PNI vs IEUS

Comparison between Pimco New York Municipal Income Fund II (PNI, ETF) and ISHARES MSCI EUROPE SMALL-CAP ETF (IEUS, ETF).

5-Year PerformanceIEUS has outperformed PNI, delivering a return of +2.5% compared to -5.3%

PNI vs IEUS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PNI(ETF)	IEUS(ETF)
Net Assets	$187M	$187M
Expense Ratio	N/A	0.41%
Max Drawdown	64.22%	63.29%
Sharpe Ratio	0.78	0.54
5Y Beta	0.13	0.82
5Y Dividends CAGR	-2.71%	15.61%

Net Assets

Winner

PNI

$187M

IEUS

$187M

Expense Ratio

PNI

N/A

IEUS

0.41%

Max Drawdown

PNI

64.22%

Winner

IEUS

63.29%

Sharpe Ratio

Winner

PNI

0.78

IEUS

0.54

5Y Beta

Winner

PNI

0.13

IEUS

0.82

5Y Dividends CAGR

PNI

-2.71%

Winner

IEUS

15.61%

PNI vs IEUS - Historical Returns

Returns include dividend reinvestment.

Period	PNI	IEUS
1 month	+0.85%	-0.89%
3 months	+1.27%	+3.50%
6 months	+4.04%	+7.40%
1 year	+10.46%	+11.48%
5 years(CAGR)	-5.29%	+2.53%
10 years(CAGR)	-2.00%	+7.37%
Max(CAGR)	+2.72%	+5.15%

Winner

PNI

+0.85%

IEUS

-0.89%

PNI

+1.27%

Winner

IEUS

+3.50%

PNI

+4.04%

Winner

IEUS

+7.40%

PNI

+10.46%

Winner

IEUS

+11.48%

5Y(CAGR)

PNI

-5.29%

Winner

IEUS

+2.53%

10Y(CAGR)

PNI

-2.00%

Winner

IEUS

+7.37%

Max(CAGR)

PNI

+2.72%

Winner

IEUS

+5.15%

PNI vs IEUS - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	PNI	IEUS
2026	+3.90%	+3.86%
2025	+0.74%	+32.60%
2024	-0.59%	+0.48%
2023	-0.22%	+15.88%
2022	-26.08%	-27.58%
2021	+8.85%	+14.12%
2020	-5.47%	+12.04%
2019	+17.54%	+29.83%
2018	-6.93%	-20.94%
2017	+4.74%	+34.92%
2016	+2.82%	+0.02%
2015	+7.62%	+11.00%
2014	+26.98%	-3.13%
2013	-16.64%	+24.70%
2012	+18.08%	+18.87%
2011	+16.17%	-19.49%
2010	+1.49%	+16.64%
2009	+61.88%	+40.90%
2008	-45.31%	-47.75%
2007	-9.31%	-0.03%
2006	+1.82%	N/A
2005	+22.84%	N/A
2004	+8.37%	N/A
2003	+5.03%	N/A
2002	-3.93%	N/A

PNI vs IEUS Drawdown Comparison

The maximum drawdown for PNI was -59.91%, occurring on Dec 15, 2008. Recovery took 987 trading sessions.

The maximum drawdown for IEUS was -62.11%, occurring on Mar 9, 2009. Recovery took 1447 trading sessions.

The current PNI drawdown is -26.42%. The current IEUS drawdown is -3.16%.

Rank	PNI	IEUS
#1	-59.91% Feb 7, 2008 - Jan 6, 2012	-62.11% Dec 10, 2007 - Sep 10, 2013
#2	-44.12% Aug 4, 2021 - Oct 27, 2023	-44.82% Sep 2, 2021 - Jun 27, 2025
#3	-34.33% Feb 27, 2020 - Jul 6, 2021	-44.21% Jan 26, 2018 - Nov 23, 2020
#4	-22.88% Nov 30, 2012 - Dec 3, 2014	-18.57% May 15, 2015 - Mar 16, 2017
#5	-20.89% Jul 8, 2016 - Jan 7, 2020	-17.73% Jul 3, 2014 - May 8, 2015
#6	-14.60% Mar 17, 2004 - Oct 15, 2004	-12.81% Feb 10, 2026 - Apr 17, 2026
#7	-14.08% Apr 24, 2007 - Feb 7, 2008	-7.69% Jul 23, 2025 - Dec 23, 2025
#8	-12.73% Jan 9, 2006 - Nov 29, 2006	-7.38% Jan 22, 2014 - Feb 28, 2014
#9	-8.04% Jul 2, 2003 - Jan 22, 2004	-6.90% Jun 8, 2021 - Aug 3, 2021
#10	-7.48% Jul 18, 2002 - May 14, 2003	-4.80% Apr 17, 2026 - May 26, 2026
#11	-7.30% Sep 30, 2005 - Dec 12, 2005	-4.27% Jan 8, 2021 - Feb 5, 2021
#12	-7.19% Feb 9, 2012 - May 1, 2012	-3.66% Apr 9, 2014 - Jun 5, 2014
#13	-6.86% Feb 4, 2015 - Oct 26, 2015	-3.59% Oct 13, 2017 - Dec 18, 2017
#14	-6.72% Mar 7, 2005 - May 2, 2005	-3.58% Feb 16, 2021 - Mar 16, 2021
#15	-4.78% Oct 26, 2015 - Dec 21, 2015	-3.58% Mar 6, 2014 - Apr 2, 2014

Correlation

Correlation between PNI and IEUS is 0.64 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.64

-101

Dividend Comparison (2002 - 2026)

PNI vs IEUS dividend yield comparison.

Year	PNI	IEUS
2026	2.10%	0.00%
2025	5.14%	3.19%
2024	4.94%	3.25%
2023	4.66%	2.97%
2022	6.04%	3.00%
2021	4.23%	2.63%
2020	4.42%	1.21%
2019	4.24%	4.03%
2018	5.78%	3.21%
2017	5.20%	2.13%
2016	6.63%	2.48%
2015	6.44%	2.06%
2014	6.53%	2.38%
2013	7.78%	2.50%
2012	6.23%	3.61%
2011	6.91%	3.13%
2010	7.58%	2.45%
2009	7.19%	2.33%
2008	11.25%	4.17%
2007	5.89%	0.20%
2006	5.23%	0.00%
2005	6.06%	0.00%
2004	6.99%	0.00%
2003	6.75%	0.00%
2002	2.90%	0.00%