EAGG vs. NUBD
Compare and contrast key facts about iShares ESG Aware US Aggregate Bond ETF (EAGG) and Nuveen ESG U.S. Aggregate Bond ETF (NUBD).
EAGG and NUBD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EAGG is a passively managed fund by iShares that tracks the performance of the Bloomberg MSCI U.S. Aggregate ESG Focus Index. It was launched on Oct 18, 2018. NUBD is a passively managed fund by Nuveen that tracks the performance of the Bloomberg Barclays MSCI US Aggregate ESG Select Index. It was launched on Sep 29, 2017. Both EAGG and NUBD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EAGG or NUBD.
Key characteristics
| EAGG | NUBD | |
|---|---|---|
| YTD Return | 1.98% | 1.91% |
| 1Y Return | 7.77% | 7.55% |
| 3Y Return (Ann) | -2.41% | -2.37% |
| 5Y Return (Ann) | -0.11% | -0.24% |
| Sharpe Ratio | 1.40 | 1.34 |
| Sortino Ratio | 2.05 | 1.96 |
| Omega Ratio | 1.25 | 1.24 |
| Calmar Ratio | 0.51 | 0.47 |
| Martin Ratio | 4.93 | 4.78 |
| Ulcer Index | 1.65% | 1.65% |
| Daily Std Dev | 5.82% | 5.92% |
| Max Drawdown | -18.74% | -19.45% |
| Current Drawdown | -8.77% | -9.65% |
Correlation
The correlation between EAGG and NUBD is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EAGG vs. NUBD - Performance Comparison
The year-to-date returns for both stocks are quite close, with EAGG having a 1.98% return and NUBD slightly lower at 1.91%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EAGG vs. NUBD - Expense Ratio Comparison
EAGG has a 0.10% expense ratio, which is lower than NUBD's 0.15% 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%.
Risk-Adjusted Performance
EAGG vs. NUBD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware US Aggregate Bond ETF (EAGG) and Nuveen ESG U.S. Aggregate Bond ETF (NUBD). 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.
Dividends
EAGG vs. NUBD - Dividend Comparison
EAGG's dividend yield for the trailing twelve months is around 3.84%, more than NUBD's 3.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
EAGG iShares ESG Aware US Aggregate Bond ETF | 3.84% | 3.24% | 2.07% | 1.09% | 1.82% | 3.17% | 0.61% | 0.00% |
NUBD Nuveen ESG U.S. Aggregate Bond ETF | 3.50% | 2.98% | 2.84% | 2.05% | 2.21% | 2.66% | 3.08% | 0.58% |
Drawdowns
EAGG vs. NUBD - Drawdown Comparison
The maximum EAGG drawdown since its inception was -18.74%, roughly equal to the maximum NUBD drawdown of -19.45%. Use the drawdown chart below to compare losses from any high point for EAGG and NUBD. For additional features, visit the drawdowns tool.
Volatility
EAGG vs. NUBD - Volatility Comparison
iShares ESG Aware US Aggregate Bond ETF (EAGG) has a higher volatility of 1.66% compared to Nuveen ESG U.S. Aggregate Bond ETF (NUBD) at 1.47%. This indicates that EAGG's price experiences larger fluctuations and is considered to be riskier than NUBD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.