NUAG vs. HTAB

Last updated Jun 26, 2026

NUAG (Nuveen Enhanced Yield U.S. Aggregate Bond ETF) and HTAB (Hartford Schroders Tax-Aware Bond ETF) are both Intermediate Core Bond funds. NUAG is passively managed, while HTAB is actively managed. Over the past 5 years, NUAG returned 0.57%/yr vs 0.81%/yr for HTAB. A 0.60 correlation means they provide meaningful diversification when combined. NUAG charges 0.19%/yr vs 0.39%/yr for HTAB.

Performance

NUAG vs. HTAB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NUAG) and Hartford Schroders Tax-Aware Bond ETF (HTAB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NUAG achieves a 1.25% return, which is significantly lower than HTAB's 1.88% return.

NUAG

• 1D: 0.05%
• 1M: 0.91%
• YTD: 1.25%
• 6M: 1.11%
• 1Y: 5.21%
• 3Y*: 5.03%
• 5Y*: 0.57%
• 10Y*: —

HTAB

• 1D: -0.08%
• 1M: 1.16%
• YTD: 1.88%
• 6M: 1.57%
• 1Y: 6.56%
• 3Y*: 3.24%
• 5Y*: 0.81%
• 10Y*: —

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

NUAG vs. HTAB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
NUAG Nuveen Enhanced Yield U.S. Aggregate Bond ETF	1.25%	7.37%	2.02%	7.52%	-13.97%	-2.03%	7.48%	10.13%	0.23%
HTAB Hartford Schroders Tax-Aware Bond ETF	1.88%	2.86%	1.52%	7.16%	-8.33%	-0.12%	5.41%	7.86%	1.43%

Correlation

The correlation between NUAG and HTAB is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.70
Correlation (All Time) Calculated using the full available price history since Apr 19, 2018	0.60

The correlation between NUAG and HTAB shifts across timeframes, from 0.60 (all time) to 0.74 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

NUAG vs. HTAB — Risk / Return Rank

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

NUAG

NUAG Risk / Return Rank: 46
NUAG Sharpe Ratio Rank: 48
NUAG Sortino Ratio Rank: 50
NUAG Omega Ratio Rank: 44
NUAG Calmar Ratio Rank: 46
NUAG Martin Ratio Rank: 41

HTAB

HTAB Risk / Return Rank: 56
HTAB Sharpe Ratio Rank: 56
HTAB Sortino Ratio Rank: 62
HTAB Omega Ratio Rank: 59
HTAB Calmar Ratio Rank: 53
HTAB Martin Ratio Rank: 48

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.

NUAG vs. HTAB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NUAG) and Hartford Schroders Tax-Aware Bond ETF (HTAB). 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.

	NUAG	HTAB	Difference
Sharpe ratio: Return per unit of total volatility	1.48	1.68	-0.20
Sortino ratio: Return per unit of downside risk	2.20	2.53	-0.33
Omega ratio: Gain probability vs. loss probability	1.26	1.32	-0.06
Calmar ratio: Return relative to maximum drawdown	2.06	2.31	-0.25
Martin ratio: Return relative to average drawdown	5.97	7.18	-1.21

NUAG vs. HTAB - Sharpe Ratio Comparison

The current NUAG Sharpe Ratio is 1.48, which is comparable to the HTAB Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of NUAG and HTAB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NUAG vs. HTAB - Drawdown Comparison

The maximum NUAG drawdown since its inception was -19.79%, which is greater than HTAB's maximum drawdown of -14.76%. Use the drawdown chart below to compare losses from any high point for NUAG and HTAB.

Drawdown Indicators

	NUAG	HTAB	Difference
Max Drawdown Largest peak-to-trough decline	-19.79%	-14.76%	-5.03%
Max Drawdown (1Y) Largest decline over 1 year	-2.54%	-2.85%	+0.31%
Max Drawdown (3Y) Largest decline over 3 years	-5.61%	-8.42%	+2.81%
Max Drawdown (5Y) Largest decline over 5 years	-19.19%	-14.76%	-4.43%
Current Drawdown Current decline from peak	-0.50%	-0.47%	-0.03%
Average Drawdown Average peak-to-trough decline	-4.92%	-2.88%	-2.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.87%	0.92%	-0.05%

Volatility

NUAG vs. HTAB - Volatility Comparison

Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NUAG) has a higher volatility of 1.07% compared to Hartford Schroders Tax-Aware Bond ETF (HTAB) at 0.82%. This indicates that NUAG's price experiences larger fluctuations and is considered to be riskier than HTAB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NUAG	HTAB	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.07%	0.82%	+0.25%
Volatility (6M) Calculated over the trailing 6-month period	2.70%	2.83%	-0.13%
Volatility (1Y) Calculated over the trailing 1-year period	3.54%	3.93%	-0.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.02%	5.74%	+0.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.48%	5.15%	+0.33%

NUAG vs. HTAB - Expense Ratio Comparison

NUAG has a 0.19% expense ratio, which is lower than HTAB's 0.39% expense ratio.

Dividends

NUAG vs. HTAB - Dividend Comparison

NUAG's dividend yield for the trailing twelve months is around 4.47%, more than HTAB's 3.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
HTAB Hartford Schroders Tax-Aware Bond ETF	3.82%	3.88%	3.57%	3.21%	2.26%	2.18%	1.64%	2.77%	1.61%	0.00%	0.00%
NUAG Nuveen Enhanced Yield U.S. Aggregate Bond ETF	4.47%	4.43%	4.44%	3.95%	3.60%	2.27%	2.93%	3.54%	3.79%	3.38%	0.48%

Frequently Asked Questions

Can I hold both NUAG and HTAB in my portfolio?

NUAG and HTAB have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NUAG or HTAB?

NUAG has higher volatility (1.07%) compared to HTAB (0.82%). In terms of maximum drawdown, NUAG dropped -19.79% vs HTAB's -14.76%.

Which ETF is better, NUAG or HTAB?

On 5-year performance, HTAB leads with 0.81% vs 0.57% for NUAG. On fees, NUAG is cheaper at 0.19% per year. On volatility, HTAB has been the lower-risk option at 0.82%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NUAG or HTAB?

Over the 5-year period, HTAB has performed better with a 0.81% return vs 0.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NUAG or HTAB?

NUAG is cheaper with a 0.19% expense ratio, compared with 0.39% for HTAB.

Which ETF pays a higher dividend yield, NUAG or HTAB?

NUAG has the higher dividend yield at 4.47%, compared with 3.82% for HTAB.

What is the main difference between NUAG and HTAB?

They also come from different issuers: Nuveen and Hartford. Their fees differ too: 0.19% for NUAG and 0.39% for HTAB.

Which has better risk-adjusted returns?

HTAB currently has the higher Sharpe Ratio (1.68 vs 1.48), 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.