Nuveen High Yield Corporate Bond
$23.91−0.03 (−0.13%)
- 0.08%
- $1.8B
- +3.1%
- 0.1M sh
- $23.86
- low $23.79high $25.19
The ETF.net NHYB Grade
A
Score 77 out of 100
- 10 of 85
Score 77 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A94 out of 100Rank 5 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.A97 out of 100Rank 25 of 74Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C45 out of 100Rank 57 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C45 out of 100Rank 46 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A91 out of 100Rank 9 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C50 out of 100Rank 50 of 85
Our read on NHYB
AESG-screened high yield priced like the plain stuff: 0.08% a year, well over a thousand bonds, and the same Bloomberg MSCI index Nuveen's older, pricier ETF follows.
The fund seeks to track the Bloomberg MSCI U.S. High Yield Very Liquid ESG Select Index before fees and expenses. Its strategy uses representative sampling and normally invests at least 80% of assets in index components.
Why people hold it
- Costs 0.08% a year, level with the cheapest broad high-yield ETFs (USHY) and a small fraction of what the typical fund in this cohort charges.
- Nuveen's older ETF on the identical index (NUHY) charges 0.30%. Same benchmark, same rulebook, a fraction of the fee.
- Holds well over a thousand bonds through representative sampling, so a single issuer's trouble is a rounding error, not a headline.
- A multi-billion-dollar fund that has hugged its index closely, and one of the stronger implementations in a crowded high-yield group.
Worth knowing
- Launched in September 2025, so the live record is short and has not yet been through a full credit cycle.
- This is below-investment-grade debt: prices can fall hard when credit spreads widen, and defaults come with the territory.
- The ESG screen leaves out issuers the broad high-yield market owns, so results can drift from unscreened peers in either direction.
NHYB Holdings
- Bonds
- 1,682
- 5%
- GVMXX
NHYB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
NHYB$10,313
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | NHYB |
|---|---|
| Year to date | +0.9% |
| 1 month | −1.3% |
| 3 months | −1.2% |
| 1 year | +3.1% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | NHYB |
|---|---|---|
| 2026 YTD | +0.9% | |
| 2025 | +1.3% |
NHYB in the news
NHYB Dividends
- $0.13 per share
- Monthly
Distribution data unavailable.
Distribution history
NHYB Risk
- 4.1%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.54
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −3.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.15
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
NHYB Cost
0.08%
NHYB0.08%
- The middle half of US High Yield funds
- Median 0.43%
5 of the 85 US High Yield funds charge less.
Other funds in US High Yield
- AXBBBondBloxx BB Rated USD High Yield Corporate Bond ETFExpense ratio 0.20%1 year return +3.0%
- ABKHYBNY Mellon High Yield ETFExpense ratio 0.22%1 year return +2.6%
- AGHYBGoldman Sachs Access High Yield Corporate Bond ETFExpense ratio 0.15%1 year return +2.4%
- AHYBBiShares BB Rated Corporate Bond ETFExpense ratio 0.25%1 year return +2.5%
- ASJNKState Street SPDR Bloomberg Short Term High Yield Bond ETFExpense ratio 0.40%1 year return +3.1%