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ETFs

Nuveen Enhanced Yield U.S. Aggregate Bond ETF

NUAG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 14 2016
Expense Ratio
0.20%
Type
US Bonds
Fund Owner
Nuveen
Volume (1m avg. daily)
$390,341
AUM
$34,134,640
Associated Index
ICE BofA Enhanced Yield U.S. Broad Bond Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
US TREAS NTS 4.625% 06/30/25
3.75%
n/a
US TREAS BDS 3.375% 08/15/42
2.66%
n/a
US TREAS NTS 5% 08/31/25
2.32%
n/a
US TREAS NTS 0.25% 09/30/25
2.14%
n/a
US DOLLARS
2.00%
n/a
US TREAS NTS 0.75% 04/30/26
1.84%
n/a
US TREAS NTS 4.25% 12/31/24
1.72%
n/a
US TREAS NTS 3.875% 03/31/25
1.71%
n/a
UMBS P#MA4738 5.5% 08/01/52
1.29%
n/a
US TREAS NTS 4.25% 05/31/25
1.15%
Invest with NUAG

What is NUAG?

The Fund seeks to track the investment results, before fees and expenses, of ICE BofA Enhanced Yield US Broad Bond Index. The Fund employs a passive management (or indexing ) approach, seeking to track the investment results, before fees and expenses, of the ICE BofA Enhanced Yield US Broad Bond Index (the Enhanced Index ). The Fund generally invests in a sample of the securities in the Enhanced Index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Enhanced Index. Under normal market conditions, the Fund invests at least 80% of its assets, exclusive of collateral held from securities lending, in component securities of the Enhanced Index. The Enhanced Index is designed to broadly capture the U.S. investment grade fixed income market and uses a rules-based weighting methodology that seeks to enhance yield while maintaining comparable risk. The Enhanced Index is primarily comprised of U.S. government securities, debt securities issued by U.S. corporations, residential and commercial mortgage-backed securities, asset-backed securities and U.S. dollar-denominated debt securities issued by non-U.S. governments and corporations that are publicly offered for sale in the U.S.

ETFs related toNUAG

ETFs correlated to NUAG include AVIG, BND, AGG

NUAG
Nuveen Fund Advisors LLC - NuShares Enhanced Yield U.S. Aggregate Bond ETF
AVIG
American Century ETF Trust - Avantis Core Fixed Income ETF
BND
Vanguard Group, Inc. - Vanguard Total Bond Market ETF
AGG
BlackRock Institutional Trust Company N.A. - iShares Core U.S. Aggregate Bond ETF
SCHZ
Schwab Strategic Trust - Schwab US Aggregate Bond ETF
BKAG
BNY Mellon ETF Trust - BNY Mellon Core Bond ETF
SPAB
SPDR Series Trust - SPDR Portfolio Aggregate Bond ETF
EAGG
iShares Trust - iShares ESG Aware U.S. Aggregate Bond ETF
IUSB
BlackRock Institutional Trust Company N.A. - iShares Core Total USD Bond Market ETF
GBF
BlackRock Institutional Trust Company N.A. - iShares Barclays Government/Credit Bond Fund
BIV
Vanguard Group, Inc. - Vanguard Intermediate-Term Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toNUAG

#PTAC

Pick the Trending Asset Class

Category

Momentum, Tactical Asset Allocation, Be Risk Aware, Ride the Momentum

Risk Rating

Moderate

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with NUAG using Composer

FAQ

NUAG is a US Bonds ETF. The Fund seeks to track the investment results, before fees and expenses, of ICE BofA Enhanced Yield US Broad Bond Index. The Fund employs a passive management (or indexing ) approach, seeking to track the investment results, before fees and expenses, of the ICE BofA Enhanced Yield US Broad Bond Index (the Enhanced Index ). The Fund generally invests in a sample of the securities in the Enhanced Index whose risk, return and other characteristics resemble the risk, return and other characteristics of the Enhanced Index. Under normal market conditions, the Fund invests at least 80% of its assets, exclusive of collateral held from securities lending, in component securities of the Enhanced Index. The Enhanced Index is designed to broadly capture the U.S. investment grade fixed income market and uses a rules-based weighting methodology that seeks to enhance yield while maintaining comparable risk. The Enhanced Index is primarily comprised of U.S. government securities, debt securities issued by U.S. corporations, residential and commercial mortgage-backed securities, asset-backed securities and U.S. dollar-denominated debt securities issued by non-U.S. governments and corporations that are publicly offered for sale in the U.S.

NUAG tracks the ICE BofA Enhanced Yield U.S. Broad Bond Index.

No, NUAG is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, NUAG is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on NUAG is -0.0101%. This is the percent change in the value of NUAG over the most recent 1-month period. The 3-month return on NUAG is -0.0256%. This is the percent change in the value of NUAG over the most recent 3-month period.

The standard deviation of NUAG for the past year is 0.0751%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to NUAG include GSY, GVI, and BLV.

ETFs correlated to NUAG include AVIG, BND, and AGG.

ETFs that are inversely correlated to NUAG include PST, TBX, and TTT.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.