PGZ vs NACP

Comparison between Principal Real Estate Income Fund (PGZ, ETF) and IMPACT SHARES NAACP MINORITY EMPOWERMENT ETF (NACP, ETF).

5-Year PerformanceNACP has outperformed PGZ, delivering a return of +15.6% compared to +2.2%

PGZ vs NACP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PGZ(ETF)	NACP(ETF)
Net Assets	$75M	$75M
Expense Ratio	N/A	0.49%
Max Drawdown	61.11%	30.96%
Sharpe Ratio	0.51	1.99
5Y Beta	0.31	1.01
P/E Ratio	N/A	28.72
Forward P/E	N/A	21.06
PEG Ratio	N/A	0.27
5Y Dividends CAGR	2.23%	-5.52%
5Y EPS CAGR	N/A	22.81%
Debt to Equity	N/A	41.87%
P/S Ratio	N/A	3.59
P/B Ratio	N/A	5.32

Net Assets

Winner

PGZ

$75M

NACP

$75M

Expense Ratio

PGZ

N/A

NACP

0.49%

Max Drawdown

PGZ

61.11%

Winner

NACP

30.96%

Sharpe Ratio

PGZ

0.51

Winner

NACP

1.99

5Y Beta

Winner

PGZ

0.31

NACP

1.01

P/E Ratio

PGZ

N/A

NACP

28.72

Forward P/E

PGZ

N/A

NACP

21.06

PEG Ratio

PGZ

N/A

NACP

0.27

5Y Dividends CAGR

Winner

PGZ

2.23%

NACP

-5.52%

5Y EPS CAGR

PGZ

N/A

NACP

22.81%

Debt to Equity

PGZ

N/A

NACP

41.87%

P/S Ratio

PGZ

N/A

NACP

3.59

P/B Ratio

PGZ

N/A

NACP

5.32

PGZ vs NACP - Historical Returns

Returns include dividend reinvestment.

Period	PGZ	NACP
1 month	+2.04%	+3.54%
3 months	+4.99%	+20.72%
6 months	+7.52%	+19.69%
1 year	+8.38%	+39.57%
5 years(CAGR)	+2.15%	+15.58%
10 years(CAGR)	+4.07%	N/A
Max(CAGR)	+4.51%	+17.06%

PGZ

+2.04%

Winner

NACP

+3.54%

PGZ

+4.99%

Winner

NACP

+20.72%

PGZ

+7.52%

Winner

NACP

+19.69%

PGZ

+8.38%

Winner

NACP

+39.57%

5Y(CAGR)

PGZ

+2.15%

Winner

NACP

+15.58%

10Y(CAGR)

PGZ

+4.07%

NACP

N/A

Max(CAGR)

PGZ

+4.51%

Winner

NACP

+17.06%

PGZ vs NACP - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	PGZ	NACP
2026	+6.81%	+18.57%
2025	+14.11%	+21.38%
2024	+17.42%	+24.70%
2023	+2.50%	+30.17%
2022	-28.14%	-23.79%
2021	+39.70%	+29.00%
2020	-36.20%	+24.78%
2019	+40.88%	+29.84%
2018	+3.84%	-8.78%
2017	+17.19%	N/A
2016	+6.97%	N/A
2015	-2.54%	N/A
2014	+18.84%	N/A
2013	-11.41%	N/A

PGZ vs NACP Drawdown Comparison

The maximum drawdown for PGZ was -53.48%, occurring on Oct 30, 2020. This drawdown has not yet recovered.

The maximum drawdown for NACP was -30.96%, occurring on Mar 23, 2020. Recovery took 104 trading sessions.

The current PGZ drawdown is -8.97%. The current NACP drawdown is -1.46%.

Rank	PGZ	NACP
#1	-53.48% Feb 18, 2020 - Oct 30, 2020	-30.96% Feb 20, 2020 - Jul 20, 2020
#2	-22.12% Jun 12, 2015 - Jun 10, 2016	-27.89% Jan 3, 2022 - Jan 18, 2024
#3	-15.75% Aug 24, 2018 - Mar 14, 2019	-19.65% Feb 19, 2025 - Jul 2, 2025
#4	-15.70% Jul 24, 2013 - Apr 28, 2014	-17.52% Sep 21, 2018 - Mar 21, 2019
#5	-12.40% Sep 7, 2016 - Mar 31, 2017	-9.86% Sep 2, 2020 - Nov 9, 2020
#6	-11.76% Sep 12, 2017 - Jul 3, 2018	-9.65% Jan 29, 2026 - Apr 14, 2026
#7	-5.22% Sep 8, 2014 - Nov 3, 2014	-8.73% Jul 16, 2024 - Sep 19, 2024
#8	-4.50% Jun 14, 2017 - Jul 17, 2017	-7.18% Apr 30, 2019 - Jun 20, 2019
#9	-4.46% Aug 7, 2019 - Aug 20, 2019	-6.91% Jul 26, 2019 - Oct 30, 2019
#10	-4.22% Jul 17, 2017 - Sep 6, 2017	-5.83% Oct 28, 2025 - Dec 5, 2025
#11	-4.20% Aug 23, 2019 - Sep 25, 2019	-5.73% Sep 3, 2021 - Oct 21, 2021
#12	-3.74% Oct 31, 2019 - Nov 29, 2019	-5.49% Feb 12, 2021 - Mar 15, 2021
#13	-3.66% Dec 17, 2019 - Jan 15, 2020	-5.36% Mar 28, 2024 - May 15, 2024
#14	-3.66% Jun 12, 2014 - Jul 14, 2014	-4.86% Jun 4, 2026 - Jun 10, 2026
#15	-3.61% Jun 17, 2016 - Sep 6, 2016	-4.85% Nov 19, 2021 - Dec 27, 2021

Correlation

Correlation between PGZ and NACP is 0.36 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.36

-101

Dividend Comparison (2013 - 2026)

PGZ vs NACP dividend yield comparison.

Year	PGZ	NACP
2026	5.17%	0.21%
2025	12.59%	0.62%
2024	12.75%	2.96%
2023	13.33%	1.28%
2022	11.86%	3.48%
2021	6.32%	3.06%
2020	10.34%	1.48%
2019	6.25%	1.22%
2018	7.98%	0.71%
2017	9.51%	0.00%
2016	10.90%	0.00%
2015	10.40%	0.00%
2014	8.98%	0.00%
2013	3.96%	0.00%