NZF vs CGNG

Comparison between Nuveen Municipal Credit Income Fund (NZF, ETF) and CAPITAL GROUP NEW GEOGRAPHY EQUITY ETF SHARE CLASS (CGNG, ETF).

NZF vs CGNG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NZF(ETF)	CGNG(ETF)
Net Assets	$2.40B	$2.40B
Expense Ratio	N/A	0.64%
Max Drawdown	53.68%	16.13%
Sharpe Ratio	1.11	1.34
5Y Beta	0.25	0.91
5Y Dividends CAGR	4.07%	N/A

Net Assets

NZF

$2.40B

CGNG

$2.40B

Expense Ratio

NZF

N/A

CGNG

0.64%

Max Drawdown

NZF

53.68%

Winner

CGNG

16.13%

Sharpe Ratio

NZF

1.11

Winner

CGNG

1.34

5Y Beta

Winner

NZF

0.25

CGNG

0.91

5Y Dividends CAGR

NZF

4.07%

CGNG

N/A

NZF vs CGNG - Historical Returns

Returns include dividend reinvestment.

Period	NZF	CGNG
1 month	+3.08%	+2.47%
3 months	+5.08%	+14.81%
6 months	+4.93%	+13.97%
1 year	+15.92%	+32.44%
5 years(CAGR)	-0.06%	N/A
10 years(CAGR)	+3.69%	N/A
Max(CAGR)	+5.45%	+21.25%

Winner

NZF

+3.08%

CGNG

+2.47%

NZF

+5.08%

Winner

CGNG

+14.81%

NZF

+4.93%

Winner

CGNG

+13.97%

NZF

+15.92%

Winner

CGNG

+32.44%

5Y(CAGR)

NZF

-0.06%

CGNG

N/A

10Y(CAGR)

NZF

+3.69%

CGNG

N/A

Max(CAGR)

NZF

+5.45%

Winner

CGNG

+21.25%

NZF vs CGNG - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	NZF	CGNG
2026	+3.76%	+11.85%
2025	+10.22%	+29.31%
2024	+9.27%	-0.97%
2023	+0.81%	N/A
2022	-25.42%	N/A
2021	+12.24%	N/A
2020	+4.20%	N/A
2019	+25.44%	N/A
2018	-6.42%	N/A
2017	+13.98%	N/A
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 CGNG Drawdown Comparison

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

The maximum drawdown for CGNG was -15.90%, occurring on Apr 8, 2025. Recovery took 148 trading sessions.

The current NZF drawdown is -2.96%. The current CGNG drawdown is -4.38%.

Rank	NZF	CGNG
#1	-48.48% Dec 27, 2006 - Sep 8, 2009	-15.90% Oct 7, 2024 - May 12, 2025
#2	-37.40% Nov 9, 2021 - Oct 25, 2023	-13.75% Feb 25, 2026 - May 5, 2026
#3	-29.81% Feb 21, 2020 - Dec 31, 2020	-8.64% Jul 12, 2024 - Sep 19, 2024
#4	-24.09% Nov 23, 2012 - Jan 30, 2015	-7.27% Jun 2, 2026 - Jun 18, 2026
#5	-15.42% Sep 1, 2010 - Sep 12, 2011	-5.06% Oct 29, 2025 - Dec 24, 2025
#6	-15.12% Mar 9, 2004 - Nov 3, 2004	-4.50% May 6, 2026 - May 26, 2026
#7	-13.69% Jul 8, 2016 - Jul 28, 2017	-4.38% Jun 22, 2026 - Jun 23, 2026
#8	-10.58% Sep 10, 2018 - Feb 27, 2019	-3.69% Oct 8, 2025 - Oct 20, 2025
#9	-10.37% Oct 3, 2001 - Aug 29, 2002	-3.32% Jan 28, 2026 - Feb 9, 2026
#10	-8.44% Oct 7, 2002 - Apr 21, 2003	-3.01% Jul 23, 2025 - Aug 12, 2025
#11	-8.36% Jun 12, 2003 - Jan 7, 2004	-2.41% Jun 11, 2025 - Jun 24, 2025
#12	-8.23% Sep 6, 2005 - Jan 5, 2006	-2.06% Jan 12, 2026 - Jan 23, 2026
#13	-8.01% Dec 7, 2017 - Sep 5, 2018	-1.53% Feb 11, 2026 - Feb 20, 2026
#14	-7.98% Oct 7, 2009 - Jan 29, 2010	-1.52% Aug 28, 2025 - Sep 5, 2025
#15	-7.16% Feb 2, 2015 - Dec 8, 2015	-1.39% Aug 13, 2025 - Aug 22, 2025

Correlation

Correlation between NZF and CGNG is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90

-101

Dividend Comparison (2001 - 2026)

NZF vs CGNG dividend yield comparison.

Year	NZF	CGNG
2026	3.78%	0.00%
2025	7.58%	0.68%
2024	6.84%	0.27%
2023	4.51%	0.00%
2022	5.80%	0.00%
2021	4.63%	0.00%
2020	4.74%	0.00%
2019	4.82%	0.00%
2018	6.05%	0.00%
2017	5.86%	0.00%
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%