NUSA vs SHAG: Grades, Fees and Holdings Compared

Nuveen ESG 1-5 Year U.S. Aggregate Bond

NUSACNYSE Arca

WisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund

SHAGBCboe

Overlap

No data

Expense ratio

SHAG −0.02pt a year

NUSA0.14%SHAG0.12%

Avg volume · 30D

SHAG 3.3×the volume

NUSA7.41KSHAG24.2K

5Y return · a year

SHAG +0.1pt

NUSA+1.7%SHAG+1.8%

NUSA vs SHAG Performance

Oct 29, 2021 – Oct 30, 2026

+8.7%NUSA+9.1%SHAG

Expense ratio: NUSA 0.14%; SHAG 0.12%, better
Fund size: NUSA $37M; SHAG $75M
1Y total return: NUSA +1.3%; SHAG +1.5%, better
Yield (12M): NUSA 3.92%; SHAG 4.32%, better
Holdings: NUSA 356; SHAG 1220
Avg volume (30D): NUSA 7.41K sh; SHAG 24.2K sh, better
NAV per share: NUSA $22.88; SHAG $46.74
52W range

ETF.net Grade

Pillar letters and Scores for NUSA, SHAG, with each pillar’s weight
Pillar	NUSA	SHAG
Cost30% weight	A72	A80Higher
Mission25% weight	Not scored	Not scored
Risk15% weight	C43	C43
Tradability15% weight	D38	D39Higher
Holdings10% weight	D38	B65Higher
Durability5% weight	D38	C44Higher

Rank among Short-Term Core Bond funds

How we build Categories ›

Same Category. NUSA and SHAG are both graded against the same 12 Short-Term Core Bond funds, so their Grades compare head to head.

Short-Term Core Bond⁠

Category · 12 funds

See all 12 ›

SHAG ranks 4th and NUSA 7th of 12 funds in the Short-Term Core Bond Category.

Rank 1ABSVVanguard Short-Term Bond ETFScore 80
Rank 2AISTBiShares Core 1-5 Year USD Bond ETFScore 75
Rank 3BAVSFAvantis Short-Term Fixed Income ETFScore 61
Rank 4BSHAGWisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond FundScore 60
Rank 5CLODIAAM SLC Low Duration Income ETFScore 54
Rank 6CEVSDEaton Vance Short Duration Income ETFScore 53
Rank 7CNUSANuveen ESG 1-5 Year U.S. Aggregate BondScore 52
Rank 8CSBNDColumbia Short Duration Bond ETFScore 45

Our read on each fund

ETF.net Research

NUSACNuveen ESG 1-5 Year U.S. Aggregate Bond

SHAGBWisdomTree Yield Enhanced U.S. Short-Term Aggregate Bond Fund

In short

NUSA An ESG screen applied to the quiet end of the bond market: roughly 300 investment-grade bonds maturing inside five years, for 0.14% a year while the typical core-bond fund charges more than double that.

SHAG Short-duration bonds with a twist: SHAG follows an index that reshuffles the short-term investment-grade universe toward its higher-yielding corners, and charges 0.12% a year to do it.

Stated mandate

NUSA The fund seeks to track the investment results of its index, which is designed to capture the 1-5 year segment of the U.S. aggregate bond market.

SHAG The fund seeks to follow, before fees and expenses, the price and yield performance of the Bloomberg U.S. Short Aggregate Enhanced Yield Index.

Why people hold it

NUSA 0.14% a year against a core-bond peer median closer to 0.36%. Getting a values screen without paying a premium for it is unusual.
Follows the Bloomberg MSCI 1-5 Year U.S. Aggregate ESG Select Index, so the screen is published index rules rather than a manager's discretion.
Holding the 1-5 year slice of the aggregate market mechanically dampens price swings when rates move, versus a fund that owns the full maturity ladder.
Pays monthly and has been running since 2017, a long history for an ESG-screened bond index fund.

SHAG The whole idea in one line: an index built to reweight short-term investment-grade bonds toward the higher-yielding corners of that same universe, not just mirror the market's shape.
0.12% a year, well under the typical fee in its bond-fund cohort.
Roughly 1,400 bonds and monthly distributions, so the yield tilt is spread across a wide book rather than a handful of names.
Short maturities by mandate, which means less interest-rate sensitivity than a full-maturity Agg fund carries.

