VFL vs ENDW

Comparison between abrdn National Municipal Income Fund (VFL, ETF) and CAMBRIA ENDOWMENT STYLE ETF (ENDW, ETF).

VFL vs ENDW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VFL(ETF)	ENDW(ETF)
Net Assets	$139M	$139M
Expense Ratio	N/A	0.22%
Max Drawdown	55.62%	6.52%
Sharpe Ratio	0.88	1.87
5Y Beta	0.12	0.76
5Y Dividends CAGR	1.23%	N/A

Net Assets

VFL

$139M

Winner

ENDW

$139M

Expense Ratio

VFL

N/A

ENDW

0.22%

Max Drawdown

VFL

55.62%

Winner

ENDW

6.52%

Sharpe Ratio

VFL

0.88

Winner

ENDW

1.87

5Y Beta

Winner

VFL

0.12

ENDW

0.76

5Y Dividends CAGR

VFL

1.23%

ENDW

N/A

VFL vs ENDW - Historical Returns

Returns include dividend reinvestment.

Period	VFL	ENDW
1 month	-0.19%	-0.90%
3 months	+0.81%	+3.91%
6 months	+3.40%	+9.17%
1 year	+12.00%	+26.21%
5 years(CAGR)	-1.00%	N/A
10 years(CAGR)	+1.56%	N/A
Max(CAGR)	+4.71%	+35.72%

Winner

VFL

-0.19%

ENDW

-0.90%

VFL

+0.81%

Winner

ENDW

+3.91%

VFL

+3.40%

Winner

ENDW

+9.17%

VFL

+12.00%

Winner

ENDW

+26.21%

5Y(CAGR)

VFL

-1.00%

ENDW

N/A

10Y(CAGR)

VFL

+1.56%

ENDW

N/A

Max(CAGR)

VFL

+4.71%

Winner

ENDW

+35.72%

VFL vs ENDW - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VFL	ENDW
2026	+1.85%	+8.20%
2025	+5.97%	+30.77%
2024	+3.50%	N/A
2023	+2.56%	N/A
2022	-23.16%	N/A
2021	+12.13%	N/A
2020	+3.56%	N/A
2019	+15.05%	N/A
2018	-6.32%	N/A
2017	+5.40%	N/A
2016	+5.52%	N/A
2015	+6.09%	N/A
2014	+18.44%	N/A
2013	-13.74%	N/A
2012	+14.02%	N/A
2011	+11.07%	N/A
2010	+2.14%	N/A
2009	+34.94%	N/A
2008	-20.25%	N/A
2007	-11.93%	N/A
2006	-5.69%	N/A
2005	+2.50%	N/A
2004	+13.26%	N/A
2003	+13.11%	N/A
2002	+12.72%	N/A
2001	+12.08%	N/A
2000	+16.39%	N/A
1999	-2.03%	N/A

VFL vs ENDW Drawdown Comparison

The maximum drawdown for VFL was -45.26%, occurring on Dec 4, 2008. Recovery took 1399 trading sessions.

The maximum drawdown for ENDW was -6.44%, occurring on Mar 20, 2026. Recovery took 35 trading sessions.

The current VFL drawdown is -9.84%. The current ENDW drawdown is -2.44%.

Rank	VFL	ENDW
#1	-45.26% Mar 7, 2006 - Sep 23, 2011	-6.44% Feb 26, 2026 - Apr 17, 2026
#2	-39.04% Dec 22, 2021 - Oct 25, 2023	-3.67% Nov 12, 2025 - Dec 3, 2025
#3	-29.96% Mar 4, 2020 - Jan 21, 2021	-3.53% Apr 15, 2025 - Apr 24, 2025
#4	-22.70% Dec 6, 2012 - Jan 15, 2015	-2.44% Jun 2, 2026 - Jun 5, 2026
#5	-16.39% Feb 4, 2004 - Oct 25, 2004	-2.33% Oct 8, 2025 - Oct 20, 2025
#6	-14.76% Jul 9, 2003 - Dec 17, 2003	-2.22% Jul 25, 2025 - Aug 12, 2025
#7	-14.66% Jan 5, 2005 - Jun 7, 2005	-1.75% Jan 29, 2026 - Feb 6, 2026
#8	-13.51% Jul 8, 2016 - May 10, 2019	-1.72% May 19, 2025 - Jun 2, 2025
#9	-13.37% Sep 2, 2005 - Mar 7, 2006	-1.69% May 14, 2026 - Jun 1, 2026
#10	-8.91% Sep 9, 2002 - Apr 30, 2003	-1.62% Jun 12, 2025 - Jun 24, 2025
#11	-8.00% Aug 20, 2019 - Feb 18, 2020	-1.57% Dec 11, 2025 - Dec 23, 2025
#12	-6.54% Nov 2, 1999 - Jun 21, 2000	-1.39% Aug 13, 2025 - Aug 22, 2025
#13	-6.07% Sep 28, 2011 - Jan 12, 2012	-1.25% Oct 27, 2025 - Nov 10, 2025
#14	-5.48% Feb 2, 2015 - Oct 28, 2015	-1.23% Jan 15, 2026 - Jan 21, 2026
#15	-5.45% Jun 7, 2005 - Aug 22, 2005	-1.22% Feb 11, 2026 - Feb 20, 2026

Correlation

Correlation between VFL and ENDW is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90

-101

Dividend Comparison (1999 - 2026)

VFL vs ENDW dividend yield comparison.

Year	VFL	ENDW
2026	2.46%	0.46%
2025	5.84%	1.91%
2024	5.31%	0.00%
2023	4.43%	0.00%
2022	5.21%	0.00%
2021	4.42%	0.00%
2020	4.32%	0.00%
2019	5.14%	0.00%
2018	5.04%	0.00%
2017	4.60%	0.00%
2016	5.32%	0.00%
2015	5.97%	0.00%
2014	5.77%	0.00%
2013	5.95%	0.00%
2012	4.13%	0.00%
2011	4.18%	0.00%
2010	4.30%	0.00%
2009	4.15%	0.00%
2008	6.28%	0.00%
2007	5.92%	0.00%
2006	6.45%	0.00%
2005	7.56%	0.00%
2004	6.49%	0.00%
2003	6.35%	0.00%
2002	5.95%	0.00%
2001	5.00%	0.00%
2000	5.71%	0.00%
1999	1.05%	0.00%