NSCR vs. MTUM

Last updated Jun 4, 2026

NSCR (Nuveen Sustainable Core ETF) and MTUM (iShares MSCI USA Momentum Factor ETF) are both exchange-traded funds - NSCR is a Large Cap Blend Equities fund actively managed by Nuveen, while MTUM is a Momentum fund tracking the MSCI USA Momentum SR Variant Index. NSCR is actively managed, while MTUM is passively managed. Over the past year, NSCR returned 7.29% vs 41.76% for MTUM. Their correlation of 0.83 suggests significant overlap in exposure. NSCR charges 0.45%/yr vs 0.15%/yr for MTUM.

Performance

NSCR vs. MTUM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen Sustainable Core ETF (NSCR) and iShares MSCI USA Momentum Factor ETF (MTUM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NSCR achieves a -6.24% return, which is significantly lower than MTUM's 31.75% return.

NSCR

• 1D: 0.00%
• 1M: 0.00%
• YTD: -6.24%
• 6M: -6.10%
• 1Y: 7.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MTUM

• 1D: 1.06%
• 1M: 15.90%
• YTD: 31.75%
• 6M: 32.38%
• 1Y: 41.76%
• 3Y*: 34.75%
• 5Y*: 15.21%
• 10Y*: 17.31%

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

NSCR vs. MTUM - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NSCR Nuveen Sustainable Core ETF	-6.24%	13.32%	12.92%
MTUM iShares MSCI USA Momentum Factor ETF	31.75%	22.15%	12.01%

Correlation

The correlation between NSCR and MTUM is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.72
Correlation (All Time) Calculated using the full available price history since Mar 7, 2024	0.83

The correlation between NSCR and MTUM shifts across timeframes, from 0.72 (1 year) to 0.83 (all time), reflecting how their relationship changes across market environments.

NSCR vs. MTUM - Sectors Allocation Comparison

Sectors	NSCR	MTUM
Technology	28.8%	44.4%
Financial Services	19.6%	10.4%
Consumer Cyclical	12.1%	3.6%
Healthcare	10.5%	6.9%
Communication Services	9.0%	7.4%
Industrials	5.6%	15.6%
Energy	4.3%	3.5%
Utilities	3.8%	1.6%
Consumer Defensive	2.0%	3.3%
Basic Materials	1.4%	1.7%
Real Estate	1.3%	1.8%

Return for Risk

NSCR vs. MTUM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NSCR

NSCR Risk / Return Rank: 18
NSCR Sharpe Ratio Rank: 19
NSCR Sortino Ratio Rank: 18
NSCR Omega Ratio Rank: 20
NSCR Calmar Ratio Rank: 17
NSCR Martin Ratio Rank: 18

MTUM

MTUM Risk / Return Rank: 67
MTUM Sharpe Ratio Rank: 64
MTUM Sortino Ratio Rank: 62
MTUM Omega Ratio Rank: 63
MTUM Calmar Ratio Rank: 71
MTUM Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NSCR vs. MTUM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Sustainable Core ETF (NSCR) and iShares MSCI USA Momentum Factor ETF (MTUM). 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.

	NSCR	MTUM	Difference
Sharpe ratio Return per unit of total volatility	0.62	2.20	-1.58
Sortino ratio Return per unit of downside risk	0.93	2.98	-2.05
Omega ratio Gain probability vs. loss probability	1.12	1.39	-0.27
Calmar ratio Return relative to maximum drawdown	0.62	3.64	-3.01
Martin ratio Return relative to average drawdown	1.70	14.50	-12.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NSCR vs. MTUM - Sharpe Ratio Comparison

The current NSCR Sharpe Ratio is 0.62, which is lower than the MTUM Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of NSCR and MTUM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NSCR	MTUM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.62	2.20	-1.58
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.74	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.83	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.85	-0.31

Drawdowns

NSCR vs. MTUM - Drawdown Comparison

The maximum NSCR drawdown since its inception was -20.75%, smaller than the maximum MTUM drawdown of -34.08%. Use the drawdown chart below to compare losses from any high point for NSCR and MTUM.

Drawdown Indicators

	NSCR	MTUM	Difference
Max Drawdown Largest peak-to-trough decline	-20.75%	-34.08%	+13.33%
Max Drawdown (1Y) Largest decline over 1 year	-11.81%	-11.54%	-0.27%
Max Drawdown (3Y) Largest decline over 3 years	—	-20.99%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.28%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.08%	—
Current Drawdown Current decline from peak	-7.98%	0.00%	-7.98%
Average Drawdown Average peak-to-trough decline	-3.33%	-6.21%	+2.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.29%	2.89%	+1.40%

Volatility

NSCR vs. MTUM - Volatility Comparison

The current volatility for Nuveen Sustainable Core ETF (NSCR) is 0.00%, while iShares MSCI USA Momentum Factor ETF (MTUM) has a volatility of 7.68%. This indicates that NSCR experiences smaller price fluctuations and is considered to be less risky than MTUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NSCR	MTUM	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.00%	7.68%	-7.68%
Volatility (6M) Calculated over the trailing 6-month period	8.25%	16.46%	-8.21%
Volatility (1Y) Calculated over the trailing 1-year period	11.81%	19.04%	-7.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.97%	20.60%	-4.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.97%	21.03%	-5.06%

NSCR vs. MTUM - Expense Ratio Comparison

NSCR has a 0.45% expense ratio, which is higher than MTUM's 0.15% expense ratio.

Dividends

NSCR vs. MTUM - Dividend Comparison

NSCR's dividend yield for the trailing twelve months is around 16.34%, more than MTUM's 0.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MTUM iShares MSCI USA Momentum Factor ETF	0.60%	0.91%	0.75%	1.35%	1.80%	0.55%	0.83%	1.48%	1.27%	1.02%	1.43%	1.12%
NSCR Nuveen Sustainable Core ETF	16.34%	1.92%	1.57%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NSCR and MTUM in my portfolio?

NSCR and MTUM have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NSCR or MTUM?

MTUM has higher volatility (7.68%) compared to NSCR (0.00%). In terms of maximum drawdown, NSCR dropped -20.75% vs MTUM's -34.08%.

Which ETF is better, NSCR or MTUM?

On 1-year performance, MTUM leads with 41.76% vs 7.29% for NSCR. On fees, MTUM is cheaper at 0.15% per year. On volatility, NSCR has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NSCR or MTUM?

Over the 1-year period, MTUM has performed better with a 41.76% return vs 7.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NSCR or MTUM?

MTUM is cheaper with a 0.15% expense ratio, compared with 0.45% for NSCR.

Which ETF pays a higher dividend yield, NSCR or MTUM?

NSCR has the higher dividend yield at 16.34%, compared with 0.60% for MTUM.

What is the main difference between NSCR and MTUM?

NSCR is categorized as Large Cap Blend Equities, while MTUM is Momentum. They also come from different issuers: Nuveen and iShares. Their fees differ too: 0.45% for NSCR and 0.15% for MTUM.

Which has better risk-adjusted returns?

MTUM currently has the higher Sharpe Ratio (2.20 vs 0.62), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.