NWLG vs. NFFFX

Last updated Jun 4, 2026

NWLG (Nuveen Winslow Large-Cap Growth ESG ETF) and NFFFX (American Funds New World Fund) are both funds - NWLG is a Large Cap Growth Equities fund actively managed by Nuveen, while NFFFX is a Emerging Markets Equities fund managed by American Funds. A 0.76 correlation means they provide meaningful diversification when combined. NWLG charges 0.64%/yr vs 0.68%/yr for NFFFX.

Performance

NWLG vs. NFFFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen Winslow Large-Cap Growth ESG ETF (NWLG) and American Funds New World Fund (NFFFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NWLG

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NFFFX

• 1D: 0.70%
• 1M: 6.75%
• YTD: 17.55%
• 6M: 19.27%
• 1Y: 36.61%
• 3Y*: 19.82%
• 5Y*: 7.22%
• 10Y*: 11.32%

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

NWLG vs. NFFFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
NWLG Nuveen Winslow Large-Cap Growth ESG ETF	-10.63%	13.21%	29.17%	43.55%	-31.52%	5.24%
NFFFX American Funds New World Fund	17.55%	28.52%	6.78%	16.11%	-21.86%	-3.93%

Correlation

The correlation between NWLG and NFFFX is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (All Time) Calculated using the full available price history since Aug 6, 2021	0.76

The correlation between NWLG and NFFFX shifts across timeframes, from 0.60 (1 year) to 0.76 (all time), reflecting how their relationship changes across market environments.

Return for Risk

NWLG vs. NFFFX — Risk / Return Rank

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

NFFFX

NFFFX Risk / Return Rank: 66
NFFFX Sharpe Ratio Rank: 75
NFFFX Sortino Ratio Rank: 70
NFFFX Omega Ratio Rank: 71
NFFFX Calmar Ratio Rank: 55
NFFFX Martin Ratio Rank: 58

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.

NWLG vs. NFFFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Winslow Large-Cap Growth ESG ETF (NWLG) and American Funds New World Fund (NFFFX). 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.

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

Sharpe Ratios by Period

	NWLG	NFFFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.51	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.47	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.70	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.40	—

Drawdowns

Drawdown Indicators

	NWLG	NFFFX	Difference
Max Drawdown Largest peak-to-trough decline	—	-50.17%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-13.01%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-15.05%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.48%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.48%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-9.81%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.16%	—

Volatility

Volatility by Period

	NWLG	NFFFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.50%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.51%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	14.73%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	15.42%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	16.14%	—

NWLG vs. NFFFX - Expense Ratio Comparison

NWLG has a 0.64% expense ratio, which is lower than NFFFX's 0.68% expense ratio.

Dividends

NWLG vs. NFFFX - Dividend Comparison

NWLG's dividend yield for the trailing twelve months is around 15.71%, more than NFFFX's 5.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NFFFX American Funds New World Fund	5.11%	6.01%	4.01%	2.78%	1.21%	7.23%	0.35%	3.95%	2.62%	2.17%	1.28%	0.94%
NWLG Nuveen Winslow Large-Cap Growth ESG ETF	15.71%	0.00%	0.00%	0.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NWLG and NFFFX in my portfolio?

NWLG and NFFFX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.