NBB vs TECB

Comparison between Nuveen Taxable Municipal Income Fund (NBB, ETF) and ISHARES U.S. TECH BREAKTHROUGH MULTISECTOR ETF (TECB, ETF).

5-Year PerformanceTECB has outperformed NBB, delivering a return of +12.5% compared to -1.0%

NBB vs TECB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NBB(ETF)	TECB(ETF)
Net Assets	$464M	$462M
Expense Ratio	N/A	0.30%
Max Drawdown	42.71%	41.92%
Sharpe Ratio	0.21	1.31
5Y Beta	0.16	1.21
P/E Ratio	N/A	35.06
Forward P/E	N/A	23.75
5Y Dividends CAGR	1.16%	5.71%
5Y EPS CAGR	N/A	24.10%
Debt to Equity	N/A	110.82%
P/S Ratio	N/A	6.42
P/B Ratio	N/A	6.57

Net Assets

Winner

NBB

$464M

TECB

$462M

Expense Ratio

NBB

N/A

TECB

0.30%

Max Drawdown

NBB

42.71%

Winner

TECB

41.92%

Sharpe Ratio

NBB

0.21

Winner

TECB

1.31

5Y Beta

Winner

NBB

0.16

TECB

1.21

P/E Ratio

NBB

N/A

TECB

35.06

Forward P/E

NBB

N/A

TECB

23.75

5Y Dividends CAGR

NBB

1.16%

Winner

TECB

5.71%

5Y EPS CAGR

NBB

N/A

TECB

24.10%

Debt to Equity

NBB

N/A

TECB

110.82%

P/S Ratio

NBB

N/A

TECB

6.42

P/B Ratio

NBB

N/A

TECB

6.57

NBB vs TECB - Historical Returns

Returns include dividend reinvestment.

Period	NBB	TECB
1 month	+1.61%	+11.12%
3 months	-0.07%	+6.01%
6 months	-2.30%	+33.06%
1 year	+4.70%	+30.14%
5 years(CAGR)	-1.02%	+12.51%
10 years(CAGR)	+2.55%	N/A
Max(CAGR)	+5.10%	+18.59%

NBB

+1.61%

Winner

TECB

+11.12%

NBB

-0.07%

Winner

TECB

+6.01%

NBB

-2.30%

Winner

TECB

+33.06%

NBB

+4.70%

Winner

TECB

+30.14%

5Y(CAGR)

NBB

-1.02%

Winner

TECB

+12.51%

10Y(CAGR)

NBB

+2.55%

TECB

N/A

Max(CAGR)

NBB

+5.10%

Winner

TECB

+18.59%

NBB vs TECB - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	NBB	TECB
2026	+2.69%	+26.18%
2025	+12.97%	+14.64%
2024	+1.78%	+26.69%
2023	+7.51%	+57.53%
2022	-24.19%	-34.46%
2021	+2.06%	+21.42%
2020	+13.82%	+39.91%
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 TECB 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 TECB was -41.62%, occurring on Oct 14, 2022. Recovery took 550 trading sessions.

The current NBB drawdown is -6.29%. The current TECB drawdown is -0.81%.

Rank	NBB	TECB
#1	-33.51% Sep 15, 2021 - Oct 19, 2023	-41.62% Nov 8, 2021 - Jan 18, 2024
#2	-27.83% Feb 21, 2020 - Aug 6, 2020	-27.96% Feb 19, 2020 - May 20, 2020
#3	-16.99% May 1, 2013 - May 29, 2014	-23.91% Feb 18, 2025 - Jun 26, 2025
#4	-12.58% Oct 13, 2010 - Aug 3, 2011	-16.24% Oct 28, 2025 - May 1, 2026
#5	-12.45% Sep 6, 2016 - Aug 31, 2017	-12.26% Jul 10, 2024 - Oct 8, 2024
#6	-10.51% Jan 4, 2018 - Mar 25, 2019	-11.22% Sep 2, 2020 - Dec 7, 2020
#7	-9.87% Feb 2, 2015 - Jan 15, 2016	-11.20% Feb 12, 2021 - Apr 15, 2021
#8	-8.79% Jan 27, 2021 - Jul 8, 2021	-8.54% Mar 12, 2024 - May 20, 2024
#9	-7.38% Feb 8, 2012 - May 30, 2012	-8.52% Jun 1, 2026 - Aug 10, 2026
#10	-5.80% Sep 3, 2019 - Jan 15, 2020	-8.37% Apr 15, 2021 - Jun 10, 2021
#11	-5.77% Aug 1, 2012 - Nov 8, 2012	-8.30% Sep 3, 2021 - Nov 4, 2021
#12	-5.39% Aug 7, 2020 - Dec 2, 2020	-7.65% Dec 6, 2024 - Feb 18, 2025
#13	-3.81% Nov 12, 2012 - Jan 11, 2013	-5.34% Jun 10, 2020 - Jun 22, 2020
#14	-3.74% Oct 16, 2017 - Dec 6, 2017	-4.30% Jul 20, 2020 - Aug 3, 2020
#15	-3.33% Aug 29, 2014 - Oct 15, 2014	-4.30% Feb 9, 2024 - Feb 29, 2024

Correlation

Correlation between NBB and TECB is 0.40 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.40

-101

Dividend Comparison (2010 - 2026)

NBB vs TECB dividend yield comparison.

Year	NBB	TECB
2026	5.00%	0.12%
2025	7.33%	0.33%
2024	6.96%	0.35%
2023	8.33%	0.23%
2022	7.86%	0.61%
2021	5.50%	0.35%
2020	4.67%	0.77%
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%