FPAG vs NBB

Comparison between FPA GLOBAL EQUITY ETF (FPAG, ETF) and Nuveen Taxable Municipal Income Fund (NBB, ETF).

FPAG vs NBB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FPAG(ETF)	NBB(ETF)
Net Assets	$473M	$474M
Expense Ratio	0.49%	N/A
Max Drawdown	29.10%	42.71%
Sharpe Ratio	1.21	0.46
5Y Beta	0.93	0.16
P/E Ratio	21.16	N/A
Forward P/E	15.95	N/A
PEG Ratio	0.50	N/A
5Y Dividends CAGR	N/A	1.84%
5Y EPS CAGR	12.84%	N/A
Debt to Equity	84.85%	N/A
P/S Ratio	1.86	N/A
P/B Ratio	2.39	N/A

Net Assets

FPAG

$473M

Winner

NBB

$474M

Expense Ratio

FPAG

0.49%

NBB

N/A

Max Drawdown

Winner

FPAG

29.10%

NBB

42.71%

Sharpe Ratio

Winner

FPAG

1.21

NBB

0.46

5Y Beta

FPAG

0.93

Winner

NBB

0.16

P/E Ratio

FPAG

21.16

NBB

N/A

Forward P/E

FPAG

15.95

NBB

N/A

PEG Ratio

FPAG

0.50

NBB

N/A

5Y Dividends CAGR

FPAG

N/A

NBB

1.84%

5Y EPS CAGR

FPAG

12.84%

NBB

N/A

Debt to Equity

FPAG

84.85%

NBB

N/A

P/S Ratio

FPAG

1.86

NBB

N/A

P/B Ratio

FPAG

2.39

NBB

N/A

FPAG vs NBB - Historical Returns

Returns include dividend reinvestment.

Period	FPAG	NBB
1 month	+2.09%	-0.27%
3 months	+4.47%	-0.79%
6 months	+6.66%	+0.53%
1 year	+22.95%	+7.82%
5 years(CAGR)	+12.45%	-0.34%
10 years(CAGR)	N/A	+2.86%
Max(CAGR)	+12.45%	+5.16%

Winner

FPAG

+2.09%

NBB

-0.27%

Winner

FPAG

+4.47%

NBB

-0.79%

Winner

FPAG

+6.66%

NBB

+0.53%

Winner

FPAG

+22.95%

NBB

+7.82%

5Y(CAGR)

Winner

FPAG

+12.45%

NBB

-0.34%

10Y(CAGR)

FPAG

N/A

NBB

+2.86%

Max(CAGR)

Winner

FPAG

+12.45%

NBB

+5.16%

FPAG vs NBB - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	FPAG	NBB
2026	+5.50%	+2.37%
2025	+25.54%	+12.97%
2024	+17.02%	+1.78%
2023	+28.81%	+7.51%
2022	-18.45%	-24.19%
2021	+2.93%	+2.06%
2020	N/A	+13.82%
2019	N/A	+18.82%
2018	N/A	-6.08%
2017	N/A	+12.97%
2016	N/A	+8.81%
2015	N/A	+1.49%
2014	N/A	+22.93%
2013	N/A	-6.71%
2012	N/A	+7.88%
2011	N/A	+18.84%
2010	N/A	-4.27%

FPAG vs NBB Drawdown Comparison

The maximum drawdown for FPAG was -28.44%, occurring on Oct 11, 2022. Recovery took 386 trading sessions.

The maximum drawdown for NBB was -33.51%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The current FPAG drawdown is -2.35%. The current NBB drawdown is -6.58%.

Rank	FPAG	NBB
#1	-28.44% Jan 12, 2022 - Jul 28, 2023	-33.51% Sep 15, 2021 - Oct 19, 2023
#2	-18.05% Feb 18, 2025 - Jun 4, 2025	-27.83% Feb 21, 2020 - Aug 6, 2020
#3	-12.14% Feb 20, 2026 - May 28, 2026	-16.99% May 1, 2013 - May 29, 2014
#4	-11.85% Jul 28, 2023 - Dec 11, 2023	-12.58% Oct 13, 2010 - Aug 3, 2011
#5	-8.24% Jul 16, 2024 - Sep 26, 2024	-12.45% Sep 6, 2016 - Aug 31, 2017
#6	-5.36% Oct 27, 2025 - Nov 28, 2025	-10.51% Jan 4, 2018 - Mar 25, 2019
#7	-4.85% Jul 23, 2025 - Aug 22, 2025	-9.87% Feb 2, 2015 - Jan 15, 2016
#8	-4.73% Mar 28, 2024 - May 8, 2024	-8.79% Jan 27, 2021 - Jul 8, 2021
#9	-4.48% Dec 6, 2024 - Jan 21, 2025	-7.38% Feb 8, 2012 - May 30, 2012
#10	-4.38% Feb 7, 2024 - Mar 7, 2024	-5.80% Sep 3, 2019 - Jan 15, 2020
#11	-3.91% Dec 28, 2023 - Jan 25, 2024	-5.77% Aug 1, 2012 - Nov 8, 2012
#12	-3.84% Sep 18, 2025 - Oct 20, 2025	-5.39% Aug 7, 2020 - Dec 2, 2020
#13	-3.63% Nov 7, 2024 - Dec 6, 2024	-3.81% Nov 12, 2012 - Jan 11, 2013
#14	-2.35% Jun 4, 2026 - Jun 5, 2026	-3.74% Oct 16, 2017 - Dec 6, 2017
#15	-2.08% Jan 4, 2022 - Jan 12, 2022	-3.33% Aug 29, 2014 - Oct 15, 2014

Correlation

Correlation between FPAG and NBB is 0.74 which considered as a strong positive correlation - the stocks tend to move together.

0.74

-101

Dividend Comparison (2010 - 2026)

FPAG vs NBB dividend yield comparison.

Year	FPAG	NBB
2026	0.00%	3.08%
2025	1.99%	7.33%
2024	1.42%	6.96%
2023	1.51%	8.33%
2022	1.22%	7.86%
2021	0.00%	5.50%
2020	0.00%	4.67%
2019	0.00%	5.54%
2018	0.00%	6.38%
2017	0.00%	5.62%
2016	0.00%	6.35%
2015	0.00%	6.79%
2014	0.00%	6.57%
2013	0.00%	7.53%
2012	0.00%	6.24%
2011	0.00%	6.84%
2010	0.00%	4.46%