NZF vs SLQD

Comparison between Nuveen Municipal Credit Income Fund (NZF, ETF) and ISHARES 0-5 YEAR INVESTMENT GRADE CORPORATE BOND ETF (SLQD, ETF).

5-Year PerformanceSLQD has outperformed NZF, delivering a return of +2.6% compared to -0.5%

NZF vs SLQD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NZF(ETF)	SLQD(ETF)
Net Assets	$2.40B	$2.40B
Expense Ratio	N/A	0.06%
Max Drawdown	53.68%	12.69%
Sharpe Ratio	0.83	-0.26
5Y Beta	0.26	0.03
5Y Dividends CAGR	5.65%	15.88%

Net Assets

NZF

$2.40B

SLQD

$2.40B

Expense Ratio

NZF

N/A

SLQD

0.06%

Max Drawdown

NZF

53.68%

Winner

SLQD

12.69%

Sharpe Ratio

Winner

NZF

0.83

SLQD

-0.26

5Y Beta

NZF

0.26

Winner

SLQD

0.03

5Y Dividends CAGR

NZF

5.65%

Winner

SLQD

15.88%

NZF vs SLQD - Historical Returns

Returns include dividend reinvestment.

Period	NZF	SLQD
1 month	-0.64%	+0.25%
3 months	+0.55%	+0.65%
6 months	+1.33%	+0.89%
1 year	+12.50%	+3.49%
5 years(CAGR)	-0.49%	+2.62%
10 years(CAGR)	+3.37%	+2.65%
Max(CAGR)	+5.39%	+2.52%

NZF

-0.64%

Winner

SLQD

+0.25%

NZF

+0.55%

Winner

SLQD

+0.65%

Winner

NZF

+1.33%

SLQD

+0.89%

Winner

NZF

+12.50%

SLQD

+3.49%

5Y(CAGR)

NZF

-0.49%

Winner

SLQD

+2.62%

10Y(CAGR)

Winner

NZF

+3.37%

SLQD

+2.65%

Max(CAGR)

Winner

NZF

+5.39%

SLQD

+2.52%

NZF vs SLQD - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	NZF	SLQD
2026	+3.02%	+1.36%
2025	+10.22%	+6.23%
2024	+9.27%	+5.15%
2023	+0.81%	+5.87%
2022	-25.42%	-4.27%
2021	+12.24%	-0.53%
2020	+4.20%	+4.70%
2019	+25.44%	+6.05%
2018	-6.42%	+1.15%
2017	+13.98%	+2.17%
2016	+4.29%	+1.81%
2015	+9.73%	+1.23%
2014	+17.83%	+1.65%
2013	-14.78%	+0.49%
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 SLQD Drawdown Comparison

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

The maximum drawdown for SLQD was -12.69%, occurring on Mar 19, 2020. Recovery took 53 trading sessions.

The current NZF drawdown is -3.66%.

Rank	NZF	SLQD
#1	-48.48% Dec 27, 2006 - Sep 8, 2009	-12.69% Mar 4, 2020 - May 19, 2020
#2	-37.40% Nov 9, 2021 - Oct 25, 2023	-7.63% Aug 2, 2021 - Dec 20, 2023
#3	-29.81% Feb 21, 2020 - Dec 31, 2020	-1.52% Aug 24, 2016 - Apr 11, 2017
#4	-24.09% Nov 23, 2012 - Jan 30, 2015	-1.16% Sep 8, 2017 - Aug 13, 2018
#5	-15.42% Sep 1, 2010 - Sep 12, 2011	-1.06% Feb 27, 2026 - May 28, 2026
#6	-15.12% Mar 9, 2004 - Nov 3, 2004	-1.05% Oct 27, 2015 - Mar 16, 2016
#7	-13.69% Jul 8, 2016 - Jul 28, 2017	-0.96% Apr 15, 2015 - Oct 14, 2015
#8	-10.58% Sep 10, 2018 - Feb 27, 2019	-0.92% Apr 3, 2025 - Apr 25, 2025
#9	-10.37% Oct 3, 2001 - Aug 29, 2002	-0.87% Dec 31, 2020 - May 25, 2021
#10	-8.44% Oct 7, 2002 - Apr 21, 2003	-0.82% Sep 27, 2024 - Dec 6, 2024
#11	-8.36% Jun 12, 2003 - Jan 7, 2004	-0.77% Jan 30, 2015 - Mar 18, 2015
#12	-8.23% Sep 6, 2005 - Jan 5, 2006	-0.77% Oct 15, 2014 - Jan 9, 2015
#13	-8.01% Dec 7, 2017 - Sep 5, 2018	-0.76% Mar 27, 2024 - May 3, 2024
#14	-7.98% Oct 7, 2009 - Jan 29, 2010	-0.74% Sep 4, 2019 - Oct 1, 2019
#15	-7.16% Feb 2, 2015 - Dec 8, 2015	-0.67% Aug 19, 2014 - Oct 8, 2014

Correlation

Correlation between NZF and SLQD is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86

-101

Dividend Comparison (2001 - 2026)

NZF vs SLQD dividend yield comparison.

Year	NZF	SLQD
2026	4.47%	2.56%
2025	7.58%	4.15%
2024	6.84%	3.71%
2023	4.51%	2.99%
2022	5.80%	2.00%
2021	4.63%	1.67%
2020	4.74%	2.34%
2019	4.82%	2.89%
2018	6.05%	2.55%
2017	5.86%	1.98%
2016	6.26%	1.81%
2015	5.50%	1.43%
2014	5.32%	1.23%
2013	5.88%	0.23%
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%