NVG vs GSUS

Comparison between Nuveen AMT-Free Municipal Credit Income Fund (NVG, ETF) and GOLDMAN SACHS MARKETBETA U.S. EQUITY ETF (GSUS, ETF).

5-Year PerformanceGSUS has outperformed NVG, delivering a return of +13.1% compared to -0.1%

NVG vs GSUS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NVG(ETF)	GSUS(ETF)
Net Assets	$2.70B	$2.70B
Expense Ratio	N/A	0.07%
Max Drawdown	47.81%	26.37%
Sharpe Ratio	1.04	2.05
5Y Beta	0.22	0.98
P/E Ratio	N/A	28.89
Forward P/E	N/A	21.98
PEG Ratio	N/A	0.52
5Y Dividends CAGR	2.97%	17.19%
5Y EPS CAGR	N/A	29.27%
Debt to Equity	N/A	38.37%
P/S Ratio	N/A	3.64
P/B Ratio	N/A	5.72

Net Assets

NVG

$2.70B

GSUS

$2.70B

Expense Ratio

NVG

N/A

GSUS

0.07%

Max Drawdown

NVG

47.81%

Winner

GSUS

26.37%

Sharpe Ratio

NVG

1.04

Winner

GSUS

2.05

5Y Beta

Winner

NVG

0.22

GSUS

0.98

P/E Ratio

NVG

N/A

GSUS

28.89

Forward P/E

NVG

N/A

GSUS

21.98

PEG Ratio

NVG

N/A

GSUS

0.52

5Y Dividends CAGR

NVG

2.97%

Winner

GSUS

17.19%

5Y EPS CAGR

NVG

N/A

GSUS

29.27%

Debt to Equity

NVG

N/A

GSUS

38.37%

P/S Ratio

NVG

N/A

GSUS

3.64

P/B Ratio

NVG

N/A

GSUS

5.72

NVG vs GSUS - Historical Returns

Returns include dividend reinvestment.

Period	NVG	GSUS
1 month	+1.82%	+9.23%
3 months	-1.70%	+6.65%
6 months	+6.10%	+9.97%
1 year	+14.58%	+32.02%
5 years(CAGR)	-0.13%	+13.13%
10 years(CAGR)	+3.80%	N/A
Max(CAGR)	+5.34%	+18.83%

NVG

+1.82%

Winner

GSUS

+9.23%

NVG

-1.70%

Winner

GSUS

+6.65%

NVG

+6.10%

Winner

GSUS

+9.97%

NVG

+14.58%

Winner

GSUS

+32.02%

5Y(CAGR)

NVG

-0.13%

Winner

GSUS

+13.13%

10Y(CAGR)

NVG

+3.80%

GSUS

N/A

Max(CAGR)

NVG

+5.34%

Winner

GSUS

+18.83%

NVG vs GSUS - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	NVG	GSUS
2026	+3.13%	+7.88%
2025	+9.98%	+18.45%
2024	+9.69%	+26.15%
2023	+0.11%	+28.20%
2022	-27.85%	-20.21%
2021	+13.29%	+28.99%
2020	+6.38%	+34.82%
2019	+23.79%	N/A
2018	-4.20%	N/A
2017	+12.94%	N/A
2016	+5.52%	N/A
2015	+8.10%	N/A
2014	+19.22%	N/A
2013	-15.57%	N/A
2012	+8.01%	N/A
2011	+17.91%	N/A
2010	+1.39%	N/A
2009	+30.55%	N/A
2008	-10.71%	N/A
2007	-6.77%	N/A
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 GSUS Drawdown Comparison

The maximum drawdown for NVG was -41.66%, occurring on Oct 10, 2008. Recovery took 577 trading sessions.

The maximum drawdown for GSUS was -25.63%, occurring on Oct 12, 2022. Recovery took 492 trading sessions.

The current NVG drawdown is -6.94%.

Rank	NVG	GSUS
#1	-41.66% May 11, 2007 - Aug 25, 2009	-25.63% Dec 29, 2021 - Dec 13, 2023
#2	-40.57% Dec 31, 2021 - Oct 25, 2023	-19.07% Feb 19, 2025 - Jun 26, 2025
#3	-26.56% Mar 3, 2020 - Dec 3, 2020	-9.66% Sep 2, 2020 - Nov 13, 2020
#4	-23.03% Nov 30, 2012 - Jan 13, 2015	-9.25% Jan 12, 2026 - Apr 15, 2026
#5	-16.64% Mar 10, 2004 - Feb 3, 2005	-8.48% Jul 16, 2024 - Sep 19, 2024
#6	-15.58% Aug 27, 2010 - Sep 9, 2011	-6.32% Jun 8, 2020 - Jul 14, 2020
#7	-13.96% Aug 12, 2016 - Aug 1, 2017	-5.39% Sep 3, 2021 - Oct 20, 2021
#8	-11.44% Jun 17, 2003 - Jan 12, 2004	-5.27% Oct 29, 2025 - Dec 11, 2025
#9	-10.73% Jan 8, 2018 - Mar 4, 2019	-5.26% Mar 27, 2024 - May 14, 2024
#10	-8.56% Oct 7, 2002 - Mar 11, 2003	-5.00% Feb 12, 2021 - Mar 15, 2021
#11	-8.50% Feb 3, 2005 - May 31, 2005	-4.37% Dec 6, 2024 - Jan 23, 2025
#12	-7.72% Sep 1, 2021 - Dec 31, 2021	-4.29% Nov 16, 2021 - Dec 23, 2021
#13	-6.58% Feb 8, 2012 - May 11, 2012	-4.09% May 7, 2021 - Jun 4, 2021
#14	-6.50% Feb 2, 2015 - Dec 11, 2015	-3.34% Jan 21, 2021 - Feb 4, 2021
#15	-6.41% Apr 28, 2006 - Jul 31, 2006	-2.90% Oct 8, 2025 - Oct 24, 2025

Correlation

Correlation between NVG and GSUS is 0.30 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.30

-101

Dividend Comparison (2002 - 2026)

NVG vs GSUS dividend yield comparison.

Year	NVG	GSUS
2026	2.48%	0.27%
2025	7.49%	1.04%
2024	6.74%	1.19%
2023	4.45%	1.32%
2022	6.18%	1.51%
2021	4.69%	1.13%
2020	5.24%	0.78%
2019	4.94%	0.00%
2018	6.07%	0.00%
2017	5.67%	0.00%
2016	6.17%	0.00%
2015	5.46%	0.00%
2014	5.84%	0.00%
2013	5.71%	0.00%
2012	6.13%	0.00%
2011	5.99%	0.00%
2010	6.20%	0.00%
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%