GBF vs NIM

Comparison between ISHARES GOVERNMENT/CREDIT BOND ETF (GBF, ETF) and Nuveen Select Maturities Municipal Fund (NIM, ETF).

5-Year PerformanceNIM has outperformed GBF, delivering a return of +0.5% compared to -0.7%

GBF vs NIM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GBF(ETF)	NIM(ETF)
Net Assets	$125M	$124M
Expense Ratio	0.20%	N/A
Max Drawdown	23.43%	28.57%
Sharpe Ratio	-0.31	0.39
5Y Beta	0.03	0.14
5Y Dividends CAGR	19.07%	1.03%

Net Assets

Winner

GBF

$125M

NIM

$124M

Expense Ratio

GBF

0.20%

NIM

N/A

Max Drawdown

Winner

GBF

23.43%

NIM

28.57%

Sharpe Ratio

GBF

-0.31

Winner

NIM

0.39

5Y Beta

Winner

GBF

0.03

NIM

0.14

5Y Dividends CAGR

Winner

GBF

19.07%

NIM

1.03%

GBF vs NIM - Historical Returns

Returns include dividend reinvestment.

Period	GBF	NIM
1 month	-1.08%	+1.22%
3 months	-1.17%	+0.78%
6 months	-0.95%	+2.62%
1 year	+2.32%	+8.13%
5 years(CAGR)	-0.75%	+0.48%
10 years(CAGR)	+1.23%	+1.90%
Max(CAGR)	+2.96%	+3.55%

GBF

-1.08%

Winner

NIM

+1.22%

GBF

-1.17%

Winner

NIM

+0.78%

GBF

-0.95%

Winner

NIM

+2.62%

GBF

+2.32%

Winner

NIM

+8.13%

5Y(CAGR)

GBF

-0.75%

Winner

NIM

+0.48%

10Y(CAGR)

GBF

+1.23%

Winner

NIM

+1.90%

Max(CAGR)

GBF

+2.96%

Winner

NIM

+3.55%

GBF vs NIM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	GBF	NIM
2026	-0.72%	+3.27%
2025	+6.30%	+10.61%
2024	+1.42%	+2.15%
2023	+5.13%	+0.18%
2022	-13.13%	-12.38%
2021	-2.07%	+3.96%
2020	+8.44%	+4.94%
2019	+9.34%	+12.36%
2018	-0.15%	-0.58%
2017	+3.83%	+4.57%
2016	+2.25%	-1.60%
2015	-0.28%	-0.11%
2014	+6.05%	+14.08%
2013	-2.09%	-6.81%
2012	+4.13%	+0.95%
2011	+9.44%	+12.38%
2010	+5.44%	-0.53%
2009	+3.45%	+13.76%
2008	+6.81%	+6.10%
2007	+6.69%	-1.79%
2006	N/A	+8.94%
2005	N/A	+7.36%
2004	N/A	+3.05%
2003	N/A	+2.41%
2002	N/A	-1.91%
2001	N/A	+4.88%
2000	N/A	+10.49%
1999	N/A	-8.48%

GBF vs NIM Drawdown Comparison

The maximum drawdown for GBF was -19.67%, occurring on Oct 24, 2022. This drawdown has not yet recovered.

The maximum drawdown for NIM was -19.96%, occurring on Oct 3, 2023. Recovery took 1054 trading sessions.

The current GBF drawdown is -5.66%. The current NIM drawdown is -3.73%.

Rank	GBF	NIM
#1	-19.67% Aug 4, 2020 - Oct 24, 2022	-19.96% Nov 18, 2021 - Feb 3, 2026
#2	-8.75% Sep 9, 2008 - Dec 2, 2008	-16.23% Feb 5, 2020 - Aug 13, 2020
#3	-7.97% Mar 9, 2020 - Jun 26, 2020	-16.21% Dec 3, 2012 - Sep 18, 2014
#4	-6.12% May 2, 2013 - Jul 23, 2014	-15.01% Jun 4, 2008 - Jan 9, 2009
#5	-5.85% Dec 29, 2008 - Jul 31, 2009	-14.42% Nov 3, 2010 - Nov 7, 2011
#6	-5.20% Jul 8, 2016 - Sep 5, 2017	-14.17% Nov 9, 2001 - Feb 22, 2005
#7	-4.35% Oct 6, 2010 - Jun 1, 2011	-12.13% Aug 1, 2016 - Apr 10, 2019
#8	-3.90% Sep 7, 2017 - Feb 7, 2019	-9.68% Nov 1, 1999 - Mar 30, 2000
#9	-3.73% Jan 30, 2015 - Feb 11, 2016	-8.81% Mar 2, 2012 - Sep 12, 2012
#10	-2.81% Apr 9, 2008 - Sep 4, 2008	-8.60% Jan 29, 2015 - Apr 1, 2016
#11	-2.75% May 7, 2007 - Aug 16, 2007	-7.95% Oct 3, 2005 - Jun 1, 2006
#12	-2.58% Sep 4, 2019 - Jan 23, 2020	-7.22% Feb 28, 2007 - Jan 14, 2008
#13	-2.00% Nov 12, 2012 - Apr 15, 2013	-6.67% Mar 16, 2026 - May 19, 2026
#14	-1.98% Jul 24, 2012 - Nov 7, 2012	-6.42% Jun 2, 2000 - Dec 19, 2000
#15	-1.86% Nov 30, 2009 - Mar 2, 2010	-6.42% Aug 13, 2001 - Oct 31, 2001

Correlation

Correlation between GBF and NIM is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2000 - 2026)

GBF vs NIM dividend yield comparison.

Year	GBF	NIM
2026	1.91%	2.16%
2025	3.81%	3.61%
2024	3.94%	4.10%
2023	3.03%	3.49%
2022	2.13%	2.88%
2021	1.22%	2.69%
2020	1.64%	3.42%
2019	2.64%	3.03%
2018	2.59%	3.27%
2017	2.31%	3.15%
2016	2.09%	3.23%
2015	2.04%	3.27%
2014	2.08%	3.21%
2013	2.37%	3.60%
2012	2.53%	3.67%
2011	3.03%	3.86%
2010	3.19%	4.21%
2009	3.56%	4.08%
2008	4.17%	4.65%
2007	4.67%	4.76%
2006	0.00%	4.78%
2005	0.00%	4.95%
2004	0.00%	5.10%
2003	0.00%	5.39%
2002	0.00%	5.57%
2001	0.00%	6.25%
2000	0.00%	2.50%