NUSBvsCMFETF Comparison
VS
Nuveen Ultra Short Income ETF (NUSB) belongs to the Money Market Bonds segment. iShares California Muni Bond ETF (CMF) is part of the Municipal Bonds segment. NUSB's top 3 sector exposures are Finance, Industrials and Utilities. In contrast, CMF's top sector exposures are Municipal and Non-Corporate. NUSB is more expensive with a Total Expense Ratio (TER) of 0.17%, versus 0.08% for CMF. NUSB is up 2.99% year-to-date (YTD) with +$3M in YTD flows. CMF performs worse with -0.95% YTD performance, and +$1.69B in YTD flows. Run a side-by-side ETF comparison of NUSB and CMF below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
NUSB vs CMF performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/26/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | NUSB CMF | +0.38%+3.76% | +0.92%-1.09% | +2.99%-0.95% | +3.77%-0.53% | n/a+12.11% | n/a+1.88% |
| Flows | NUSB CMF | -+$548M | +$3M+$877M | +$3M+$1.69B | +$4M+$2.02B | -+$3.13B | -+$3.71B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | NUSB CMF | +0.27%+4.95% | +0.32%+3.19% | n/a+3.57% | n/a+3.60% |
| Max drawdown | NUSB CMF | -0.03%-5.53% | -0.04%-6.52% | n/a-6.52% | n/a-12.25% |
| Max drawdown duration | NUSB CMF | 2d75d | 3d240d | n/a240d | n/a1346d |
Trading data
NUSB | CMF | |
Last sale 10/27/2026 at 1:30 PM | $25.21 | $55.63 |
| Previous close 10/27/2026 | $25.21 | $55.57 |
| Consolidated volume 10/27/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of October 28, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
NUSB
is actively managed and doesn’t replicate an indexNUSB | CMF | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/27/2026 at 1:30 PM
Live
Closed
NUSB | CMF | |
|---|---|---|
| Last price | $25.21 | $55.63 |
| 1D performance | +0.00% | +0.11% |
| AuM | $158.83 M | $5.35 B |
| E/R | 0.17% | 0.08% |
Advertisement
Exposure
Countries
NUSB
USA
53.07%
Other
46.93%
CMF
USA
59.23%
Other
40.77%
Sectors
NUSB
Finance
32%
Industrials
7.75%
Other
60.24%
CMF
Municipal
59.23%
Other
40.77%
Advertisement
Diversification
NUSB
Total weight of top 15 holdings out of 15
16.63%
CMF
Total weight of top 15 holdings out of 15
6.39%
Top 15 holdings
Data as of August 31, 2026
NUSB
US04821UKE19
1.92%
USA, Bills 0% 18mar2027, USD (364D)
1.66%
Pfizer, FRN 15nov2027, USD
1.13%
US87020XM720
1.11%
US37961NKP23
1.08%
JP Morgan, 6.07% 22oct2027, USD
1.07%
T-Mobile USA, 4.95% 15mar2028, USD
0.97%
US02079KCP03
0.97%
Amazon.com, FRN 13mar2029, USD
0.97%
Wells Fargo, FRN 20may2029, USD (Y)
0.96%
Citigroup, 4.643% 7may2028, USD
0.96%
US26244JJ261
0.96%
US06405LAL53
0.96%
Bank of America Corporation, 4.376% 27apr2028, USD (N)
0.96%
MetLife Global Funding I, 4.25% 13apr2028, USD (2026-5)
0.96%
CMF
Orange Water District, FRN 1aug2042, USD (2003A)
0.60%
US79766DLC10
0.52%
US032556NJ70
0.49%
Los Angeles Unified School District, 5% 1jul2031, USD (2024)
0.47%
University of California, 5.5% 15may2040, USD
0.46%
California Educational Facilities Authority, 5% 1may2045, USD
0.44%
US4636324Q95
0.44%
US79905CAB90
0.42%
Los Angeles Unified School District, 5% 1jul2034, USD (2024A)
0.41%
US13077DUT70
0.40%
University of California, 5% 15may2036, USD (2025)
0.39%
California, 5% 1mar2055, USD
0.37%
California, 5.25% 1aug2032, USD
0.34%
US91412GSH91
0.32%
East AWP Joint Powers Authority, 3.125% 1sep2026, USD (2024A)
0.32%
Frequently asked questions about NUSB and CMF
How have the NUSB and CMF ETFs performed in 2026?
As of October 26, 2026, NUSB is up 2.99% year-to-date (YTD), while CMF has lost -0.95%. That puts NUSB better performer ahead so far this year.
Which ETF is attracting more investor money: NUSB or CMF?
Year-to-date, the NUSB ETF saw +$3M in flows, compared to +$1.69B for CMF.
Which ETF is more volatile: NUSB or CMF?
Over the past year, NUSB had a volatility of 0.32%, while CMF experienced 3.19%.
Which ETF is bigger: NUSB or CMF?
As of October 26, 2026, NUSB holds $158.83 M in assets under management (AUM), while CMF manages $5.35 B.
What sectors do the NUSB and CMF ETFs invest in?
NUSB leans toward sectors like Finance and Industrials. Meanwhile, CMF focuses on Municipal.
What are the top holdings of the NUSB ETF and CMF ETF?
NUSB top holdings include US04821UKE19, USA, Bills 0% 18mar2027, USD (364D) and Pfizer, FRN 15nov2027, USD. CMF holds in its top three: Orange Water District, FRN 1aug2042, USD (2003A), US79766DLC10 and US032556NJ70.
Which ETF is more diversified: NUSB or CMF?
NUSB holds 140 securities with 16.63% of its assets in the top 15. CMF has 1670 securities and a top 15 weight of 6.39%.
Advertisement
Latest news about NUSB & CMF
Advertisement
