NZF vs BCI

Comparison between Nuveen Municipal Credit Income Fund (NZF, ETF) and abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI, ETF).

5-Year PerformanceBCI has outperformed NZF, delivering a return of +11.3% compared to +0.3%

NZF vs BCI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NZF(ETF)	BCI(ETF)
Net Assets	$2.40B	$2.50B
Expense Ratio	N/A	0.26%
Max Drawdown	53.68%	40.40%
Sharpe Ratio	0.99	1.93
5Y Beta	0.25	0.16
5Y Dividends CAGR	5.94%	84.75%

Net Assets

NZF

$2.40B

Winner

BCI

$2.50B

Expense Ratio

NZF

N/A

BCI

0.26%

Max Drawdown

NZF

53.68%

Winner

BCI

40.40%

Sharpe Ratio

NZF

0.99

Winner

BCI

1.93

5Y Beta

NZF

0.25

Winner

BCI

0.16

5Y Dividends CAGR

NZF

5.94%

Winner

BCI

84.75%

NZF vs BCI - Historical Returns

Returns include dividend reinvestment.

Period	NZF	BCI
1 month	+2.00%	+5.25%
3 months	-0.15%	+17.30%
6 months	+4.82%	+30.55%
1 year	+14.04%	+40.51%
5 years(CAGR)	+0.27%	+11.35%
10 years(CAGR)	+3.83%	+7.57%
Max(CAGR)	+5.44%	+7.57%

NZF

+2.00%

Winner

BCI

+5.25%

NZF

-0.15%

Winner

BCI

+17.30%

NZF

+4.82%

Winner

BCI

+30.55%

NZF

+14.04%

Winner

BCI

+40.51%

5Y(CAGR)

NZF

+0.27%

Winner

BCI

+11.35%

10Y(CAGR)

NZF

+3.83%

Winner

BCI

+7.57%

Max(CAGR)

NZF

+5.44%

Winner

BCI

+7.57%

NZF vs BCI - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	NZF	BCI
2026	+2.78%	+27.20%
2025	+10.22%	+14.07%
2024	+9.27%	+6.12%
2023	+0.81%	-6.42%
2022	-25.42%	+14.85%
2021	+12.24%	+25.51%
2020	+4.20%	-2.79%
2019	+25.44%	+7.26%
2018	-6.42%	-11.66%
2017	+13.98%	+2.93%
2016	+4.29%	N/A
2015	+9.73%	N/A
2014	+17.83%	N/A
2013	-14.78%	N/A
2012	+9.39%	N/A
2011	+18.65%	N/A
2010	+5.85%	N/A
2009	+35.91%	N/A
2008	-22.21%	N/A
2007	-10.97%	N/A
2006	+14.46%	N/A
2005	+11.74%	N/A
2004	+6.26%	N/A
2003	+12.36%	N/A
2002	+5.43%	N/A
2001	-9.18%	N/A

NZF vs BCI Drawdown Comparison

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

The maximum drawdown for BCI was -32.69%, occurring on Mar 18, 2020. Recovery took 735 trading sessions.

The current NZF drawdown is -3.89%. The current BCI drawdown is -2.51%.

Rank	NZF	BCI
#1	-48.48% Dec 27, 2006 - Sep 8, 2009	-32.69% May 23, 2018 - Apr 26, 2021
#2	-37.40% Nov 9, 2021 - Oct 25, 2023	-26.44% Jun 7, 2022 - Jan 23, 2026
#3	-29.81% Feb 21, 2020 - Dec 31, 2020	-11.67% Mar 8, 2022 - Apr 18, 2022
#4	-24.09% Nov 23, 2012 - Jan 30, 2015	-10.46% Oct 25, 2021 - Jan 27, 2022
#5	-15.42% Sep 1, 2010 - Sep 12, 2011	-8.26% Apr 18, 2022 - Jun 6, 2022
#6	-15.12% Mar 9, 2004 - Nov 3, 2004	-8.12% Apr 11, 2017 - Nov 2, 2017
#7	-13.69% Jul 8, 2016 - Jul 28, 2017	-7.61% Jan 29, 2026 - Mar 4, 2026
#8	-10.58% Sep 10, 2018 - Feb 27, 2019	-6.51% Jul 29, 2021 - Sep 13, 2021
#9	-10.37% Oct 3, 2001 - Aug 29, 2002	-5.69% Jan 26, 2018 - May 21, 2018
#10	-8.44% Oct 7, 2002 - Apr 21, 2003	-5.29% Jun 11, 2021 - Jul 2, 2021
#11	-8.36% Jun 12, 2003 - Jan 7, 2004	-5.09% Nov 6, 2017 - Dec 29, 2017
#12	-8.23% Sep 6, 2005 - Jan 5, 2006	-4.70% Mar 18, 2026 - Mar 30, 2026
#13	-8.01% Dec 7, 2017 - Sep 5, 2018	-4.41% Apr 6, 2026 - Apr 28, 2026
#14	-7.98% Oct 7, 2009 - Jan 29, 2010	-4.00% Sep 15, 2021 - Sep 27, 2021
#15	-7.16% Feb 2, 2015 - Dec 8, 2015	-3.62% May 11, 2021 - Jun 1, 2021

Correlation

Correlation between NZF and BCI is 0.35 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.35

-101

Dividend Comparison (2001 - 2026)

NZF vs BCI dividend yield comparison.

Year	NZF	BCI
2026	2.51%	0.00%
2025	7.58%	16.49%
2024	6.84%	3.29%
2023	4.51%	3.93%
2022	5.80%	19.98%
2021	4.63%	19.43%
2020	4.74%	0.68%
2019	4.82%	1.47%
2018	6.05%	1.13%
2017	5.86%	5.02%
2016	6.26%	0.00%
2015	5.50%	0.00%
2014	5.32%	0.00%
2013	5.88%	0.00%
2012	5.73%	0.00%
2011	6.39%	0.00%
2010	7.37%	0.00%
2009	6.33%	0.00%
2008	7.81%	0.00%
2007	6.05%	0.00%
2006	5.66%	0.00%
2005	6.38%	0.00%
2004	6.81%	0.00%
2003	6.58%	0.00%
2002	6.65%	0.00%
2001	1.11%	0.00%