NBB vs JPME

Comparison between Nuveen Taxable Municipal Income Fund (NBB, ETF) and JPMORGAN DIVERSIFIED RETURN U.S. MID CAP EQUITY ETF (JPME, ETF).

5-Year PerformanceJPME has outperformed NBB, delivering a return of +9.0% compared to -1.1%

NBB vs JPME - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NBB(ETF)	JPME(ETF)
Net Assets	$464M	$465M
Expense Ratio	N/A	0.24%
Max Drawdown	42.71%	41.01%
Sharpe Ratio	0.02	1.36
5Y Beta	0.16	0.72
P/E Ratio	N/A	20.15
Forward P/E	N/A	14.72
PEG Ratio	N/A	0.19
5Y Dividends CAGR	1.16%	14.20%
5Y EPS CAGR	N/A	9.91%
Debt to Equity	N/A	163.59%
P/S Ratio	N/A	1.40
P/B Ratio	N/A	2.35

Net Assets

NBB

$464M

Winner

JPME

$465M

Expense Ratio

NBB

N/A

JPME

0.24%

Max Drawdown

NBB

42.71%

Winner

JPME

41.01%

Sharpe Ratio

NBB

0.02

Winner

JPME

1.36

5Y Beta

Winner

NBB

0.16

JPME

0.72

P/E Ratio

NBB

N/A

JPME

20.15

Forward P/E

NBB

N/A

JPME

14.72

PEG Ratio

NBB

N/A

JPME

0.19

5Y Dividends CAGR

NBB

1.16%

Winner

JPME

14.20%

5Y EPS CAGR

NBB

N/A

JPME

9.91%

Debt to Equity

NBB

N/A

JPME

163.59%

P/S Ratio

NBB

N/A

JPME

1.40

P/B Ratio

NBB

N/A

JPME

2.35

NBB vs JPME - Historical Returns

Returns include dividend reinvestment.

Period	NBB	JPME
1 month	+1.88%	+1.14%
3 months	-0.77%	+4.73%
6 months	-2.49%	+7.50%
1 year	+5.22%	+19.83%
5 years(CAGR)	-1.06%	+8.96%
10 years(CAGR)	+2.54%	+11.09%
Max(CAGR)	+5.09%	+11.50%

Winner

NBB

+1.88%

JPME

+1.14%

NBB

-0.77%

Winner

JPME

+4.73%

NBB

-2.49%

Winner

JPME

+7.50%

NBB

+5.22%

Winner

JPME

+19.83%

5Y(CAGR)

NBB

-1.06%

Winner

JPME

+8.96%

10Y(CAGR)

NBB

+2.54%

Winner

JPME

+11.09%

Max(CAGR)

NBB

+5.09%

Winner

JPME

+11.50%

NBB vs JPME - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	NBB	JPME
2026	+2.49%	+17.15%
2025	+12.97%	+8.39%
2024	+1.78%	+13.32%
2023	+7.51%	+11.82%
2022	-24.19%	-9.80%
2021	+2.06%	+30.73%
2020	+13.82%	+8.62%
2019	+18.82%	+25.84%
2018	-6.08%	-9.19%
2017	+12.97%	+18.60%
2016	+8.81%	+10.30%
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 JPME 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 JPME was -41.01%, occurring on Mar 23, 2020. Recovery took 210 trading sessions.

The current NBB drawdown is -6.47%. The current JPME drawdown is -1.31%.

Rank	NBB	JPME
#1	-33.51% Sep 15, 2021 - Oct 19, 2023	-41.01% Jan 17, 2020 - Nov 16, 2020
#2	-27.83% Feb 21, 2020 - Aug 6, 2020	-19.91% Aug 29, 2018 - Jul 3, 2019
#3	-16.99% May 1, 2013 - May 29, 2014	-19.30% Jan 4, 2022 - Dec 26, 2023
#4	-12.58% Oct 13, 2010 - Aug 3, 2011	-18.70% Nov 29, 2024 - Sep 11, 2025
#5	-12.45% Sep 6, 2016 - Aug 31, 2017	-7.57% Jan 26, 2018 - Jul 19, 2018
#6	-10.51% Jan 4, 2018 - Mar 25, 2019	-6.84% Mar 2, 2026 - Apr 17, 2026
#7	-9.87% Feb 2, 2015 - Jan 15, 2016	-6.58% Nov 16, 2021 - Dec 27, 2021
#8	-8.79% Jan 27, 2021 - Jul 8, 2021	-6.56% Jul 26, 2019 - Nov 1, 2019
#9	-7.38% Feb 8, 2012 - May 30, 2012	-6.51% Mar 28, 2024 - Jul 16, 2024
#10	-5.80% Sep 3, 2019 - Jan 15, 2020	-5.27% Jun 8, 2016 - Jul 12, 2016
#11	-5.77% Aug 1, 2012 - Nov 8, 2012	-5.26% Aug 23, 2016 - Nov 21, 2016
#12	-5.39% Aug 7, 2020 - Dec 2, 2020	-5.09% Jul 31, 2024 - Aug 19, 2024
#13	-3.81% Nov 12, 2012 - Jan 11, 2013	-4.85% Sep 2, 2021 - Oct 20, 2021
#14	-3.74% Oct 16, 2017 - Dec 6, 2017	-4.58% Jan 20, 2021 - Feb 8, 2021
#15	-3.33% Aug 29, 2014 - Oct 15, 2014	-4.42% Sep 11, 2025 - Nov 26, 2025

Correlation

Correlation between NBB and JPME is 0.60 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.60

-101

Dividend Comparison (2010 - 2026)

NBB vs JPME dividend yield comparison.

Year	NBB	JPME
2026	5.01%	0.72%
2025	7.33%	2.03%
2024	6.96%	1.77%
2023	8.33%	1.84%
2022	7.86%	1.84%
2021	5.50%	1.44%
2020	4.67%	1.51%
2019	5.54%	1.68%
2018	6.38%	1.80%
2017	5.62%	1.17%
2016	6.35%	0.91%
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%