NCLO vs BSMY
Comparison between NUVEEN AA-BBB CLO ETF (NCLO, ETF) and Invesco BulletShares 2034 Municipal Bond ETF (BSMY, ETF).
NCLO vs BSMY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
NCLO
$140M
BSMY
$140M
Expense Ratio
NCLO
0.26%
Winner
BSMY
0.18%
Max Drawdown
Winner
NCLO
3.71%
BSMY
7.98%
Sharpe Ratio
NCLO
0.51
Winner
BSMY
1.04
5Y Beta
Winner
NCLO
0.05
BSMY
0.06
NCLO vs BSMY - Historical Returns
Returns include dividend reinvestment.
1M
Winner
NCLO
+0.59%
BSMY
-0.87%
3M
Winner
NCLO
+1.73%
BSMY
-0.30%
6M
Winner
NCLO
+2.58%
BSMY
+0.01%
1Y
NCLO
+5.90%
Winner
BSMY
+7.28%
Max(CAGR)
Winner
NCLO
+5.82%
BSMY
+1.47%
NCLO vs BSMY - Annual Returns (2024 - 2026)
Returns include dividend reinvestment.
| Year | NCLO | BSMY |
|---|---|---|
| 2026 | +2.87% | +0.65% |
| 2025 | +6.24% | +3.39% |
| 2024 | +0.35% | -1.86% |
NCLO vs BSMY Drawdown Comparison
The maximum drawdown for NCLO was -3.05%, occurring on Mar 4, 2026. Recovery took 42 trading sessions.
The maximum drawdown for BSMY was -6.81%, occurring on Apr 11, 2025. Recovery took 210 trading sessions.
The current NCLO drawdown is -0.56%. The current BSMY drawdown is -1.40%.
| Rank | NCLO | BSMY |
|---|---|---|
| #1 | -3.05% Feb 3, 2026 - Apr 6, 2026 | -6.81% Dec 6, 2024 - Oct 10, 2025 |
| #2 | -1.43% Mar 31, 2025 - Apr 24, 2025 | -3.55% Oct 1, 2024 - Dec 2, 2024 |
| #3 | -1.03% Jun 25, 2026 - Jun 26, 2026 | -3.31% Feb 27, 2026 - Jul 6, 2026 |
| #4 | -0.64% Apr 25, 2025 - May 2, 2025 | -1.40% Jul 6, 2026 - Jul 21, 2026 |
| #5 | -0.56% May 19, 2025 - Jun 6, 2025 | -0.67% Nov 11, 2025 - Jan 2, 2026 |
| #6 | -0.52% May 28, 2026 - Jun 25, 2026 | -0.51% Jan 14, 2026 - Feb 3, 2026 |
| #7 | -0.48% May 1, 2026 - May 6, 2026 | -0.38% Sep 16, 2024 - Oct 1, 2024 |
| #8 | -0.47% May 2, 2025 - May 8, 2025 | -0.26% Oct 28, 2025 - Nov 11, 2025 |
| #9 | -0.37% Apr 6, 2026 - Apr 22, 2026 | -0.21% Feb 10, 2026 - Feb 13, 2026 |
| #10 | -0.36% Jun 6, 2025 - Jun 24, 2025 | -0.18% Dec 4, 2024 - Dec 6, 2024 |
| #11 | -0.35% Mar 7, 2025 - Mar 31, 2025 | -0.16% Feb 5, 2026 - Feb 10, 2026 |
| #12 | -0.28% Oct 8, 2025 - Oct 13, 2025 | -0.12% Feb 19, 2026 - Feb 24, 2026 |
| #13 | -0.26% Oct 13, 2025 - Oct 20, 2025 | -0.08% Jan 9, 2026 - Jan 14, 2026 |
| #14 | -0.25% Oct 20, 2025 - Oct 30, 2025 | -0.08% Sep 11, 2024 - Sep 13, 2024 |
| #15 | -0.25% May 8, 2025 - May 12, 2025 | -0.07% Jan 7, 2026 - Jan 9, 2026 |
Correlation
Correlation between NCLO and BSMY is 0.82 which considered as a strong positive correlation - the stocks tend to move together.
0.82
-101
Dividend Comparison (2024 - 2026)
NCLO vs BSMY dividend yield comparison.
| Year | NCLO | BSMY |
|---|---|---|
| 2026 | 2.67% | 2.12% |
| 2025 | 6.09% | 3.31% |
| 2024 | 0.35% | 0.79% |
Select Stocks to Compare
Popular: NCLO vs SPYBSMY vs SPY
More Comparisons
Compare with similar stocks