NSCI vs. IMTG

Last updated Jun 27, 2026

NSCI (Nuveen Securitized Income ETF) and IMTG (Invesco Agency MBS ETF) are both Mortgage Backed Securities funds. Both are actively managed. A 0.62 correlation means they provide meaningful diversification when combined. NSCI charges 0.38%/yr vs 0.22%/yr for IMTG.

Performance

NSCI vs. IMTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen Securitized Income ETF (NSCI) and Invesco Agency MBS ETF (IMTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NSCI

• 1D: 0.04%
• 1M: 0.47%
• YTD: 2.21%
• 6M: 2.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IMTG

• 1D: 0.06%
• 1M: 0.95%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NSCI vs. IMTG - Yearly Performance Comparison

	2026 (YTD)
NSCI Nuveen Securitized Income ETF	0.91%
IMTG Invesco Agency MBS ETF	-0.29%

Correlation

The correlation between NSCI and IMTG is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 25, 2026	0.62

Return for Risk

NSCI vs. IMTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Securitized Income ETF (NSCI) and Invesco Agency MBS ETF (IMTG). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

NSCI vs. IMTG - Drawdown Comparison

The maximum NSCI drawdown since its inception was -1.10%, smaller than the maximum IMTG drawdown of -2.85%. Use the drawdown chart below to compare losses from any high point for NSCI and IMTG.

Drawdown Indicators

	NSCI	IMTG	Difference
Max Drawdown Largest peak-to-trough decline	-1.10%	-2.85%	+1.75%
Current Drawdown Current decline from peak	0.00%	-0.68%	+0.68%
Average Drawdown Average peak-to-trough decline	-0.17%	-1.37%	+1.20%

Volatility

Volatility by Period

	NSCI	IMTG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	1.30%	4.69%	-3.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.30%	4.69%	-3.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.30%	4.69%	-3.39%

NSCI vs. IMTG - Expense Ratio Comparison

NSCI has a 0.38% expense ratio, which is higher than IMTG's 0.22% expense ratio.

Dividends

NSCI vs. IMTG - Dividend Comparison

NSCI's dividend yield for the trailing twelve months is around 3.04%, more than IMTG's 1.28% yield.

Position	TTM	2025
IMTG Invesco Agency MBS ETF	1.28%	0.00%
NSCI Nuveen Securitized Income ETF	3.04%	1.09%

Frequently Asked Questions

Can I hold both NSCI and IMTG in my portfolio?

NSCI and IMTG have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NSCI or IMTG?

On fees, IMTG is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NSCI or IMTG?

IMTG is cheaper with a 0.22% expense ratio, compared with 0.38% for NSCI.

Which ETF pays a higher dividend yield, NSCI or IMTG?

NSCI has the higher dividend yield at 3.04%, compared with 1.28% for IMTG.

What is the main difference between NSCI and IMTG?

They also come from different issuers: Nuveen and Invesco. Their fees differ too: 0.38% for NSCI and 0.22% for IMTG.