NUBD vs. NUMV
NUBD (Nuveen ESG U.S. Aggregate Bond ETF) and NUMV (Nuveen ESG Mid-Cap Value ETF) are both exchange-traded funds - NUBD is a Intermediate Core Bond fund tracking the Bloomberg MSCI U.S. Aggregate ESG Select Index, while NUMV is a Mid Cap Value Equities fund tracking the TIAA ESG USA Mid-Cap Value Index. Both are passively managed. Over the past 5 years, NUBD returned -0.41%/yr vs 8.01%/yr for NUMV. Their 0.06 correlation means their historical movements had little consistent relationship. NUBD charges 0.15%/yr vs 0.31%/yr for NUMV.
Performance
NUBD vs. NUMV - Performance Comparison
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Returns By Period
In the year-to-date period, NUBD achieves a 0.05% return, which is significantly lower than NUMV's 16.45% return.
NUBD
- 1D
- 0.44%
- 1M
- -0.55%
- 6M
- -0.10%
- YTD
- 0.05%
- 1Y
- 2.25%
- 3Y*
- 4.04%
- 5Y*
- -0.41%
- 10Y*
- —
- ALL TIME*
- 1.43%
NUMV
- 1D
- 1.63%
- 1M
- 3.27%
- 6M
- 12.81%
- YTD
- 16.45%
- 1Y
- 25.55%
- 3Y*
- 16.61%
- 5Y*
- 8.01%
- 10Y*
- —
- ALL TIME*
- 9.36%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.01M | $1.49M | $1.50M | |
| $888.31K | $760.49K | $986.84K |
NUBD vs. NUMV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NUBD Nuveen ESG U.S. Aggregate Bond ETF | 0.05% | 6.75% | 1.31% | 5.42% | -12.90% | -2.19% | 7.17% | 8.22% | 0.32% | 0.22% |
NUMV Nuveen ESG Mid-Cap Value ETF | 16.45% | 14.05% | 12.31% | 8.43% | -14.97% | 31.15% | 0.91% | 29.81% | -11.91% | 7.22% |
Correlation
The correlation between NUBD and NUMV is 0.40, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.40 |
Correlation (3Y) Balances recent behavior with more history. | 0.30 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.22 |
Correlation (All Time) Calculated using the full available price history since Oct 2, 2017 | 0.06 |
Over the past year, NUBD and NUMV have become more correlated (0.40) than their long-term average of 0.06, meaning their price movements have been converging.
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Return for Risk
NUBD vs. NUMV — Risk / Return Rank
NUBD
NUMV
NUBD vs. NUMV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen ESG U.S. Aggregate Bond ETF (NUBD) and Nuveen ESG Mid-Cap Value ETF (NUMV). 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.
| NUBD | NUMV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.42 | ||
| Sortino ratioReturn per unit of downside risk | -2.07 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.35 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.82 | 2.95 | -2.13 |
| Martin ratioReturn relative to average drawdown | 1.99 | 11.26 | -9.27 |
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Drawdowns
NUBD vs. NUMV - Drawdown Comparison
The maximum NUBD drawdown since its inception was -19.45%, smaller than the maximum NUMV drawdown of -43.46%. Use the drawdown chart below to compare losses from any high point for NUBD and NUMV.
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Drawdown Indicators
| NUBD | NUMV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.45% | -43.46% | +24.01% |
Max Drawdown (1Y)Largest decline over 1 year | -2.76% | -8.71% | +5.95% |
Max Drawdown (3Y)Largest decline over 3 years | -4.95% | -19.53% | +14.58% |
Max Drawdown (5Y)Largest decline over 5 years | -17.76% | -25.71% | +7.95% |
Current DrawdownCurrent decline from peak | -4.07% | 0.00% | -4.07% |
Average DrawdownAverage peak-to-trough decline | -6.01% | -6.78% | +0.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.13% | 2.28% | -1.15% |
Volatility
NUBD vs. NUMV - Volatility Comparison
The current volatility for Nuveen ESG U.S. Aggregate Bond ETF (NUBD) is 1.18%, while Nuveen ESG Mid-Cap Value ETF (NUMV) has a volatility of 4.17%. This indicates that NUBD experiences smaller price fluctuations and is considered to be less risky than NUMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NUBD | NUMV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.18% | 4.17% | -2.99% |
Volatility (6M)Calculated over the trailing 6-month period | 2.95% | 9.53% | -6.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.71% | 12.69% | -8.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.99% | 17.31% | -11.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.10% | 19.67% | -14.57% |
NUBD vs. NUMV - Expense Ratio Comparison
NUBD has a 0.15% expense ratio, which is lower than NUMV's 0.31% expense ratio.
Dividends
NUBD vs. NUMV - Dividend Comparison
NUBD's dividend yield for the trailing twelve months is around 4.07%, more than NUMV's 1.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
NUBD Nuveen ESG U.S. Aggregate Bond ETF | 4.07% | 3.90% | 3.51% | 2.99% | 2.83% | 2.05% | 2.21% | 2.66% | 3.08% | 0.58% |
NUMV Nuveen ESG Mid-Cap Value ETF | 1.32% | 1.53% | 1.81% | 2.20% | 5.78% | 6.62% | 1.38% | 2.40% | 4.01% | 0.83% |
Frequently Asked Questions
NUBD and NUMV have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NUMV has higher volatility (4.17%) compared to NUBD (1.18%). In terms of maximum drawdown, NUBD dropped -19.45% vs NUMV's -43.46%.
On 5-year performance, NUMV leads with 8.01% vs -0.41% for NUBD. On fees, NUBD is cheaper at 0.15% per year. On volatility, NUBD has been the lower-risk option at 1.18%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, NUMV has performed better with a 8.01% return vs -0.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
NUBD is cheaper with a 0.15% expense ratio, compared with 0.31% for NUMV.
NUBD has the higher dividend yield at 4.07%, compared with 1.32% for NUMV.
NUBD is categorized as Intermediate Core Bond, while NUMV is Mid Cap Value Equities. NUBD tracks Bloomberg MSCI U.S. Aggregate ESG Select Index, while NUMV tracks TIAA ESG USA Mid-Cap Value Index. Their fees differ too: 0.15% for NUBD and 0.31% for NUMV.
NUMV currently has the higher Sharpe Ratio (2.03 vs 0.61), 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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