CATF vs. NUGY

Last updated Jun 23, 2026

CATF (American Century California Municipal Bond ETF) and NUGY (GraniteShares YieldBOOST Gold Miners ETF) are both exchange-traded funds - CATF is a Municipal Bonds fund actively managed by American Century, while NUGY is a Derivative Income fund actively managed by GraniteShares. Both are actively managed. At a 0.21 correlation, their price movements are largely independent. CATF charges 0.27%/yr vs 1.07%/yr for NUGY.

Performance

CATF vs. NUGY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century California Municipal Bond ETF (CATF) and GraniteShares YieldBOOST Gold Miners ETF (NUGY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CATF achieves a 2.37% return, which is significantly higher than NUGY's -3.93% return.

CATF

• 1D: 0.13%
• 1M: 1.55%
• YTD: 2.37%
• 6M: 2.34%
• 1Y: 7.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NUGY

• 1D: -0.83%
• 1M: -0.84%
• YTD: -3.93%
• 6M: -9.39%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CATF vs. NUGY - Yearly Performance Comparison

	2026 (YTD)	2025
CATF American Century California Municipal Bond ETF	2.37%	0.31%
NUGY GraniteShares YieldBOOST Gold Miners ETF	-3.93%	3.20%

Correlation

The correlation between CATF and NUGY is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.21

Return for Risk

CATF vs. NUGY — Risk / Return Rank

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

CATF

CATF Risk / Return Rank: 75
CATF Sharpe Ratio Rank: 83
CATF Sortino Ratio Rank: 89
CATF Omega Ratio Rank: 89
CATF Calmar Ratio Rank: 59
CATF Martin Ratio Rank: 57

NUGY

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.

CATF vs. NUGY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century California Municipal Bond ETF (CATF) and GraniteShares YieldBOOST Gold Miners ETF (NUGY). 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.

	CATF	NUGY	Difference
Sharpe ratio: Return per unit of total volatility	2.55	—	—
Sortino ratio: Return per unit of downside risk	3.88	—	—
Omega ratio: Gain probability vs. loss probability	1.54	—	—
Calmar ratio: Return relative to maximum drawdown	2.83	—	—
Martin ratio: Return relative to average drawdown	9.88	—	—

Drawdowns

CATF vs. NUGY - Drawdown Comparison

The maximum CATF drawdown since its inception was -4.83%, smaller than the maximum NUGY drawdown of -18.04%. Use the drawdown chart below to compare losses from any high point for CATF and NUGY.

Drawdown Indicators

	CATF	NUGY	Difference
Max Drawdown Largest peak-to-trough decline	-4.83%	-18.04%	+13.21%
Max Drawdown (1Y) Largest decline over 1 year	-2.77%	—	—
Current Drawdown Current decline from peak	-0.14%	-16.62%	+16.48%
Average Drawdown Average peak-to-trough decline	-1.25%	-8.02%	+6.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.79%	—	—

Volatility

Volatility by Period

	CATF	NUGY	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.82%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.23%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.07%	26.09%	-23.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.29%	26.09%	-21.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.29%	26.09%	-21.80%

CATF vs. NUGY - Expense Ratio Comparison

CATF has a 0.27% expense ratio, which is lower than NUGY's 1.07% expense ratio.

Dividends

CATF vs. NUGY - Dividend Comparison

CATF's dividend yield for the trailing twelve months is around 3.49%, less than NUGY's 79.37% yield.

Position	TTM	2025	2024
CATF American Century California Municipal Bond ETF	3.49%	3.40%	1.32%
NUGY GraniteShares YieldBOOST Gold Miners ETF	79.37%	12.18%	0.00%

Frequently Asked Questions

Can I hold both CATF and NUGY in my portfolio?

CATF and NUGY have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CATF or NUGY?

On fees, CATF is cheaper at 0.27% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CATF or NUGY?

CATF is cheaper with a 0.27% expense ratio, compared with 1.07% for NUGY.

Which ETF pays a higher dividend yield, CATF or NUGY?

NUGY has the higher dividend yield at 79.37%, compared with 3.49% for CATF.

What is the main difference between CATF and NUGY?

CATF is categorized as Municipal Bonds, while NUGY is Derivative Income. They also come from different issuers: American Century and GraniteShares. Their fees differ too: 0.27% for CATF and 1.07% for NUGY.