NUEM vs. USD=X
NUEM (Nuveen ESG Emerging Markets Equity ETF) is Emerging Markets Equities fund tracking the MSCI TIAA ESG Emerging Markets, while USD=X (USD Cash) is a currency. Over the past 5 years, NUEM returned 4.15%/yr vs 0.00%/yr for USD=X.
Performance
NUEM vs. USD=X - Performance Comparison
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Returns By Period
NUEM
- 1D
- -4.61%
- 1M
- -5.75%
- YTD
- 12.28%
- 6M
- 13.23%
- 1Y
- 31.83%
- 3Y*
- 16.57%
- 5Y*
- 4.15%
- 10Y*
- —
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
NUEM vs. USD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NUEM Nuveen ESG Emerging Markets Equity ETF | 12.28% | 27.12% | 9.73% | 8.57% | -19.74% | -1.08% | 24.09% | 16.67% | -17.26% | 18.50% |
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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Return for Risk
NUEM vs. USD=X — Risk / Return Rank
NUEM
USD=X
NUEM vs. USD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen ESG Emerging Markets Equity ETF (NUEM) and USD Cash (USD=X). 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.
| NUEM | USD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.32 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.77 | — | — |
| Martin ratioReturn relative to average drawdown | 9.62 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NUEM | USD=X | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.66 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | — | — |
Drawdowns
NUEM vs. USD=X - Drawdown Comparison
The maximum NUEM drawdown since its inception was -39.48%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for NUEM and USD=X.
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Drawdown Indicators
| NUEM | USD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.48% | 0.00% | -39.48% |
Max Drawdown (1Y)Largest decline over 1 year | -11.56% | 0.00% | -11.56% |
Max Drawdown (3Y)Largest decline over 3 years | -17.58% | 0.00% | -17.58% |
Max Drawdown (5Y)Largest decline over 5 years | -38.10% | 0.00% | -38.10% |
Max Drawdown (10Y)Largest decline over 10 years | — | 0.00% | — |
Current DrawdownCurrent decline from peak | -6.98% | 0.00% | -6.98% |
Average DrawdownAverage peak-to-trough decline | -15.02% | 0.00% | -15.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.32% | 0.00% | +3.32% |
Volatility
NUEM vs. USD=X - Volatility Comparison
Nuveen ESG Emerging Markets Equity ETF (NUEM) has a higher volatility of 7.93% compared to USD Cash (USD=X) at 0.00%. This indicates that NUEM's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NUEM | USD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.93% | 0.00% | +7.93% |
Volatility (6M)Calculated over the trailing 6-month period | 16.61% | 0.00% | +16.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.28% | 0.00% | +19.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.82% | 0.00% | +19.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.23% | 0.00% | +20.23% |
Frequently Asked Questions
NUEM has higher volatility (7.93%) compared to USD=X (0.00%). In terms of maximum drawdown, NUEM dropped -39.48% vs USD=X's 0.00%.
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