EAGG vs. NUAG
EAGG (iShares ESG Aware US Aggregate Bond ETF) and NUAG (Nuveen Enhanced Yield U.S. Aggregate Bond ETF) are both Intermediate Core Bond funds - EAGG tracks the Bloomberg MSCI U.S. Aggregate ESG Focus Index while NUAG tracks the ICE BofA Enhanced Yield US Broad Bond. Both are passively managed. Over the past 5 years, EAGG returned -0.02%/yr vs 0.43%/yr for NUAG. Their correlation of 0.91 suggests significant overlap in exposure. EAGG charges 0.10%/yr vs 0.19%/yr for NUAG.
Performance
EAGG vs. NUAG - Performance Comparison
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Returns By Period
In the year-to-date period, EAGG achieves a 0.45% return, which is significantly lower than NUAG's 0.74% return.
EAGG
- 1D
- 0.11%
- 1M
- 0.70%
- YTD
- 0.45%
- 6M
- 0.58%
- 1Y
- 4.33%
- 3Y*
- 3.88%
- 5Y*
- -0.02%
- 10Y*
- —
NUAG
- 1D
- 0.10%
- 1M
- 0.65%
- YTD
- 0.74%
- 6M
- 0.88%
- 1Y
- 4.58%
- 3Y*
- 4.88%
- 5Y*
- 0.43%
- 10Y*
- —
EAGG vs. NUAG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
EAGG iShares ESG Aware US Aggregate Bond ETF | 0.45% | 7.18% | 1.12% | 5.58% | -13.63% | -1.30% | 7.40% | 8.68% | 2.19% |
NUAG Nuveen Enhanced Yield U.S. Aggregate Bond ETF | 0.74% | 7.37% | 2.02% | 7.52% | -13.97% | -2.03% | 7.48% | 10.13% | 1.38% |
Correlation
The correlation between EAGG and NUAG is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.96 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2018 | 0.91 |
The correlation between EAGG and NUAG has been stable across timeframes, ranging from 0.91 to 0.96 - a consistent structural relationship.
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Return for Risk
EAGG vs. NUAG — Risk / Return Rank
EAGG
NUAG
EAGG vs. NUAG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware US Aggregate Bond ETF (EAGG) and Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NUAG). 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.
| EAGG | NUAG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.23 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.58 | 1.81 | -0.23 |
| Martin ratioReturn relative to average drawdown | 4.57 | 5.25 | -0.68 |
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Drawdowns
EAGG vs. NUAG - Drawdown Comparison
The maximum EAGG drawdown since its inception was -18.74%, smaller than the maximum NUAG drawdown of -19.79%. Use the drawdown chart below to compare losses from any high point for EAGG and NUAG.
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Drawdown Indicators
| EAGG | NUAG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.74% | -19.79% | +1.05% |
Max Drawdown (1Y)Largest decline over 1 year | -2.75% | -2.54% | -0.21% |
Max Drawdown (3Y)Largest decline over 3 years | -6.20% | -5.61% | -0.59% |
Max Drawdown (5Y)Largest decline over 5 years | -17.98% | -19.19% | +1.21% |
Current DrawdownCurrent decline from peak | -2.61% | -0.99% | -1.62% |
Average DrawdownAverage peak-to-trough decline | -6.02% | -4.93% | -1.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 0.87% | +0.08% |
Volatility
EAGG vs. NUAG - Volatility Comparison
iShares ESG Aware US Aggregate Bond ETF (EAGG) and Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NUAG) have volatilities of 1.05% and 1.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EAGG | NUAG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.05% | 1.01% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 2.75% | 2.67% | +0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.73% | 3.56% | +0.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.03% | 6.01% | +0.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.49% | 5.48% | +0.01% |
EAGG vs. NUAG - Expense Ratio Comparison
EAGG has a 0.10% expense ratio, which is lower than NUAG's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
EAGG vs. NUAG - Dividend Comparison
EAGG's dividend yield for the trailing twelve months is around 4.00%, less than NUAG's 4.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
EAGG iShares ESG Aware US Aggregate Bond ETF | 4.00% | 3.92% | 3.93% | 3.24% | 2.07% | 1.09% | 1.82% | 3.17% | 0.61% | 0.00% | 0.00% |
NUAG Nuveen Enhanced Yield U.S. Aggregate Bond ETF | 4.49% | 4.43% | 4.44% | 3.95% | 3.60% | 2.27% | 2.93% | 3.54% | 3.79% | 3.38% | 0.48% |
Frequently Asked Questions
With a correlation of 0.95, EAGG and NUAG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
EAGG has higher volatility (1.05%) compared to NUAG (1.01%). In terms of maximum drawdown, EAGG dropped -18.74% vs NUAG's -19.79%.
On 5-year performance, NUAG leads with 0.43% vs -0.02% for EAGG. On fees, EAGG is cheaper at 0.10% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, NUAG has performed better with a 0.43% return vs -0.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EAGG is cheaper with a 0.10% expense ratio, compared with 0.19% for NUAG.
NUAG has the higher dividend yield at 4.49%, compared with 4.00% for EAGG.
EAGG tracks Bloomberg MSCI U.S. Aggregate ESG Focus Index, while NUAG tracks ICE BofA Enhanced Yield US Broad Bond. They also come from different issuers: iShares and Nuveen. Their fees differ too: 0.10% for EAGG and 0.19% for NUAG.
NUAG currently has the higher Sharpe Ratio (1.31 vs 1.17), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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