Worth knowing

NUSA A small fund that trades thinly, so bid-ask spreads can run wider than the household-name core bond ETFs.
Unscreened rivals such as BND, SPAB and SCHZ charge 0.03%. The ESG filter here costs about a tenth of a percentage point more per year.
The screen leaves out issuers a standard aggregate index holds, and the short maturity band is a different job from a full-market core bond position.

SHAG A small fund that trades thinly. Spreads can widen at the edges of the session, and small funds carry more closure risk than category giants.
Reaching for yield inside investment grade means leaning on its lower-rated, longer-dated slices, so it can behave differently from a plain short-term Agg tracker.
Core bond staples like BND and SCHZ run at 0.03%. The extra cost here buys the yield tilt and the short maturity profile, not broader market coverage.

Full NUSA profile⁠

Full SHAG profile⁠

NUSA vs SHAG Holdings

How NUSA and SHAG differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Countryby domicile93.9%
Asset classFixed Income100%

Sector

No Sector split for NUSA.

Country, concentration and asset class

Country by domicile

Country weights in NUSA and SHAG, widest gap first
Country	More in NUSAMore in SHAG	NUSA	SHAG
United States	NUSA +3.4 points	92.4%	89.0%
United Kingdom	SHAG +1.5 points	0.7%	2.2%
Japan	SHAG +1.1 points	0.9%	2.0%
Germany	NUSA +0.9 points	0.9%	0.0%
South Korea	NUSA +0.6 points	0.6%	0.0%
Indonesia	SHAG +0.5 points	0.0%	0.5%
Mexico	SHAG +0.5 points	0.0%	0.5%
China	SHAG +0.5 points	0.0%	0.5%
Other countries (18)	SHAG +0.7 points	4.5%	5.2%

Concentration

Weight in the 10 largest Holdings

NUSA23.8%
SHAG16.7%

Securities held

NUSA355
SHAG1,217

Asset class

NUSA: Fixed Income
SHAG: Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. NUSA holds 355 securities, SHAG 1,217.

All 356 NUSA holdings⁠All 1,361 SHAG holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

NUSA vs SHAG Cost

Overpaying NUSA vs SHAG

$412

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

NUSA 0.14%
$2,932
SHAG 0.12%
$2,520

Amount$10,000

Years30 years

Cost over time

NUSA 0.14%
SHAG 0.12%
Overpaying

Year by year

Year	NUSA	SHAG	Overpaying
10	$256	$220	$36
20	$1,000	$859	$141
30	$2,932	$2,520	$412

Expense ratio

0.14%NUSA
0.12%SHAG, cheaper

SHAG0.12%NUSA0.14%

0.03%0.45%

Middle half of Short-Term Core Bond funds
Median 0.20%

SHAG 3rd cheapest of 12 funds

NUSA 4th cheapest of 12 funds

NUSA vs SHAG Dividends

Last 12 months to Oct 30, 2026

Yield (12M): NUSA 3.92%; SHAG 4.32%, better
Payout (12M): NUSA $0.90; SHAG $2.02
Last payment: NUSA $0.08; SHAG $0.18
Ex-dividend: NUSA Oct 1, 2026; SHAG Oct 27, 2026
Paid on: NUSA Oct 2, 2026; SHAG Oct 29, 2026
Frequency: NUSA Monthly; SHAG Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

NUSAMonthly · 46 paymentsAll NUSA payments⁠

SHAGMonthly · 46 paymentsAll SHAG payments⁠

NUSA vs SHAG Risk

Fall from peak · 5 years

NUSA
SHAG

Risk facts

VolatilityStd dev, 3 years: NUSA 2.5%SHAG 2.4%, better
Return per unit of riskSharpe ratio, 3 years: NUSA 0.003SHAG 0.14, better
Worst fallMax drawdown, 5 years: NUSA −8.8%, betterSHAG −9.0%
Market sensitivityBeta, 5 years: NUSA 0.40SHAG 0.36; Market = 1

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