NUGO vs. FITZ
NUGO (Nuveen Growth Opportunities ETF) and FITZ (Fitz-Gerald Must Have Portfolio ETF) are both Large Cap Growth Equities funds. Both are actively managed. At a 0.30 correlation, their price movements are largely independent. NUGO charges 0.56%/yr vs 0.75%/yr for FITZ.
Performance
NUGO vs. FITZ - Performance Comparison
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Returns By Period
NUGO
- 1D
- -0.25%
- 1M
- 4.72%
- YTD
- 9.96%
- 6M
- 8.88%
- 1Y
- 26.78%
- 3Y*
- 25.80%
- 5Y*
- —
- 10Y*
- —
FITZ
- 1D
- -0.20%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NUGO vs. FITZ - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
NUGO Nuveen Growth Opportunities ETF | -0.19% |
FITZ Fitz-Gerald Must Have Portfolio ETF | -1.66% |
Correlation
The correlation between NUGO and FITZ is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 29, 2026 | 0.30 |
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Return for Risk
NUGO vs. FITZ — Risk / Return Rank
NUGO
FITZ
NUGO vs. FITZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Growth Opportunities ETF (NUGO) and Fitz-Gerald Must Have Portfolio ETF (FITZ). 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.
| NUGO | FITZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.26 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.53 | — | — |
| Martin ratioReturn relative to average drawdown | 4.99 | — | — |
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
| NUGO | FITZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.52 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | -7.29 | +7.88 |
Drawdowns
NUGO vs. FITZ - Drawdown Comparison
The maximum NUGO drawdown since its inception was -38.01%, which is greater than FITZ's maximum drawdown of -1.97%. Use the drawdown chart below to compare losses from any high point for NUGO and FITZ.
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Drawdown Indicators
| NUGO | FITZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.01% | -1.97% | -36.04% |
Max Drawdown (1Y)Largest decline over 1 year | -17.54% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -25.12% | — | — |
Current DrawdownCurrent decline from peak | -1.64% | -1.97% | +0.33% |
Average DrawdownAverage peak-to-trough decline | -12.05% | -1.08% | -10.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.38% | — | — |
Volatility
NUGO vs. FITZ - Volatility Comparison
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Volatility by Period
| NUGO | FITZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.19% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 13.35% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.70% | 8.74% | +8.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.11% | 8.74% | +14.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.11% | 8.74% | +14.37% |
NUGO vs. FITZ - Expense Ratio Comparison
NUGO has a 0.56% expense ratio, which is lower than FITZ's 0.75% expense ratio.
Dividends
NUGO vs. FITZ - Dividend Comparison
Neither NUGO nor FITZ has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
FITZ Fitz-Gerald Must Have Portfolio ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NUGO Nuveen Growth Opportunities ETF | 0.00% | 0.00% | 0.00% | 0.19% | 0.26% | 0.00% |
Frequently Asked Questions
NUGO and FITZ have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NUGO is cheaper at 0.56% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NUGO is cheaper with a 0.56% expense ratio, compared with 0.75% for FITZ.
NUGO and FITZ have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Nuveen and Nicholas. Their fees differ too: 0.56% for NUGO and 0.75% for FITZ.
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