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Nuveen Ultra Short Income ETF (NUSB)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Issuer
Nuveen
Inception Date
Mar 5, 2024
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Nuveen Ultra Short Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Nuveen Ultra Short Income ETF (NUSB) has returned 0.83% so far this year and 4.38% over the past 12 months.


Nuveen Ultra Short Income ETF

1D
0.06%
1M
0.15%
YTD
0.83%
6M
1.94%
1Y
4.38%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Mar 6, 2024, NUSB's average daily return is +0.02%, while the average monthly return is +0.39%. At this rate, your investment would double in approximately 14.8 years.

Historically, 100% of months were positive and 0% were negative. The best month was Jul 2024 with a return of +0.6%, while the worst month was Mar 2026 at 0.2%. The longest winning streak lasted 25 consecutive months, and the longest losing streak was 0 months.

On a daily basis, NUSB closed higher 59% of trading days. The best single day was Jun 30, 2025 with a return of +0.1%, while the worst single day was Jul 1, 2025 at -0.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.36%0.32%0.15%0.83%
20250.40%0.37%0.39%0.32%0.39%0.51%0.26%0.47%0.42%0.35%0.36%0.38%4.71%
20240.30%0.38%0.53%0.36%0.60%0.55%0.57%0.23%0.44%0.45%4.50%

Benchmark Metrics

Nuveen Ultra Short Income ETF has an annualized alpha of 4.87%, beta of 0.00, and R² of 0.01 versus S&P 500 Index. Calculated based on daily prices since March 07, 2024.

  • This ETF captured 12.60% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -15.90%) — a profile typical of hedging or uncorrelated assets.
  • Beta of 0.00 may look defensive, but with R² of 0.01 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 0.01 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
4.87%
Beta
0.00
0.01
Upside Capture
12.60%
Downside Capture
-15.90%

Expense Ratio

NUSB has an expense ratio of 0.17%, which is considered low.


Return for Risk

Risk / Return Rank

NUSB ranks 100 for risk / return — in the top 100% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


NUSB Risk / Return Rank: 100100
Overall Rank
NUSB Sharpe Ratio Rank: 100100
Sharpe Ratio Rank
NUSB Sortino Ratio Rank: 100100
Sortino Ratio Rank
NUSB Omega Ratio Rank: 100100
Omega Ratio Rank
NUSB Calmar Ratio Rank: 9999
Calmar Ratio Rank
NUSB Martin Ratio Rank: 9999
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Nuveen Ultra Short Income ETF (NUSB) and compare them to a chosen benchmark (S&P 500 Index).


NUSBBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

10.42

0.90

+9.52

Sortino ratio

Return per unit of downside risk

26.35

1.39

+24.96

Omega ratio

Gain probability vs. loss probability

6.58

1.21

+5.37

Calmar ratio

Return relative to maximum drawdown

27.86

1.40

+26.46

Martin ratio

Return relative to average drawdown

203.13

6.61

+196.53

Explore NUSB risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Nuveen Ultra Short Income ETF provided a 4.42% dividend yield over the last twelve months, with an annual payout of $1.12 per share.


3.60%3.80%4.00%4.20%4.40%4.60%$0.00$0.20$0.40$0.60$0.80$1.00$1.2020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$1.12$1.14$0.91

Dividend yield

4.42%4.51%3.61%

Monthly Dividends

The table displays the monthly dividend distributions for Nuveen Ultra Short Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.08$0.08$0.16
2025$0.00$0.09$0.09$0.10$0.09$0.10$0.09$0.10$0.10$0.10$0.09$0.20$1.14
2024$0.07$0.10$0.11$0.10$0.07$0.08$0.06$0.10$0.21$0.91

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Nuveen Ultra Short Income 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 Ultra Short Income ETF was 0.16%, occurring on Apr 10, 2025. Recovery took 5 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-0.16%Apr 7, 20254Apr 10, 20255Apr 17, 20259
-0.06%Mar 11, 20262Mar 12, 20263Mar 17, 20265
-0.06%Jul 1, 20251Jul 1, 20252Jul 3, 20253
-0.04%Mar 12, 20241Mar 12, 20242Mar 14, 20243
-0.04%Apr 10, 20241Apr 10, 20241Apr 11, 20242

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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