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NUHY vs. IBHD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

NUHY vs. IBHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen ESG High Yield Corporate Bond ETF (NUHY) and iShares iBonds 2024 Term High Yield & Income ETF (IBHD). The values are adjusted to include any dividend payments, if applicable.

0.00%2.00%4.00%6.00%JuneJulyAugustSeptemberOctoberNovember
5.83%
2.93%
NUHY
IBHD

Returns By Period

In the year-to-date period, NUHY achieves a 7.48% return, which is significantly higher than IBHD's 5.43% return.


NUHY

YTD

7.48%

1M

0.47%

6M

5.42%

1Y

12.41%

5Y (annualized)

2.87%

10Y (annualized)

N/A

IBHD

YTD

5.43%

1M

0.37%

6M

2.99%

1Y

6.65%

5Y (annualized)

4.12%

10Y (annualized)

N/A

Key characteristics


NUHYIBHD
Sharpe Ratio2.614.04
Sortino Ratio4.166.26
Omega Ratio1.522.03
Calmar Ratio1.9613.18
Martin Ratio19.1176.15
Ulcer Index0.66%0.09%
Daily Std Dev4.84%1.68%
Max Drawdown-20.14%-20.11%
Current Drawdown-0.39%0.00%

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NUHY vs. IBHD - Expense Ratio Comparison

NUHY has a 0.30% expense ratio, which is lower than IBHD's 0.35% expense ratio.


IBHD
iShares iBonds 2024 Term High Yield & Income ETF
Expense ratio chart for IBHD: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
Expense ratio chart for NUHY: current value at 0.30% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.30%

Correlation

-0.50.00.51.00.6

The correlation between NUHY and IBHD is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Risk-Adjusted Performance

NUHY vs. IBHD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen ESG High Yield Corporate Bond ETF (NUHY) and iShares iBonds 2024 Term High Yield & Income ETF (IBHD). 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.


Sharpe ratio
The chart of Sharpe ratio for NUHY, currently valued at 2.61, compared to the broader market0.002.004.002.614.04
The chart of Sortino ratio for NUHY, currently valued at 4.16, compared to the broader market-2.000.002.004.006.008.0010.0012.004.166.26
The chart of Omega ratio for NUHY, currently valued at 1.52, compared to the broader market0.501.001.502.002.503.001.522.03
The chart of Calmar ratio for NUHY, currently valued at 1.96, compared to the broader market0.005.0010.0015.001.9613.18
The chart of Martin ratio for NUHY, currently valued at 19.11, compared to the broader market0.0020.0040.0060.0080.00100.0019.1176.15
NUHY
IBHD

The current NUHY Sharpe Ratio is 2.61, which is lower than the IBHD Sharpe Ratio of 4.04. The chart below compares the historical Sharpe Ratios of NUHY and IBHD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.504.004.50JuneJulyAugustSeptemberOctoberNovember
2.61
4.04
NUHY
IBHD

Dividends

NUHY vs. IBHD - Dividend Comparison

NUHY's dividend yield for the trailing twelve months is around 6.64%, more than IBHD's 6.26% yield.


TTM20232022202120202019
NUHY
Nuveen ESG High Yield Corporate Bond ETF
6.64%6.65%6.36%4.88%5.11%1.37%
IBHD
iShares iBonds 2024 Term High Yield & Income ETF
6.26%6.90%4.91%4.43%5.50%3.59%

Drawdowns

NUHY vs. IBHD - Drawdown Comparison

The maximum NUHY drawdown since its inception was -20.14%, roughly equal to the maximum IBHD drawdown of -20.11%. Use the drawdown chart below to compare losses from any high point for NUHY and IBHD. For additional features, visit the drawdowns tool.


-1.50%-1.00%-0.50%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.39%
0
NUHY
IBHD

Volatility

NUHY vs. IBHD - Volatility Comparison

Nuveen ESG High Yield Corporate Bond ETF (NUHY) has a higher volatility of 1.15% compared to iShares iBonds 2024 Term High Yield & Income ETF (IBHD) at 0.25%. This indicates that NUHY's price experiences larger fluctuations and is considered to be riskier than IBHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.20%0.40%0.60%0.80%1.00%1.20%1.40%1.60%JuneJulyAugustSeptemberOctoberNovember
1.15%
0.25%
NUHY
IBHD