NVG vs FXL
Comparison between Nuveen AMT-Free Municipal Credit Income Fund (NVG, ETF) and FIRST TRUST TECHNOLOGY ALPHADEX FUND (FXL, ETF).
5-Year PerformanceFXL has outperformed NVG, delivering a return of +11.8% compared to -1.4%
NVG vs FXL - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
NVG vs FXL - Historical Returns
Returns include dividend reinvestment.
NVG vs FXL - Annual Returns (2002 - 2026)
Returns include dividend reinvestment.
| Year | NVG | FXL |
|---|---|---|
| 2026 | +1.35% | +26.77% |
| 2025 | +9.98% | +12.98% |
| 2024 | +9.69% | +19.05% |
| 2023 | +0.11% | +40.65% |
| 2022 | -27.85% | -30.11% |
| 2021 | +13.29% | +20.26% |
| 2020 | +6.38% | +51.73% |
| 2019 | +23.79% | +39.55% |
| 2018 | -4.20% | +0.95% |
| 2017 | +12.94% | +35.18% |
| 2016 | +5.52% | +17.44% |
| 2015 | +8.10% | -3.02% |
| 2014 | +19.22% | +17.50% |
| 2013 | -15.57% | +33.71% |
| 2012 | +8.01% | +7.82% |
| 2011 | +17.91% | -12.72% |
| 2010 | +1.39% | +24.42% |
| 2009 | +30.55% | +60.38% |
| 2008 | -10.71% | -47.25% |
| 2007 | -6.77% | +3.84% |
| 2006 | +12.48% | N/A |
| 2005 | +6.29% | N/A |
| 2004 | -0.25% | N/A |
| 2003 | +8.76% | N/A |
| 2002 | +1.41% | N/A |
NVG vs FXL Drawdown Comparison
The maximum drawdown for NVG was -41.66%, occurring on Oct 10, 2008. Recovery took 577 trading sessions.
The maximum drawdown for FXL was -61.41%, occurring on Nov 20, 2008. Recovery took 799 trading sessions.
The current NVG drawdown is -8.54%. The current FXL drawdown is -4.63%.
| Rank | NVG | FXL |
|---|---|---|
| #1 | -41.66% May 11, 2007 - Aug 25, 2009 | -61.41% Oct 10, 2007 - Dec 10, 2010 |
| #2 | -40.57% Dec 31, 2021 - Oct 25, 2023 | -38.49% Nov 9, 2021 - Feb 9, 2024 |
| #3 | -26.56% Mar 3, 2020 - Dec 3, 2020 | -33.96% Feb 19, 2020 - May 29, 2020 |
| #4 | -23.03% Nov 30, 2012 - Jan 13, 2015 | -31.96% Feb 17, 2011 - Jul 11, 2013 |
| #5 | -16.64% Mar 10, 2004 - Feb 3, 2005 | -28.27% Feb 18, 2025 - Jul 25, 2025 |
| #6 | -15.58% Aug 27, 2010 - Sep 9, 2011 | -25.96% Jun 3, 2015 - Nov 15, 2016 |
| #7 | -13.96% Aug 12, 2016 - Aug 1, 2017 | -25.37% Sep 14, 2018 - Mar 21, 2019 |
| #8 | -11.44% Jun 17, 2003 - Jan 12, 2004 | -15.54% Feb 12, 2021 - Jun 29, 2021 |
| #9 | -10.73% Jan 8, 2018 - Mar 4, 2019 | -15.21% Jun 2, 2026 - Aug 13, 2026 |
| #10 | -8.56% Oct 7, 2002 - Mar 11, 2003 | -14.06% Jul 16, 2024 - Oct 14, 2024 |
| #11 | -8.50% Feb 3, 2005 - May 31, 2005 | -13.69% Sep 18, 2014 - Nov 21, 2014 |
| #12 | -7.72% Sep 1, 2021 - Dec 31, 2021 | -13.56% Jan 28, 2026 - Apr 16, 2026 |
| #13 | -6.58% Feb 8, 2012 - May 11, 2012 | -11.93% Oct 27, 2025 - Jan 28, 2026 |
| #14 | -6.50% Feb 2, 2015 - Dec 11, 2015 | -11.68% Sep 2, 2020 - Oct 9, 2020 |
| #15 | -6.41% Apr 28, 2006 - Jul 31, 2006 | -11.60% Apr 30, 2019 - Jul 10, 2019 |
Correlation
Correlation between NVG and FXL is 0.86 which considered as a strong positive correlation - the stocks tend to move together.
Dividend Comparison (2002 - 2026)
NVG vs FXL dividend yield comparison.
| Year | NVG | FXL |
|---|---|---|
| 2026 | 5.17% | 0.00% |
| 2025 | 7.49% | 0.01% |
| 2024 | 6.74% | 0.11% |
| 2023 | 4.45% | 0.41% |
| 2022 | 6.18% | 0.34% |
| 2021 | 4.69% | 0.11% |
| 2020 | 5.24% | 0.04% |
| 2019 | 4.94% | 0.37% |
| 2018 | 6.07% | 0.32% |
| 2017 | 5.67% | 0.27% |
| 2016 | 6.17% | 1.12% |
| 2015 | 5.46% | 0.36% |
| 2014 | 5.84% | 0.63% |
| 2013 | 5.71% | 0.32% |
| 2012 | 6.13% | 0.64% |
| 2011 | 5.99% | 0.00% |
| 2010 | 6.20% | 0.03% |
| 2009 | 5.24% | 0.00% |
| 2008 | 6.11% | 0.00% |
| 2007 | 5.44% | 0.00% |
| 2006 | 5.59% | 0.00% |
| 2005 | 6.18% | 0.00% |
| 2004 | 7.45% | 0.00% |
| 2003 | 6.59% | 0.00% |
| 2002 | 2.26% | 0.00% |
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