PABU vs NZF

Comparison between ISHARES PARIS-ALIGNED CLIMATE OPTIMIZED MSCI USA ETF (PABU, ETF) and Nuveen Municipal Credit Income Fund (NZF, ETF).

5-Year PerformancePABU has outperformed NZF, delivering a return of +12.0% compared to -0.8%

PABU vs NZF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PABU(ETF)	NZF(ETF)
Net Assets	$2.40B	$2.40B
Expense Ratio	0.10%	N/A
Max Drawdown	23.23%	53.68%
Sharpe Ratio	0.78	0.79
5Y Beta	1.03	0.27
P/E Ratio	26.70	N/A
Forward P/E	23.83	N/A
PEG Ratio	0.33	N/A
5Y Dividends CAGR	N/A	5.56%
5Y EPS CAGR	28.07%	N/A
Debt to Equity	38.14%	N/A
P/S Ratio	6.40	N/A
P/B Ratio	6.44	N/A

Net Assets

PABU

$2.40B

NZF

$2.40B

Expense Ratio

PABU

0.10%

NZF

N/A

Max Drawdown

Winner

PABU

23.23%

NZF

53.68%

Sharpe Ratio

PABU

0.78

Winner

NZF

0.79

5Y Beta

PABU

1.03

Winner

NZF

0.27

P/E Ratio

PABU

26.70

NZF

N/A

Forward P/E

PABU

23.83

NZF

N/A

PEG Ratio

PABU

0.33

NZF

N/A

5Y Dividends CAGR

PABU

N/A

NZF

5.56%

5Y EPS CAGR

PABU

28.07%

NZF

N/A

Debt to Equity

PABU

38.14%

NZF

N/A

P/S Ratio

PABU

6.40

NZF

N/A

P/B Ratio

PABU

6.44

NZF

N/A

PABU vs NZF - Historical Returns

Returns include dividend reinvestment.

Period	PABU	NZF
1 month	+3.62%	-0.74%
3 months	+1.97%	+1.34%
6 months	+13.22%	-1.29%
1 year	+15.89%	+12.18%
5 years(CAGR)	+12.02%	-0.76%
10 years(CAGR)	N/A	+3.21%
Max(CAGR)	+12.02%	+5.33%

Winner

PABU

+3.62%

NZF

-0.74%

Winner

PABU

+1.97%

NZF

+1.34%

Winner

PABU

+13.22%

NZF

-1.29%

Winner

PABU

+15.89%

NZF

+12.18%

5Y(CAGR)

Winner

PABU

+12.02%

NZF

-0.76%

10Y(CAGR)

PABU

N/A

NZF

+3.21%

Max(CAGR)

Winner

PABU

+12.02%

NZF

+5.33%

PABU vs NZF - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	PABU	NZF
2026	+8.53%	+1.76%
2025	+13.73%	+10.22%
2024	+25.60%	+9.27%
2023	+30.10%	+0.81%
2022	-15.44%	-25.42%
2021	N/A	+12.24%
2020	N/A	+4.20%
2019	N/A	+25.44%
2018	N/A	-6.42%
2017	N/A	+13.98%
2016	N/A	+4.29%
2015	N/A	+9.73%
2014	N/A	+17.83%
2013	N/A	-14.78%
2012	N/A	+9.39%
2011	N/A	+18.65%
2010	N/A	+5.85%
2009	N/A	+35.91%
2008	N/A	-22.21%
2007	N/A	-10.97%
2006	N/A	+14.46%
2005	N/A	+11.74%
2004	N/A	+6.26%
2003	N/A	+12.36%
2002	N/A	+5.43%
2001	N/A	-9.18%

PABU vs NZF Drawdown Comparison

The maximum drawdown for PABU was -22.75%, occurring on Oct 14, 2022. Recovery took 312 trading sessions.

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

The current PABU drawdown is -2.47%. The current NZF drawdown is -4.84%.

Rank	PABU	NZF
#1	-22.75% Feb 14, 2022 - Jul 13, 2023	-48.48% Dec 27, 2006 - Sep 8, 2009
#2	-20.84% Dec 11, 2024 - Jul 3, 2025	-37.40% Nov 9, 2021 - Oct 25, 2023
#3	-13.40% Oct 28, 2025 - May 1, 2026	-29.81% Feb 21, 2020 - Dec 31, 2020
#4	-11.47% Jul 19, 2023 - Dec 1, 2023	-24.09% Nov 23, 2012 - Jan 30, 2015
#5	-8.74% Jun 2, 2026 - Jun 25, 2026	-15.42% Sep 1, 2010 - Sep 12, 2011
#6	-8.30% Jul 16, 2024 - Aug 23, 2024	-15.12% Mar 9, 2004 - Nov 3, 2004
#7	-6.46% Mar 21, 2024 - May 15, 2024	-13.69% Jul 8, 2016 - Jul 28, 2017
#8	-3.96% Aug 23, 2024 - Sep 13, 2024	-10.58% Sep 10, 2018 - Feb 27, 2019
#9	-3.02% Oct 18, 2024 - Nov 6, 2024	-10.37% Oct 3, 2001 - Aug 29, 2002
#10	-2.87% Oct 8, 2025 - Oct 24, 2025	-8.44% Oct 7, 2002 - Apr 21, 2003
#11	-2.80% Dec 28, 2023 - Jan 19, 2024	-8.36% Jun 12, 2003 - Jan 7, 2004
#12	-2.42% Nov 8, 2024 - Nov 26, 2024	-8.23% Sep 6, 2005 - Jan 5, 2006
#13	-2.38% Jul 28, 2025 - Aug 8, 2025	-8.01% Dec 7, 2017 - Sep 5, 2018
#14	-1.96% Feb 9, 2024 - Feb 22, 2024	-7.98% Oct 7, 2009 - Jan 29, 2010
#15	-1.92% Jan 29, 2024 - Feb 2, 2024	-7.16% Feb 2, 2015 - Dec 8, 2015

Correlation

Correlation between PABU and NZF is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (2001 - 2026)

PABU vs NZF dividend yield comparison.

Year	PABU	NZF
2026	0.38%	5.20%
2025	0.90%	7.58%
2024	1.00%	6.84%
2023	1.06%	4.51%
2022	1.00%	5.80%
2021	0.00%	4.63%
2020	0.00%	4.74%
2019	0.00%	4.82%
2018	0.00%	6.05%
2017	0.00%	5.86%
2016	0.00%	6.26%
2015	0.00%	5.50%
2014	0.00%	5.32%
2013	0.00%	5.88%
2012	0.00%	5.73%
2011	0.00%	6.39%
2010	0.00%	7.37%
2009	0.00%	6.33%
2008	0.00%	7.81%
2007	0.00%	6.05%
2006	0.00%	5.66%
2005	0.00%	6.38%
2004	0.00%	6.81%
2003	0.00%	6.58%
2002	0.00%	6.65%
2001	0.00%	1.11%