SPBO vs NUV

Comparison between SPDR PORTFOLIO CORPORATE BOND ETF (SPBO, ETF) and Nuveen Municipal Value Fund Inc (NUV, ETF).

5-Year PerformanceSPBO has outperformed NUV, delivering a return of +0.7% compared to -0.4%

SPBO vs NUV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPBO(ETF)	NUV(ETF)
Net Assets	$1.90B	$1.90B
Expense Ratio	0.03%	N/A
Max Drawdown	26.39%	33.92%
Sharpe Ratio	0.67	0.99
5Y Beta	0.11	0.12
5Y Dividends CAGR	11.35%	2.58%

Net Assets

SPBO

$1.90B

NUV

$1.90B

Expense Ratio

SPBO

0.03%

NUV

N/A

Max Drawdown

Winner

SPBO

26.39%

NUV

33.92%

Sharpe Ratio

SPBO

0.67

Winner

NUV

0.99

5Y Beta

Winner

SPBO

0.11

NUV

0.12

5Y Dividends CAGR

Winner

SPBO

11.35%

NUV

2.58%

SPBO vs NUV - Historical Returns

Returns include dividend reinvestment.

Period	SPBO	NUV
1 month	+0.25%	+0.68%
3 months	+0.06%	+1.51%
6 months	+1.26%	+3.51%
1 year	+7.15%	+10.70%
5 years(CAGR)	+0.74%	-0.43%
10 years(CAGR)	+2.81%	+2.55%
Max(CAGR)	+3.46%	+4.84%

SPBO

+0.25%

Winner

NUV

+0.68%

SPBO

+0.06%

Winner

NUV

+1.51%

SPBO

+1.26%

Winner

NUV

+3.51%

SPBO

+7.15%

Winner

NUV

+10.70%

5Y(CAGR)

Winner

SPBO

+0.74%

NUV

-0.43%

10Y(CAGR)

Winner

SPBO

+2.81%

NUV

+2.55%

Max(CAGR)

SPBO

+3.46%

Winner

NUV

+4.84%

SPBO vs NUV - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SPBO	NUV
2026	+0.79%	+2.88%
2025	+7.86%	+9.25%
2024	+3.11%	+3.56%
2023	+8.19%	+2.79%
2022	-14.96%	-13.94%
2021	-1.18%	-3.67%
2020	+9.91%	+7.81%
2019	+14.16%	+17.97%
2018	-1.58%	-4.83%
2017	+4.77%	+10.10%
2016	+4.43%	-2.44%
2015	-1.60%	+9.91%
2014	+8.40%	+11.31%
2013	-2.29%	-8.62%
2012	+7.92%	+8.82%
2011	+5.89%	+13.18%
2010	N/A	-0.41%
2009	N/A	+11.52%
2008	N/A	-2.97%
2007	N/A	-4.18%
2006	N/A	+12.63%
2005	N/A	+11.40%
2004	N/A	+4.76%
2003	N/A	+6.25%
2002	N/A	+6.99%
2001	N/A	+9.72%
2000	N/A	+14.20%
1999	N/A	-8.03%

SPBO vs NUV Drawdown Comparison

The maximum drawdown for SPBO was -22.23%, occurring on Oct 20, 2022. Recovery took 1027 trading sessions.

The maximum drawdown for NUV was -28.29%, occurring on Oct 26, 2023. This drawdown has not yet recovered.

The current SPBO drawdown is -0.85%. The current NUV drawdown is -6.46%.

Rank	SPBO	NUV
#1	-22.23% Sep 22, 2021 - Oct 24, 2025	-28.29% Aug 11, 2021 - Oct 26, 2023
#2	-20.04% Mar 6, 2020 - Jun 15, 2020	-23.00% Feb 25, 2020 - Oct 20, 2020
#3	-9.01% May 1, 2013 - May 2, 2014	-20.55% May 19, 2008 - Sep 9, 2009
#4	-5.59% Dec 31, 2020 - Jul 19, 2021	-14.71% Dec 6, 2012 - Jan 5, 2015
#5	-5.09% Apr 24, 2015 - May 4, 2016	-12.54% Jul 7, 2016 - Sep 14, 2017
#6	-4.45% Aug 23, 2016 - May 19, 2017	-11.19% Sep 28, 2010 - Sep 21, 2011
#7	-4.17% Sep 8, 2017 - Jan 31, 2019	-9.77% Mar 17, 2004 - Oct 29, 2004
#8	-3.44% Nov 1, 2011 - Jan 31, 2012	-9.49% Nov 1, 1999 - Jul 7, 2000
#9	-3.13% Oct 21, 2014 - Jan 6, 2015	-9.15% Mar 13, 2007 - Apr 1, 2008
#10	-2.86% Feb 26, 2026 - Mar 27, 2026	-8.45% Sep 14, 2017 - Mar 21, 2019
#11	-2.76% Jan 30, 2015 - Apr 24, 2015	-7.42% Feb 2, 2015 - Oct 23, 2015
#12	-2.75% Aug 6, 2020 - Nov 23, 2020	-6.81% Feb 9, 2021 - Jul 2, 2021
#13	-2.62% Aug 28, 2014 - Oct 15, 2014	-6.78% Aug 30, 2001 - Nov 8, 2001
#14	-2.50% Aug 28, 2019 - Nov 26, 2019	-6.27% Oct 1, 2002 - Mar 6, 2003
#15	-2.18% Feb 1, 2012 - Apr 20, 2012	-6.19% Mar 7, 2012 - Apr 30, 2012

Correlation

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

0.98

-101

Dividend Comparison (2000 - 2026)

SPBO vs NUV dividend yield comparison.

Year	SPBO	NUV
2026	1.69%	1.41%
2025	5.09%	4.30%
2024	5.28%	4.16%
2023	4.73%	3.94%
2022	3.54%	3.91%
2021	2.42%	3.41%
2020	2.75%	3.35%
2019	3.46%	3.48%
2018	3.60%	4.01%
2017	3.15%	3.99%
2016	3.35%	4.10%
2015	3.07%	3.95%
2014	3.21%	4.44%
2013	3.76%	4.97%
2012	3.70%	4.16%
2011	2.53%	5.04%
2010	0.00%	5.33%
2009	0.00%	4.50%
2008	0.00%	5.46%
2007	0.00%	5.34%
2006	0.00%	4.75%
2005	0.00%	5.06%
2004	0.00%	5.82%
2003	0.00%	5.60%
2002	0.00%	5.73%
2001	0.00%	5.62%
2000	0.00%	2.70%