NUGY vs. CATF

Last updated Jul 21, 2026

NUGY (GraniteShares YieldBOOST Gold Miners ETF) and CATF (American Century California Municipal Bond ETF) are both exchange-traded funds - NUGY is a Derivative Income fund actively managed by GraniteShares, while CATF is a Municipal Bonds fund actively managed by American Century. Both are actively managed. At a 0.23 correlation, their price movements are largely independent. NUGY charges 1.07%/yr vs 0.27%/yr for CATF.

Performance

NUGY vs. CATF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST Gold Miners ETF (NUGY) and American Century California Municipal Bond ETF (CATF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NUGY achieves a -7.40% return, which is significantly lower than CATF's 1.38% return.

NUGY

• 1D: -0.29%
• 1M: -4.40%
• 6M: -13.88%
• YTD: -7.40%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CATF

• 1D: -0.08%
• 1M: -0.84%
• 6M: 0.69%
• YTD: 1.38%
• 1Y: 7.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NUGY vs. CATF - Yearly Performance Comparison

	2026 (YTD)	2025
NUGY GraniteShares YieldBOOST Gold Miners ETF	-7.40%	3.20%
CATF American Century California Municipal Bond ETF	1.38%	0.31%

Correlation

The correlation between NUGY and CATF is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.23

Return for Risk

NUGY vs. CATF — Risk / Return Rank

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

NUGY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

CATF

CATF Risk / Return Rank: 82
CATF Sharpe Ratio Rank: 90
CATF Sortino Ratio Rank: 92
CATF Omega Ratio Rank: 92
CATF Calmar Ratio Rank: 70
CATF Martin Ratio Rank: 68

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.

NUGY vs. CATF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST Gold Miners ETF (NUGY) and American Century California Municipal Bond ETF (CATF). 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.

	NUGY	CATF	Difference
Sharpe ratio: Return per unit of total volatility	—	2.31	—
Sortino ratio: Return per unit of downside risk	—	3.47	—
Omega ratio: Gain probability vs. loss probability	—	1.47	—
Calmar ratio: Return relative to maximum drawdown	—	2.58	—
Martin ratio: Return relative to average drawdown	—	8.92	—

Drawdowns

NUGY vs. CATF - Drawdown Comparison

The maximum NUGY drawdown since its inception was -19.63%, which is greater than CATF's maximum drawdown of -4.83%. Use the drawdown chart below to compare losses from any high point for NUGY and CATF.

Drawdown Indicators

	NUGY	CATF	Difference
Max Drawdown Largest peak-to-trough decline	-19.63%	-4.83%	-14.80%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.77%	—
Current Drawdown Current decline from peak	-19.63%	-1.11%	-18.52%
Average Drawdown Average peak-to-trough decline	-9.22%	-1.22%	-8.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.80%	—

Volatility

Volatility by Period

	NUGY	CATF	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.73%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.30%	—
Volatility (1Y) Calculated over the trailing 1-year period	24.98%	3.10%	+21.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.98%	4.24%	+20.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.98%	4.24%	+20.74%

NUGY vs. CATF - Expense Ratio Comparison

NUGY has a 1.07% expense ratio, which is higher than CATF's 0.27% expense ratio.

Dividends

NUGY vs. CATF - Dividend Comparison

NUGY's dividend yield for the trailing twelve months is around 91.51%, more than CATF's 3.54% yield.

Position	TTM	2025	2024
CATF American Century California Municipal Bond ETF	3.54%	3.40%	1.32%
NUGY GraniteShares YieldBOOST Gold Miners ETF	91.51%	12.18%	0.00%

Frequently Asked Questions

Can I hold both NUGY and CATF in my portfolio?

NUGY and CATF have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NUGY or CATF?

On fees, CATF is cheaper at 0.27% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NUGY or CATF?

CATF is cheaper with a 0.27% expense ratio, compared with 1.07% for NUGY.

Which ETF pays a higher dividend yield, NUGY or CATF?

NUGY has the higher dividend yield at 91.51%, compared with 3.54% for CATF.

What is the main difference between NUGY and CATF?

NUGY is categorized as Derivative Income, while CATF is Municipal Bonds. They also come from different issuers: GraniteShares and American Century. Their fees differ too: 1.07% for NUGY and 0.27% for CATF.