NUHY vs. PTBD
Compare and contrast key facts about Nuveen ESG High Yield Corporate Bond ETF (NUHY) and Pacer Trendpilot US Bond ETF (PTBD).
NUHY and PTBD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NUHY 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 25, 2019. PTBD is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer Trendpilot US Bond Index. It was launched on Oct 22, 2019. Both NUHY and PTBD 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: NUHY or PTBD.
Key characteristics
| NUHY | PTBD | |
|---|---|---|
| YTD Return | 7.90% | 4.93% |
| 1Y Return | 15.17% | 11.39% |
| 3Y Return (Ann) | 1.94% | -3.40% |
| 5Y Return (Ann) | 2.85% | 0.56% |
| Sharpe Ratio | 2.82 | 1.96 |
| Sortino Ratio | 4.55 | 2.97 |
| Omega Ratio | 1.57 | 1.36 |
| Calmar Ratio | 1.72 | 0.53 |
| Martin Ratio | 21.81 | 10.13 |
| Ulcer Index | 0.66% | 1.07% |
| Daily Std Dev | 5.08% | 5.54% |
| Max Drawdown | -20.14% | -26.00% |
| Current Drawdown | 0.00% | -11.37% |
Correlation
The correlation between NUHY and PTBD is 0.61, 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.
Performance
NUHY vs. PTBD - Performance Comparison
In the year-to-date period, NUHY achieves a 7.90% return, which is significantly higher than PTBD's 4.93% 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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NUHY vs. PTBD - Expense Ratio Comparison
NUHY has a 0.30% expense ratio, which is lower than PTBD's 0.60% expense ratio.
Risk-Adjusted Performance
NUHY vs. PTBD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen ESG High Yield Corporate Bond ETF (NUHY) and Pacer Trendpilot US Bond ETF (PTBD). 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
NUHY vs. PTBD - Dividend Comparison
NUHY's dividend yield for the trailing twelve months is around 6.62%, which matches PTBD's 6.62% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
NUHY Nuveen ESG High Yield Corporate Bond ETF | 6.62% | 6.65% | 6.36% | 4.88% | 5.11% | 1.37% |
PTBD Pacer Trendpilot US Bond ETF | 6.62% | 6.56% | 6.15% | 2.70% | 2.50% | 0.62% |
Drawdowns
NUHY vs. PTBD - Drawdown Comparison
The maximum NUHY drawdown since its inception was -20.14%, smaller than the maximum PTBD drawdown of -26.00%. Use the drawdown chart below to compare losses from any high point for NUHY and PTBD. For additional features, visit the drawdowns tool.
Volatility
NUHY vs. PTBD - Volatility Comparison
Nuveen ESG High Yield Corporate Bond ETF (NUHY) has a higher volatility of 1.13% compared to Pacer Trendpilot US Bond ETF (PTBD) at 1.06%. This indicates that NUHY's price experiences larger fluctuations and is considered to be riskier than PTBD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.