NUSA vs. AGG
NUSA (Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF) and AGG (iShares Core U.S. Aggregate Bond ETF) are both exchange-traded funds - NUSA is a Short-Term Bond fund tracking the ICE BofA Enhanced Yield US Broad Bond (1-5 Y), while AGG is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Bond Index. Both are passively managed. Over the past 5 years, NUSA returned 1.53%/yr vs 0.13%/yr for AGG. A 0.69 correlation means they provide meaningful diversification when combined. NUSA charges 0.15%/yr vs 0.03%/yr for AGG.
Performance
NUSA vs. AGG - Performance Comparison
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Returns By Period
In the year-to-date period, NUSA achieves a 0.48% return, which is significantly higher than AGG's 0.42% return.
NUSA
- 1D
- 0.09%
- 1M
- 0.22%
- YTD
- 0.48%
- 6M
- 0.72%
- 1Y
- 3.56%
- 3Y*
- 4.37%
- 5Y*
- 1.53%
- 10Y*
- —
AGG
- 1D
- 0.16%
- 1M
- 0.22%
- YTD
- 0.42%
- 6M
- 0.49%
- 1Y
- 4.69%
- 3Y*
- 4.01%
- 5Y*
- 0.13%
- 10Y*
- 1.60%
NUSA vs. AGG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NUSA Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF | 0.48% | 5.89% | 3.52% | 5.19% | -5.91% | -1.04% | 4.85% | 5.62% | 1.40% | 1.00% |
AGG iShares Core U.S. Aggregate Bond ETF | 0.42% | 7.19% | 1.31% | 5.65% | -13.02% | -1.77% | 7.48% | 8.46% | 0.09% | 2.35% |
Correlation
The correlation between NUSA and AGG is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 2017 | 0.69 |
The correlation between NUSA and AGG shifts across timeframes, from 0.69 (all time) to 0.83 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
NUSA vs. AGG — Risk / Return Rank
NUSA
AGG
NUSA vs. AGG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF (NUSA) 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.
| NUSA | AGG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.22 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.79 | 1.70 | +1.09 |
| Martin ratioReturn relative to average drawdown | 9.89 | 5.21 | +4.68 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NUSA | AGG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.98 | 1.24 | +0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.02 | +0.53 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.30 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.59 | +0.22 |
Drawdowns
NUSA vs. AGG - Drawdown Comparison
The maximum NUSA drawdown since its inception was -9.44%, smaller than the maximum AGG drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for NUSA and AGG.
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Drawdown Indicators
| NUSA | AGG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.44% | -18.43% | +8.99% |
Max Drawdown (1Y)Largest decline over 1 year | -1.28% | -2.76% | +1.48% |
Max Drawdown (3Y)Largest decline over 3 years | -1.62% | -6.11% | +4.49% |
Max Drawdown (5Y)Largest decline over 5 years | -9.44% | -17.82% | +8.38% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.43% | — |
Current DrawdownCurrent decline from peak | -0.46% | -1.98% | +1.52% |
Average DrawdownAverage peak-to-trough decline | -1.65% | -2.71% | +1.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.36% | 0.90% | -0.54% |
Volatility
NUSA vs. AGG - Volatility Comparison
The current volatility for Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF (NUSA) is 0.66%, while iShares Core U.S. Aggregate Bond ETF (AGG) has a volatility of 1.29%. This indicates that NUSA experiences smaller price fluctuations and is considered to be less risky than AGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NUSA | AGG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.66% | 1.29% | -0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 1.33% | 2.74% | -1.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.82% | 3.85% | -2.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.80% | 6.09% | -3.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.72% | 5.40% | -2.68% |
NUSA vs. AGG - Expense Ratio Comparison
NUSA has a 0.15% expense ratio, which is higher than AGG's 0.03% 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%.
Dividends
NUSA vs. AGG - Dividend Comparison
NUSA's dividend yield for the trailing twelve months is around 3.86%, less than AGG's 3.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGG iShares Core U.S. Aggregate Bond ETF | 3.98% | 3.89% | 3.74% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.72% | 2.32% | 2.39% | 2.45% |
NUSA Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF | 3.86% | 3.83% | 3.93% | 3.54% | 2.44% | 2.16% | 2.51% | 2.85% | 3.22% | 2.20% | 0.00% | 0.00% |
Frequently Asked Questions
NUSA and AGG have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AGG has higher volatility (1.29%) compared to NUSA (0.66%). In terms of maximum drawdown, NUSA dropped -9.44% vs AGG's -18.43%.
On 5-year performance, NUSA leads with 1.53% vs 0.13% for AGG. On fees, AGG is cheaper at 0.03% per year. On volatility, NUSA has been the lower-risk option at 0.66%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, NUSA has performed better with a 1.53% return vs 0.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AGG is cheaper with a 0.03% expense ratio, compared with 0.15% for NUSA.
AGG has the higher dividend yield at 3.98%, compared with 3.86% for NUSA.
NUSA is categorized as Short-Term Bond, while AGG is Total Bond Market. NUSA tracks ICE BofA Enhanced Yield US Broad Bond (1-5 Y), while AGG tracks Bloomberg U.S. Aggregate Bond Index. They also come from different issuers: Nuveen and iShares. Their fees differ too: 0.15% for NUSA and 0.03% for AGG.
NUSA currently has the higher Sharpe Ratio (1.98 vs 1.24), 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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