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NBB correlations (Nuveen Taxable Municipal Income Fund)

Which assets move with NBB and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)
12.0%
3y weekly
Beta vs S&P 500
0.22
3y weekly
1-year return
+5.3%
price, adjusted
5-year return
-5.4%
price, adjusted
P/E ratio
16.4
trailing
Max drawdown
-11.4%
3y, daily closes
-2%0%+6%2025-09-052026-08-27
NBB over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with NBB

AssetCorrelation (3Y)
BBNBlackRock Taxable Municipal Bond Trust0.81
VGIVirtus Global Multi-Sector Income Fund0.76
NZFNuveen Municipal Credit Income Fund0.73
NVGNuveen AMT-Free Municipal Credit Income Fund0.73
AGGiShares Core US Aggregate Bond ETF0.73

Best diversifiers for NBB

If the goal is offsetting NBB, these tracked assets have historically moved the most on their own terms.

AssetCorrelation (3Y)
DFDVDeFi Development Corp.-0.27
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN-0.25
VXXiPath Series B S&P 500 VIX Short-Term Futures ETN-0.22

NBB vs benchmarks

Get NBB data as JSON

Free API · no key required
$ curl https://www.pairbook.io/api/v1/symbols/nbb.json

Correlations, diversifiers, beta and volatility for NBB, plus one endpoint per pair. API documentation.