SMDV vs NKX
Comparison between PROSHARES RUSSELL 2000 DIVIDEND GROWERS ETF (SMDV, ETF) and Nuveen California AMT-Free Quality Municipal Income Fund (NKX, ETF).
5-Year PerformanceSMDV has outperformed NKX, delivering a return of +4.2% compared to +0.8%
SMDV vs NKX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
SMDV vs NKX - Historical Returns
Returns include dividend reinvestment.
SMDV vs NKX - Annual Returns (2003 - 2026)
Returns include dividend reinvestment.
| Year | SMDV | NKX |
|---|---|---|
| 2026 | +10.44% | +3.70% |
| 2025 | +1.71% | +4.64% |
| 2024 | +7.13% | +16.57% |
| 2023 | +8.64% | -3.34% |
| 2022 | -6.23% | -18.48% |
| 2021 | +20.72% | +4.57% |
| 2020 | -4.26% | +7.61% |
| 2019 | +18.00% | +23.74% |
| 2018 | -0.91% | -13.29% |
| 2017 | +5.11% | +12.78% |
| 2016 | +38.82% | -1.75% |
| 2015 | +2.43% | +11.55% |
| 2014 | N/A | +28.02% |
| 2013 | N/A | -13.32% |
| 2012 | N/A | +6.03% |
| 2011 | N/A | +28.66% |
| 2010 | N/A | +2.31% |
| 2009 | N/A | +26.36% |
| 2008 | N/A | -24.06% |
| 2007 | N/A | +0.18% |
| 2006 | N/A | +14.75% |
| 2005 | N/A | +0.57% |
| 2004 | N/A | +9.14% |
| 2003 | N/A | +0.81% |
SMDV vs NKX Drawdown Comparison
The maximum drawdown for SMDV was -34.12%, occurring on Mar 23, 2020. Recovery took 251 trading sessions.
The maximum drawdown for NKX was -43.86%, occurring on Oct 10, 2008. Recovery took 422 trading sessions.
The current SMDV drawdown is -1.08%. The current NKX drawdown is -2.23%.
| Rank | SMDV | NKX |
|---|---|---|
| #1 | -34.12% Jan 16, 2020 - Jan 14, 2021 | -43.86% Jan 14, 2008 - Sep 16, 2009 |
| #2 | -21.23% Nov 25, 2024 - Feb 6, 2026 | -35.62% Nov 12, 2021 - Feb 11, 2026 |
| #3 | -18.49% Feb 3, 2023 - Dec 19, 2023 | -27.52% Feb 7, 2020 - Aug 10, 2020 |
| #4 | -16.64% Jan 4, 2022 - Feb 2, 2023 | -23.95% Nov 30, 2012 - Dec 10, 2014 |
| #5 | -13.52% Sep 21, 2018 - Feb 19, 2019 | -19.95% Sep 8, 2016 - Jul 19, 2019 |
| #6 | -11.18% Mar 12, 2021 - Nov 5, 2021 | -19.40% Aug 16, 2010 - Oct 27, 2011 |
| #7 | -10.59% Nov 29, 2017 - Jun 15, 2018 | -15.06% Jun 13, 2003 - Sep 20, 2004 |
| #8 | -9.96% Dec 26, 2023 - Jul 15, 2024 | -12.43% Apr 23, 2007 - Jan 14, 2008 |
| #9 | -9.79% Feb 13, 2026 - Mar 20, 2026 | -9.74% Feb 11, 2026 - Mar 30, 2026 |
| #10 | -8.76% Nov 27, 2015 - Mar 3, 2016 | -9.66% Oct 8, 2009 - Jun 18, 2010 |
| #11 | -8.60% Jun 23, 2015 - Oct 28, 2015 | -9.63% Jun 2, 2006 - Oct 4, 2006 |
| #12 | -8.59% Jul 26, 2024 - Nov 6, 2024 | -8.70% May 31, 2005 - Jan 23, 2006 |
| #13 | -7.65% Nov 11, 2021 - Jan 4, 2022 | -7.75% Feb 15, 2012 - May 1, 2012 |
| #14 | -6.58% Jul 30, 2019 - Sep 11, 2019 | -7.27% Jan 30, 2015 - Oct 8, 2015 |
| #15 | -5.84% Apr 26, 2017 - Jun 13, 2017 | -6.76% Mar 14, 2005 - May 31, 2005 |
Correlation
Correlation between SMDV and NKX is 0.70 which considered as a moderate positive correlation - the stocks show some tendency to move together.
Dividend Comparison (2003 - 2026)
SMDV vs NKX dividend yield comparison.
| Year | SMDV | NKX |
|---|---|---|
| 2026 | 0.49% | 3.03% |
| 2025 | 2.67% | 7.33% |
| 2024 | 2.68% | 6.14% |
| 2023 | 2.69% | 4.38% |
| 2022 | 2.51% | 5.17% |
| 2021 | 2.02% | 4.21% |
| 2020 | 2.13% | 4.05% |
| 2019 | 2.03% | 4.06% |
| 2018 | 1.97% | 5.25% |
| 2017 | 1.84% | 5.06% |
| 2016 | 1.35% | 6.18% |
| 2015 | 1.81% | 5.66% |
| 2014 | 0.00% | 5.24% |
| 2013 | 0.00% | 7.03% |
| 2012 | 0.00% | 5.64% |
| 2011 | 0.00% | 5.62% |
| 2010 | 0.00% | 6.56% |
| 2009 | 0.00% | 5.91% |
| 2008 | 0.00% | 7.35% |
| 2007 | 0.00% | 4.93% |
| 2006 | 0.00% | 4.85% |
| 2005 | 0.00% | 5.87% |
| 2004 | 0.00% | 6.27% |
| 2003 | 0.00% | 5.83% |
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