Correlation
The correlation between NUSB and XBIL is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
NUSB vs. XBIL
Compare and contrast key facts about Nuveen Ultra Short Income ETF (NUSB) and US Treasury 6 Month Bill ETF (XBIL).
NUSB and XBIL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NUSB is an actively managed fund by Nuveen. It was launched on Mar 5, 2024. XBIL is a passively managed fund by US Benchmark Series that tracks the performance of the ICE BofA US 6-Month Treasury Bill Index - Benchmark TR Gross. It was launched on Mar 6, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NUSB or XBIL.
Performance
NUSB vs. XBIL - Performance Comparison
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Key characteristics
NUSB:
13.04
XBIL:
12.97
NUSB:
40.56
XBIL:
45.13
NUSB:
11.11
XBIL:
10.20
NUSB:
33.46
XBIL:
69.24
NUSB:
261.44
XBIL:
582.44
NUSB:
0.02%
XBIL:
0.01%
NUSB:
0.41%
XBIL:
0.38%
NUSB:
-0.16%
XBIL:
-0.08%
NUSB:
0.00%
XBIL:
0.00%
Returns By Period
In the year-to-date period, NUSB achieves a 1.88% return, which is significantly higher than XBIL's 1.64% return.
NUSB
1.88%
0.38%
2.33%
5.17%
N/A
N/A
N/A
XBIL
1.64%
0.28%
2.09%
4.79%
N/A
N/A
N/A
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NUSB vs. XBIL - Expense Ratio Comparison
NUSB has a 0.17% expense ratio, which is higher than XBIL's 0.15% 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%.
Risk-Adjusted Performance
NUSB vs. XBIL — Risk-Adjusted Performance Rank
NUSB
XBIL
NUSB vs. XBIL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Ultra Short Income ETF (NUSB) and US Treasury 6 Month Bill ETF (XBIL). 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.
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Dividends
NUSB vs. XBIL - Dividend Comparison
NUSB's dividend yield for the trailing twelve months is around 4.38%, less than XBIL's 4.56% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
NUSB Nuveen Ultra Short Income ETF | 4.38% | 3.61% | 0.00% |
XBIL US Treasury 6 Month Bill ETF | 4.56% | 4.89% | 4.30% |
Drawdowns
NUSB vs. XBIL - Drawdown Comparison
The maximum NUSB drawdown since its inception was -0.16%, which is greater than XBIL's maximum drawdown of -0.08%. Use the drawdown chart below to compare losses from any high point for NUSB and XBIL.
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Volatility
NUSB vs. XBIL - Volatility Comparison
Nuveen Ultra Short Income ETF (NUSB) has a higher volatility of 0.16% compared to US Treasury 6 Month Bill ETF (XBIL) at 0.08%. This indicates that NUSB's price experiences larger fluctuations and is considered to be riskier than XBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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