IMCG vs. NULG
Compare and contrast key facts about iShares Morningstar Mid-Cap Growth ETF (IMCG) and Nuveen ESG Large-Cap Growth ETF (NULG).
IMCG and NULG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IMCG is a passively managed fund by iShares that tracks the performance of the Morningstar US Mid Cap Broad Growth Index. It was launched on Jun 28, 2004. NULG is a passively managed fund by Nuveen that tracks the performance of the MSCI TIAA ESG USA Large Cap Growth. It was launched on Dec 13, 2016. Both IMCG and NULG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IMCG or NULG.
Key characteristics
| IMCG | NULG | |
|---|---|---|
| YTD Return | 2.96% | 4.85% |
| 1Y Return | 20.20% | 32.96% |
| 3Y Return (Ann) | 0.64% | 7.96% |
| 5Y Return (Ann) | 10.81% | 17.09% |
| Sharpe Ratio | 1.25 | 2.11 |
| Daily Std Dev | 14.66% | 15.00% |
| Max Drawdown | -58.96% | -36.17% |
| Current Drawdown | -11.35% | -5.17% |
Correlation
The correlation between IMCG and NULG is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IMCG vs. NULG - Performance Comparison
In the year-to-date period, IMCG achieves a 2.96% return, which is significantly lower than NULG's 4.85% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IMCG vs. NULG - Expense Ratio Comparison
IMCG has a 0.06% expense ratio, which is lower than NULG's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
IMCG vs. NULG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Morningstar Mid-Cap Growth ETF (IMCG) and Nuveen ESG Large-Cap Growth ETF (NULG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
IMCG vs. NULG - Dividend Comparison
IMCG's dividend yield for the trailing twelve months is around 0.84%, more than NULG's 0.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IMCG iShares Morningstar Mid-Cap Growth ETF | 0.84% | 0.85% | 0.91% | 0.41% | 0.09% | 0.29% | 0.35% | 0.45% | 0.52% | 0.38% | 0.60% | 0.36% |
NULG Nuveen ESG Large-Cap Growth ETF | 0.41% | 0.43% | 0.40% | 5.05% | 2.68% | 1.10% | 3.73% | 0.61% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IMCG vs. NULG - Drawdown Comparison
The maximum IMCG drawdown since its inception was -58.96%, which is greater than NULG's maximum drawdown of -36.17%. Use the drawdown chart below to compare losses from any high point for IMCG and NULG. For additional features, visit the drawdowns tool.
Volatility
IMCG vs. NULG - Volatility Comparison
The current volatility for iShares Morningstar Mid-Cap Growth ETF (IMCG) is 4.39%, while Nuveen ESG Large-Cap Growth ETF (NULG) has a volatility of 5.14%. This indicates that IMCG experiences smaller price fluctuations and is considered to be less risky than NULG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.