NUBD vs. AGG
Compare and contrast key facts about Nuveen ESG U.S. Aggregate Bond ETF (NUBD) and iShares Core U.S. Aggregate Bond ETF (AGG).
NUBD and AGG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. AGG is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Sep 22, 2003. Both NUBD and AGG 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: NUBD or AGG.
Key characteristics
| NUBD | AGG | |
|---|---|---|
| YTD Return | -1.49% | -1.32% |
| 1Y Return | 1.61% | 1.86% |
| 3Y Return (Ann) | -3.03% | -2.84% |
| 5Y Return (Ann) | -0.15% | 0.09% |
| Sharpe Ratio | 0.18 | 0.21 |
| Daily Std Dev | 6.74% | 6.73% |
| Max Drawdown | -19.45% | -18.43% |
| Current Drawdown | -12.66% | -11.30% |
Correlation
The correlation between NUBD and AGG is 0.89, 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
NUBD vs. AGG - Performance Comparison
In the year-to-date period, NUBD achieves a -1.49% return, which is significantly lower than AGG's -1.32% return. 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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NUBD vs. AGG - Expense Ratio Comparison
NUBD has a 0.15% expense ratio, which is higher than AGG's 0.05% expense ratio. However, 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
NUBD vs. AGG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen ESG U.S. Aggregate Bond ETF (NUBD) and iShares Core U.S. Aggregate Bond ETF (AGG). 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
NUBD vs. AGG - Dividend Comparison
NUBD's dividend yield for the trailing twelve months is around 3.26%, less than AGG's 3.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NUBD Nuveen ESG U.S. Aggregate Bond ETF | 3.26% | 2.99% | 2.83% | 2.05% | 2.21% | 2.67% | 3.08% | 0.58% | 0.00% | 0.00% | 0.00% | 0.00% |
AGG iShares Core U.S. Aggregate Bond ETF | 3.40% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.96% | 2.32% | 2.39% | 2.45% | 2.40% | 2.32% |
Drawdowns
NUBD vs. AGG - Drawdown Comparison
The maximum NUBD drawdown since its inception was -19.45%, which is greater than AGG's maximum drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for NUBD and AGG. For additional features, visit the drawdowns tool.
Volatility
NUBD vs. AGG - Volatility Comparison
Nuveen ESG U.S. Aggregate Bond ETF (NUBD) and iShares Core U.S. Aggregate Bond ETF (AGG) have volatilities of 1.29% and 1.35%, 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.