.56%	N/A
2017	+3.28%	N/A
2016	-0.03%	N/A
2015	+9.28%	N/A
2014	+17.11%	N/A
2013	-20.91%	N/A
2012	+5.25%	N/A
2011	+11.93%	N/A
2010	+3.16%	N/A
2009	+35.31%	N/A
2008	-11.84%	N/A
2007	-7.20%	N/A
2006	-1.23%	N/A
2005	-4.05%	N/A
2004	+6.54%	N/A
2003	+4.52%	N/A
2002	+18.83%	N/A
2001	+7.94%	N/A
2000	+22.39%	N/A
1999	-14.72%	N/A

NPV vs DECW Drawdown Comparison

The maximum drawdown for NPV was -44.23%, occurring on Oct 27, 2023. This drawdown has not yet recovered.

The maximum drawdown for DECW was -8.76%, occurring on Apr 8, 2025. Recovery took 86 trading sessions.

The current NPV drawdown is -19.36%. The current DECW drawdown is -0.57%.

Rank	NPV	DECW
#1	-44.23% Dec 22, 2021 - Oct 27, 2023	-8.76% Feb 19, 2025 - Jun 24, 2025
#2	-41.74% Feb 12, 2007 - Jul 28, 2009	-7.15% Jul 31, 2023 - Nov 16, 2023
#3	-28.66% Jul 17, 2012 - Mar 10, 2016	-3.86% Jan 28, 2026 - Apr 14, 2026
#4	-25.55% Feb 24, 2020 - Jul 6, 2020	-3.78% Feb 7, 2023 - Apr 3, 2023
#5	-23.27% Jan 26, 2004 - Nov 4, 2004	-3.36% Dec 1, 2022 - Jan 23, 2023
#6	-19.13% Oct 12, 2010 - Jan 23, 2012	-2.26% Jul 16, 2024 - Aug 14, 2024
#7	-16.53% Sep 7, 2016 - Jul 31, 2019	-1.94% Nov 11, 2025 - Nov 24, 2025
#8	-16.44% Oct 12, 2005 - Feb 9, 2007	-1.73% Dec 4, 2024 - Jan 21, 2025
#9	-15.46% Nov 2, 1999 - Aug 28, 2000	-1.40% Mar 27, 2024 - May 6, 2024
#10	-11.70% Jun 18, 2003 - Jan 12, 2004	-1.35% Jun 2, 2026 - Jun 15, 2026
#11	-9.96% Feb 14, 2005 - May 24, 2005	-1.29% Apr 28, 2023 - May 18, 2023
#12	-9.94% Aug 31, 2021 - Dec 22, 2021	-1.28% Oct 8, 2025 - Oct 20, 2025
#13	-8.98% Aug 20, 2002 - Dec 31, 2002	-1.22% Jul 30, 2025 - Aug 8, 2025
#14	-8.92% Aug 6, 2001 - Jun 13, 2002	-1.21% Apr 13, 2023 - Apr 28, 2023
#15	-8.62% Oct 30, 2009 - Mar 26, 2010	-1.20% May 18, 2023 - May 26, 2023

Correlation

Correlation between NPV and DECW is 0.78 which considered as a strong positive correlation - the stocks tend to move together.

0.78

-101

Dividend Comparison (2000 - 2026)

NPV vs DECW dividend yield comparison.

Year	NPV	DECW
2026	4.12%	0.00%
2025	7.55%	0.00%
2024	5.63%	1.17%
2023	3.89%	0.00%
2022	5.08%	0.00%
2021	3.42%	0.00%
2020	3.49%	0.00%
2019	3.58%	0.00%
2018	4.62%	0.00%
2017	4.40%	0.00%
2016	4.87%	0.00%
2015	5.25%	0.00%
2014	5.73%	0.00%
2013	6.15%	0.00%
2012	4.35%	0.00%
2011	4.93%	0.00%
2010	5.47%	0.00%
2009	4.57%	0.00%
2008	6.13%	0.00%
2007	5.58%	0.00%
2006	5.00%	0.00%
2005	6.85%	0.00%
2004	5.19%	0.00%
2003	5.29%	0.00%
2002	5.05%	0.00%
2001	5.32%	0.00%
2000	2.20%	0.00%