- Issuer
- Nuveen
- Inception Date
- Mar 5, 2024
- Category
- Intermediate Core-Plus Bond
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $58M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
NCPB Performance Chart
Nuveen Core Plus Bond ETF (NCPB) is up 0.7% since the beginning of the year. NCPB is currently trading at $25 per share.
Loading charts...
Returns By Period
Nuveen Core Plus Bond ETF (NCPB) has returned 0.73% so far this year and 5.54% over the past 12 months.
Nuveen Core Plus Bond ETF
- 1D
- -0.22%
- 1M
- 0.79%
- YTD
- 0.73%
- 6M
- 0.86%
- 1Y
- 5.54%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
NCPB Monthly Returns History
Based on dividend-adjusted daily data since Mar 6, 2024, NCPB's average daily return is +0.02%, while the average monthly return is +0.42%. At this rate, an investment would double in approximately 13.8 years.
Historically, 68% of months were positive and 32% were negative. The best month was Jul 2024 with a return of +2.1%, while the worst month was Apr 2024 at -2.4%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.
On a daily basis, NCPB closed higher 52% of trading days. The best single day was Aug 2, 2024 with a return of +0.9%, while the worst single day was Apr 8, 2025 at -1.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.40% | 1.45% | -2.00% | 0.37% | 0.45% | 0.09% | 0.73% | ||||||
| 2025 | 0.75% | 2.02% | -0.18% | -0.18% | -0.29% | 1.71% | -0.29% | 1.26% | 1.31% | 0.64% | 0.78% | -0.06% | 7.69% |
| 2024 | 0.28% | -2.39% | 1.77% | 0.88% | 2.09% | 1.65% | 1.46% | -2.31% | 1.25% | -1.07% | 3.53% |
Benchmark Metrics
Nuveen Core Plus Bond ETF has an annualized alpha of 3.80%, beta of 0.08, and R2 of 0.09 versus S&P 500 Index. Calculated based on daily prices since March 06, 2024.
- This ETF participated in 22.59% of S&P 500 Index downside but only 22.48% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.08 may look defensive, but with R2 of 0.09 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.09 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 3.80%
- Beta
- 0.08
- R²
- 0.09
- Upside Capture
- 22.48%
- Downside Capture
- 22.59%
Expense Ratio
NCPB has an expense ratio of 0.30%, placing it in the medium range.
Return for Risk
Risk / Return Rank
NCPB ranks 44 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Nuveen Core Plus Bond ETF (NCPB) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NCPB | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.37 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.93 | 2.78 | -0.85 |
| Martin ratioReturn relative to average drawdown | 5.88 | 12.44 | -6.56 |
Dividends
Dividend History
Nuveen Core Plus Bond ETF provided a 5.20% dividend yield over the last twelve months, with an annual payout of $1.30 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $1.30 | $1.31 | $1.27 |
Dividend yield | 5.20% | 5.21% | 5.14% |
Monthly Dividends
The table displays the monthly dividend distributions for Nuveen Core Plus Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.10 | $0.10 | $0.10 | $0.11 | $0.10 | $0.51 | ||||||
| 2025 | $0.00 | $0.10 | $0.10 | $0.12 | $0.10 | $0.11 | $0.09 | $0.11 | $0.11 | $0.13 | $0.10 | $0.24 | $1.31 |
| 2024 | $0.07 | $0.11 | $0.12 | $0.09 | $0.11 | $0.10 | $0.11 | $0.11 | $0.46 | $1.27 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Nuveen Core Plus Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Nuveen Core Plus Bond ETF was 3.59%, occurring on Jan 13, 2025. Recovery took 32 trading sessions.
The current Nuveen Core Plus Bond ETF drawdown is 1.11%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 pullback2025 | -3.59%Jan 2025 | 3mo 28d | 1mo 16d | 5mo 14dSep 2024 - Feb 2025 |
2026 pullback2026 | -2.88%Mar 2026 | 25d | — | 3mo 23dMar 2026 - now |
2024 pullback2024 | -2.83%Apr 2024 | 19d | 1mo 19d | 2mo 8dMar 2024 - Jun 2024 |
2025 selloff2025 | -2.49%Apr 2025 | 6d | 2mo 14d | 2mo 20dApr 2025 - Jun 2025 |
2024 pullback2024 | -1.27%Jul 2024 | 5d | 9d | 14dJun 2024 - Jul 2024 |
Drawdown Indicators
| NCPB | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.59% | -56.78% | +53.19% |
Max Drawdown (1Y)Largest decline over 1 year | -2.88% | -9.10% | +6.22% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.11% | -1.80% | +0.69% |
Average DrawdownAverage peak-to-trough decline | -0.93% | -10.71% | +9.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.94% | 2.03% | -1.09% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with NCPB
Add Nuveen Core Plus Bond ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with NCPB