NUMG vs. IWP
Compare and contrast key facts about Nuveen ESG Mid-Cap Growth ETF (NUMG) and iShares Russell Midcap Growth ETF (IWP).
NUMG and IWP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NUMG is a passively managed fund by Nuveen that tracks the performance of the MSCI TIAA ESG USA Mid Cap Growth. It was launched on Dec 13, 2016. IWP is a passively managed fund by iShares that tracks the performance of the Russell Midcap Growth Index. It was launched on Jul 17, 2001. Both NUMG and IWP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NUMG or IWP.
Correlation
The correlation between NUMG and IWP is 0.92, 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
NUMG vs. IWP - Performance Comparison
Key characteristics
NUMG:
1.02
IWP:
1.73
NUMG:
1.45
IWP:
2.34
NUMG:
1.18
IWP:
1.30
NUMG:
0.71
IWP:
1.61
NUMG:
4.15
IWP:
9.00
NUMG:
4.25%
IWP:
3.08%
NUMG:
17.33%
IWP:
16.05%
NUMG:
-38.85%
IWP:
-56.92%
NUMG:
-7.15%
IWP:
-6.14%
Returns By Period
In the year-to-date period, NUMG achieves a 15.12% return, which is significantly lower than IWP's 24.89% return.
NUMG
15.12%
0.25%
16.80%
15.83%
10.33%
N/A
IWP
24.89%
-0.25%
17.73%
25.84%
11.79%
11.57%
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NUMG vs. IWP - Expense Ratio Comparison
NUMG has a 0.30% expense ratio, which is higher than IWP's 0.24% expense ratio.
Risk-Adjusted Performance
NUMG vs. IWP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen ESG Mid-Cap Growth ETF (NUMG) and iShares Russell Midcap Growth ETF (IWP). 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
NUMG vs. IWP - Dividend Comparison
NUMG has not paid dividends to shareholders, while IWP's dividend yield for the trailing twelve months is around 0.39%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NUMG Nuveen ESG Mid-Cap Growth ETF | 0.00% | 0.18% | 0.18% | 12.71% | 3.82% | 0.27% | 5.14% | 0.56% | 0.00% | 0.00% | 0.00% | 0.00% |
IWP iShares Russell Midcap Growth ETF | 0.39% | 0.54% | 0.77% | 0.30% | 0.38% | 0.60% | 1.02% | 0.78% | 1.47% | 0.98% | 1.03% | 0.79% |
Drawdowns
NUMG vs. IWP - Drawdown Comparison
The maximum NUMG drawdown since its inception was -38.85%, smaller than the maximum IWP drawdown of -56.92%. Use the drawdown chart below to compare losses from any high point for NUMG and IWP. For additional features, visit the drawdowns tool.
Volatility
NUMG vs. IWP - Volatility Comparison
Nuveen ESG Mid-Cap Growth ETF (NUMG) and iShares Russell Midcap Growth ETF (IWP) have volatilities of 6.37% and 6.40%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.