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.
Key characteristics
| NUGO | FBCG | |
|---|---|---|
| YTD Return | 25.57% | 24.65% |
| 1Y Return | 35.95% | 35.59% |
| Sharpe Ratio | 1.83 | 1.80 |
| Daily Std Dev | 20.01% | 20.34% |
| Max Drawdown | -38.01% | -43.56% |
| Current Drawdown | -4.74% | -6.17% |
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
The year-to-date returns for both stocks are quite close, with NUGO having a 25.57% return and FBCG slightly lower at 24.65%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 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's dividend yield for the trailing twelve months is around 0.15%, more than FBCG's 0.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
NUGO Nuveen Growth Opportunities ETF | 0.15% | 0.19% | 0.26% | 0.00% | 0.00% |
FBCG Fidelity Blue Chip Growth ETF | 0.02% | 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
Nuveen Growth Opportunities ETF (NUGO) has a higher volatility of 7.39% compared to Fidelity Blue Chip Growth ETF (FBCG) at 7.03%. This indicates that NUGO's price experiences larger fluctuations and is considered to be riskier than FBCG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.