NBB vs BGRN

Comparison between Nuveen Taxable Municipal Income Fund (NBB, ETF) and ISHARES USD GREEN BOND ETF (BGRN, ETF).

5-Year PerformanceBGRN has outperformed NBB, delivering a return of +0.5% compared to -0.5%

NBB vs BGRN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NBB(ETF)	BGRN(ETF)
Net Assets	$475M	$477M
Expense Ratio	N/A	0.20%
Max Drawdown	42.71%	21.52%
Sharpe Ratio	0.49	0.37
5Y Beta	0.16	0.07
5Y Dividends CAGR	1.84%	39.66%

Net Assets

NBB

$475M

Winner

BGRN

$477M

Expense Ratio

NBB

N/A

BGRN

0.20%

Max Drawdown

NBB

42.71%

Winner

BGRN

21.52%

Sharpe Ratio

Winner

NBB

0.49

BGRN

0.37

5Y Beta

NBB

0.16

Winner

BGRN

0.07

5Y Dividends CAGR

NBB

1.84%

Winner

BGRN

39.66%

NBB vs BGRN - Historical Returns

Returns include dividend reinvestment.

Period	NBB	BGRN
1 month	-0.52%	+0.50%
3 months	+3.11%	+1.02%
6 months	+1.39%	+0.99%
1 year	+8.36%	+4.75%
5 years(CAGR)	-0.54%	+0.46%
10 years(CAGR)	+2.81%	N/A
Max(CAGR)	+5.20%	+2.27%

NBB

-0.52%

Winner

BGRN

+0.50%

Winner

NBB

+3.11%

BGRN

+1.02%

Winner

NBB

+1.39%

BGRN

+0.99%

Winner

NBB

+8.36%

BGRN

+4.75%

5Y(CAGR)

NBB

-0.54%

Winner

BGRN

+0.46%

10Y(CAGR)

NBB

+2.81%

BGRN

N/A

Max(CAGR)

Winner

NBB

+5.20%

BGRN

+2.27%

NBB vs BGRN - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	NBB	BGRN
2026	+3.09%	+0.75%
2025	+12.97%	+7.28%
2024	+1.78%	+3.27%
2023	+7.51%	+6.13%
2022	-24.19%	-12.53%
2021	+2.06%	-2.90%
2020	+13.82%	+6.48%
2019	+18.82%	+9.71%
2018	-6.08%	+1.14%
2017	+12.97%	N/A
2016	+8.81%	N/A
2015	+1.49%	N/A
2014	+22.93%	N/A
2013	-6.71%	N/A
2012	+7.88%	N/A
2011	+18.84%	N/A
2010	-4.27%	N/A

NBB vs BGRN Drawdown Comparison

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

The maximum drawdown for BGRN was -19.16%, occurring on Oct 20, 2022. Recovery took 1298 trading sessions.

The current NBB drawdown is -5.92%. The current BGRN drawdown is -0.60%.

Rank	NBB	BGRN
#1	-33.51% Sep 15, 2021 - Oct 19, 2023	-19.16% Dec 11, 2020 - Feb 13, 2026
#2	-27.83% Feb 21, 2020 - Aug 6, 2020	-6.56% Mar 9, 2020 - Jul 21, 2020
#3	-16.99% May 1, 2013 - May 29, 2014	-2.23% Feb 27, 2026 - Mar 27, 2026
#4	-12.58% Oct 13, 2010 - Aug 3, 2011	-2.22% Aug 28, 2019 - Jan 30, 2020
#5	-12.45% Sep 6, 2016 - Aug 31, 2017	-0.93% Aug 4, 2020 - Sep 21, 2020
#6	-10.51% Jan 4, 2018 - Mar 25, 2019	-0.86% Jul 3, 2019 - Jul 19, 2019
#7	-9.87% Feb 2, 2015 - Jan 15, 2016	-0.84% Nov 5, 2020 - Nov 19, 2020
#8	-8.79% Jan 27, 2021 - Jul 8, 2021	-0.62% Aug 15, 2019 - Aug 28, 2019
#9	-7.38% Feb 8, 2012 - May 30, 2012	-0.57% Nov 20, 2020 - Dec 8, 2020
#10	-5.80% Sep 3, 2019 - Jan 15, 2020	-0.52% Jan 31, 2020 - Feb 18, 2020
#11	-5.77% Aug 1, 2012 - Nov 8, 2012	-0.48% Mar 28, 2019 - Apr 24, 2019
#12	-5.39% Aug 7, 2020 - Dec 2, 2020	-0.36% Sep 21, 2020 - Sep 29, 2020
#13	-3.81% Nov 12, 2012 - Jan 11, 2013	-0.36% Jun 7, 2019 - Jun 14, 2019
#14	-3.74% Oct 16, 2017 - Dec 6, 2017	-0.35% Feb 22, 2019 - Mar 6, 2019
#15	-3.33% Aug 29, 2014 - Oct 15, 2014	-0.34% Oct 15, 2020 - Oct 27, 2020

Correlation

Correlation between NBB and BGRN is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2010 - 2026)

NBB vs BGRN dividend yield comparison.

Year	NBB	BGRN
2026	3.06%	1.79%
2025	7.33%	4.21%
2024	6.96%	4.07%
2023	8.33%	3.52%
2022	7.86%	2.66%
2021	5.50%	0.78%
2020	4.67%	1.82%
2019	5.54%	3.66%
2018	6.38%	0.21%
2017	5.62%	0.00%
2016	6.35%	0.00%
2015	6.79%	0.00%
2014	6.57%	0.00%
2013	7.53%	0.00%
2012	6.24%	0.00%
2011	6.84%	0.00%
2010	4.46%	0.00%