TXUE vs NQP

Comparison between THORNBURG INTERNATIONAL EQUITY ETF (TXUE, ETF) and Nuveen Pennsylvania Quality Municipal Income Fund (NQP, ETF).

TXUE vs NQP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TXUE(ETF)	NQP(ETF)
Net Assets	$445M	$447M
Expense Ratio	0.65%	N/A
Max Drawdown	12.97%	52.80%
Sharpe Ratio	1.04	1.59
5Y Beta	0.66	0.14
5Y Dividends CAGR	N/A	9.08%

Net Assets

TXUE

$445M

Winner

NQP

$447M

Expense Ratio

TXUE

0.65%

NQP

N/A

Max Drawdown

Winner

TXUE

12.97%

NQP

52.80%

Sharpe Ratio

TXUE

1.04

Winner

NQP

1.59

5Y Beta

TXUE

0.66

Winner

NQP

0.14

5Y Dividends CAGR

TXUE

N/A

NQP

9.08%

TXUE vs NQP - Historical Returns

Returns include dividend reinvestment.

Period	TXUE	NQP
1 month	+1.03%	+3.66%
3 months	+4.17%	+3.34%
6 months	+11.18%	+4.31%
1 year	+18.80%	+16.81%
5 years(CAGR)	N/A	+1.80%
10 years(CAGR)	N/A	+3.13%
Max(CAGR)	+25.98%	+5.09%

TXUE

+1.03%

Winner

NQP

+3.66%

Winner

TXUE

+4.17%

NQP

+3.34%

Winner

TXUE

+11.18%

NQP

+4.31%

Winner

TXUE

+18.80%

NQP

+16.81%

5Y(CAGR)

TXUE

N/A

NQP

+1.80%

10Y(CAGR)

TXUE

N/A

NQP

+3.13%

Max(CAGR)

Winner

TXUE

+25.98%

NQP

+5.09%

TXUE vs NQP - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	TXUE	NQP
2026	+8.31%	+3.66%
2025	+25.67%	+13.80%
2024	N/A	+2.62%
2023	N/A	+6.47%
2022	N/A	-21.77%
2021	N/A	+8.19%
2020	N/A	+7.04%
2019	N/A	+20.03%
2018	N/A	-2.21%
2017	N/A	+5.96%
2016	N/A	+0.25%
2015	N/A	+6.09%
2014	N/A	+18.12%
2013	N/A	-17.82%
2012	N/A	+8.75%
2011	N/A	+21.27%
2010	N/A	+7.77%
2009	N/A	+44.63%
2008	N/A	-26.11%
2007	N/A	-0.08%
2006	N/A	+3.60%
2005	N/A	-4.98%
2004	N/A	+6.42%
2003	N/A	+13.32%
2002	N/A	+5.30%
2001	N/A	+10.51%
2000	N/A	+10.51%
1999	N/A	-9.51%

TXUE vs NQP Drawdown Comparison

The maximum drawdown for TXUE was -12.97%, occurring on Apr 7, 2025. Recovery took 31 trading sessions.

The maximum drawdown for NQP was -41.81%, occurring on Oct 10, 2008. Recovery took 380 trading sessions.

The current TXUE drawdown is -2.30%. The current NQP drawdown is -0.50%.

Rank	TXUE	NQP
#1	-12.97% Mar 19, 2025 - May 2, 2025	-41.81% Jan 29, 2008 - Jul 31, 2009
#2	-11.14% Feb 26, 2026 - Mar 20, 2026	-32.39% Nov 30, 2021 - Apr 9, 2026
#3	-4.45% Nov 12, 2025 - Dec 4, 2025	-24.68% Dec 3, 2012 - Feb 2, 2015
#4	-3.78% Jul 23, 2025 - Aug 13, 2025	-24.09% Mar 4, 2020 - Dec 30, 2020
#5	-3.12% Aug 22, 2025 - Oct 3, 2025	-17.24% Mar 24, 2004 - Oct 25, 2004
#6	-2.87% Jun 12, 2025 - Jun 27, 2025	-15.87% Jul 13, 2016 - May 30, 2019
#7	-2.83% Oct 6, 2025 - Nov 11, 2025	-15.04% Nov 8, 1999 - Jul 10, 2000
#8	-2.39% Jan 30, 2025 - Feb 13, 2025	-14.41% Oct 18, 2010 - Jul 11, 2011
#9	-2.37% May 7, 2025 - May 19, 2025	-12.69% Feb 9, 2005 - May 2, 2007
#10	-2.25% Jul 10, 2025 - Jul 23, 2025	-11.88% Jun 16, 2003 - Jan 9, 2004
#11	-2.22% Mar 7, 2025 - Mar 14, 2025	-9.80% Mar 4, 2002 - Jul 8, 2002
#12	-1.47% May 27, 2025 - Jun 10, 2025	-9.46% Oct 1, 2002 - Apr 1, 2003
#13	-1.36% Jan 16, 2026 - Jan 23, 2026	-8.69% May 7, 2007 - Jan 10, 2008
#14	-1.28% Jul 2, 2025 - Jul 10, 2025	-8.60% Jul 25, 2000 - Jan 3, 2001
#15	-1.14% Feb 4, 2026 - Feb 6, 2026	-8.51% Sep 7, 2001 - Feb 5, 2002

Correlation

Correlation between TXUE and NQP is 0.80 which considered as a strong positive correlation - the stocks tend to move together.

0.80

-101

Dividend Comparison (1999 - 2026)

TXUE vs NQP dividend yield comparison.

Year	TXUE	NQP
2026	0.00%	2.59%
2025	1.08%	7.87%
2024	0.00%	6.69%
2023	0.00%	3.07%
2022	0.00%	4.89%
2021	0.00%	4.51%
2020	0.00%	4.38%
2019	0.00%	4.23%
2018	0.00%	5.34%
2017	0.00%	5.34%
2016	0.00%	5.67%
2015	0.00%	6.10%
2014	0.00%	6.22%
2013	0.00%	6.90%
2012	0.00%	5.96%
2011	0.00%	6.04%
2010	0.00%	6.61%
2009	0.00%	5.67%
2008	0.00%	7.26%
2007	0.00%	5.00%
2006	0.00%	4.75%
2005	0.00%	6.72%
2004	0.00%	6.88%
2003	0.00%	5.92%
2002	0.00%	6.18%
2001	0.00%	6.12%
2000	0.00%	6.87%
1999	0.00%	1.21%