NBB vs FPAG

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

NBB vs FPAG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

NBB

$474M

FPAG

$473M

Expense Ratio

NBB

N/A

FPAG

0.49%

Max Drawdown

NBB

42.71%

Winner

FPAG

29.10%

Sharpe Ratio

NBB

0.46

Winner

FPAG

1.21

5Y Beta

Winner

NBB

0.16

FPAG

0.93

P/E Ratio

NBB

N/A

FPAG

21.16

Forward P/E

NBB

N/A

FPAG

15.95

PEG Ratio

NBB

N/A

FPAG

0.50

5Y Dividends CAGR

NBB

1.84%

FPAG

N/A

5Y EPS CAGR

NBB

N/A

FPAG

12.84%

Debt to Equity

NBB

N/A

FPAG

84.85%

P/S Ratio

NBB

N/A

FPAG

1.86

P/B Ratio

NBB

N/A

FPAG

2.39

NBB vs FPAG - Historical Returns

Returns include dividend reinvestment.

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

NBB

-0.27%

Winner

FPAG

+2.09%

NBB

-0.79%

Winner

FPAG

+4.47%

NBB

+0.53%

Winner

FPAG

+6.66%

NBB

+7.82%

Winner

FPAG

+22.95%

5Y(CAGR)

NBB

-0.34%

Winner

FPAG

+12.45%

10Y(CAGR)

NBB

+2.86%

FPAG

N/A

Max(CAGR)

NBB

+5.16%

Winner

FPAG

+12.45%

NBB vs FPAG - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	NBB	FPAG
2026	+2.37%	+5.50%
2025	+12.97%	+25.54%
2024	+1.78%	+17.02%
2023	+7.51%	+28.81%
2022	-24.19%	-18.45%
2021	+2.06%	+2.93%
2020	+13.82%	N/A
2019	+18.82%	N/A
2018	-6.08%	N/A
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 FPAG 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 FPAG was -28.44%, occurring on Oct 11, 2022. Recovery took 386 trading sessions.

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

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

Correlation

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

0.74

-101

Dividend Comparison (2010 - 2026)

NBB vs FPAG dividend yield comparison.

Year	NBB	FPAG
2026	3.08%	0.00%
2025	7.33%	1.99%
2024	6.96%	1.42%
2023	8.33%	1.51%
2022	7.86%	1.22%
2021	5.50%	0.00%
2020	4.67%	0.00%
2019	5.54%	0.00%
2018	6.38%	0.00%
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%