NU vs. SGOV
NU (Nu Holdings Ltd.) is a stock, while SGOV (iShares 0-3 Month Treasury Bond ETF) is Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Over the past 3 years, NU returned 18.50%/yr vs 4.67%/yr for SGOV. At a correlation of -0.03, they often move in opposite directions.
Performance
NU vs. SGOV - Performance Comparison
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Returns By Period
In the year-to-date period, NU achieves a -21.57% return, which is significantly lower than SGOV's 1.77% return.
NU
- 1D
- -0.30%
- 1M
- -0.00%
- YTD
- -21.57%
- 6M
- -21.19%
- 1Y
- -0.91%
- 3Y*
- 18.50%
- 5Y*
- —
- 10Y*
- —
SGOV
- 1D
- 0.02%
- 1M
- 0.30%
- YTD
- 1.77%
- 6M
- 1.79%
- 1Y
- 3.91%
- 3Y*
- 4.67%
- 5Y*
- 3.59%
- 10Y*
- —
NU vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NU Nu Holdings Ltd. | -21.57% | 61.58% | 24.37% | 104.67% | -56.61% | -16.62% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.77% | 4.24% | 5.27% | 5.12% | 1.58% | 0.01% |
Correlation
The correlation between NU and SGOV is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.06 |
Correlation (All Time) Calculated using the full available price history since Dec 9, 2021 | -0.03 |
The correlation between NU and SGOV shifts across timeframes, from -0.18 (1 year) to -0.03 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NU vs. SGOV — Risk / Return Rank
NU
SGOV
NU vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nu Holdings Ltd. (NU) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
| NU | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -20.46 | ||
| Sortino ratioReturn per unit of downside risk | -272.63 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 193.55 | -192.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 394.03 | -394.05 |
| Martin ratioReturn relative to average drawdown | -0.05 | 4,415.26 | -4,415.32 |
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Drawdowns
NU vs. SGOV - Drawdown Comparison
The maximum NU drawdown since its inception was -72.07%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for NU and SGOV.
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Drawdown Indicators
| NU | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.07% | -0.03% | -72.04% |
Max Drawdown (1Y)Largest decline over 1 year | -38.17% | -0.01% | -38.16% |
Max Drawdown (3Y)Largest decline over 3 years | -39.58% | -0.01% | -39.57% |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.03% | — |
Current DrawdownCurrent decline from peak | -30.01% | 0.00% | -30.01% |
Average DrawdownAverage peak-to-trough decline | -29.79% | -0.00% | -29.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.64% | 0.00% | +16.64% |
Volatility
NU vs. SGOV - Volatility Comparison
Nu Holdings Ltd. (NU) has a higher volatility of 13.84% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.04%. This indicates that NU's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NU | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.84% | 0.04% | +13.80% |
Volatility (6M)Calculated over the trailing 6-month period | 29.35% | 0.12% | +29.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.57% | 0.19% | +37.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.32% | 0.24% | +58.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.32% | 0.24% | +58.08% |
Dividends
NU vs. SGOV - Dividend Comparison
NU has not paid dividends to shareholders, while SGOV's dividend yield for the trailing twelve months is around 3.85%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
NU Nu Holdings Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.85% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% |
Frequently Asked Questions
NU and SGOV have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NU has higher volatility (13.84%) compared to SGOV (0.04%). In terms of maximum drawdown, NU dropped -72.07% vs SGOV's -0.03%.
SGOV currently has the higher Sharpe Ratio (20.43 vs -0.02), 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.
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