NQP vs HPS
Comparison between Nuveen Pennsylvania Quality Municipal Income Fund (NQP, ETF) and John Hancock Preferred Income Fund III (HPS, ETF).
5-Year PerformanceHPS has outperformed NQP, delivering a return of +3.2% compared to +1.8%
NQP vs HPS - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
NQP vs HPS - Historical Returns
Returns include dividend reinvestment.
NQP vs HPS - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | NQP | HPS |
|---|---|---|
| 2026 | +3.66% | +4.28% |
| 2025 | +13.80% | +4.36% |
| 2024 | +2.62% | +14.60% |
| 2023 | +6.47% | +8.17% |
| 2022 | -21.77% | -16.45% |
| 2021 | +8.19% | +17.69% |
| 2020 | +7.04% | -3.55% |
| 2019 | +20.03% | +28.82% |
| 2018 | -2.21% | -8.46% |
| 2017 | +5.96% | +13.28% |
| 2016 | +0.25% | +7.82% |
| 2015 | +6.09% | +6.30% |
| 2014 | +18.12% | +23.11% |
| 2013 | -17.82% | -11.53% |
| 2012 | +8.75% | +17.90% |
| 2011 | +21.27% | +15.87% |
| 2010 | +7.77% | +15.98% |
| 2009 | +44.63% | +43.51% |
| 2008 | -26.11% | -32.58% |
| 2007 | -0.08% | -13.59% |
| 2006 | +3.60% | +19.64% |
| 2005 | -4.98% | -4.03% |
| 2004 | +6.42% | -0.54% |
| 2003 | +13.32% | +3.37% |
| 2002 | +5.30% | N/A |
| 2001 | +10.51% | N/A |
| 2000 | +10.51% | N/A |
| 1999 | -9.51% | N/A |
NQP vs HPS Drawdown Comparison
The maximum drawdown for NQP was -41.81%, occurring on Oct 10, 2008. Recovery took 380 trading sessions.
The maximum drawdown for HPS was -69.92%, occurring on Mar 9, 2009. Recovery took 830 trading sessions.
The current NQP drawdown is -0.50%. The current HPS drawdown is -1.83%.
| Rank | NQP | HPS |
|---|---|---|
| #1 | -41.81% Jan 29, 2008 - Jul 31, 2009 | -69.92% Apr 10, 2007 - Jul 26, 2010 |
| #2 | -32.39% Nov 30, 2021 - Apr 9, 2026 | -52.10% Feb 6, 2020 - Mar 31, 2021 |
| #3 | -24.68% Dec 3, 2012 - Feb 2, 2015 | -29.36% Nov 1, 2021 - Jun 27, 2024 |
| #4 | -24.09% Mar 4, 2020 - Dec 30, 2020 | -22.85% May 9, 2013 - Nov 25, 2014 |
| #5 | -17.24% Mar 24, 2004 - Oct 25, 2004 | -21.28% Sep 12, 2018 - Feb 28, 2019 |
| #6 | -15.87% Jul 13, 2016 - May 30, 2019 | -19.34% Apr 1, 2004 - Oct 15, 2004 |
| #7 | -15.04% Nov 8, 1999 - Jul 10, 2000 | -17.68% Sep 8, 2016 - Jun 6, 2017 |
| #8 | -14.41% Oct 18, 2010 - Jul 11, 2011 | -17.54% Sep 30, 2024 - Apr 8, 2025 |
| #9 | -12.69% Feb 9, 2005 - May 2, 2007 | -16.38% Jun 23, 2011 - Aug 29, 2011 |
| #10 | -11.88% Jun 16, 2003 - Jan 9, 2004 | -13.48% Nov 24, 2004 - Aug 21, 2006 |
| #11 | -9.80% Mar 4, 2002 - Jul 8, 2002 | -11.26% Sep 24, 2010 - May 12, 2011 |
| #12 | -9.46% Oct 1, 2002 - Apr 1, 2003 | -11.17% Apr 9, 2015 - Dec 23, 2015 |
| #13 | -8.69% May 7, 2007 - Jan 10, 2008 | -11.13% Sep 1, 2011 - Oct 27, 2011 |
| #14 | -8.60% Jul 25, 2000 - Jan 3, 2001 | -10.92% Oct 8, 2012 - Jan 23, 2013 |
| #15 | -8.51% Sep 7, 2001 - Feb 5, 2002 | -9.00% Jul 2, 2003 - Nov 28, 2003 |
Correlation
Correlation between NQP and HPS is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.
Dividend Comparison (1999 - 2026)
NQP vs HPS dividend yield comparison.
| Year | NQP | HPS |
|---|---|---|
| 2026 | 2.59% | 4.56% |
| 2025 | 7.87% | 9.16% |
| 2024 | 6.69% | 8.78% |
| 2023 | 3.07% | 9.34% |
| 2022 | 4.89% | 9.15% |
| 2021 | 4.51% | 7.04% |
| 2020 | 4.38% | 7.63% |
| 2019 | 4.23% | 7.41% |
| 2018 | 5.34% | 9.26% |
| 2017 | 5.34% | 7.82% |
| 2016 | 5.67% | 8.27% |
| 2015 | 6.10% | 7.53% |
| 2014 | 6.22% | 8.21% |
| 2013 | 6.90% | 9.41% |
| 2012 | 5.96% | 7.71% |
| 2011 | 6.04% | 8.54% |
| 2010 | 6.61% | 8.42% |
| 2009 | 5.67% | 9.18% |
| 2008 | 7.26% | 14.39% |
| 2007 | 5.00% | 9.88% |
| 2006 | 4.75% | 7.39% |
| 2005 | 6.72% | 9.65% |
| 2004 | 6.88% | 9.42% |
| 2003 | 5.92% | 3.60% |
| 2002 | 6.18% | 0.00% |
| 2001 | 6.12% | 0.00% |
| 2000 | 6.87% | 0.00% |
| 1999 | 1.21% | 0.00% |
Select Stocks to Compare
More Comparisons
Compare with similar stocks