SEIM vs. NUGO

Last updated Apr 1, 2026

Compare and contrast key facts about SEI Enhanced US Large Cap Momentum Factor ETF (SEIM) and Nuveen Growth Opportunities ETF (NUGO).

SEIM and NUGO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SEIM is an actively managed fund by SEI. It was launched on May 16, 2022. NUGO is an actively managed fund by Nuveen. It was launched on Sep 27, 2021.

Performance

SEIM vs. NUGO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEI Enhanced US Large Cap Momentum Factor ETF (SEIM) and Nuveen Growth Opportunities ETF (NUGO). The values are adjusted to include any dividend payments, if applicable.

SEIM vs. NUGO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SEIM SEI Enhanced US Large Cap Momentum Factor ETF	-1.26%	20.20%	39.12%	16.25%	-2.39%
NUGO Nuveen Growth Opportunities ETF	-9.53%	14.91%	35.95%	45.37%	-5.21%

Returns By Period

In the year-to-date period, SEIM achieves a -1.26% return, which is significantly higher than NUGO's -9.53% return.

SEIM

• 1D: 3.75%
• 1M: -5.52%
• YTD: -1.26%
• 6M: 0.60%
• 1Y: 27.09%
• 3Y*: 22.17%
• 5Y*: —
• 10Y*: —

NUGO

• 1D: 4.41%
• 1M: -4.94%
• YTD: -9.53%
• 6M: -8.50%
• 1Y: 17.78%
• 3Y*: 21.81%
• 5Y*: —
• 10Y*: —

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

SEIM vs. NUGO - Expense Ratio Comparison

SEIM has a 0.15% expense ratio, which is lower than NUGO's 0.56% expense ratio.

NUGO

Nuveen Growth Opportunities ETF

SEIM

SEI Enhanced US Large Cap Momentum Factor ETF

Return for Risk

SEIM vs. NUGO — Risk / Return Rank

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

SEIM

SEIM Risk / Return Rank: 77
SEIM Sharpe Ratio Rank: 73
SEIM Sortino Ratio Rank: 74
SEIM Omega Ratio Rank: 73
SEIM Calmar Ratio Rank: 80
SEIM Martin Ratio Rank: 84

NUGO

NUGO Risk / Return Rank: 41
NUGO Sharpe Ratio Rank: 41
NUGO Sortino Ratio Rank: 44
NUGO Omega Ratio Rank: 42
NUGO Calmar Ratio Rank: 40
NUGO Martin Ratio Rank: 37

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.

SEIM vs. NUGO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEI Enhanced US Large Cap Momentum Factor ETF (SEIM) and Nuveen Growth Opportunities ETF (NUGO). 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.

	SEIM	NUGO	Difference
Sharpe ratio Return per unit of total volatility	1.26	0.75	+0.52
Sortino ratio Return per unit of downside risk	1.81	1.22	+0.59
Omega ratio Gain probability vs. loss probability	1.26	1.17	+0.10
Calmar ratio Return relative to maximum drawdown	2.14	1.04	+1.10
Martin ratio Return relative to average drawdown	9.28	3.43	+5.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SEIM vs. NUGO - Sharpe Ratio Comparison

The current SEIM Sharpe Ratio is 1.26, which is higher than the NUGO Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of SEIM and NUGO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SEIM	NUGO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.26	0.75	+0.52
Sharpe Ratio (All Time) Calculated using the full available price history	0.94	0.40	+0.54

Correlation

The correlation between SEIM and NUGO is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

SEIM vs. NUGO - Dividend Comparison

SEIM's dividend yield for the trailing twelve months is around 0.57%, while NUGO has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021
SEIM SEI Enhanced US Large Cap Momentum Factor ETF	0.57%	0.56%	0.48%	0.89%	1.01%	0.00%
NUGO Nuveen Growth Opportunities ETF	0.00%	0.00%	0.00%	0.19%	0.26%	0.00%

Drawdowns

SEIM vs. NUGO - Drawdown Comparison

The maximum SEIM drawdown since its inception was -22.17%, smaller than the maximum NUGO drawdown of -38.01%. Use the drawdown chart below to compare losses from any high point for SEIM and NUGO.

Drawdown Indicators

	SEIM	NUGO	Difference
Max Drawdown Largest peak-to-trough decline	-22.17%	-38.01%	+15.84%
Max Drawdown (1Y) Largest decline over 1 year	-12.89%	-17.54%	+4.65%
Current Drawdown Current decline from peak	-6.70%	-13.90%	+7.20%
Average Drawdown Average peak-to-trough decline	-4.12%	-12.41%	+8.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.97%	5.30%	-2.33%

Volatility

SEIM vs. NUGO - Volatility Comparison

SEI Enhanced US Large Cap Momentum Factor ETF (SEIM) and Nuveen Growth Opportunities ETF (NUGO) have volatilities of 7.37% and 7.72%, 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

	SEIM	NUGO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.37%	7.72%	-0.35%
Volatility (6M) Calculated over the trailing 6-month period	13.31%	14.32%	-1.01%
Volatility (1Y) Calculated over the trailing 1-year period	21.55%	23.89%	-2.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.93%	23.34%	-4.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.93%	23.34%	-4.41%