NUGO vs. FBCG
Compare and contrast key facts about Nuveen Growth Opportunities ETF (NUGO) and Fidelity Blue Chip Growth ETF (FBCG).
NUGO and FBCG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NUGO is an actively managed fund by Nuveen. It was launched on Sep 27, 2021. FBCG is an actively managed fund by Fidelity. It was launched on Jun 3, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NUGO or FBCG.
Correlation
The correlation between NUGO and FBCG is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NUGO vs. FBCG - Performance Comparison
Key characteristics
NUGO:
1.20
FBCG:
1.44
NUGO:
1.68
FBCG:
1.96
NUGO:
1.22
FBCG:
1.26
NUGO:
1.65
FBCG:
1.96
NUGO:
6.15
FBCG:
7.21
NUGO:
4.02%
FBCG:
4.17%
NUGO:
20.62%
FBCG:
20.97%
NUGO:
-38.01%
FBCG:
-43.56%
NUGO:
-4.25%
FBCG:
-4.25%
Returns By Period
In the year-to-date period, NUGO achieves a 0.34% return, which is significantly lower than FBCG's 0.80% return.
NUGO
0.34%
-3.35%
8.29%
21.28%
N/A
N/A
FBCG
0.80%
-3.95%
10.71%
25.64%
N/A
N/A
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NUGO vs. FBCG - Expense Ratio Comparison
NUGO has a 0.56% expense ratio, which is lower than FBCG's 0.59% expense ratio.
Risk-Adjusted Performance
NUGO vs. FBCG — Risk-Adjusted Performance Rank
NUGO
FBCG
NUGO vs. FBCG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Growth Opportunities ETF (NUGO) and Fidelity Blue Chip Growth ETF (FBCG). 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.
Dividends
NUGO vs. FBCG - Dividend Comparison
NUGO has not paid dividends to shareholders, while FBCG's dividend yield for the trailing twelve months is around 0.12%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
NUGO Nuveen Growth Opportunities ETF | 0.00% | 0.00% | 0.19% | 0.26% | 0.00% | 0.00% |
FBCG Fidelity Blue Chip Growth ETF | 0.12% | 0.12% | 0.02% | 0.00% | 0.00% | 0.01% |
Drawdowns
NUGO vs. FBCG - Drawdown Comparison
The maximum NUGO drawdown since its inception was -38.01%, smaller than the maximum FBCG drawdown of -43.56%. Use the drawdown chart below to compare losses from any high point for NUGO and FBCG. For additional features, visit the drawdowns tool.
Volatility
NUGO vs. FBCG - Volatility Comparison
The current volatility for Nuveen Growth Opportunities ETF (NUGO) is 5.87%, while Fidelity Blue Chip Growth ETF (FBCG) has a volatility of 7.03%. This indicates that NUGO experiences smaller price fluctuations and is considered to be less risky than FBCG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.