NUV vs VTES

Comparison between Nuveen Municipal Value Fund Inc (NUV, ETF) and VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF ETF SHARES (VTES, ETF).

NUV vs VTES - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NUV(ETF)	VTES(ETF)
Net Assets	$1.90B	$1.90B
Expense Ratio	N/A	0.05%
Max Drawdown	33.92%	3.63%
Sharpe Ratio	0.97	0.25
5Y Beta	0.12	0.01
5Y Dividends CAGR	2.58%	N/A

Net Assets

NUV

$1.90B

VTES

$1.90B

Expense Ratio

NUV

N/A

VTES

0.05%

Max Drawdown

NUV

33.92%

Winner

VTES

3.63%

Sharpe Ratio

Winner

NUV

0.97

VTES

0.25

5Y Beta

NUV

0.12

Winner

VTES

0.01

5Y Dividends CAGR

NUV

2.58%

VTES

N/A

NUV vs VTES - Historical Returns

Returns include dividend reinvestment.

Period	NUV	VTES
1 month	+0.90%	+0.02%
3 months	+1.51%	-0.63%
6 months	+3.17%	+0.89%
1 year	+11.09%	+3.94%
5 years(CAGR)	-0.20%	N/A
10 years(CAGR)	+2.50%	N/A
Max(CAGR)	+4.84%	+3.07%

Winner

NUV

+0.90%

VTES

+0.02%

Winner

NUV

+1.51%

VTES

-0.63%

Winner

NUV

+3.17%

VTES

+0.89%

Winner

NUV

+11.09%

VTES

+3.94%

5Y(CAGR)

NUV

-0.20%

VTES

N/A

10Y(CAGR)

NUV

+2.50%

VTES

N/A

Max(CAGR)

Winner

NUV

+4.84%

VTES

+3.07%

NUV vs VTES - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NUV	VTES
2026	+2.88%	+0.38%
2025	+9.25%	+4.08%
2024	+3.56%	+2.02%
2023	+2.79%	+3.32%
2022	-13.94%	N/A
2021	-3.67%	N/A
2020	+7.81%	N/A
2019	+17.97%	N/A
2018	-4.83%	N/A
2017	+10.10%	N/A
2016	-2.44%	N/A
2015	+9.91%	N/A
2014	+11.31%	N/A
2013	-8.62%	N/A
2012	+8.82%	N/A
2011	+13.18%	N/A
2010	-0.41%	N/A
2009	+11.52%	N/A
2008	-2.97%	N/A
2007	-4.18%	N/A
2006	+12.63%	N/A
2005	+11.40%	N/A
2004	+4.76%	N/A
2003	+6.25%	N/A
2002	+6.99%	N/A
2001	+9.72%	N/A
2000	+14.20%	N/A
1999	-8.03%	N/A

NUV vs VTES Drawdown Comparison

The maximum drawdown for NUV was -28.29%, occurring on Oct 26, 2023. This drawdown has not yet recovered.

The maximum drawdown for VTES was -2.42%, occurring on Oct 3, 2023. Recovery took 160 trading sessions.

The current NUV drawdown is -6.46%. The current VTES drawdown is -0.86%.

Rank	NUV	VTES
#1	-28.29% Aug 11, 2021 - Oct 26, 2023	-2.42% Apr 12, 2023 - Nov 29, 2023
#2	-23.00% Feb 25, 2020 - Oct 20, 2020	-1.59% Apr 4, 2025 - Jun 11, 2025
#3	-20.55% May 19, 2008 - Sep 9, 2009	-1.47% Feb 27, 2026 - Mar 24, 2026
#4	-14.71% Dec 6, 2012 - Jan 5, 2015	-1.04% Mar 8, 2024 - Jul 8, 2024
#5	-12.54% Jul 7, 2016 - Sep 14, 2017	-0.82% Dec 6, 2024 - Feb 4, 2025
#6	-11.19% Sep 28, 2010 - Sep 21, 2011	-0.78% Feb 28, 2025 - Apr 4, 2025
#7	-9.77% Mar 17, 2004 - Oct 29, 2004	-0.78% Oct 2, 2024 - Nov 29, 2024
#8	-9.49% Nov 1, 1999 - Jul 7, 2000	-0.55% Dec 29, 2023 - Feb 1, 2024
#9	-9.15% Mar 13, 2007 - Apr 1, 2008	-0.50% Sep 16, 2025 - Dec 18, 2025
#10	-8.45% Sep 14, 2017 - Mar 21, 2019	-0.43% Feb 1, 2024 - Mar 6, 2024
#11	-7.42% Feb 2, 2015 - Oct 23, 2015	-0.31% Mar 17, 2023 - Mar 22, 2023
#12	-6.81% Feb 9, 2021 - Jul 2, 2021	-0.22% Feb 5, 2025 - Feb 21, 2025
#13	-6.78% Aug 30, 2001 - Nov 8, 2001	-0.19% Aug 6, 2024 - Aug 14, 2024
#14	-6.27% Oct 1, 2002 - Mar 6, 2003	-0.15% Aug 13, 2025 - Aug 22, 2025
#15	-6.19% Mar 7, 2012 - Apr 30, 2012	-0.15% Jan 16, 2026 - Jan 23, 2026

Correlation

Correlation between NUV and VTES is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2000 - 2026)

NUV vs VTES dividend yield comparison.

Year	NUV	VTES
2026	1.41%	0.90%
2025	4.30%	2.77%
2024	4.16%	2.99%
2023	3.94%	2.03%
2022	3.91%	0.00%
2021	3.41%	0.00%
2020	3.35%	0.00%
2019	3.48%	0.00%
2018	4.01%	0.00%
2017	3.99%	0.00%
2016	4.10%	0.00%
2015	3.95%	0.00%
2014	4.44%	0.00%
2013	4.97%	0.00%
2012	4.16%	0.00%
2011	5.04%	0.00%
2010	5.33%	0.00%
2009	4.50%	0.00%
2008	5.46%	0.00%
2007	5.34%	0.00%
2006	4.75%	0.00%
2005	5.06%	0.00%
2004	5.82%	0.00%
2003	5.60%	0.00%
2002	5.73%	0.00%
2001	5.62%	0.00%
2000	2.70%	0.00%