VALQ vs NCA

Comparison between AMERICAN CENTURY U.S. QUALITY VALUE ETF (VALQ, ETF) and Nuveen California Municipal Value Fund. (NCA, ETF).

5-Year PerformanceVALQ has outperformed NCA, delivering a return of +8.4% compared to +1.2%

VALQ vs NCA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VALQ(ETF)	NCA(ETF)
Net Assets	$306M	$304M
Expense Ratio	0.29%	N/A
Max Drawdown	38.19%	31.70%
Sharpe Ratio	0.98	0.77
5Y Beta	0.69	0.15
P/E Ratio	19.57	N/A
Forward P/E	15.50	N/A
PEG Ratio	0.50	N/A
5Y Dividends CAGR	10.43%	3.62%
5Y EPS CAGR	12.20%	N/A
Debt to Equity	78.11%	N/A
P/S Ratio	1.94	N/A
P/B Ratio	4.37	N/A

Net Assets

Winner

VALQ

$306M

NCA

$304M

Expense Ratio

VALQ

0.29%

NCA

N/A

Max Drawdown

VALQ

38.19%

Winner

NCA

31.70%

Sharpe Ratio

Winner

VALQ

0.98

NCA

0.77

5Y Beta

VALQ

0.69

Winner

NCA

0.15

P/E Ratio

VALQ

19.57

NCA

N/A

Forward P/E

VALQ

15.50

NCA

N/A

PEG Ratio

VALQ

0.50

NCA

N/A

5Y Dividends CAGR

Winner

VALQ

10.43%

NCA

3.62%

5Y EPS CAGR

VALQ

12.20%

NCA

N/A

Debt to Equity

VALQ

78.11%

NCA

N/A

P/S Ratio

VALQ

1.94

NCA

N/A

P/B Ratio

VALQ

4.37

NCA

N/A

VALQ vs NCA - Historical Returns

Returns include dividend reinvestment.

Period	VALQ	NCA
1 month	+3.52%	-0.01%
3 months	+1.47%	-0.28%
6 months	+4.62%	+6.68%
1 year	+15.38%	+12.67%
5 years(CAGR)	+8.44%	+1.17%
10 years(CAGR)	+8.72%	+2.02%
Max(CAGR)	+8.72%	+4.90%

Winner

VALQ

+3.52%

NCA

-0.01%

Winner

VALQ

+1.47%

NCA

-0.28%

VALQ

+4.62%

Winner

NCA

+6.68%

Winner

VALQ

+15.38%

NCA

+12.67%

5Y(CAGR)

Winner

VALQ

+8.44%

NCA

+1.17%

10Y(CAGR)

Winner

VALQ

+8.72%

NCA

+2.02%

Max(CAGR)

Winner

VALQ

+8.72%

NCA

+4.90%

VALQ vs NCA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VALQ	NCA
2026	+4.01%	+3.85%
2025	+10.83%	+10.13%
2024	+16.88%	-0.80%
2023	+13.99%	+8.96%
2022	-7.93%	-13.22%
2021	+28.72%	-2.16%
2020	+0.66%	+4.73%
2019	+24.50%	+19.52%
2018	-10.45%	-7.83%
2017	N/A	+1.75%
2016	N/A	+0.41%
2015	N/A	+8.06%
2014	N/A	+19.53%
2013	N/A	-5.95%
2012	N/A	+10.54%
2011	N/A	+16.12%
2010	N/A	+0.45%
2009	N/A	+10.05%
2008	N/A	-3.00%
2007	N/A	-5.56%
2006	N/A	+12.17%
2005	N/A	+9.35%
2004	N/A	+6.39%
2003	N/A	+3.67%
2002	N/A	+1.42%
2001	N/A	+11.60%
2000	N/A	+21.02%
1999	N/A	-8.03%

VALQ vs NCA Drawdown Comparison

The maximum drawdown for VALQ was -38.19%, occurring on Mar 23, 2020. Recovery took 227 trading sessions.

The maximum drawdown for NCA was -23.58%, occurring on Oct 10, 2008. Recovery took 580 trading sessions.

The current VALQ drawdown is -1.50%. The current NCA drawdown is -4.95%.

Rank	VALQ	NCA
#1	-38.19% Feb 12, 2020 - Jan 6, 2021	-23.58% May 15, 2007 - Sep 1, 2009
#2	-20.19% Apr 20, 2022 - Dec 11, 2023	-22.97% Sep 16, 2021 - Jan 7, 2026
#3	-18.24% Sep 20, 2018 - Sep 11, 2019	-19.28% Mar 3, 2020 - Sep 14, 2020
#4	-15.62% Feb 19, 2025 - Aug 13, 2025	-14.95% Jan 24, 2013 - Apr 25, 2014
#5	-9.45% Jan 26, 2018 - Aug 17, 2018	-14.28% Sep 2, 2010 - Nov 9, 2011
#6	-8.36% Jan 4, 2022 - Apr 20, 2022	-13.49% Sep 22, 2016 - Jul 9, 2019
#7	-7.85% Feb 6, 2026 - Jun 1, 2026	-13.48% Nov 2, 1999 - Mar 30, 2000
#8	-6.61% Mar 28, 2024 - Jul 16, 2024	-12.31% Jun 26, 2003 - Feb 12, 2004
#9	-6.11% Dec 2, 2024 - Feb 19, 2025	-12.29% Feb 17, 2004 - Nov 16, 2004
#10	-5.70% Sep 2, 2021 - Nov 12, 2021	-10.28% Sep 30, 2002 - Jun 12, 2003
#11	-5.30% Nov 15, 2021 - Dec 23, 2021	-9.19% Jan 20, 2021 - Jul 29, 2021
#12	-5.02% Jul 16, 2024 - Aug 19, 2024	-8.33% Mar 30, 2000 - Jun 9, 2000
#13	-4.62% Oct 27, 2025 - Nov 28, 2025	-7.94% Mar 7, 2001 - Jul 23, 2001
#14	-4.24% Jan 17, 2020 - Feb 12, 2020	-7.88% Mar 1, 2012 - May 4, 2012
#15	-4.01% May 10, 2021 - Jul 23, 2021	-7.72% Aug 10, 2000 - Jan 4, 2001

Correlation

Correlation between VALQ and NCA is 0.55 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.55

-101

Dividend Comparison (2000 - 2026)

VALQ vs NCA dividend yield comparison.

Year	VALQ	NCA
2026	0.30%	1.61%
2025	1.88%	3.89%
2024	1.58%	4.12%
2023	1.76%	3.88%
2022	2.71%	3.66%
2021	1.58%	3.02%
2020	2.08%	2.98%
2019	2.31%	3.21%
2018	2.35%	3.79%
2017	0.00%	5.33%
2016	0.00%	4.36%
2015	0.00%	4.34%
2014	0.00%	4.45%
2013	0.00%	5.11%
2012	0.00%	4.69%
2011	0.00%	4.81%
2010	0.00%	5.32%
2009	0.00%	5.03%
2008	0.00%	6.90%
2007	0.00%	5.13%
2006	0.00%	4.78%
2005	0.00%	5.39%
2004	0.00%	6.01%
2003	0.00%	5.97%
2002	0.00%	5.49%
2001	0.00%	5.17%
2000	0.00%	2.31%