NUDM vs. NUMG

Last updated Apr 1, 2026

Compare and contrast key facts about Nuveen ESG International Developed Markets Equity ETF (NUDM) and Nuveen ESG Mid-Cap Growth ETF (NUMG).

NUDM and NUMG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NUDM is a passively managed fund by Nuveen that tracks the performance of the MSCI TIAA ESG International DM. It was launched on Jun 7, 2017. NUMG is a passively managed fund by Nuveen that tracks the performance of the MSCI TIAA ESG USA Mid Cap Growth. It was launched on Dec 13, 2016. Both NUDM and NUMG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

NUDM vs. NUMG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen ESG International Developed Markets Equity ETF (NUDM) and Nuveen ESG Mid-Cap Growth ETF (NUMG). The values are adjusted to include any dividend payments, if applicable.

NUDM vs. NUMG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NUDM Nuveen ESG International Developed Markets Equity ETF	-0.28%	29.60%	5.47%	17.70%	-15.16%	10.62%	10.06%	24.58%	-14.82%	8.40%
NUMG Nuveen ESG Mid-Cap Growth ETF	-13.96%	0.78%	11.99%	20.47%	-28.31%	12.27%	45.73%	34.87%	-5.79%	9.15%

Returns By Period

In the year-to-date period, NUDM achieves a -0.28% return, which is significantly higher than NUMG's -13.96% return.

NUDM

• 1D: 3.56%
• 1M: -9.02%
• YTD: -0.28%
• 6M: 3.27%
• 1Y: 21.98%
• 3Y*: 13.76%
• 5Y*: 7.54%
• 10Y*: —

NUMG

• 1D: 3.29%
• 1M: -6.68%
• YTD: -13.96%
• 6M: -15.60%
• 1Y: -4.28%
• 3Y*: 2.51%
• 5Y*: -1.83%
• 10Y*: —

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

NUDM vs. NUMG - Expense Ratio Comparison

Both NUDM and NUMG have an expense ratio of 0.30%.

NUDM

Nuveen ESG International Developed Markets Equity ETF

NUMG

Nuveen ESG Mid-Cap Growth ETF

Return for Risk

NUDM vs. NUMG — Risk / Return Rank

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

NUDM

NUDM Risk / Return Rank: 68
NUDM Sharpe Ratio Rank: 70
NUDM Sortino Ratio Rank: 69
NUDM Omega Ratio Rank: 66
NUDM Calmar Ratio Rank: 66
NUDM Martin Ratio Rank: 66

NUMG

NUMG Risk / Return Rank: 8
NUMG Sharpe Ratio Rank: 8
NUMG Sortino Ratio Rank: 8
NUMG Omega Ratio Rank: 8
NUMG Calmar Ratio Rank: 8
NUMG Martin Ratio Rank: 7

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.

NUDM vs. NUMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen ESG International Developed Markets Equity ETF (NUDM) and Nuveen ESG Mid-Cap Growth ETF (NUMG). 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.

	NUDM	NUMG	Difference
Sharpe ratio Return per unit of total volatility	1.24	-0.18	+1.43
Sortino ratio Return per unit of downside risk	1.74	-0.10	+1.84
Omega ratio Gain probability vs. loss probability	1.24	0.99	+0.26
Calmar ratio Return relative to maximum drawdown	1.66	-0.21	+1.88
Martin ratio Return relative to average drawdown	6.66	-0.65	+7.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NUDM vs. NUMG - Sharpe Ratio Comparison

The current NUDM Sharpe Ratio is 1.24, which is higher than the NUMG Sharpe Ratio of -0.18. The chart below compares the historical Sharpe Ratios of NUDM and NUMG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NUDM	NUMG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.24	-0.18	+1.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	-0.08	+0.54
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.37	+0.07

Correlation

The correlation between NUDM and NUMG is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

NUDM vs. NUMG - Dividend Comparison

NUDM's dividend yield for the trailing twelve months is around 7.48%, more than NUMG's 0.01% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
NUDM Nuveen ESG International Developed Markets Equity ETF	7.48%	7.46%	3.33%	3.14%	1.98%	4.31%	1.47%	3.42%	2.45%	0.47%
NUMG Nuveen ESG Mid-Cap Growth ETF	0.01%	0.01%	0.06%	0.18%	0.18%	12.76%	3.82%	0.27%	5.14%	0.56%

Drawdowns

NUDM vs. NUMG - Drawdown Comparison

The maximum NUDM drawdown since its inception was -32.01%, smaller than the maximum NUMG drawdown of -38.85%. Use the drawdown chart below to compare losses from any high point for NUDM and NUMG.

Drawdown Indicators

	NUDM	NUMG	Difference
Max Drawdown Largest peak-to-trough decline	-32.01%	-38.85%	+6.84%
Max Drawdown (1Y) Largest decline over 1 year	-12.50%	-19.71%	+7.21%
Max Drawdown (5Y) Largest decline over 5 years	-30.09%	-38.85%	+8.76%
Current Drawdown Current decline from peak	-9.16%	-21.68%	+12.52%
Average Drawdown Average peak-to-trough decline	-6.92%	-11.30%	+4.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.12%	6.47%	-3.35%

Volatility

NUDM vs. NUMG - Volatility Comparison

Nuveen ESG International Developed Markets Equity ETF (NUDM) has a higher volatility of 8.28% compared to Nuveen ESG Mid-Cap Growth ETF (NUMG) at 6.83%. This indicates that NUDM's price experiences larger fluctuations and is considered to be riskier than NUMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NUDM	NUMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.28%	6.83%	+1.45%
Volatility (6M) Calculated over the trailing 6-month period	11.67%	14.15%	-2.48%
Volatility (1Y) Calculated over the trailing 1-year period	17.77%	23.42%	-5.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.47%	22.83%	-6.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.56%	21.92%	-4.36%