NIM vs GBF

Comparison between Nuveen Select Maturities Municipal Fund (NIM, ETF) and ISHARES GOVERNMENT/CREDIT BOND ETF (GBF, ETF).

5-Year PerformanceNIM has outperformed GBF, delivering a return of +0.5% compared to -0.7%

NIM vs GBF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NIM(ETF)	GBF(ETF)
Net Assets	$124M	$125M
Expense Ratio	N/A	0.20%
Max Drawdown	28.57%	23.43%
Sharpe Ratio	0.42	-0.20
5Y Beta	0.13	0.03
5Y Dividends CAGR	1.03%	19.07%

Net Assets

NIM

$124M

Winner

GBF

$125M

Expense Ratio

NIM

N/A

GBF

0.20%

Max Drawdown

NIM

28.57%

Winner

GBF

23.43%

Sharpe Ratio

Winner

NIM

0.42

GBF

-0.20

5Y Beta

NIM

0.13

Winner

GBF

0.03

5Y Dividends CAGR

NIM

1.03%

Winner

GBF

19.07%

NIM vs GBF - Historical Returns

Returns include dividend reinvestment.

Period	NIM	GBF
1 month	+1.50%	-0.56%
3 months	+0.62%	-0.86%
6 months	+1.96%	-0.42%
1 year	+7.48%	+2.73%
5 years(CAGR)	+0.46%	-0.65%
10 years(CAGR)	+1.87%	+1.26%
Max(CAGR)	+3.55%	+2.98%

Winner

NIM

+1.50%

GBF

-0.56%

Winner

NIM

+0.62%

GBF

-0.86%

Winner

NIM

+1.96%

GBF

-0.42%

Winner

NIM

+7.48%

GBF

+2.73%

5Y(CAGR)

Winner

NIM

+0.46%

GBF

-0.65%

10Y(CAGR)

Winner

NIM

+1.87%

GBF

+1.26%

Max(CAGR)

Winner

NIM

+3.55%

GBF

+2.98%

NIM vs GBF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NIM	GBF
2026	+3.27%	-0.35%
2025	+10.61%	+6.30%
2024	+2.15%	+1.42%
2023	+0.18%	+5.13%
2022	-12.38%	-13.13%
2021	+3.96%	-2.07%
2020	+4.94%	+8.44%
2019	+12.36%	+9.34%
2018	-0.58%	-0.15%
2017	+4.57%	+3.83%
2016	-1.60%	+2.25%
2015	-0.11%	-0.28%
2014	+14.08%	+6.05%
2013	-6.81%	-2.09%
2012	+0.95%	+4.13%
2011	+12.38%	+9.44%
2010	-0.53%	+5.44%
2009	+13.76%	+3.45%
2008	+6.10%	+6.81%
2007	-1.79%	+6.69%
2006	+8.94%	N/A
2005	+7.36%	N/A
2004	+3.05%	N/A
2003	+2.41%	N/A
2002	-1.91%	N/A
2001	+4.88%	N/A
2000	+10.49%	N/A
1999	-8.48%	N/A

NIM vs GBF Drawdown Comparison

The maximum drawdown for NIM was -19.96%, occurring on Oct 3, 2023. Recovery took 1054 trading sessions.

The maximum drawdown for GBF was -19.67%, occurring on Oct 24, 2022. This drawdown has not yet recovered.

The current NIM drawdown is -3.73%. The current GBF drawdown is -5.31%.

Rank	NIM	GBF
#1	-19.96% Nov 18, 2021 - Feb 3, 2026	-19.67% Aug 4, 2020 - Oct 24, 2022
#2	-16.23% Feb 5, 2020 - Aug 13, 2020	-8.75% Sep 9, 2008 - Dec 2, 2008
#3	-16.21% Dec 3, 2012 - Sep 18, 2014	-7.97% Mar 9, 2020 - Jun 26, 2020
#4	-15.01% Jun 4, 2008 - Jan 9, 2009	-6.12% May 2, 2013 - Jul 23, 2014
#5	-14.42% Nov 3, 2010 - Nov 7, 2011	-5.85% Dec 29, 2008 - Jul 31, 2009
#6	-14.17% Nov 9, 2001 - Feb 22, 2005	-5.20% Jul 8, 2016 - Sep 5, 2017
#7	-12.13% Aug 1, 2016 - Apr 10, 2019	-4.35% Oct 6, 2010 - Jun 1, 2011
#8	-9.68% Nov 1, 1999 - Mar 30, 2000	-3.90% Sep 7, 2017 - Feb 7, 2019
#9	-8.81% Mar 2, 2012 - Sep 12, 2012	-3.73% Jan 30, 2015 - Feb 11, 2016
#10	-8.60% Jan 29, 2015 - Apr 1, 2016	-2.81% Apr 9, 2008 - Sep 4, 2008
#11	-7.95% Oct 3, 2005 - Jun 1, 2006	-2.75% May 7, 2007 - Aug 16, 2007
#12	-7.22% Feb 28, 2007 - Jan 14, 2008	-2.58% Sep 4, 2019 - Jan 23, 2020
#13	-6.67% Mar 16, 2026 - May 19, 2026	-2.00% Nov 12, 2012 - Apr 15, 2013
#14	-6.42% Jun 2, 2000 - Dec 19, 2000	-1.98% Jul 24, 2012 - Nov 7, 2012
#15	-6.42% Aug 13, 2001 - Oct 31, 2001	-1.86% Nov 30, 2009 - Mar 2, 2010

Correlation

Correlation between NIM and GBF is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2000 - 2026)

NIM vs GBF dividend yield comparison.

Year	NIM	GBF
2026	2.16%	1.90%
2025	3.61%	3.81%
2024	4.10%	3.94%
2023	3.49%	3.03%
2022	2.88%	2.13%
2021	2.69%	1.22%
2020	3.42%	1.64%
2019	3.03%	2.64%
2018	3.27%	2.59%
2017	3.15%	2.31%
2016	3.23%	2.09%
2015	3.27%	2.04%
2014	3.21%	2.08%
2013	3.60%	2.37%
2012	3.67%	2.53%
2011	3.86%	3.03%
2010	4.21%	3.19%
2009	4.08%	3.56%
2008	4.65%	4.17%
2007	4.76%	4.67%
2006	4.78%	0.00%
2005	4.95%	0.00%
2004	5.10%	0.00%
2003	5.39%	0.00%
2002	5.57%	0.00%
2001	6.25%	0.00%
2000	2.50%	0.00%