VFQY vs NBB

Comparison between VANGUARD U.S. QUALITY FACTOR ETF ETF SHARES (VFQY, ETF) and Nuveen Taxable Municipal Income Fund (NBB, ETF).

5-Year PerformanceVFQY has outperformed NBB, delivering a return of +9.1% compared to -1.1%

VFQY vs NBB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VFQY(ETF)	NBB(ETF)
Net Assets	$474M	$475M
Expense Ratio	0.13%	N/A
Max Drawdown	37.66%	42.71%
Sharpe Ratio	1.12	0.21
5Y Beta	0.91	0.16
P/E Ratio	22.64	N/A
Forward P/E	16.79	N/A
5Y Dividends CAGR	7.50%	1.44%
5Y EPS CAGR	18.26%	N/A
Debt to Equity	60.68%	N/A
P/S Ratio	1.85	N/A
P/B Ratio	3.99	N/A

Net Assets

VFQY

$474M

Winner

NBB

$475M

Expense Ratio

VFQY

0.13%

NBB

N/A

Max Drawdown

Winner

VFQY

37.66%

NBB

42.71%

Sharpe Ratio

Winner

VFQY

1.12

NBB

0.21

5Y Beta

VFQY

0.91

Winner

NBB

0.16

P/E Ratio

VFQY

22.64

NBB

N/A

Forward P/E

VFQY

16.79

NBB

N/A

5Y Dividends CAGR

Winner

VFQY

7.50%

NBB

1.44%

5Y EPS CAGR

VFQY

18.26%

NBB

N/A

Debt to Equity

VFQY

60.68%

NBB

N/A

P/S Ratio

VFQY

1.85

NBB

N/A

P/B Ratio

VFQY

3.99

NBB

N/A

VFQY vs NBB - Historical Returns

Returns include dividend reinvestment.

Period	VFQY	NBB
1 month	+2.51%	-0.16%
3 months	+7.87%	-0.97%
6 months	+8.66%	+1.75%
1 year	+19.74%	+5.47%
5 years(CAGR)	+9.09%	-1.05%
10 years(CAGR)	+11.50%	+2.62%
Max(CAGR)	+11.50%	+5.05%

Winner

VFQY

+2.51%

NBB

-0.16%

Winner

VFQY

+7.87%

NBB

-0.97%

Winner

VFQY

+8.66%

NBB

+1.75%

Winner

VFQY

+19.74%

NBB

+5.47%

5Y(CAGR)

Winner

VFQY

+9.09%

NBB

-1.05%

10Y(CAGR)

Winner

VFQY

+11.50%

NBB

+2.62%

Max(CAGR)

Winner

VFQY

+11.50%

NBB

+5.05%

VFQY vs NBB - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	VFQY	NBB
2026	+11.82%	+1.39%
2025	+10.45%	+12.97%
2024	+13.50%	+1.78%
2023	+23.09%	+7.51%
2022	-15.77%	-24.19%
2021	+29.41%	+2.06%
2020	+16.57%	+13.82%
2019	+24.76%	+18.82%
2018	-7.84%	-6.08%
2017	N/A	+12.97%
2016	N/A	+8.81%
2015	N/A	+1.49%
2014	N/A	+22.93%
2013	N/A	-6.71%
2012	N/A	+7.88%
2011	N/A	+18.84%
2010	N/A	-4.27%

VFQY vs NBB Drawdown Comparison

The maximum drawdown for VFQY was -37.41%, occurring on Mar 23, 2020. Recovery took 159 trading sessions.

The maximum drawdown for NBB was -33.51%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The current VFQY drawdown is -0.42%. The current NBB drawdown is -7.47%.

Rank	VFQY	NBB
#1	-37.41% Jan 16, 2020 - Sep 2, 2020	-33.51% Sep 15, 2021 - Oct 19, 2023
#2	-25.93% Nov 16, 2021 - Dec 14, 2023	-27.83% Feb 21, 2020 - Aug 6, 2020
#3	-23.84% Aug 29, 2018 - Dec 12, 2019	-16.99% May 1, 2013 - May 29, 2014
#4	-20.67% Dec 4, 2024 - Aug 13, 2025	-12.58% Oct 13, 2010 - Aug 3, 2011
#5	-9.35% Sep 2, 2020 - Oct 9, 2020	-12.45% Sep 6, 2016 - Aug 31, 2017
#6	-9.12% Feb 6, 2026 - May 5, 2026	-10.51% Jan 4, 2018 - Mar 25, 2019
#7	-7.85% Jul 16, 2024 - Aug 23, 2024	-9.87% Feb 2, 2015 - Jan 15, 2016
#8	-6.96% Oct 12, 2020 - Nov 5, 2020	-8.79% Jan 27, 2021 - Jul 8, 2021
#9	-6.84% Mar 12, 2018 - May 16, 2018	-7.38% Feb 8, 2012 - May 30, 2012
#10	-6.49% Mar 28, 2024 - Jul 11, 2024	-5.80% Sep 3, 2019 - Jan 15, 2020
#11	-5.80% Oct 27, 2025 - Dec 3, 2025	-5.77% Aug 1, 2012 - Nov 8, 2012
#12	-5.13% Sep 2, 2021 - Oct 21, 2021	-5.39% Aug 7, 2020 - Dec 2, 2020
#13	-4.79% Mar 15, 2021 - Apr 5, 2021	-3.81% Nov 12, 2012 - Jan 11, 2013
#14	-4.79% May 7, 2021 - Jun 7, 2021	-3.74% Oct 16, 2017 - Dec 6, 2017
#15	-4.77% Aug 23, 2024 - Sep 19, 2024	-3.33% Aug 29, 2014 - Oct 15, 2014

Correlation

Correlation between VFQY and NBB is 0.47 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.47

-101

Dividend Comparison (2010 - 2026)

VFQY vs NBB dividend yield comparison.

Year	VFQY	NBB
2026	0.52%	4.41%
2025	1.17%	7.33%
2024	1.34%	6.96%
2023	1.38%	8.33%
2022	1.43%	7.86%
2021	0.98%	5.50%
2020	1.22%	4.67%
2019	1.34%	5.54%
2018	1.31%	6.38%
2017	0.00%	5.62%
2016	0.00%	6.35%
2015	0.00%	6.79%
2014	0.00%	6.57%
2013	0.00%	7.53%
2012	0.00%	6.24%
2011	0.00%	6.84%
2010	0.00%	4.46%