NZF vs TDTT

Comparison between Nuveen Municipal Credit Income Fund (NZF, ETF) and FLEXSHARES IBOXX 3-YEAR TARGET DURATION TIPS INDEX FUND (TDTT, ETF).

5-Year PerformanceTDTT has outperformed NZF, delivering a return of +2.6% compared to -0.6%

NZF vs TDTT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NZF(ETF)	TDTT(ETF)
Net Assets	$2.50B	$2.60B
Expense Ratio	N/A	0.18%
Max Drawdown	53.68%	14.05%
Sharpe Ratio	0.79	-0.77
5Y Beta	0.26	-0.00
5Y Dividends CAGR	5.65%	9.08%

Net Assets

NZF

$2.50B

Winner

TDTT

$2.60B

Expense Ratio

NZF

N/A

TDTT

0.18%

Max Drawdown

NZF

53.68%

Winner

TDTT

14.05%

Sharpe Ratio

Winner

NZF

0.79

TDTT

-0.77

5Y Beta

NZF

0.26

Winner

TDTT

-0.00

5Y Dividends CAGR

NZF

5.65%

Winner

TDTT

9.08%

NZF vs TDTT - Historical Returns

Returns include dividend reinvestment.

Period	NZF	TDTT
1 month	-2.06%	-0.18%
3 months	-0.49%	-0.35%
6 months	+0.60%	+0.87%
1 year	+11.97%	+2.36%
5 years(CAGR)	-0.63%	+2.57%
10 years(CAGR)	+3.29%	+3.04%
Max(CAGR)	+5.36%	+2.15%

NZF

-2.06%

Winner

TDTT

-0.18%

NZF

-0.49%

Winner

TDTT

-0.35%

NZF

+0.60%

Winner

TDTT

+0.87%

Winner

NZF

+11.97%

TDTT

+2.36%

5Y(CAGR)

NZF

-0.63%

Winner

TDTT

+2.57%

10Y(CAGR)

Winner

NZF

+3.29%

TDTT

+3.04%

Max(CAGR)

Winner

NZF

+5.36%

TDTT

+2.15%

NZF vs TDTT - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	NZF	TDTT
2026	+2.27%	+1.38%
2025	+10.22%	+6.49%
2024	+9.27%	+4.00%
2023	+0.81%	+4.36%
2022	-25.42%	-4.64%
2021	+12.24%	+5.33%
2020	+4.20%	+6.71%
2019	+25.44%	+5.65%
2018	-6.42%	+0.21%
2017	+13.98%	+0.35%
2016	+4.29%	+2.76%
2015	+9.73%	-0.62%
2014	+17.83%	-1.92%
2013	-14.78%	-2.01%
2012	+9.39%	+2.81%
2011	+18.65%	+0.60%
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 TDTT Drawdown Comparison

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

The maximum drawdown for TDTT was -6.95%, occurring on Sep 27, 2022. Recovery took 570 trading sessions.

The current NZF drawdown is -4.36%. The current TDTT drawdown is -0.60%.

Rank	NZF	TDTT
#1	-48.48% Dec 27, 2006 - Sep 8, 2009	-6.95% Mar 11, 2022 - Jun 18, 2024
#2	-37.40% Nov 9, 2021 - Oct 25, 2023	-6.62% Mar 3, 2020 - Jun 1, 2020
#3	-29.81% Feb 21, 2020 - Dec 31, 2020	-4.75% Sep 14, 2012 - Feb 22, 2019
#4	-24.09% Nov 23, 2012 - Jan 30, 2015	-2.59% Nov 17, 2021 - Mar 1, 2022
#5	-15.42% Sep 1, 2010 - Sep 12, 2011	-1.53% Sep 24, 2024 - Feb 3, 2025
#6	-15.12% Mar 9, 2004 - Nov 3, 2004	-1.51% Sep 28, 2011 - Oct 31, 2011
#7	-13.69% Jul 8, 2016 - Jul 28, 2017	-1.43% Nov 2, 2011 - Jan 26, 2012
#8	-10.58% Sep 10, 2018 - Feb 27, 2019	-1.42% Mar 16, 2012 - Aug 6, 2012
#9	-10.37% Oct 3, 2001 - Aug 29, 2002	-1.40% Apr 3, 2025 - Apr 28, 2025
#10	-8.44% Oct 7, 2002 - Apr 21, 2003	-1.16% Apr 30, 2025 - Jun 26, 2025
#11	-8.36% Jun 12, 2003 - Jan 7, 2004	-1.09% Aug 28, 2019 - Dec 13, 2019
#12	-8.23% Sep 6, 2005 - Jan 5, 2006	-0.97% May 13, 2026 - Jun 17, 2026
#13	-8.01% Dec 7, 2017 - Sep 5, 2018	-0.97% May 17, 2021 - Jul 12, 2021
#14	-7.98% Oct 7, 2009 - Jan 29, 2010	-0.90% Mar 17, 2026 - Apr 13, 2026
#15	-7.16% Feb 2, 2015 - Dec 8, 2015	-0.90% Aug 6, 2012 - Sep 13, 2012

Correlation

Correlation between NZF and TDTT is 0.80 which considered as a strong positive correlation - the stocks tend to move together.

0.80

-101

Dividend Comparison (2001 - 2026)

NZF vs TDTT dividend yield comparison.

Year	NZF	TDTT
2026	4.50%	3.71%
2025	7.58%	4.52%
2024	6.84%	4.01%
2023	4.51%	3.88%
2022	5.80%	6.97%
2021	4.63%	4.53%
2020	4.74%	1.15%
2019	4.82%	1.91%
2018	6.05%	2.48%
2017	5.86%	1.88%
2016	6.26%	1.01%
2015	5.50%	0.00%
2014	5.32%	0.85%
2013	5.88%	0.19%
2012	5.73%	0.95%
2011	6.39%	0.27%
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%