NXJ vs HYEM

Comparison between Nuveen New Jersey Quality Municipal Income Fund (NXJ, ETF) and VANECK EMERGING MARKETS HIGH YIELD BOND ETF (HYEM, ETF).

5-Year PerformanceHYEM has outperformed NXJ, delivering a return of +2.9% compared to +2.0%

NXJ vs HYEM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NXJ(ETF)	HYEM(ETF)
Net Assets	$512M	$511M
Expense Ratio	N/A	0.40%
Max Drawdown	51.60%	40.87%
Sharpe Ratio	1.69	1.31
5Y Beta	0.11	0.23
5Y Dividends CAGR	8.36%	0.87%

Net Assets

Winner

NXJ

$512M

HYEM

$511M

Expense Ratio

NXJ

N/A

HYEM

0.40%

Max Drawdown

NXJ

51.60%

Winner

HYEM

40.87%

Sharpe Ratio

Winner

NXJ

1.69

HYEM

1.31

5Y Beta

Winner

NXJ

0.11

HYEM

0.23

5Y Dividends CAGR

Winner

NXJ

8.36%

HYEM

0.87%

NXJ vs HYEM - Historical Returns

Returns include dividend reinvestment.

Period	NXJ	HYEM
1 month	+3.56%	+0.46%
3 months	+3.24%	+2.55%
6 months	+2.25%	+4.24%
1 year	+18.58%	+9.34%
5 years(CAGR)	+2.00%	+2.92%
10 years(CAGR)	+3.79%	+4.65%
Max(CAGR)	+4.93%	+4.72%

Winner

NXJ

+3.56%

HYEM

+0.46%

Winner

NXJ

+3.24%

HYEM

+2.55%

NXJ

+2.25%

Winner

HYEM

+4.24%

Winner

NXJ

+18.58%

HYEM

+9.34%

5Y(CAGR)

NXJ

+2.00%

Winner

HYEM

+2.92%

10Y(CAGR)

NXJ

+3.79%

Winner

HYEM

+4.65%

Max(CAGR)

Winner

NXJ

+4.93%

HYEM

+4.72%

NXJ vs HYEM - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	NXJ	HYEM
2026	+0.77%	+3.71%
2025	+13.03%	+9.01%
2024	+9.63%	+12.45%
2023	+6.18%	+7.86%
2022	-22.32%	-12.90%
2021	+12.42%	-0.98%
2020	+3.35%	+6.12%
2019	+19.11%	+13.10%
2018	-1.48%	-3.50%
2017	+8.89%	+8.03%
2016	+2.84%	+15.76%
2015	+6.53%	+3.55%
2014	+13.83%	-2.46%
2013	-16.30%	-1.69%
2012	+15.41%	+12.10%
2011	+15.54%	N/A
2010	+9.23%	N/A
2009	+41.88%	N/A
2008	-26.49%	N/A
2007	-13.43%	N/A
2006	+9.82%	N/A
2005	+7.56%	N/A
2004	+6.54%	N/A
2003	+14.37%	N/A
2002	-3.25%	N/A

NXJ vs HYEM Drawdown Comparison

The maximum drawdown for NXJ was -46.06%, occurring on Oct 10, 2008. Recovery took 838 trading sessions.

The maximum drawdown for HYEM was -30.96%, occurring on Mar 19, 2020. Recovery took 192 trading sessions.

The current NXJ drawdown is -0.72%. The current HYEM drawdown is -0.15%.

Rank	NXJ	HYEM
#1	-46.06% Feb 8, 2007 - Jun 8, 2010	-30.96% Feb 12, 2020 - Nov 13, 2020
#2	-30.24% Sep 16, 2021 - Oct 15, 2025	-26.31% Jun 24, 2021 - Sep 17, 2024
#3	-26.43% Mar 6, 2020 - Feb 2, 2021	-14.00% Jul 11, 2014 - May 13, 2016
#4	-24.98% Nov 1, 2012 - Feb 10, 2016	-9.87% May 9, 2013 - Apr 1, 2014
#5	-19.47% Mar 1, 2004 - Jan 24, 2005	-7.30% Feb 1, 2018 - Feb 5, 2019
#6	-17.98% Nov 4, 2010 - Dec 7, 2011	-5.22% Feb 28, 2025 - May 16, 2025
#7	-15.81% Sep 6, 2016 - Mar 20, 2019	-4.81% Sep 30, 2016 - Jan 5, 2017
#8	-12.65% Feb 1, 2005 - Jul 1, 2005	-4.52% Aug 1, 2019 - Nov 25, 2019
#9	-12.51% Feb 17, 2006 - Dec 26, 2006	-3.51% May 14, 2012 - Jun 25, 2012
#10	-10.49% Sep 12, 2002 - Mar 5, 2003	-2.73% Feb 25, 2026 - Apr 16, 2026
#11	-8.81% Jul 2, 2003 - Nov 6, 2003	-2.50% Jun 25, 2012 - Jul 13, 2012
#12	-7.03% Mar 2, 2012 - May 11, 2012	-2.02% Feb 19, 2021 - May 6, 2021
#13	-6.83% Aug 30, 2005 - Dec 6, 2005	-1.78% Sep 11, 2012 - Oct 16, 2012
#14	-5.08% Feb 18, 2026 - Mar 27, 2026	-1.77% Jan 23, 2013 - Apr 4, 2013
#15	-5.08% Feb 11, 2021 - Apr 12, 2021	-1.60% Jan 17, 2020 - Feb 12, 2020

Correlation

Correlation between NXJ and HYEM is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2002 - 2026)

NXJ vs HYEM dividend yield comparison.

Year	NXJ	HYEM
2026	2.53%	2.68%
2025	7.45%	6.67%
2024	6.23%	6.34%
2023	3.23%	6.27%
2022	5.39%	6.47%
2021	4.56%	5.33%
2020	4.56%	5.56%
2019	4.51%	6.14%
2018	5.88%	5.71%
2017	5.14%	5.86%
2016	5.47%	6.25%
2015	6.10%	7.64%
2014	5.52%	6.77%
2013	5.34%	6.14%
2012	5.21%	3.91%
2011	5.50%	0.00%
2010	6.38%	0.00%
2009	5.35%	0.00%
2008	7.70%	0.00%
2007	5.71%	0.00%
2006	5.07%	0.00%
2005	6.47%	0.00%
2004	6.21%	0.00%
2003	6.00%	0.00%
2002	1.51%	0.00%