NUMV vs. WTV

Last updated Jun 24, 2026

NUMV (Nuveen ESG Mid-Cap Value ETF) and WTV (WisdomTree U.S. Value Fund) are both Mid Cap Value Equities funds. NUMV is passively managed, while WTV is actively managed. Over the past 5 years, NUMV returned 7.06%/yr vs 13.43%/yr for WTV. Their correlation of 0.92 suggests significant overlap in exposure. NUMV charges 0.31%/yr vs 0.12%/yr for WTV.

Performance

NUMV vs. WTV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen ESG Mid-Cap Value ETF (NUMV) and WisdomTree U.S. Value Fund (WTV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NUMV achieves a 9.23% return, which is significantly lower than WTV's 10.06% return.

NUMV

• 1D: 0.19%
• 1M: 1.40%
• YTD: 9.23%
• 6M: 8.54%
• 1Y: 21.81%
• 3Y*: 16.61%
• 5Y*: 7.06%
• 10Y*: —

WTV

• 1D: 0.33%
• 1M: 0.27%
• YTD: 10.06%
• 6M: 9.41%
• 1Y: 22.34%
• 3Y*: 21.29%
• 5Y*: 13.43%
• 10Y*: —

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

NUMV vs. WTV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NUMV Nuveen ESG Mid-Cap Value ETF	9.23%	14.05%	12.31%	8.43%	-14.97%	31.15%	0.91%	29.81%	-11.91%	2.25%
WTV WisdomTree U.S. Value Fund	10.06%	13.51%	23.99%	22.35%	-8.06%	30.59%	6.15%	29.69%	-8.29%	1.58%

Correlation

The correlation between NUMV and WTV is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (All Time) Calculated using the full available price history since Dec 15, 2017	0.92

The correlation between NUMV and WTV has been stable across timeframes, ranging from 0.88 to 0.94 - a consistent structural relationship.

NUMV vs. WTV - Sectors Allocation Comparison

Sectors	NUMV	WTV
Financial Services	18.0%	18.5%
Technology	17.3%	18.3%
Industrials	12.9%	10.3%
Real Estate	8.6%	5.4%
Healthcare	8.4%	7.5%
Consumer Defensive	8.1%	9.9%
Consumer Cyclical	7.9%	10.6%
Utilities	6.3%	4.5%
Communication Services	5.4%	6.5%
Basic Materials	4.7%	2.2%
Energy	2.3%	6.4%

Return for Risk

NUMV vs. WTV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NUMV

NUMV Risk / Return Rank: 55
NUMV Sharpe Ratio Rank: 55
NUMV Sortino Ratio Rank: 57
NUMV Omega Ratio Rank: 50
NUMV Calmar Ratio Rank: 55
NUMV Martin Ratio Rank: 58

WTV

WTV Risk / Return Rank: 61
WTV Sharpe Ratio Rank: 59
WTV Sortino Ratio Rank: 62
WTV Omega Ratio Rank: 57
WTV Calmar Ratio Rank: 66
WTV Martin Ratio Rank: 59

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NUMV vs. WTV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen ESG Mid-Cap Value ETF (NUMV) and WisdomTree U.S. Value Fund (WTV). 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.

	NUMV	WTV	Difference
Sharpe ratio: Return per unit of total volatility	1.74	1.89	-0.15
Sortino ratio: Return per unit of downside risk	2.54	2.75	-0.21
Omega ratio: Gain probability vs. loss probability	1.30	1.34	-0.04
Calmar ratio: Return relative to maximum drawdown	2.52	3.14	-0.62
Martin ratio: Return relative to average drawdown	9.49	10.16	-0.67

NUMV vs. WTV - Sharpe Ratio Comparison

The current NUMV Sharpe Ratio is 1.74, which is comparable to the WTV Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of NUMV and WTV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NUMV vs. WTV - Drawdown Comparison

The maximum NUMV drawdown since its inception was -43.46%, roughly equal to the maximum WTV drawdown of -42.18%. Use the drawdown chart below to compare losses from any high point for NUMV and WTV.

Drawdown Indicators

	NUMV	WTV	Difference
Max Drawdown Largest peak-to-trough decline	-43.46%	-42.18%	-1.28%
Max Drawdown (1Y) Largest decline over 1 year	-8.71%	-7.15%	-1.56%
Max Drawdown (3Y) Largest decline over 3 years	-19.53%	-18.49%	-1.04%
Max Drawdown (5Y) Largest decline over 5 years	-25.71%	-19.30%	-6.41%
Current Drawdown Current decline from peak	-1.69%	-1.54%	-0.15%
Average Drawdown Average peak-to-trough decline	-6.85%	-5.03%	-1.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.30%	2.20%	+0.10%

Volatility

NUMV vs. WTV - Volatility Comparison

Nuveen ESG Mid-Cap Value ETF (NUMV) and WisdomTree U.S. Value Fund (WTV) have volatilities of 3.49% and 3.65%, 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.

Volatility by Period

	NUMV	WTV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.49%	3.65%	-0.16%
Volatility (6M) Calculated over the trailing 6-month period	9.41%	8.20%	+1.21%
Volatility (1Y) Calculated over the trailing 1-year period	12.62%	11.90%	+0.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.37%	17.08%	+0.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.73%	20.16%	-0.43%

NUMV vs. WTV - Expense Ratio Comparison

NUMV has a 0.31% expense ratio, which is higher than WTV's 0.12% expense ratio.

Dividends

NUMV vs. WTV - Dividend Comparison

NUMV's dividend yield for the trailing twelve months is around 1.40%, less than WTV's 1.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
NUMV Nuveen ESG Mid-Cap Value ETF	1.40%	1.53%	1.81%	2.20%	5.78%	6.62%	1.38%	2.40%	4.01%	0.83%
WTV WisdomTree U.S. Value Fund	1.66%	1.59%	1.54%	1.62%	2.08%	1.55%	1.63%	1.44%	1.94%	0.41%

Frequently Asked Questions

Can I hold both NUMV and WTV in my portfolio?

NUMV and WTV have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NUMV or WTV?

WTV has higher volatility (3.65%) compared to NUMV (3.49%). In terms of maximum drawdown, NUMV dropped -43.46% vs WTV's -42.18%.

Which ETF is better, NUMV or WTV?

On 5-year performance, WTV leads with 13.43% vs 7.06% for NUMV. On fees, WTV is cheaper at 0.12% per year. On volatility, NUMV has been the lower-risk option at 3.49%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NUMV or WTV?

Over the 5-year period, WTV has performed better with a 13.43% return vs 7.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NUMV or WTV?

WTV is cheaper with a 0.12% expense ratio, compared with 0.31% for NUMV.

Which ETF pays a higher dividend yield, NUMV or WTV?

WTV has the higher dividend yield at 1.66%, compared with 1.40% for NUMV.

What is the main difference between NUMV and WTV?

They also come from different issuers: Nuveen and WisdomTree. Their fees differ too: 0.31% for NUMV and 0.12% for WTV.

Which has better risk-adjusted returns?

WTV currently has the higher Sharpe Ratio (1.89 vs 1.74), 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.