NUMG vs. QQQN

Last updated Aug 2, 2026

NUMG (Nuveen ESG Mid-Cap Growth ETF) and QQQN (VictoryShares Nasdaq Next 50 ETF) are both Mid Cap Growth Equities funds - NUMG tracks the MSCI TIAA ESG USA Mid Cap Growth while QQQN tracks the Nasdaq Q-50 Index. Both are passively managed. NUMG charges 0.30%/yr vs 0.18%/yr for QQQN.

Performance

NUMG vs. QQQN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen ESG Mid-Cap Growth ETF (NUMG) and VictoryShares Nasdaq Next 50 ETF (QQQN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NUMG

• 1D: 0.35%
• 1M: -1.85%
• 6M: 1.90%
• YTD: -3.57%
• 1Y: -3.04%
• 3Y*: 4.79%
• 5Y*: -1.11%
• 10Y*: —
• ALL TIME*: 9.07%

QQQN

• 1D: 0.00%
• 1M: 0.00%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NUMG Nuveen ESG Mid-Cap Growth ETF	$601.10K	$621.84K	$1.03M
QQQN VictoryShares Nasdaq Next 50 ETF	$0.00	$0.00	$0.00

NUMG vs. QQQN - Yearly Performance Comparison

	2026 (YTD)
NUMG Nuveen ESG Mid-Cap Growth ETF	8.30%
QQQN VictoryShares Nasdaq Next 50 ETF	0.00%

NUMG vs. QQQN - Sectors Allocation Comparison

Sectors	NUMG	QQQN
Technology	32.4%	47.3%
Industrials	19.2%	8.7%
Healthcare	16.3%	19.9%
Consumer Cyclical	15.1%	13.7%
Financial Services	7.9%	-
Communication Services	4.7%	5.5%
Real Estate	2.3%	-
Basic Materials	2.2%	1.9%
Utilities	1.2%	1.6%
Consumer Defensive	-	1.4%
Energy	-	-

Return for Risk

NUMG vs. QQQN — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NUMG

NUMG Risk / Return Rank: 7
NUMG Sharpe Ratio Rank: 7
NUMG Sortino Ratio Rank: 7
NUMG Omega Ratio Rank: 7
NUMG Calmar Ratio Rank: 7
NUMG Martin Ratio Rank: 6

QQQN

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NUMG vs. QQQN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen ESG Mid-Cap Growth ETF (NUMG) and VictoryShares Nasdaq Next 50 ETF (QQQN). 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	QQQN	Difference
Sharpe ratio: Return per unit of total volatility	-0.29	—	—
Sortino ratio: Return per unit of downside risk	-0.28	—	—
Omega ratio: Gain probability vs. loss probability	0.97	—	—
Calmar ratio: Return relative to maximum drawdown	-0.28	—	—
Martin ratio: Return relative to average drawdown	-0.69	—	—

Drawdowns

NUMG vs. QQQN - Drawdown Comparison

The maximum NUMG drawdown since its inception was -38.85%, which is greater than QQQN's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for NUMG and QQQN.

Drawdown Indicators

	NUMG	QQQN	Difference
Max Drawdown Largest peak-to-trough decline	-38.85%	0.00%	-38.85%
Max Drawdown (1Y) Largest decline over 1 year	-19.56%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-26.58%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-38.85%	—	—
Current Drawdown Current decline from peak	-12.22%	0.00%	-12.22%
Average Drawdown Average peak-to-trough decline	-11.38%	0.00%	-11.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.88%	—	—

Volatility

Volatility by Period

	NUMG	QQQN	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.15%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.79%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.86%	0.00%	+18.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.96%	0.00%	+22.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.80%	0.00%	+21.80%

NUMG vs. QQQN - Expense Ratio Comparison

NUMG has a 0.30% expense ratio, which is higher than QQQN's 0.18% expense ratio.

Dividends

NUMG vs. QQQN - Dividend Comparison

NUMG's dividend yield for the trailing twelve months is around 0.01%, while QQQN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
QQQN VictoryShares Nasdaq Next 50 ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, NUMG or QQQN?

On fees, QQQN is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NUMG or QQQN?

QQQN is cheaper with a 0.18% expense ratio, compared with 0.30% for NUMG.

Which ETF pays a higher dividend yield, NUMG or QQQN?

NUMG has the higher dividend yield at 0.01%, compared with 0.00% for QQQN.

What is the main difference between NUMG and QQQN?

NUMG tracks MSCI TIAA ESG USA Mid Cap Growth, while QQQN tracks Nasdaq Q-50 Index. They also come from different issuers: Nuveen and VictoryShares. Their fees differ too: 0.30% for NUMG and 0.18% for QQQN.