NUGO vs NZF

Comparison between NUVEEN GROWTH OPPORTUNITIES ETF (NUGO, ETF) and Nuveen Municipal Credit Income Fund (NZF, ETF).

5-Year PerformanceNUGO has outperformed NZF, delivering a return of +13.3% compared to -0.5%

NUGO vs NZF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NUGO(ETF)	NZF(ETF)
Net Assets	$2.40B	$2.40B
Expense Ratio	0.50%	N/A
Max Drawdown	38.01%	53.68%
Sharpe Ratio	0.71	0.83
5Y Beta	1.27	0.26
P/E Ratio	34.92	N/A
Forward P/E	26.69	N/A
PEG Ratio	0.10	N/A
5Y Dividends CAGR	N/A	5.65%
5Y EPS CAGR	39.98%	N/A
Debt to Equity	39.24%	N/A
P/S Ratio	10.08	N/A
P/B Ratio	13.28	N/A

Net Assets

NUGO

$2.40B

NZF

$2.40B

Expense Ratio

NUGO

0.50%

NZF

N/A

Max Drawdown

Winner

NUGO

38.01%

NZF

53.68%

Sharpe Ratio

NUGO

0.71

Winner

NZF

0.83

5Y Beta

NUGO

1.27

Winner

NZF

0.26

P/E Ratio

NUGO

34.92

NZF

N/A

Forward P/E

NUGO

26.69

NZF

N/A

PEG Ratio

NUGO

0.10

NZF

N/A

5Y Dividends CAGR

NUGO

N/A

NZF

5.65%

5Y EPS CAGR

NUGO

39.98%

NZF

N/A

Debt to Equity

NUGO

39.24%

NZF

N/A

P/S Ratio

NUGO

10.08

NZF

N/A

P/B Ratio

NUGO

13.28

NZF

N/A

NUGO vs NZF - Historical Returns

Returns include dividend reinvestment.

Period	NUGO	NZF
1 month	+4.07%	-0.64%
3 months	+4.75%	+0.55%
6 months	+15.99%	+1.33%
1 year	+17.81%	+12.50%
5 years(CAGR)	+13.32%	-0.49%
10 years(CAGR)	N/A	+3.37%
Max(CAGR)	+13.32%	+5.39%

Winner

NUGO

+4.07%

NZF

-0.64%

Winner

NUGO

+4.75%

NZF

+0.55%

Winner

NUGO

+15.99%

NZF

+1.33%

Winner

NUGO

+17.81%

NZF

+12.50%

5Y(CAGR)

Winner

NUGO

+13.32%

NZF

-0.49%

10Y(CAGR)

NUGO

N/A

NZF

+3.37%

Max(CAGR)

Winner

NUGO

+13.32%

NZF

+5.39%

NUGO vs NZF - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	NUGO	NZF
2026	+11.36%	+3.02%
2025	+14.52%	+10.22%
2024	+37.96%	+9.27%
2023	+46.20%	+0.81%
2022	-33.54%	-25.42%
2021	+7.78%	+12.24%
2020	N/A	+4.20%
2019	N/A	+25.44%
2018	N/A	-6.42%
2017	N/A	+13.98%
2016	N/A	+4.29%
2015	N/A	+9.73%
2014	N/A	+17.83%
2013	N/A	-14.78%
2012	N/A	+9.39%
2011	N/A	+18.65%
2010	N/A	+5.85%
2009	N/A	+35.91%
2008	N/A	-22.21%
2007	N/A	-10.97%
2006	N/A	+14.46%
2005	N/A	+11.74%
2004	N/A	+6.26%
2003	N/A	+12.36%
2002	N/A	+5.43%
2001	N/A	-9.18%

NUGO vs NZF Drawdown Comparison

The maximum drawdown for NUGO was -38.01%, occurring on Oct 14, 2022. Recovery took 545 trading sessions.

The maximum drawdown for NZF was -48.48%, occurring on Oct 10, 2008. Recovery took 678 trading sessions.

The current NUGO drawdown is -0.27%. The current NZF drawdown is -3.66%.

Rank	NUGO	NZF
#1	-38.01% Nov 19, 2021 - Jan 24, 2024	-48.48% Dec 27, 2006 - Sep 8, 2009
#2	-25.12% Dec 16, 2024 - Jul 3, 2025	-37.40% Nov 9, 2021 - Oct 25, 2023
#3	-17.54% Oct 29, 2025 - May 6, 2026	-29.81% Feb 21, 2020 - Dec 31, 2020
#4	-14.99% Jul 10, 2024 - Oct 21, 2024	-24.09% Nov 23, 2012 - Jan 30, 2015
#5	-9.87% Jun 2, 2026 - Jul 29, 2026	-15.42% Sep 1, 2010 - Sep 12, 2011
#6	-7.37% Mar 22, 2024 - May 15, 2024	-15.12% Mar 9, 2004 - Nov 3, 2004
#7	-3.73% Oct 22, 2024 - Nov 6, 2024	-13.69% Jul 8, 2016 - Jul 28, 2017
#8	-3.59% Feb 9, 2024 - Feb 22, 2024	-10.58% Sep 10, 2018 - Feb 27, 2019
#9	-3.39% Oct 9, 2025 - Oct 24, 2025	-10.37% Oct 3, 2001 - Aug 29, 2002
#10	-3.23% Aug 12, 2025 - Sep 8, 2025	-8.44% Oct 7, 2002 - Apr 21, 2003
#11	-3.08% Nov 12, 2024 - Dec 2, 2024	-8.36% Jun 12, 2003 - Jan 7, 2004
#12	-3.07% May 14, 2026 - May 28, 2026	-8.23% Sep 6, 2005 - Jan 5, 2006
#13	-2.95% May 28, 2024 - Jun 5, 2024	-8.01% Dec 7, 2017 - Sep 5, 2018
#14	-2.73% Jan 29, 2024 - Feb 2, 2024	-7.98% Oct 7, 2009 - Jan 29, 2010
#15	-2.66% Jun 18, 2024 - Jul 3, 2024	-7.16% Feb 2, 2015 - Dec 8, 2015

Correlation

Correlation between NUGO and NZF is 0.70 which considered as a strong positive correlation - the stocks tend to move together.

0.70

-101

Dividend Comparison (2001 - 2026)

NUGO vs NZF dividend yield comparison.

Year	NUGO	NZF
2026	0.00%	4.47%
2025	0.00%	7.58%
2024	0.00%	6.84%
2023	0.19%	4.51%
2022	0.26%	5.80%
2021	0.00%	4.63%
2020	0.00%	4.74%
2019	0.00%	4.82%
2018	0.00%	6.05%
2017	0.00%	5.86%
2016	0.00%	6.26%
2015	0.00%	5.50%
2014	0.00%	5.32%
2013	0.00%	5.88%
2012	0.00%	5.73%
2011	0.00%	6.39%
2010	0.00%	7.37%
2009	0.00%	6.33%
2008	0.00%	7.81%
2007	0.00%	6.05%
2006	0.00%	5.66%
2005	0.00%	6.38%
2004	0.00%	6.81%
2003	0.00%	6.58%
2002	0.00%	6.65%
2001	0.00%	1.11%