NUEM vs MUNY

Comparison between NUVEEN ESG EMERGING MARKETS EQUITY ETF (NUEM, ETF) and VANGUARD NEW YORK TAX-EXEMPT BOND ETF ETF SHARES (MUNY, ETF).

NUEM vs MUNY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NUEM(ETF)	MUNY(ETF)
Net Assets	$371M	$372M
Expense Ratio	0.36%	0.09%
Max Drawdown	40.93%	2.96%
Sharpe Ratio	1.37	0.34
5Y Beta	0.81	0.06
5Y Dividends CAGR	13.82%	N/A

Net Assets

NUEM

$371M

Winner

MUNY

$372M

Expense Ratio

NUEM

0.36%

Winner

MUNY

0.09%

Max Drawdown

NUEM

40.93%

Winner

MUNY

2.96%

Sharpe Ratio

Winner

NUEM

1.37

MUNY

0.34

5Y Beta

NUEM

0.81

Winner

MUNY

0.06

5Y Dividends CAGR

NUEM

13.82%

MUNY

N/A

NUEM vs MUNY - Historical Returns

Returns include dividend reinvestment.

Period	NUEM	MUNY
1 month	-3.76%	+0.59%
3 months	+9.30%	+0.27%
6 months	+13.20%	+1.77%
1 year	+31.79%	+6.75%
5 years(CAGR)	+4.15%	N/A
10 years(CAGR)	+7.51%	N/A
Max(CAGR)	+7.51%	+6.73%

NUEM

-3.76%

Winner

MUNY

+0.59%

Winner

NUEM

+9.30%

MUNY

+0.27%

Winner

NUEM

+13.20%

MUNY

+1.77%

Winner

NUEM

+31.79%

MUNY

+6.75%

5Y(CAGR)

NUEM

+4.15%

MUNY

N/A

10Y(CAGR)

NUEM

+7.51%

MUNY

N/A

Max(CAGR)

Winner

NUEM

+7.51%

MUNY

+6.73%

NUEM vs MUNY - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	NUEM	MUNY
2026	+9.72%	+1.21%
2025	+27.43%	+5.54%
2024	+11.06%	N/A
2023	+7.59%	N/A
2022	-20.03%	N/A
2021	-2.11%	N/A
2020	+22.57%	N/A
2019	+16.19%	N/A
2018	-18.67%	N/A
2017	+18.50%	N/A

NUEM vs MUNY Drawdown Comparison

The maximum drawdown for NUEM was -39.48%, occurring on Oct 24, 2022. Recovery took 1147 trading sessions.

The maximum drawdown for MUNY was -2.70%, occurring on Mar 24, 2026. This drawdown has not yet recovered.

The current NUEM drawdown is -6.98%. The current MUNY drawdown is -0.61%.

Rank	NUEM	MUNY
#1	-39.48% Feb 17, 2021 - Sep 11, 2025	-2.70% Feb 27, 2026 - Mar 24, 2026
#2	-38.45% Jan 25, 2018 - Nov 4, 2020	-1.98% Jun 4, 2025 - Sep 5, 2025
#3	-11.56% Feb 25, 2026 - Apr 17, 2026	-0.49% May 27, 2025 - Jun 4, 2025
#4	-6.98% Jun 2, 2026 - Jun 5, 2026	-0.35% Nov 11, 2025 - Dec 23, 2025
#5	-6.57% May 8, 2026 - May 29, 2026	-0.35% Jan 14, 2026 - Feb 2, 2026
#6	-6.33% Jan 25, 2021 - Feb 9, 2021	-0.30% Sep 17, 2025 - Oct 6, 2025
#7	-4.81% Oct 29, 2025 - Jan 2, 2026	-0.24% Oct 27, 2025 - Nov 11, 2025
#8	-4.23% Oct 8, 2025 - Oct 15, 2025	-0.11% Feb 19, 2026 - Feb 23, 2026
#9	-4.17% Nov 21, 2017 - Dec 22, 2017	-0.10% Feb 9, 2026 - Feb 12, 2026
#10	-3.77% Jan 28, 2026 - Feb 11, 2026	-0.08% Feb 24, 2026 - Feb 26, 2026
#11	-2.82% Sep 18, 2017 - Oct 5, 2017	-0.07% Dec 30, 2025 - Jan 2, 2026
#12	-2.61% Nov 27, 2020 - Dec 3, 2020	-0.07% Dec 24, 2025 - Dec 30, 2025
#13	-2.50% Nov 9, 2020 - Nov 20, 2020	-0.06% Oct 13, 2025 - Oct 15, 2025
#14	-1.99% Dec 17, 2020 - Dec 29, 2020	-0.04% Oct 21, 2025 - Oct 24, 2025
#15	-1.95% Aug 7, 2017 - Aug 22, 2017	-0.03% Sep 11, 2025 - Sep 15, 2025