TILT vs NUV

Comparison between FLEXSHARES MORNINGSTAR US MARKET FACTOR TILT INDEX FUND (TILT, ETF) and Nuveen Municipal Value Fund Inc (NUV, ETF).

5-Year PerformanceTILT has outperformed NUV, delivering a return of +11.2% compared to -0.4%

TILT vs NUV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TILT(ETF)	NUV(ETF)
Net Assets	$1.90B	$1.90B
Expense Ratio	0.25%	N/A
Max Drawdown	38.78%	33.92%
Sharpe Ratio	2.01	0.99
5Y Beta	0.97	0.12
P/E Ratio	25.24	N/A
Forward P/E	16.77	N/A
5Y Dividends CAGR	5.94%	2.58%
5Y EPS CAGR	22.38%	N/A
P/S Ratio	1.92	N/A
P/B Ratio	3.10	N/A

Net Assets

TILT

$1.90B

NUV

$1.90B

Expense Ratio

TILT

0.25%

NUV

N/A

Max Drawdown

TILT

38.78%

Winner

NUV

33.92%

Sharpe Ratio

Winner

TILT

2.01

NUV

0.99

5Y Beta

TILT

0.97

Winner

NUV

0.12

P/E Ratio

TILT

25.24

NUV

N/A

Forward P/E

TILT

16.77

NUV

N/A

5Y Dividends CAGR

Winner

TILT

5.94%

NUV

2.58%

5Y EPS CAGR

TILT

22.38%

NUV

N/A

P/S Ratio

TILT

1.92

NUV

N/A

P/B Ratio

TILT

3.10

NUV

N/A

TILT vs NUV - Historical Returns

Returns include dividend reinvestment.

Period	TILT	NUV
1 month	+7.44%	+0.68%
3 months	+4.74%	+1.51%
6 months	+11.38%	+3.51%
1 year	+31.82%	+10.70%
5 years(CAGR)	+11.20%	-0.43%
10 years(CAGR)	+14.04%	+2.55%
Max(CAGR)	+14.53%	+4.84%

Winner

TILT

+7.44%

NUV

+0.68%

Winner

TILT

+4.74%

NUV

+1.51%

Winner

TILT

+11.38%

NUV

+3.51%

Winner

TILT

+31.82%

NUV

+10.70%

5Y(CAGR)

Winner

TILT

+11.20%

NUV

-0.43%

10Y(CAGR)

Winner

TILT

+14.04%

NUV

+2.55%

Max(CAGR)

Winner

TILT

+14.53%

NUV

+4.84%

TILT vs NUV - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	TILT	NUV
2026	+8.08%	+2.88%
2025	+16.78%	+9.25%
2024	+20.52%	+3.56%
2023	+25.13%	+2.79%
2022	-17.73%	-13.94%
2021	+29.40%	-3.67%
2020	+15.43%	+7.81%
2019	+28.62%	+17.97%
2018	-9.38%	-4.83%
2017	+17.29%	+10.10%
2016	+18.75%	-2.44%
2015	-1.72%	+9.91%
2014	+11.48%	+11.31%
2013	+32.34%	-8.62%
2012	+14.64%	+8.82%
2011	+14.01%	+13.18%
2010	N/A	-0.41%
2009	N/A	+11.52%
2008	N/A	-2.97%
2007	N/A	-4.18%
2006	N/A	+12.63%
2005	N/A	+11.40%
2004	N/A	+4.76%
2003	N/A	+6.25%
2002	N/A	+6.99%
2001	N/A	+9.72%
2000	N/A	+14.20%
1999	N/A	-8.03%

TILT vs NUV Drawdown Comparison

The maximum drawdown for TILT was -38.44%, occurring on Mar 23, 2020. Recovery took 137 trading sessions.

The maximum drawdown for NUV was -28.29%, occurring on Oct 26, 2023. This drawdown has not yet recovered.

The current NUV drawdown is -6.46%.

Rank	TILT	NUV
#1	-38.44% Feb 19, 2020 - Sep 2, 2020	-28.29% Aug 11, 2021 - Oct 26, 2023
#2	-24.12% Jan 4, 2022 - Dec 14, 2023	-23.00% Feb 25, 2020 - Oct 20, 2020
#3	-21.48% Sep 20, 2018 - Jul 12, 2019	-20.55% May 19, 2008 - Sep 9, 2009
#4	-19.85% Dec 4, 2024 - Jul 2, 2025	-14.71% Dec 6, 2012 - Jan 5, 2015
#5	-17.59% Jun 23, 2015 - Jul 14, 2016	-12.54% Jul 7, 2016 - Sep 14, 2017
#6	-11.02% Mar 27, 2012 - Sep 6, 2012	-11.19% Sep 28, 2010 - Sep 21, 2011
#7	-10.02% Jan 26, 2018 - Aug 6, 2018	-9.77% Mar 17, 2004 - Oct 29, 2004
#8	-9.51% Oct 28, 2011 - Jan 6, 2012	-9.49% Nov 1, 1999 - Jul 7, 2000
#9	-9.05% Sep 2, 2020 - Oct 12, 2020	-9.15% Mar 13, 2007 - Apr 1, 2008
#10	-8.50% Feb 9, 2026 - Apr 15, 2026	-8.45% Sep 14, 2017 - Mar 21, 2019
#11	-8.38% Sep 2, 2014 - Nov 6, 2014	-7.42% Feb 2, 2015 - Oct 23, 2015
#12	-8.33% Sep 14, 2012 - Jan 2, 2013	-6.81% Feb 9, 2021 - Jul 2, 2021
#13	-8.31% Jul 16, 2024 - Sep 19, 2024	-6.78% Aug 30, 2001 - Nov 8, 2001
#14	-6.95% Jul 26, 2019 - Oct 28, 2019	-6.27% Oct 1, 2002 - Mar 6, 2003
#15	-6.89% Oct 12, 2020 - Nov 5, 2020	-6.19% Mar 7, 2012 - Apr 30, 2012

Correlation

Correlation between TILT and NUV is 0.81 which considered as a strong positive correlation - the stocks tend to move together.

0.81

-101

Dividend Comparison (2000 - 2026)

TILT vs NUV dividend yield comparison.

Year	TILT	NUV
2026	0.19%	1.41%
2025	1.15%	4.30%
2024	1.23%	4.16%
2023	1.44%	3.94%
2022	1.60%	3.91%
2021	1.16%	3.41%
2020	1.49%	3.35%
2019	1.54%	3.48%
2018	1.97%	4.01%
2017	1.55%	3.99%
2016	1.60%	4.10%
2015	1.98%	3.95%
2014	1.33%	4.44%
2013	0.98%	4.97%
2012	1.11%	4.16%
2011	0.46%	5.04%
2010	0.00%	5.33%
2009	0.00%	4.50%
2008	0.00%	5.46%
2007	0.00%	5.34%
2006	0.00%	4.75%
2005	0.00%	5.06%
2004	0.00%	5.82%
2003	0.00%	5.60%
2002	0.00%	5.73%
2001	0.00%	5.62%
2000	0.00%	2.70%