VGMS vs NPV

Comparison between VANGUARD MULTI-SECTOR INCOME BOND ETF ETF SHARES (VGMS, ETF) and Nuveen Virginia Quality Municipal Income Fund (NPV, ETF).

VGMS vs NPV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VGMS(ETF)	NPV(ETF)
Net Assets	$223M	$223M
Expense Ratio	0.30%	N/A
Max Drawdown	2.90%	52.73%
Sharpe Ratio	0.93	0.97
5Y Beta	0.17	0.07
5Y Dividends CAGR	N/A	8.67%

Net Assets

VGMS

$223M

Winner

NPV

$223M

Expense Ratio

VGMS

0.30%

NPV

N/A

Max Drawdown

Winner

VGMS

2.90%

NPV

52.73%

Sharpe Ratio

VGMS

0.93

Winner

NPV

0.97

5Y Beta

VGMS

0.17

Winner

NPV

0.07

5Y Dividends CAGR

VGMS

N/A

NPV

8.67%

VGMS vs NPV - Historical Returns

Returns include dividend reinvestment.

Period	VGMS	NPV
1 month	+0.48%	+1.59%
3 months	+1.77%	+2.11%
6 months	+1.90%	+6.47%
1 year	+6.89%	+9.91%
5 years(CAGR)	N/A	-1.46%
10 years(CAGR)	N/A	+2.35%
Max(CAGR)	+6.94%	+4.03%

VGMS

+0.48%

Winner

NPV

+1.59%

VGMS

+1.77%

Winner

NPV

+2.11%

VGMS

+1.90%

Winner

NPV

+6.47%

VGMS

+6.89%

Winner

NPV

+9.91%

5Y(CAGR)

VGMS

N/A

NPV

-1.46%

10Y(CAGR)

VGMS

N/A

NPV

+2.35%

Max(CAGR)

Winner

VGMS

+6.94%

NPV

+4.03%

VGMS vs NPV - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VGMS	NPV
2026	+1.33%	+6.81%
2025	+5.43%	-6.00%
2024	N/A	+24.72%
2023	N/A	-1.53%
2022	N/A	-30.61%
2021	N/A	+10.87%
2020	N/A	+14.18%
2019	N/A	+27.87%
2018	N/A	-4.56%
2017	N/A	+3.28%
2016	N/A	-0.03%
2015	N/A	+9.28%
2014	N/A	+17.11%
2013	N/A	-20.91%
2012	N/A	+5.25%
2011	N/A	+11.93%
2010	N/A	+3.16%
2009	N/A	+35.31%
2008	N/A	-11.84%
2007	N/A	-7.20%
2006	N/A	-1.23%
2005	N/A	-4.05%
2004	N/A	+6.54%
2003	N/A	+4.52%
2002	N/A	+18.83%
2001	N/A	+7.94%
2000	N/A	+22.39%
1999	N/A	-14.72%

VGMS vs NPV Drawdown Comparison

The maximum drawdown for VGMS was -2.46%, occurring on Mar 27, 2026. Recovery took 38 trading sessions.

The maximum drawdown for NPV was -44.23%, occurring on Oct 27, 2023. This drawdown has not yet recovered.

The current VGMS drawdown is -0.01%. The current NPV drawdown is -15.46%.

Rank	VGMS	NPV
#1	-2.46% Feb 23, 2026 - Apr 17, 2026	-44.23% Dec 22, 2021 - Oct 27, 2023
#2	-1.25% Apr 17, 2026 - May 29, 2026	-41.74% Feb 12, 2007 - Jul 28, 2009
#3	-0.77% Oct 27, 2025 - Nov 25, 2025	-28.66% Jul 17, 2012 - Mar 10, 2016
#4	-0.66% Oct 2, 2025 - Oct 15, 2025	-25.55% Feb 24, 2020 - Jul 6, 2020
#5	-0.60% May 29, 2026 - Jun 8, 2026	-23.27% Jan 26, 2004 - Nov 4, 2004
#6	-0.56% Jul 1, 2025 - Jul 22, 2025	-19.13% Oct 12, 2010 - Jan 23, 2012
#7	-0.36% Aug 13, 2025 - Aug 22, 2025	-16.53% Sep 7, 2016 - Jul 31, 2019
#8	-0.36% Sep 15, 2025 - Oct 2, 2025	-16.44% Oct 12, 2005 - Feb 9, 2007
#9	-0.33% Dec 3, 2025 - Dec 18, 2025	-15.46% Nov 2, 1999 - Aug 28, 2000
#10	-0.28% Aug 28, 2025 - Sep 3, 2025	-11.70% Jun 18, 2003 - Jan 12, 2004
#11	-0.25% Aug 22, 2025 - Aug 28, 2025	-9.96% Feb 14, 2005 - May 24, 2005
#12	-0.25% Nov 28, 2025 - Dec 3, 2025	-9.94% Aug 31, 2021 - Dec 22, 2021
#13	-0.25% Jun 12, 2025 - Jun 18, 2025	-8.98% Aug 20, 2002 - Dec 31, 2002
#14	-0.23% Jul 22, 2025 - Aug 1, 2025	-8.92% Aug 6, 2001 - Jun 13, 2002
#15	-0.22% Jan 14, 2026 - Jan 21, 2026	-8.62% Oct 30, 2009 - Mar 26, 2010

Correlation

Correlation between VGMS and NPV is 0.89 which considered as a strong positive correlation - the stocks tend to move together.

0.89

-101

Dividend Comparison (2000 - 2026)

VGMS vs NPV dividend yield comparison.

Year	VGMS	NPV
2026	2.17%	2.82%
2025	2.94%	7.55%
2024	0.00%	5.63%
2023	0.00%	3.89%
2022	0.00%	5.08%
2021	0.00%	3.42%
2020	0.00%	3.49%
2019	0.00%	3.58%
2018	0.00%	4.62%
2017	0.00%	4.40%
2016	0.00%	4.87%
2015	0.00%	5.25%
2014	0.00%	5.73%
2013	0.00%	6.15%
2012	0.00%	4.35%
2011	0.00%	4.93%
2010	0.00%	5.47%
2009	0.00%	4.57%
2008	0.00%	6.13%
2007	0.00%	5.58%
2006	0.00%	5.00%
2005	0.00%	6.85%
2004	0.00%	5.19%
2003	0.00%	5.29%
2002	0.00%	5.05%
2001	0.00%	5.32%
2000	0.00%	2.20%