NUGO vs. IBIC
NUGO (Nuveen Growth Opportunities ETF) and IBIC (iShares iBonds Oct 2026 Term TIPS ETF) are both exchange-traded funds - NUGO is a Large Cap Growth Equities fund actively managed by Nuveen, while IBIC is a Inflation-Protected Bonds fund tracking the ICE 2026 Maturity US Inflation-Linked Treasury Index. NUGO is actively managed, while IBIC is passively managed. Over the past year, NUGO returned 27.74% vs 4.54% for IBIC. At a correlation of -0.10, they often move in opposite directions. NUGO charges 0.56%/yr vs 0.10%/yr for IBIC.
Performance
NUGO vs. IBIC - Performance Comparison
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Returns By Period
In the year-to-date period, NUGO achieves a 10.24% return, which is significantly higher than IBIC's 2.37% return.
NUGO
- 1D
- -1.39%
- 1M
- 5.87%
- YTD
- 10.24%
- 6M
- 9.17%
- 1Y
- 27.74%
- 3Y*
- 25.96%
- 5Y*
- —
- 10Y*
- —
IBIC
- 1D
- 0.02%
- 1M
- 0.27%
- YTD
- 2.37%
- 6M
- 2.51%
- 1Y
- 4.54%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NUGO vs. IBIC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NUGO Nuveen Growth Opportunities ETF | 10.24% | 14.91% | 35.95% | 10.27% |
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 2.37% | 4.96% | 5.25% | 2.17% |
Correlation
The correlation between NUGO and IBIC is -0.27, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.27 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2023 | -0.10 |
The correlation between NUGO and IBIC shifts across timeframes, from -0.27 (1 year) to -0.10 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NUGO vs. IBIC — Risk / Return Rank
NUGO
IBIC
NUGO vs. IBIC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Growth Opportunities ETF (NUGO) and iShares iBonds Oct 2026 Term TIPS ETF (IBIC). 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 | IBIC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.47 | ||
| Sortino ratioReturn per unit of downside risk | -6.95 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 2.24 | -0.97 |
| Calmar ratioReturn relative to maximum drawdown | 1.59 | 17.27 | -15.68 |
| Martin ratioReturn relative to average drawdown | 5.17 | 67.45 | -62.28 |
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 | IBIC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.57 | 5.05 | -3.47 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 3.49 | -2.90 |
Drawdowns
NUGO vs. IBIC - Drawdown Comparison
The maximum NUGO drawdown since its inception was -38.01%, which is greater than IBIC's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for NUGO and IBIC.
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Drawdown Indicators
| NUGO | IBIC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.01% | -0.90% | -37.11% |
Max Drawdown (1Y)Largest decline over 1 year | -17.54% | -0.26% | -17.28% |
Max Drawdown (3Y)Largest decline over 3 years | -25.12% | — | — |
Current DrawdownCurrent decline from peak | -1.39% | -0.13% | -1.26% |
Average DrawdownAverage peak-to-trough decline | -12.06% | -0.10% | -11.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.38% | 0.07% | +5.31% |
Volatility
NUGO vs. IBIC - Volatility Comparison
Nuveen Growth Opportunities ETF (NUGO) has a higher volatility of 4.21% compared to iShares iBonds Oct 2026 Term TIPS ETF (IBIC) at 0.33%. This indicates that NUGO's price experiences larger fluctuations and is considered to be riskier than IBIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NUGO | IBIC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.21% | 0.33% | +3.88% |
Volatility (6M)Calculated over the trailing 6-month period | 13.36% | 0.67% | +12.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.71% | 0.90% | +16.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.12% | 1.58% | +21.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.12% | 1.58% | +21.54% |
NUGO vs. IBIC - Expense Ratio Comparison
NUGO has a 0.56% expense ratio, which is higher than IBIC's 0.10% expense ratio.
Dividends
NUGO vs. IBIC - Dividend Comparison
NUGO has not paid dividends to shareholders, while IBIC's dividend yield for the trailing twelve months is around 3.59%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
IBIC iShares iBonds Oct 2026 Term TIPS ETF | 3.59% | 4.43% | 4.65% | 0.83% | 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 IBIC have a correlation of -0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NUGO has higher volatility (4.21%) compared to IBIC (0.33%). In terms of maximum drawdown, NUGO dropped -38.01% vs IBIC's -0.90%.
On 1-year performance, NUGO leads with 27.74% vs 4.54% for IBIC. On fees, IBIC is cheaper at 0.10% per year. On volatility, IBIC has been the lower-risk option at 0.33%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, NUGO has performed better with a 27.74% return vs 4.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBIC is cheaper with a 0.10% expense ratio, compared with 0.56% for NUGO.
IBIC has the higher dividend yield at 3.59%, compared with 0.00% for NUGO.
NUGO is categorized as Large Cap Growth Equities, while IBIC is Inflation-Protected Bonds. They also come from different issuers: Nuveen and iShares. Their fees differ too: 0.56% for NUGO and 0.10% for IBIC.
IBIC currently has the higher Sharpe Ratio (5.05 vs 1.57), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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