XSOE vs NMZ

Comparison between WISDOMTREE EMERGING MARKETS EX-STATE-OWNED ENTERPRISES FUND (XSOE, ETF) and Nuveen Municipal High Income Opportunity Fund (NMZ, ETF).

5-Year PerformanceXSOE has outperformed NMZ, delivering a return of +5.4% compared to -1.7%

XSOE vs NMZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	XSOE(ETF)	NMZ(ETF)
Net Assets	$2.10B	$2.20B
Expense Ratio	0.32%	N/A
Max Drawdown	47.21%	63.45%
Sharpe Ratio	1.23	0.68
5Y Beta	0.88	0.23
5Y Dividends CAGR	11.11%	2.41%

Net Assets

XSOE

$2.10B

Winner

NMZ

$2.20B

Expense Ratio

XSOE

0.32%

NMZ

N/A

Max Drawdown

Winner

XSOE

47.21%

NMZ

63.45%

Sharpe Ratio

Winner

XSOE

1.23

NMZ

0.68

5Y Beta

XSOE

0.88

Winner

NMZ

0.23

5Y Dividends CAGR

Winner

XSOE

11.11%

NMZ

2.41%

XSOE vs NMZ - Historical Returns

Returns include dividend reinvestment.

Period	XSOE	NMZ
1 month	-0.70%	-1.48%
3 months	-0.55%	+2.52%
6 months	+11.10%	+1.39%
1 year	+34.75%	+10.50%
5 years(CAGR)	+5.36%	-1.74%
10 years(CAGR)	+9.51%	+2.13%
Max(CAGR)	+7.53%	+4.98%

Winner

XSOE

-0.70%

NMZ

-1.48%

XSOE

-0.55%

Winner

NMZ

+2.52%

Winner

XSOE

+11.10%

NMZ

+1.39%

Winner

XSOE

+34.75%

NMZ

+10.50%

5Y(CAGR)

Winner

XSOE

+5.36%

NMZ

-1.74%

10Y(CAGR)

Winner

XSOE

+9.51%

NMZ

+2.13%

Max(CAGR)

Winner

XSOE

+7.53%

NMZ

+4.98%

XSOE vs NMZ - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	XSOE	NMZ
2026	+17.48%	+5.43%
2025	+30.05%	+0.23%
2024	+8.65%	+15.82%
2023	+9.13%	-1.16%
2022	-26.15%	-27.24%
2021	-6.70%	+12.04%
2020	+26.34%	+7.47%
2019	+25.07%	+25.87%
2018	-20.54%	-9.94%
2017	+49.23%	+12.41%
2016	+6.66%	-1.39%
2015	-11.84%	+9.91%
2014	+0.33%	+19.39%
2013	N/A	-9.82%
2012	N/A	+23.60%
2011	N/A	+15.64%
2010	N/A	-0.99%
2009	N/A	+49.88%
2008	N/A	-35.08%
2007	N/A	-8.16%
2006	N/A	+16.86%
2005	N/A	+14.20%
2004	N/A	+9.13%
2003	N/A	+0.00%

XSOE vs NMZ Drawdown Comparison

The maximum drawdown for XSOE was -45.25%, occurring on Oct 24, 2022. Recovery took 1239 trading sessions.

The maximum drawdown for NMZ was -58.44%, occurring on Dec 16, 2008. Recovery took 1179 trading sessions.

The current XSOE drawdown is -8.00%. The current NMZ drawdown is -10.39%.

Rank	XSOE	NMZ
#1	-45.25% Feb 16, 2021 - Jan 22, 2026	-58.44% May 11, 2007 - Jan 13, 2012
#2	-35.05% Jan 26, 2018 - Aug 5, 2020	-40.01% Jul 13, 2021 - Oct 27, 2023
#3	-31.24% Apr 28, 2015 - May 9, 2017	-32.56% Feb 20, 2020 - Dec 30, 2020
#4	-14.79% Jun 22, 2026 - Jul 29, 2026	-22.40% Jan 24, 2013 - May 13, 2014
#5	-13.31% Feb 25, 2026 - Apr 17, 2026	-15.03% Jul 8, 2016 - Mar 8, 2019
#6	-8.69% Jun 2, 2026 - Jun 18, 2026	-12.78% Mar 17, 2004 - Oct 14, 2004
#7	-6.06% Jan 22, 2015 - Apr 2, 2015	-6.78% Feb 2, 2015 - Sep 22, 2015
#8	-5.54% Nov 22, 2017 - Jan 2, 2018	-5.68% Feb 2, 2012 - Mar 28, 2012
#9	-5.52% Aug 28, 2020 - Oct 8, 2020	-5.52% Feb 11, 2021 - Apr 13, 2021
#10	-5.48% Jan 25, 2021 - Feb 5, 2021	-5.15% Jun 2, 2006 - Aug 8, 2006
#11	-5.15% May 11, 2026 - May 26, 2026	-5.05% Aug 12, 2019 - Nov 11, 2019
#12	-4.10% Dec 10, 2014 - Dec 22, 2014	-4.75% Nov 1, 2012 - Dec 5, 2012
#13	-4.09% Dec 26, 2014 - Jan 20, 2015	-4.52% May 28, 2014 - Oct 20, 2014
#14	-3.41% Sep 19, 2017 - Oct 10, 2017	-4.47% Dec 13, 2012 - Jan 4, 2013
#15	-3.41% Jan 28, 2026 - Feb 10, 2026	-4.05% Jul 31, 2012 - Sep 18, 2012

Correlation

Correlation between XSOE and NMZ is 0.82 which considered as a strong positive correlation - the stocks tend to move together.

0.82

-101

Dividend Comparison (2004 - 2026)

XSOE vs NMZ dividend yield comparison.

Year	XSOE	NMZ
2026	0.71%	4.46%
2025	1.50%	7.71%
2024	1.44%	6.35%
2023	1.78%	5.44%
2022	2.53%	7.04%
2021	1.36%	5.10%
2020	1.02%	5.09%
2019	2.01%	4.99%
2018	1.56%	6.15%
2017	0.65%	5.94%
2016	1.43%	6.94%
2015	3.93%	6.67%
2014	0.21%	6.88%
2013	0.00%	6.73%
2012	0.00%	5.72%
2011	0.00%	7.98%
2010	0.00%	8.75%
2009	0.00%	7.32%
2008	0.00%	11.33%
2007	0.00%	7.15%
2006	0.00%	5.82%
2005	0.00%	6.63%
2004	0.00%	7.44%