NUGO vs. GARP
Compare and contrast key facts about Nuveen Growth Opportunities ETF (NUGO) and iShares MSCI USA Quality GARP ETF (GARP).
NUGO and GARP 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. GARP is a passively managed fund by iShares that tracks the performance of the MSCI USA Quality GARP Select Index. It was launched on Jan 14, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NUGO or GARP.
Correlation
The correlation between NUGO and GARP 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. GARP - Performance Comparison
Key characteristics
NUGO:
1.24
GARP:
1.62
NUGO:
1.73
GARP:
2.16
NUGO:
1.23
GARP:
1.29
NUGO:
1.70
GARP:
2.31
NUGO:
6.36
GARP:
8.48
NUGO:
4.01%
GARP:
3.66%
NUGO:
20.57%
GARP:
19.16%
NUGO:
-38.01%
GARP:
-31.34%
NUGO:
-1.58%
GARP:
-0.20%
Returns By Period
In the year-to-date period, NUGO achieves a 3.14% return, which is significantly lower than GARP's 5.03% return.
NUGO
3.14%
4.81%
12.44%
25.93%
N/A
N/A
GARP
5.03%
5.76%
14.60%
31.18%
19.23%
N/A
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NUGO vs. GARP - Expense Ratio Comparison
NUGO has a 0.56% expense ratio, which is higher than GARP's 0.15% expense ratio.
Risk-Adjusted Performance
NUGO vs. GARP — Risk-Adjusted Performance Rank
NUGO
GARP
NUGO vs. GARP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Growth Opportunities ETF (NUGO) and iShares MSCI USA Quality GARP ETF (GARP). 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. GARP - Dividend Comparison
NUGO has not paid dividends to shareholders, while GARP's dividend yield for the trailing twelve months is around 0.37%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
NUGO Nuveen Growth Opportunities ETF | 0.00% | 0.00% | 0.19% | 0.26% | 0.00% | 0.00% |
GARP iShares MSCI USA Quality GARP ETF | 0.37% | 0.39% | 0.75% | 1.85% | 0.67% | 0.75% |
Drawdowns
NUGO vs. GARP - Drawdown Comparison
The maximum NUGO drawdown since its inception was -38.01%, which is greater than GARP's maximum drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for NUGO and GARP. For additional features, visit the drawdowns tool.
Volatility
NUGO vs. GARP - Volatility Comparison
Nuveen Growth Opportunities ETF (NUGO) has a higher volatility of 6.25% compared to iShares MSCI USA Quality GARP ETF (GARP) at 5.61%. This indicates that NUGO's price experiences larger fluctuations and is considered to be riskier than GARP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.