SHAG vs. NUSA

Last updated Apr 2, 2026

Compare and contrast key facts about WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF (SHAG) and Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF (NUSA).

SHAG and NUSA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SHAG is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg U.S. Short Aggregate Enhanced Yield Index. It was launched on May 18, 2017. NUSA is a passively managed fund by Nuveen that tracks the performance of the ICE BofA Enhanced Yield US Broad Bond (1-5 Y). It was launched on Mar 31, 2017. Both SHAG and NUSA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

SHAG vs. NUSA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF (SHAG) and Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF (NUSA). The values are adjusted to include any dividend payments, if applicable.

SHAG vs. NUSA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SHAG WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF	0.10%	6.27%	4.30%	4.61%	-6.37%	-0.91%	4.70%	5.79%	0.80%	-0.11%
NUSA Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF	0.18%	5.89%	3.52%	5.19%	-5.91%	-1.04%	4.85%	5.62%	1.40%	-0.26%

Returns By Period

In the year-to-date period, SHAG achieves a 0.10% return, which is significantly lower than NUSA's 0.18% return.

SHAG

• 1D: -0.04%
• 1M: -0.73%
• YTD: 0.10%
• 6M: 1.11%
• 1Y: 4.28%
• 3Y*: 4.53%
• 5Y*: 1.63%
• 10Y*: —

NUSA

• 1D: -0.07%
• 1M: -0.59%
• YTD: 0.18%
• 6M: 1.07%
• 1Y: 3.87%
• 3Y*: 4.29%
• 5Y*: 1.59%
• 10Y*: —

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

SHAG vs. NUSA - Expense Ratio Comparison

SHAG has a 0.12% expense ratio, which is lower than NUSA's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

NUSA

Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF

SHAG

WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF

Return for Risk

SHAG vs. NUSA — Risk / Return Rank

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

SHAG

SHAG Risk / Return Rank: 90
SHAG Sharpe Ratio Rank: 88
SHAG Sortino Ratio Rank: 94
SHAG Omega Ratio Rank: 91
SHAG Calmar Ratio Rank: 88
SHAG Martin Ratio Rank: 89

NUSA

NUSA Risk / Return Rank: 90
NUSA Sharpe Ratio Rank: 89
NUSA Sortino Ratio Rank: 94
NUSA Omega Ratio Rank: 89
NUSA Calmar Ratio Rank: 88
NUSA Martin Ratio Rank: 88

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.

SHAG vs. NUSA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF (SHAG) and Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF (NUSA). 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.

	SHAG	NUSA	Difference
Sharpe ratio Return per unit of total volatility	1.95	1.99	-0.04
Sortino ratio Return per unit of downside risk	3.00	3.06	-0.06
Omega ratio Gain probability vs. loss probability	1.40	1.39	+0.02
Calmar ratio Return relative to maximum drawdown	3.14	3.01	+0.13
Martin ratio Return relative to average drawdown	12.27	11.54	+0.73
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SHAG vs. NUSA - Sharpe Ratio Comparison

The current SHAG Sharpe Ratio is 1.95, which is comparable to the NUSA Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of SHAG and NUSA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SHAG	NUSA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.95	1.99	-0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	0.57	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	0.82	+0.01

Correlation

The correlation between SHAG and NUSA is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

SHAG vs. NUSA - Dividend Comparison

SHAG's dividend yield for the trailing twelve months is around 4.35%, more than NUSA's 3.82% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
SHAG WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF	4.35%	4.33%	4.49%	3.04%	1.38%	0.92%	2.33%	2.71%	2.56%	0.77%
NUSA Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF	3.82%	3.83%	3.93%	3.54%	2.44%	2.16%	2.51%	2.85%	3.22%	2.20%

Drawdowns

SHAG vs. NUSA - Drawdown Comparison

The maximum SHAG drawdown since its inception was -9.62%, roughly equal to the maximum NUSA drawdown of -9.44%. Use the drawdown chart below to compare losses from any high point for SHAG and NUSA.

Drawdown Indicators

	SHAG	NUSA	Difference
Max Drawdown Largest peak-to-trough decline	-9.62%	-9.44%	-0.18%
Max Drawdown (1Y) Largest decline over 1 year	-1.38%	-1.28%	-0.10%
Max Drawdown (5Y) Largest decline over 5 years	-9.62%	-9.44%	-0.18%
Current Drawdown Current decline from peak	-0.91%	-0.76%	-0.15%
Average Drawdown Average peak-to-trough decline	-1.90%	-1.67%	-0.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.35%	0.33%	+0.02%

Volatility

SHAG vs. NUSA - Volatility Comparison

WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond ETF (SHAG) and Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF (NUSA) have volatilities of 0.84% and 0.80%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SHAG	NUSA	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.84%	0.80%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	1.19%	1.19%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	2.21%	1.95%	+0.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.73%	2.78%	-0.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.59%	2.74%	-0.15%