NUSB vs. EINC

Last updated Jun 24, 2026

NUSB (Nuveen Ultra Short Income ETF) and EINC (VanEck Energy Income ETF) are both exchange-traded funds - NUSB is a Ultrashort Bond fund actively managed by Nuveen, while EINC is a Energy Equities fund tracking the MVIS North America Energy Infrastructure Index. NUSB is actively managed, while EINC is passively managed. Over the past year, NUSB returned 4.22% vs 29.82% for EINC. At a 0.01 correlation, their price movements are largely independent. NUSB charges 0.17%/yr vs 0.45%/yr for EINC.

Performance

NUSB vs. EINC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen Ultra Short Income ETF (NUSB) and VanEck Energy Income ETF (EINC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NUSB achieves a 1.71% return, which is significantly lower than EINC's 25.97% return.

NUSB

• 1D: 0.02%
• 1M: 0.32%
• YTD: 1.71%
• 6M: 1.79%
• 1Y: 4.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EINC

• 1D: 1.37%
• 1M: -4.50%
• YTD: 25.97%
• 6M: 25.98%
• 1Y: 29.82%
• 3Y*: 30.36%
• 5Y*: 21.18%
• 10Y*: 12.03%

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

NUSB vs. EINC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NUSB Nuveen Ultra Short Income ETF	1.71%	4.71%	4.48%
EINC VanEck Energy Income ETF	25.97%	7.11%	34.26%

Correlation

The correlation between NUSB and EINC is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.06
Correlation (All Time) Calculated using the full available price history since Mar 6, 2024	0.01

Return for Risk

NUSB vs. EINC — Risk / Return Rank

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

NUSB

NUSB Risk / Return Rank: 100
NUSB Sharpe Ratio Rank: 100
NUSB Sortino Ratio Rank: 99
NUSB Omega Ratio Rank: 99
NUSB Calmar Ratio Rank: 100
NUSB Martin Ratio Rank: 100

EINC

EINC Risk / Return Rank: 64
EINC Sharpe Ratio Rank: 63
EINC Sortino Ratio Rank: 60
EINC Omega Ratio Rank: 60
EINC Calmar Ratio Rank: 77
EINC Martin Ratio Rank: 57

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.

NUSB vs. EINC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Ultra Short Income ETF (NUSB) and VanEck Energy Income ETF (EINC). 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.

	NUSB	EINC	Difference
Sharpe ratio: Return per unit of total volatility	11.49	1.99	+9.50
Sortino ratio: Return per unit of downside risk	30.41	2.67	+27.74
Omega ratio: Gain probability vs. loss probability	8.42	1.35	+7.08
Calmar ratio: Return relative to maximum drawdown	71.24	3.80	+67.44
Martin ratio: Return relative to average drawdown	378.49	9.63	+368.86

NUSB vs. EINC - Sharpe Ratio Comparison

The current NUSB Sharpe Ratio is 11.49, which is higher than the EINC Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of NUSB and EINC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NUSB vs. EINC - Drawdown Comparison

The maximum NUSB drawdown since its inception was -0.16%, smaller than the maximum EINC drawdown of -87.55%. Use the drawdown chart below to compare losses from any high point for NUSB and EINC.

Drawdown Indicators

	NUSB	EINC	Difference
Max Drawdown Largest peak-to-trough decline	-0.16%	-87.55%	+87.39%
Max Drawdown (1Y) Largest decline over 1 year	-0.06%	-7.89%	+7.83%
Max Drawdown (3Y) Largest decline over 3 years	—	-16.01%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.87%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-68.85%	—
Current Drawdown Current decline from peak	0.00%	-4.50%	+4.50%
Average Drawdown Average peak-to-trough decline	-0.00%	-44.15%	+44.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.01%	3.10%	-3.09%

Volatility

NUSB vs. EINC - Volatility Comparison

The current volatility for Nuveen Ultra Short Income ETF (NUSB) is 0.09%, while VanEck Energy Income ETF (EINC) has a volatility of 6.51%. This indicates that NUSB experiences smaller price fluctuations and is considered to be less risky than EINC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NUSB	EINC	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.09%	6.51%	-6.42%
Volatility (6M) Calculated over the trailing 6-month period	0.23%	11.88%	-11.65%
Volatility (1Y) Calculated over the trailing 1-year period	0.37%	15.10%	-14.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.38%	19.54%	-19.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.38%	25.43%	-25.05%

NUSB vs. EINC - Expense Ratio Comparison

NUSB has a 0.17% expense ratio, which is lower than EINC's 0.45% expense ratio.

Dividends

NUSB vs. EINC - Dividend Comparison

NUSB's dividend yield for the trailing twelve months is around 4.29%, more than EINC's 3.51% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EINC VanEck Energy Income ETF	3.51%	4.51%	3.33%	3.77%	2.89%	6.03%	6.69%	9.66%	11.31%	8.53%	9.71%	28.53%
NUSB Nuveen Ultra Short Income ETF	4.29%	4.51%	3.61%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NUSB and EINC in my portfolio?

NUSB and EINC have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NUSB or EINC?

EINC has higher volatility (6.51%) compared to NUSB (0.09%). In terms of maximum drawdown, NUSB dropped -0.16% vs EINC's -87.55%.

Which ETF is better, NUSB or EINC?

On 1-year performance, EINC leads with 29.82% vs 4.22% for NUSB. On fees, NUSB is cheaper at 0.17% per year. On volatility, NUSB has been the lower-risk option at 0.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NUSB or EINC?

Over the 1-year period, EINC has performed better with a 29.82% return vs 4.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NUSB or EINC?

NUSB is cheaper with a 0.17% expense ratio, compared with 0.45% for EINC.

Which ETF pays a higher dividend yield, NUSB or EINC?

NUSB has the higher dividend yield at 4.29%, compared with 3.51% for EINC.

What is the main difference between NUSB and EINC?

NUSB is categorized as Ultrashort Bond, while EINC is Energy Equities. They also come from different issuers: Nuveen and VanEck. Their fees differ too: 0.17% for NUSB and 0.45% for EINC.

Which has better risk-adjusted returns?

NUSB currently has the higher Sharpe Ratio (11.49 vs 1.99), 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.