NURE vs. VOO
NURE (Nuveen Short-Term REIT ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - NURE is a REIT fund tracking the Dow Jones U.S. Select Short-Term REIT Index, while VOO is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. Over the past 5 years, NURE returned 1.35%/yr vs 12.83%/yr for VOO. Their 0.50 correlation means they have sometimes moved together and sometimes differently. NURE charges 0.35%/yr vs 0.03%/yr for VOO.
Performance
NURE vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, NURE achieves a 18.24% return, which is significantly higher than VOO's 10.16% return.
NURE
- 1D
- 0.15%
- 1M
- -1.14%
- 6M
- 17.18%
- YTD
- 18.24%
- 1Y
- 20.18%
- 3Y*
- 6.66%
- 5Y*
- 1.35%
- 10Y*
- —
- ALL TIME*
- 6.33%
VOO
- 1D
- 0.71%
- 1M
- 0.26%
- 6M
- 8.58%
- YTD
- 10.16%
- 1Y
- 21.58%
- 3Y*
- 19.42%
- 5Y*
- 12.83%
- 10Y*
- 15.14%
- ALL TIME*
- 14.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $84.21K | $101.52K | $138.35K | |
| $3.82B | $3.78B | $5.44B |
NURE vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NURE Nuveen Short-Term REIT ETF | 18.24% | -7.51% | 6.65% | 13.09% | -28.48% | 53.41% | -7.24% | 25.10% | 0.02% | 8.41% |
VOO Vanguard S&P 500 ETF | 10.16% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between NURE and VOO is 0.18, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.18 |
Correlation (3Y) Balances recent behavior with more history. | 0.42 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.55 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2016 | 0.50 |
Over the past year, the correlation between NURE and VOO has dropped to 0.18 - well below their long-term average of 0.50, suggesting their price drivers have been diverging.
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Return for Risk
NURE vs. VOO — Risk / Return Rank
NURE
VOO
NURE vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Short-Term REIT ETF (NURE) and Vanguard S&P 500 ETF (VOO). 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.
| NURE | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.28 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.17 | 2.21 | -0.04 |
| Martin ratioReturn relative to average drawdown | 5.37 | 9.44 | -4.07 |
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Drawdowns
NURE vs. VOO - Drawdown Comparison
The maximum NURE drawdown since its inception was -46.05%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for NURE and VOO.
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Drawdown Indicators
| NURE | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.05% | -33.99% | -12.06% |
Max Drawdown (1Y)Largest decline over 1 year | -9.13% | -8.90% | -0.23% |
Max Drawdown (3Y)Largest decline over 3 years | -21.03% | -18.69% | -2.34% |
Max Drawdown (5Y)Largest decline over 5 years | -35.98% | -24.52% | -11.46% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.99% | — |
Current DrawdownCurrent decline from peak | -6.78% | -1.38% | -5.40% |
Average DrawdownAverage peak-to-trough decline | -12.22% | -3.67% | -8.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.69% | 2.08% | +1.61% |
Volatility
NURE vs. VOO - Volatility Comparison
Nuveen Short-Term REIT ETF (NURE) has a higher volatility of 5.05% compared to Vanguard S&P 500 ETF (VOO) at 3.54%. This indicates that NURE's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NURE | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.05% | 3.54% | +1.51% |
Volatility (6M)Calculated over the trailing 6-month period | 11.66% | 10.10% | +1.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.04% | 12.82% | +3.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.68% | 16.93% | +2.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.73% | 18.01% | +3.72% |
NURE vs. VOO - Expense Ratio Comparison
NURE has a 0.35% expense ratio, which is higher than VOO's 0.03% expense ratio.
Dividends
NURE vs. VOO - Dividend Comparison
NURE's dividend yield for the trailing twelve months is around 4.04%, more than VOO's 1.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NURE Nuveen Short-Term REIT ETF | 4.04% | 4.56% | 3.51% | 3.73% | 2.80% | 1.34% | 3.41% | 3.28% | 4.11% | 3.86% | 0.48% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.07% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
NURE and VOO have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NURE has higher volatility (5.05%) compared to VOO (3.54%). In terms of maximum drawdown, NURE dropped -46.05% vs VOO's -33.99%.
On 5-year performance, VOO leads with 12.83% vs 1.35% for NURE. On fees, VOO is cheaper at 0.03% per year. On volatility, VOO has been the lower-risk option at 3.54%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, VOO has performed better with a 12.83% return vs 1.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VOO is cheaper with a 0.03% expense ratio, compared with 0.35% for NURE.
NURE has the higher dividend yield at 4.04%, compared with 1.07% for VOO.
NURE is categorized as REIT, while VOO is S&P 500. NURE tracks Dow Jones U.S. Select Short-Term REIT Index, while VOO tracks S&P 500 Index. They also come from different issuers: Nuveen and Vanguard. Their fees differ too: 0.35% for NURE and 0.03% for VOO.
VOO currently has the higher Sharpe Ratio (1.53 vs 1.25), 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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