TWN vs NML

Comparison between Taiwan Fund Inc (TWN, ETF) and Neuberger Berman Energy Infrastructure and Income Fund Inc (NML, ETF).

5-Year PerformanceTWN has outperformed NML, delivering a return of +34.9% compared to +22.9%

TWN vs NML - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TWN(ETF)	NML(ETF)
Net Assets	$671M	$671M
Max Drawdown	71.62%	94.21%
Sharpe Ratio	3.56	0.80
5Y Beta	0.88	0.53
5Y Dividends CAGR	13.36%	36.36%

Net Assets

TWN

$671M

Winner

NML

$671M

Max Drawdown

Winner

TWN

71.62%

NML

94.21%

Sharpe Ratio

Winner

TWN

3.56

NML

0.80

5Y Beta

TWN

0.88

Winner

NML

0.53

5Y Dividends CAGR

TWN

13.36%

Winner

NML

36.36%

TWN vs NML - Historical Returns

Returns include dividend reinvestment.

Period	TWN	NML
1 month	+11.08%	-8.73%
3 months	+54.79%	-3.34%
6 months	+95.23%	+20.76%
1 year	+162.09%	+17.72%
5 years(CAGR)	+34.94%	+22.90%
10 years(CAGR)	+29.94%	+9.92%
Max(CAGR)	+11.35%	+2.13%

Winner

TWN

+11.08%

NML

-8.73%

Winner

TWN

+54.79%

NML

-3.34%

Winner

TWN

+95.23%

NML

+20.76%

Winner

TWN

+162.09%

NML

+17.72%

5Y(CAGR)

Winner

TWN

+34.94%

NML

+22.90%

10Y(CAGR)

Winner

TWN

+29.94%

NML

+9.92%

Max(CAGR)

Winner

TWN

+11.35%

NML

+2.13%

TWN vs NML - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	TWN	NML
2026	+84.84%	+16.53%
2025	+54.22%	+3.66%
2024	+35.45%	+40.37%
2023	+51.64%	+17.73%
2022	-40.37%	+30.79%
2021	+55.56%	+59.38%
2020	+36.34%	-46.35%
2019	+48.10%	+9.79%
2018	-19.52%	-25.16%
2017	+32.76%	+5.97%
2016	+11.50%	+24.35%
2015	-8.90%	-50.36%
2014	-0.30%	-0.77%
2013	+16.46%	-0.94%
2012	+12.23%	N/A
2011	-23.34%	N/A
2010	+31.46%	N/A
2009	+52.57%	N/A
2008	-45.73%	N/A
2007	+12.03%	N/A
2006	+19.43%	N/A
2005	+14.40%	N/A
2004	+7.28%	N/A
2003	+30.77%	N/A
2002	-26.97%	N/A
2001	+10.64%	N/A
2000	-49.79%	N/A
1999	+13.98%	N/A

TWN vs NML Drawdown Comparison

The maximum drawdown for TWN was -71.07%, occurring on Sep 20, 2001. Recovery took 2057 trading sessions.

The maximum drawdown for NML was -90.47%, occurring on Mar 18, 2020. Recovery took 2842 trading sessions.

The current TWN drawdown is -0.69%. The current NML drawdown is -8.73%.

Rank	TWN	NML
#1	-71.07% Feb 8, 2000 - Apr 16, 2008	-90.47% Oct 3, 2014 - Jan 23, 2026
#2	-64.47% Apr 16, 2008 - May 8, 2014	-16.89% Apr 23, 2013 - Jul 1, 2014
#3	-51.72% Jan 3, 2022 - Feb 12, 2024	-8.73% May 18, 2026 - Jun 18, 2026
#4	-36.26% Jan 17, 2020 - Jul 2, 2020	-7.18% Mar 27, 2026 - May 15, 2026
#5	-29.83% Jan 6, 2025 - Jun 9, 2025	-4.84% Jul 22, 2014 - Aug 11, 2014
#6	-27.91% Jan 25, 2018 - Oct 17, 2019	-4.82% Sep 2, 2014 - Sep 30, 2014
#7	-27.43% May 11, 2015 - Mar 29, 2017	-3.38% Mar 2, 2026 - Mar 25, 2026
#8	-17.72% Jul 10, 2024 - Oct 22, 2024	-2.98% Jan 30, 2026 - Feb 9, 2026
#9	-15.08% Jul 3, 2014 - May 11, 2015	-2.43% Aug 11, 2014 - Aug 15, 2014
#10	-13.79% May 7, 2021 - Jun 1, 2021	-1.83% Aug 15, 2014 - Aug 19, 2014
#11	-12.57% Jul 14, 2021 - Nov 9, 2021	-1.82% Jul 1, 2014 - Jul 9, 2014
#12	-9.61% Mar 7, 2024 - Jun 12, 2024	-1.43% Feb 13, 2026 - Feb 25, 2026
#13	-9.29% Jun 1, 2026 - Jun 5, 2026	-1.40% Mar 28, 2013 - Apr 10, 2013
#14	-9.09% Oct 29, 2025 - Dec 9, 2025	-1.34% Sep 30, 2014 - Oct 3, 2014
#15	-9.07% May 6, 2026 - May 26, 2026	-0.95% Apr 11, 2013 - Apr 15, 2013

Correlation

Correlation between TWN and NML is 0.50 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.50

-101

Dividend Comparison (2000 - 2026)

TWN vs NML dividend yield comparison.

Year	TWN	NML
2026	0.00%	4.02%
2025	11.62%	8.24%
2024	19.14%	7.94%
2023	1.26%	10.19%
2022	0.00%	4.26%
2021	7.78%	3.54%
2020	12.91%	8.34%
2019	8.26%	9.76%
2018	11.27%	9.87%
2017	3.16%	7.04%
2016	0.00%	8.63%
2015	0.00%	15.44%
2014	16.11%	7.16%
2013	0.00%	4.40%
2011	3.87%	0.00%
2010	0.42%	0.00%
2009	0.49%	0.00%
2008	1.86%	0.00%
2007	18.04%	0.00%
2005	0.35%	0.00%
2004	0.23%	0.00%
2000	1.96%	0.00%