NUAG vs. FALN
Compare and contrast key facts about Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NUAG) and iShares Fallen Angels USD Bond ETF (FALN).
NUAG and FALN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NUAG is a passively managed fund by Nuveen that tracks the performance of the ICE BofA Enhanced Yield US Broad Bond. It was launched on Sep 14, 2016. FALN is a passively managed fund by iShares that tracks the performance of the Bloomberg US High Yield Fallen Angel 3% Capped Index. It was launched on Jun 14, 2016. Both NUAG and FALN 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: NUAG or FALN.
Correlation
The correlation between NUAG and FALN is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NUAG vs. FALN - Performance Comparison
Key characteristics
NUAG:
0.93
FALN:
1.87
NUAG:
1.36
FALN:
2.67
NUAG:
1.16
FALN:
1.34
NUAG:
0.37
FALN:
3.00
NUAG:
2.65
FALN:
11.21
NUAG:
1.73%
FALN:
0.75%
NUAG:
4.96%
FALN:
4.51%
NUAG:
-19.79%
FALN:
-29.22%
NUAG:
-6.98%
FALN:
-0.18%
Returns By Period
In the year-to-date period, NUAG achieves a 0.89% return, which is significantly lower than FALN's 1.70% return.
NUAG
0.89%
0.84%
-0.88%
4.70%
-0.46%
N/A
FALN
1.70%
0.64%
2.75%
8.65%
4.90%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NUAG vs. FALN - Expense Ratio Comparison
NUAG has a 0.20% expense ratio, which is lower than FALN's 0.25% 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
NUAG vs. FALN — Risk-Adjusted Performance Rank
NUAG
FALN
NUAG vs. FALN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NUAG) and iShares Fallen Angels USD Bond ETF (FALN). 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
NUAG vs. FALN - Dividend Comparison
NUAG's dividend yield for the trailing twelve months is around 4.46%, less than FALN's 6.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
NUAG Nuveen Enhanced Yield U.S. Aggregate Bond ETF | 4.46% | 4.44% | 3.96% | 3.60% | 2.27% | 2.94% | 3.54% | 3.80% | 3.38% | 0.78% |
FALN iShares Fallen Angels USD Bond ETF | 6.24% | 6.23% | 5.38% | 5.08% | 3.39% | 5.14% | 5.35% | 5.97% | 6.99% | 3.54% |
Drawdowns
NUAG vs. FALN - Drawdown Comparison
The maximum NUAG drawdown since its inception was -19.79%, smaller than the maximum FALN drawdown of -29.22%. Use the drawdown chart below to compare losses from any high point for NUAG and FALN. For additional features, visit the drawdowns tool.
Volatility
NUAG vs. FALN - Volatility Comparison
Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NUAG) has a higher volatility of 1.41% compared to iShares Fallen Angels USD Bond ETF (FALN) at 1.06%. This indicates that NUAG's price experiences larger fluctuations and is considered to be riskier than FALN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.