SLQD vs NZF

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

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

SLQD vs NZF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

SLQD

$2.40B

NZF

$2.40B

Expense Ratio

SLQD

0.06%

NZF

N/A

Max Drawdown

Winner

SLQD

12.69%

NZF

53.68%

Sharpe Ratio

SLQD

-0.26

Winner

NZF

0.83

5Y Beta

Winner

SLQD

0.03

NZF

0.26

5Y Dividends CAGR

Winner

SLQD

15.88%

NZF

5.65%

SLQD vs NZF - Historical Returns

Returns include dividend reinvestment.

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

Winner

SLQD

+0.25%

NZF

-0.64%

Winner

SLQD

+0.65%

NZF

+0.55%

SLQD

+0.89%

Winner

NZF

+1.33%

SLQD

+3.49%

Winner

NZF

+12.50%

5Y(CAGR)

Winner

SLQD

+2.62%

NZF

-0.49%

10Y(CAGR)

SLQD

+2.65%

Winner

NZF

+3.37%

Max(CAGR)

SLQD

+2.52%

Winner

NZF

+5.39%

SLQD vs NZF - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

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

SLQD vs NZF Drawdown Comparison

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

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

The current NZF drawdown is -3.66%.

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

Correlation

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

0.86

-101

Dividend Comparison (2001 - 2026)

SLQD vs NZF dividend yield comparison.

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