NQP vs IBHH

Comparison between Nuveen Pennsylvania Quality Municipal Income Fund (NQP, ETF) and ISHARES IBONDS 2028 TERM HIGH YIELD AND INCOME ETF (IBHH, ETF).

NQP vs IBHH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NQP(ETF)	IBHH(ETF)
Net Assets	$447M	$446M
Expense Ratio	N/A	0.35%
Max Drawdown	52.80%	14.74%
Sharpe Ratio	1.59	0.80
5Y Beta	0.14	0.19
5Y Dividends CAGR	9.08%	N/A

Net Assets

Winner

NQP

$447M

IBHH

$446M

Expense Ratio

NQP

N/A

IBHH

0.35%

Max Drawdown

NQP

52.80%

Winner

IBHH

14.74%

Sharpe Ratio

Winner

NQP

1.59

IBHH

0.80

5Y Beta

Winner

NQP

0.14

IBHH

0.19

5Y Dividends CAGR

NQP

9.08%

IBHH

N/A

NQP vs IBHH - Historical Returns

Returns include dividend reinvestment.

Period	NQP	IBHH
1 month	+3.66%	+0.38%
3 months	+3.34%	+1.36%
6 months	+4.31%	+2.11%
1 year	+16.81%	+6.42%
5 years(CAGR)	+1.80%	+5.22%
10 years(CAGR)	+3.13%	N/A
Max(CAGR)	+5.09%	+5.22%

Winner

NQP

+3.66%

IBHH

+0.38%

Winner

NQP

+3.34%

IBHH

+1.36%

Winner

NQP

+4.31%

IBHH

+2.11%

Winner

NQP

+16.81%

IBHH

+6.42%

5Y(CAGR)

NQP

+1.80%

Winner

IBHH

+5.22%

10Y(CAGR)

NQP

+3.13%

IBHH

N/A

Max(CAGR)

NQP

+5.09%

Winner

IBHH

+5.22%

NQP vs IBHH - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NQP	IBHH
2026	+3.66%	+1.73%
2025	+13.80%	+7.69%
2024	+2.62%	+8.26%
2023	+6.47%	+12.70%
2022	-21.77%	-6.71%
2021	+8.19%	N/A
2020	+7.04%	N/A
2019	+20.03%	N/A
2018	-2.21%	N/A
2017	+5.96%	N/A
2016	+0.25%	N/A
2015	+6.09%	N/A
2014	+18.12%	N/A
2013	-17.82%	N/A
2012	+8.75%	N/A
2011	+21.27%	N/A
2010	+7.77%	N/A
2009	+44.63%	N/A
2008	-26.11%	N/A
2007	-0.08%	N/A
2006	+3.60%	N/A
2005	-4.98%	N/A
2004	+6.42%	N/A
2003	+13.32%	N/A
2002	+5.30%	N/A
2001	+10.51%	N/A
2000	+10.51%	N/A
1999	-9.51%	N/A

NQP vs IBHH Drawdown Comparison

The maximum drawdown for NQP was -41.81%, occurring on Oct 10, 2008. Recovery took 380 trading sessions.

The maximum drawdown for IBHH was -12.04%, occurring on Sep 27, 2022. Recovery took 414 trading sessions.

The current NQP drawdown is -0.50%. The current IBHH drawdown is -0.20%.

Rank	NQP	IBHH
#1	-41.81% Jan 29, 2008 - Jul 31, 2009	-12.04% Mar 31, 2022 - Nov 22, 2023
#2	-32.39% Nov 30, 2021 - Apr 9, 2026	-4.66% Feb 28, 2025 - May 12, 2025
#3	-24.68% Dec 3, 2012 - Feb 2, 2015	-2.08% Mar 10, 2022 - Mar 17, 2022
#4	-24.09% Mar 4, 2020 - Dec 30, 2020	-1.88% Mar 27, 2024 - May 6, 2024
#5	-17.24% Mar 24, 2004 - Oct 25, 2004	-1.49% Dec 27, 2023 - Feb 1, 2024
#6	-15.87% Jul 13, 2016 - May 30, 2019	-1.49% Dec 6, 2024 - Jan 16, 2025
#7	-15.04% Nov 8, 1999 - Jul 10, 2000	-1.46% Sep 19, 2024 - Nov 29, 2024
#8	-14.41% Oct 18, 2010 - Jul 11, 2011	-1.22% Feb 23, 2026 - Apr 8, 2026
#9	-12.69% Feb 9, 2005 - May 2, 2007	-1.11% Feb 1, 2024 - Mar 6, 2024
#10	-11.88% Jun 16, 2003 - Jan 9, 2004	-1.00% Oct 1, 2025 - Oct 23, 2025
#11	-9.80% Mar 4, 2002 - Jul 8, 2002	-0.95% May 15, 2024 - Jun 5, 2024
#12	-9.46% Oct 1, 2002 - Apr 1, 2003	-0.92% Mar 18, 2022 - Mar 29, 2022
#13	-8.69% May 7, 2007 - Jan 10, 2008	-0.88% Jul 31, 2024 - Aug 13, 2024
#14	-8.60% Jul 25, 2000 - Jan 3, 2001	-0.81% May 19, 2025 - May 29, 2025
#15	-8.51% Sep 7, 2001 - Feb 5, 2002	-0.74% Dec 4, 2023 - Dec 13, 2023

Correlation

Correlation between NQP and IBHH is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86

-101

Dividend Comparison (1999 - 2026)

NQP vs IBHH dividend yield comparison.

Year	NQP	IBHH
2026	2.59%	2.61%
2025	7.87%	6.39%
2024	6.69%	6.93%
2023	3.07%	6.65%
2022	4.89%	5.36%
2021	4.51%	0.00%
2020	4.38%	0.00%
2019	4.23%	0.00%
2018	5.34%	0.00%
2017	5.34%	0.00%
2016	5.67%	0.00%
2015	6.10%	0.00%
2014	6.22%	0.00%
2013	6.90%	0.00%
2012	5.96%	0.00%
2011	6.04%	0.00%
2010	6.61%	0.00%
2009	5.67%	0.00%
2008	7.26%	0.00%
2007	5.00%	0.00%
2006	4.75%	0.00%
2005	6.72%	0.00%
2004	6.88%	0.00%
2003	5.92%	0.00%
2002	6.18%	0.00%
2001	6.12%	0.00%
2000	6.87%	0.00%
1999	1.21%	0.00%