NBB vs IBD

Comparison between Nuveen Taxable Municipal Income Fund (NBB, ETF) and INSPIRE CORPORATE BOND ETF (IBD, ETF).

5-Year PerformanceIBD has outperformed NBB, delivering a return of +1.1% compared to -1.1%

NBB vs IBD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NBB(ETF)	IBD(ETF)
Net Assets	$475M	$473M
Expense Ratio	N/A	0.41%
Max Drawdown	42.71%	16.54%
Sharpe Ratio	0.21	0.04
5Y Beta	0.16	0.03
5Y Dividends CAGR	1.44%	24.66%

Net Assets

Winner

NBB

$475M

IBD

$473M

Expense Ratio

NBB

N/A

IBD

0.41%

Max Drawdown

NBB

42.71%

Winner

IBD

16.54%

Sharpe Ratio

Winner

NBB

0.21

IBD

0.04

5Y Beta

NBB

0.16

Winner

IBD

0.03

5Y Dividends CAGR

NBB

1.44%

Winner

IBD

24.66%

NBB vs IBD - Historical Returns

Returns include dividend reinvestment.

Period	NBB	IBD
1 month	-0.16%	+0.40%
3 months	-0.97%	+0.01%
6 months	+1.75%	+0.30%
1 year	+5.47%	+3.34%
5 years(CAGR)	-1.05%	+1.13%
10 years(CAGR)	+2.62%	+2.06%
Max(CAGR)	+5.05%	+2.06%

NBB

-0.16%

Winner

IBD

+0.40%

NBB

-0.97%

Winner

IBD

+0.01%

Winner

NBB

+1.75%

IBD

+0.30%

Winner

NBB

+5.47%

IBD

+3.34%

5Y(CAGR)

NBB

-1.05%

Winner

IBD

+1.13%

10Y(CAGR)

Winner

NBB

+2.62%

IBD

+2.06%

Max(CAGR)

Winner

NBB

+5.05%

IBD

+2.06%

NBB vs IBD - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	NBB	IBD
2026	+1.39%	+0.06%
2025	+12.97%	+7.60%
2024	+1.78%	+3.84%
2023	+7.51%	+6.24%
2022	-24.19%	-8.59%
2021	+2.06%	-1.80%
2020	+13.82%	+4.68%
2019	+18.82%	+7.70%
2018	-6.08%	-0.92%
2017	+12.97%	+1.32%
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 IBD 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 IBD was -16.30%, occurring on Mar 19, 2020. Recovery took 69 trading sessions.

The current NBB drawdown is -7.47%. The current IBD drawdown is -0.76%.

Rank	NBB	IBD
#1	-33.51% Sep 15, 2021 - Oct 19, 2023	-16.30% Mar 3, 2020 - Jun 10, 2020
#2	-27.83% Feb 21, 2020 - Aug 6, 2020	-14.75% Aug 3, 2021 - Mar 3, 2025
#3	-16.99% May 1, 2013 - May 29, 2014	-4.35% Jan 9, 2018 - Mar 8, 2019
#4	-12.58% Oct 13, 2010 - Aug 3, 2011	-2.64% Dec 30, 2020 - Jul 19, 2021
#5	-12.45% Sep 6, 2016 - Aug 31, 2017	-2.55% Apr 4, 2025 - Jun 4, 2025
#6	-10.51% Jan 4, 2018 - Mar 25, 2019	-2.15% Feb 23, 2026 - Mar 26, 2026
#7	-9.87% Feb 2, 2015 - Jan 15, 2016	-1.92% Dec 26, 2017 - Jan 9, 2018
#8	-8.79% Jan 27, 2021 - Jul 8, 2021	-1.91% Dec 20, 2017 - Dec 26, 2017
#9	-7.38% Feb 8, 2012 - May 30, 2012	-1.54% Aug 29, 2019 - Oct 4, 2019
#10	-5.80% Sep 3, 2019 - Jan 15, 2020	-1.34% Mar 4, 2025 - Apr 3, 2025
#11	-5.77% Aug 1, 2012 - Nov 8, 2012	-1.27% Oct 22, 2025 - Nov 25, 2025
#12	-5.39% Aug 7, 2020 - Dec 2, 2020	-1.22% Jun 16, 2020 - Jul 20, 2020
#13	-3.81% Nov 12, 2012 - Jan 11, 2013	-1.19% Sep 7, 2017 - Dec 20, 2017
#14	-3.74% Oct 16, 2017 - Dec 6, 2017	-1.17% Aug 6, 2020 - Nov 23, 2020
#15	-3.33% Aug 29, 2014 - Oct 15, 2014	-1.12% Aug 1, 2017 - Sep 7, 2017

Correlation

Correlation between NBB and IBD is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (2010 - 2026)

NBB vs IBD dividend yield comparison.

Year	NBB	IBD
2026	4.41%	2.03%
2025	7.33%	4.17%
2024	6.96%	4.18%
2023	8.33%	3.39%
2022	7.86%	1.75%
2021	5.50%	1.36%
2020	4.67%	1.63%
2019	5.54%	2.47%
2018	6.38%	2.06%
2017	5.62%	0.82%
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%