NUMG vs. IBID
NUMG (Nuveen ESG Mid-Cap Growth ETF) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both exchange-traded funds - NUMG is a Mid Cap Growth Equities fund tracking the MSCI TIAA ESG USA Mid Cap Growth, while IBID is a Inflation-Protected Bonds fund tracking the ICE 2027 Maturity US Inflation-Linked Treasury Index. Both are passively managed. Over the past year, NUMG returned -4.50% vs 4.10% for IBID. At a 0.02 correlation, their price movements are largely independent. NUMG charges 0.30%/yr vs 0.10%/yr for IBID.
Performance
NUMG vs. IBID - Performance Comparison
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Returns By Period
In the year-to-date period, NUMG achieves a -5.14% return, which is significantly lower than IBID's 2.05% return.
NUMG
- 1D
- 0.15%
- 1M
- -2.10%
- YTD
- -5.14%
- 6M
- -6.91%
- 1Y
- -4.50%
- 3Y*
- 6.37%
- 5Y*
- -1.04%
- 10Y*
- —
IBID
- 1D
- 0.11%
- 1M
- -0.11%
- YTD
- 2.05%
- 6M
- 2.10%
- 1Y
- 4.10%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NUMG vs. IBID - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NUMG Nuveen ESG Mid-Cap Growth ETF | -5.14% | 0.78% | 11.99% | 11.22% |
IBID iShares iBonds Oct 2027 Term TIPS ETF | 2.05% | 5.66% | 4.71% | 2.61% |
Correlation
The correlation between NUMG and IBID is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.08 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023 | 0.02 |
The correlation between NUMG and IBID shifts across timeframes, from -0.08 (1 year) to 0.02 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
NUMG vs. IBID — Risk / Return Rank
NUMG
IBID
NUMG vs. IBID - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen ESG Mid-Cap Growth ETF (NUMG) and iShares iBonds Oct 2027 Term TIPS ETF (IBID). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NUMG | IBID | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.58 | ||
| Sortino ratioReturn per unit of downside risk | -5.87 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.76 | -0.78 |
| Calmar ratioReturn relative to maximum drawdown | -0.23 | 7.49 | -7.72 |
| Martin ratioReturn relative to average drawdown | -0.58 | 28.95 | -29.53 |
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Drawdowns
NUMG vs. IBID - Drawdown Comparison
The maximum NUMG drawdown since its inception was -38.85%, which is greater than IBID's maximum drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for NUMG and IBID.
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Drawdown Indicators
| NUMG | IBID | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.85% | -1.28% | -37.57% |
Max Drawdown (1Y)Largest decline over 1 year | -19.71% | -0.55% | -19.16% |
Max Drawdown (3Y)Largest decline over 3 years | -26.58% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -38.85% | — | — |
Current DrawdownCurrent decline from peak | -13.65% | -0.44% | -13.21% |
Average DrawdownAverage peak-to-trough decline | -11.37% | -0.22% | -11.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.82% | 0.14% | +7.68% |
Volatility
NUMG vs. IBID - Volatility Comparison
Nuveen ESG Mid-Cap Growth ETF (NUMG) has a higher volatility of 6.32% compared to iShares iBonds Oct 2027 Term TIPS ETF (IBID) at 0.37%. This indicates that NUMG's price experiences larger fluctuations and is considered to be riskier than IBID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NUMG | IBID | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.32% | 0.37% | +5.95% |
Volatility (6M)Calculated over the trailing 6-month period | 15.07% | 0.86% | +14.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.62% | 1.23% | +17.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.94% | 2.24% | +20.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.86% | 2.24% | +19.62% |
NUMG vs. IBID - Expense Ratio Comparison
NUMG has a 0.30% expense ratio, which is higher than IBID's 0.10% expense ratio.
Dividends
NUMG vs. IBID - Dividend Comparison
NUMG's dividend yield for the trailing twelve months is around 0.01%, less than IBID's 3.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
IBID iShares iBonds Oct 2027 Term TIPS ETF | 3.68% | 4.43% | 4.24% | 0.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NUMG Nuveen ESG Mid-Cap Growth ETF | 0.01% | 0.01% | 0.06% | 0.18% | 0.18% | 12.76% | 3.82% | 0.27% | 5.14% | 0.56% |
Frequently Asked Questions
NUMG and IBID have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NUMG has higher volatility (6.32%) compared to IBID (0.37%). In terms of maximum drawdown, NUMG dropped -38.85% vs IBID's -1.28%.
On 1-year performance, IBID leads with 4.10% vs -4.50% for NUMG. On fees, IBID is cheaper at 0.10% per year. On volatility, IBID has been the lower-risk option at 0.37%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IBID has performed better with a 4.10% return vs -4.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBID is cheaper with a 0.10% expense ratio, compared with 0.30% for NUMG.
IBID has the higher dividend yield at 3.68%, compared with 0.01% for NUMG.
NUMG is categorized as Mid Cap Growth Equities, while IBID is Inflation-Protected Bonds. NUMG tracks MSCI TIAA ESG USA Mid Cap Growth, while IBID tracks ICE 2027 Maturity US Inflation-Linked Treasury Index. They also come from different issuers: Nuveen and iShares. Their fees differ too: 0.30% for NUMG and 0.10% for IBID.
IBID currently has the higher Sharpe Ratio (3.34 vs -0.24), 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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