BBNTX vs. BUSIX

Last updated Jun 23, 2026

BBNTX (Sterling Capital North Carolina Intermediate Tax-Free Fund) and BUSIX (Sterling Capital Ultra Short Bond Fund) are both mutual funds - BBNTX is a Municipal Bonds fund managed by Sterling Capital, while BUSIX is a Ultrashort Bond fund managed by Sterling Capital. At a 0.31 correlation, their price movements are largely independent. BBNTX charges 0.57%/yr vs 0.27%/yr for BUSIX.

Performance

BBNTX vs. BUSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sterling Capital North Carolina Intermediate Tax-Free Fund (BBNTX) and Sterling Capital Ultra Short Bond Fund (BUSIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BBNTX

• 1D: 0.10%
• 1M: 1.13%
• YTD: 0.72%
• 6M: 1.05%
• 1Y: 4.69%
• 3Y*: 3.11%
• 5Y*: 0.76%
• 10Y*: 1.46%

BUSIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BBNTX vs. BUSIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BBNTX Sterling Capital North Carolina Intermediate Tax-Free Fund	0.72%	5.19%	0.45%	3.64%	-5.86%	-0.23%	4.26%	6.09%	0.73%	3.28%
BUSIX Sterling Capital Ultra Short Bond Fund	0.83%	4.93%	5.87%	5.09%	0.32%	0.31%	2.16%	3.27%	1.66%	1.37%

Correlation

The correlation between BBNTX and BUSIX is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013	0.31

Return for Risk

BBNTX vs. BUSIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BBNTX

BBNTX Risk / Return Rank: 56
BBNTX Sharpe Ratio Rank: 70
BBNTX Sortino Ratio Rank: 75
BBNTX Omega Ratio Rank: 88
BBNTX Calmar Ratio Rank: 24
BBNTX Martin Ratio Rank: 22

BUSIX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

BBNTX vs. BUSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sterling Capital North Carolina Intermediate Tax-Free Fund (BBNTX) and Sterling Capital Ultra Short Bond Fund (BUSIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	BBNTX	BUSIX	Difference
Sharpe ratio: Return per unit of total volatility	2.24	—	—
Sortino ratio: Return per unit of downside risk	3.30	—	—
Omega ratio: Gain probability vs. loss probability	1.58	—	—
Calmar ratio: Return relative to maximum drawdown	1.68	—	—
Martin ratio: Return relative to average drawdown	5.08	—	—

Drawdowns

Drawdown Indicators

	BBNTX	BUSIX	Difference
Max Drawdown Largest peak-to-trough decline	-10.25%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-2.81%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-4.15%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-10.16%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-10.25%	—	—
Current Drawdown Current decline from peak	-1.07%	—	—
Average Drawdown Average peak-to-trough decline	-1.46%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.92%	—	—

Volatility

Volatility by Period

	BBNTX	BUSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.54%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.75%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.11%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.84%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.22%	—	—

BBNTX vs. BUSIX - Expense Ratio Comparison

BBNTX has a 0.57% expense ratio, which is higher than BUSIX's 0.27% expense ratio.

Dividends

BBNTX vs. BUSIX - Dividend Comparison

BBNTX's dividend yield for the trailing twelve months is around 2.68%, less than BUSIX's 3.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BBNTX Sterling Capital North Carolina Intermediate Tax-Free Fund	2.68%	3.52%	2.82%	2.07%	1.94%	1.59%	1.62%	2.43%	2.51%	2.39%	2.73%	2.98%
BUSIX Sterling Capital Ultra Short Bond Fund	3.19%	4.29%	4.65%	3.48%	1.87%	1.24%	1.72%	2.60%	2.05%	1.57%	1.74%	1.36%

Frequently Asked Questions

Can I hold both BBNTX and BUSIX in my portfolio?

BBNTX and BUSIX have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.