NWLG vs. NURE

Last updated Jun 4, 2026

NWLG (Nuveen Winslow Large-Cap Growth ESG ETF) and NURE (Nuveen Short-Term REIT ETF) are both exchange-traded funds - NWLG is a Large Cap Growth Equities fund actively managed by Nuveen, while NURE is a REIT fund tracking the Dow Jones U.S. Select Short-Term REIT Index. NWLG is actively managed, while NURE is passively managed. At a 0.42 correlation, their price movements are largely independent. NWLG charges 0.64%/yr vs 0.35%/yr for NURE.

Performance

NWLG vs. NURE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen Winslow Large-Cap Growth ESG ETF (NWLG) and Nuveen Short-Term REIT ETF (NURE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NWLG

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

NURE

• 1D: 0.55%
• 1M: 4.16%
• YTD: 11.00%
• 6M: 11.80%
• 1Y: 7.38%
• 3Y*: 4.66%
• 5Y*: 1.55%
• 10Y*: —

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

NWLG vs. NURE - 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%
NURE Nuveen Short-Term REIT ETF	11.00%	-7.51%	6.65%	13.09%	-28.48%	13.22%

Correlation

The correlation between NWLG and NURE is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (All Time) Calculated using the full available price history since Aug 6, 2021	0.42

Over the past year, the correlation between NWLG and NURE has dropped to 0.05 - well below their long-term average of 0.42, suggesting their price drivers have been diverging.

NWLG vs. NURE - Sectors Allocation Comparison

Sectors	NWLG	NURE
Technology	48.0%	-
Communication Services	14.7%	-
Industrials	12.4%	-
Consumer Cyclical	10.3%	-
Healthcare	6.7%	-
Financial Services	5.9%	-
Consumer Defensive	1.0%	-
Basic Materials	1.0%	-
Energy	-	-
Real Estate	-	100.0%
Utilities	-	-

Return for Risk

NWLG vs. NURE — Risk / Return Rank

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

NURE

NURE Risk / Return Rank: 17
NURE Sharpe Ratio Rank: 16
NURE Sortino Ratio Rank: 16
NURE Omega Ratio Rank: 15
NURE Calmar Ratio Rank: 19
NURE Martin Ratio Rank: 17

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. NURE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen Winslow Large-Cap Growth ESG ETF (NWLG) and Nuveen Short-Term REIT ETF (NURE). 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	NURE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.47	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.08	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.27	—

Drawdowns

Drawdown Indicators

	NWLG	NURE	Difference
Max Drawdown Largest peak-to-trough decline	—	-46.05%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-9.13%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-21.03%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.98%	—
Current Drawdown Current decline from peak	—	-12.49%	—
Average Drawdown Average peak-to-trough decline	—	-12.30%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.39%	—

Volatility

Volatility by Period

	NWLG	NURE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.20%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.43%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	15.80%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	19.65%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	21.80%	—

NWLG vs. NURE - Expense Ratio Comparison

NWLG has a 0.64% expense ratio, which is higher than NURE's 0.35% expense ratio.

Dividends

NWLG vs. NURE - Dividend Comparison

NWLG's dividend yield for the trailing twelve months is around 15.71%, more than NURE's 4.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
NURE Nuveen Short-Term REIT ETF	4.48%	4.56%	3.51%	3.73%	2.80%	1.34%	3.41%	3.28%	4.11%	3.86%	0.48%
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%

Frequently Asked Questions

Can I hold both NWLG and NURE in my portfolio?

NWLG and NURE have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NWLG or NURE?

On fees, NURE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NWLG or NURE?

NURE is cheaper with a 0.35% expense ratio, compared with 0.64% for NWLG.

Which ETF pays a higher dividend yield, NWLG or NURE?

NWLG has the higher dividend yield at 15.71%, compared with 4.48% for NURE.

What is the main difference between NWLG and NURE?

NWLG is categorized as Large Cap Growth Equities, while NURE is REIT. Their fees differ too: 0.64% for NWLG and 0.35% for NURE.