NBB vs SPSK

Comparison between Nuveen Taxable Municipal Income Fund (NBB, ETF) and SP FUNDS DOW JONES GLOBAL SUKUK ETF (SPSK, ETF).

5-Year PerformanceSPSK has outperformed NBB, delivering a return of +0.8% compared to -0.3%

NBB vs SPSK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NBB(ETF)	SPSK(ETF)
Net Assets	$474M	$473M
Expense Ratio	N/A	0.50%
Max Drawdown	42.71%	16.47%
Sharpe Ratio	0.46	-0.09
5Y Beta	0.16	0.06
5Y Dividends CAGR	1.84%	9.00%

Net Assets

Winner

NBB

$474M

SPSK

$473M

Expense Ratio

NBB

N/A

SPSK

0.50%

Max Drawdown

NBB

42.71%

Winner

SPSK

16.47%

Sharpe Ratio

Winner

NBB

0.46

SPSK

-0.09

5Y Beta

NBB

0.16

Winner

SPSK

0.06

5Y Dividends CAGR

NBB

1.84%

Winner

SPSK

9.00%

NBB vs SPSK - Historical Returns

Returns include dividend reinvestment.

Period	NBB	SPSK
1 month	-0.27%	-0.04%
3 months	-0.79%	-0.29%
6 months	+0.53%	-0.06%
1 year	+7.82%	+3.61%
5 years(CAGR)	-0.34%	+0.79%
10 years(CAGR)	+2.86%	N/A
Max(CAGR)	+5.16%	+1.08%

NBB

-0.27%

Winner

SPSK

-0.04%

NBB

-0.79%

Winner

SPSK

-0.29%

Winner

NBB

+0.53%

SPSK

-0.06%

Winner

NBB

+7.82%

SPSK

+3.61%

5Y(CAGR)

NBB

-0.34%

Winner

SPSK

+0.79%

10Y(CAGR)

NBB

+2.86%

SPSK

N/A

Max(CAGR)

Winner

NBB

+5.16%

SPSK

+1.08%

NBB vs SPSK - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	NBB	SPSK
2026	+2.37%	-0.11%
2025	+12.97%	+6.21%
2024	+1.78%	+3.19%
2023	+7.51%	+4.67%
2022	-24.19%	-7.58%
2021	+2.06%	-1.11%
2020	+13.82%	+3.72%
2019	+18.82%	+0.02%
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 SPSK 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 SPSK was -12.83%, occurring on Oct 25, 2022. Recovery took 1093 trading sessions.

The current NBB drawdown is -6.58%. The current SPSK drawdown is -1.19%.

Rank	NBB	SPSK
#1	-33.51% Sep 15, 2021 - Oct 19, 2023	-12.83% Feb 4, 2021 - Jun 12, 2025
#2	-27.83% Feb 21, 2020 - Aug 6, 2020	-7.99% Mar 5, 2020 - Jul 20, 2020
#3	-16.99% May 1, 2013 - May 29, 2014	-2.85% Feb 27, 2026 - Mar 24, 2026
#4	-12.58% Oct 13, 2010 - Aug 3, 2011	-1.13% Sep 15, 2020 - Oct 8, 2020
#5	-12.45% Sep 6, 2016 - Aug 31, 2017	-0.97% Oct 9, 2020 - Nov 4, 2020
#6	-10.51% Jan 4, 2018 - Mar 25, 2019	-0.91% Oct 27, 2025 - Feb 13, 2026
#7	-9.87% Feb 2, 2015 - Jan 15, 2016	-0.84% Dec 28, 2020 - Feb 4, 2021
#8	-8.79% Jan 27, 2021 - Jul 8, 2021	-0.68% Aug 28, 2020 - Sep 15, 2020
#9	-7.38% Feb 8, 2012 - May 30, 2012	-0.61% Aug 4, 2020 - Aug 28, 2020
#10	-5.80% Sep 3, 2019 - Jan 15, 2020	-0.60% Nov 4, 2020 - Nov 16, 2020
#11	-5.77% Aug 1, 2012 - Nov 8, 2012	-0.59% Sep 15, 2025 - Sep 29, 2025
#12	-5.39% Aug 7, 2020 - Dec 2, 2020	-0.50% Jun 12, 2025 - Jun 24, 2025
#13	-3.81% Nov 12, 2012 - Jan 11, 2013	-0.49% Jul 21, 2020 - Jul 29, 2020
#14	-3.74% Oct 16, 2017 - Dec 6, 2017	-0.48% Oct 22, 2025 - Oct 27, 2025
#15	-3.33% Aug 29, 2014 - Oct 15, 2014	-0.48% Aug 22, 2025 - Sep 3, 2025

Correlation

Correlation between NBB and SPSK is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86

-101

Dividend Comparison (2010 - 2026)

NBB vs SPSK dividend yield comparison.

Year	NBB	SPSK
2026	3.08%	1.45%
2025	7.33%	3.63%
2024	6.96%	3.53%
2023	8.33%	2.95%
2022	7.86%	2.22%
2021	5.50%	2.56%
2020	4.67%	1.78%
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%