TISPX vs. NUGO

Last updated Apr 2, 2026

Compare and contrast key facts about TIAA-CREF S&P 500 Index Fund (TISPX) and Nuveen Growth Opportunities ETF (NUGO).

TISPX is managed by TIAA Investments. It was launched on Oct 1, 2002. NUGO is an actively managed fund by Nuveen. It was launched on Sep 27, 2021.

Performance

TISPX vs. NUGO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TIAA-CREF S&P 500 Index Fund (TISPX) and Nuveen Growth Opportunities ETF (NUGO). The values are adjusted to include any dividend payments, if applicable.

TISPX vs. NUGO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
TISPX TIAA-CREF S&P 500 Index Fund	-4.34%	17.79%	24.94%	26.22%	-18.13%	9.89%
NUGO Nuveen Growth Opportunities ETF	-9.13%	14.91%	35.95%	45.37%	-32.73%	7.78%

Returns By Period

In the year-to-date period, TISPX achieves a -4.34% return, which is significantly higher than NUGO's -9.13% return.

TISPX

• 1D: 2.93%
• 1M: -5.02%
• YTD: -4.34%
• 6M: -2.19%
• 1Y: 17.27%
• 3Y*: 18.25%
• 5Y*: 11.75%
• 10Y*: 13.81%

NUGO

• 1D: 0.44%
• 1M: -4.62%
• YTD: -9.13%
• 6M: -8.35%
• 1Y: 17.38%
• 3Y*: 21.99%
• 5Y*: —
• 10Y*: —

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

TISPX vs. NUGO - Expense Ratio Comparison

TISPX has a 0.05% expense ratio, which is lower than NUGO's 0.56% expense ratio.

NUGO

Nuveen Growth Opportunities ETF

TISPX

TIAA-CREF S&P 500 Index Fund

Return for Risk

TISPX vs. NUGO — Risk / Return Rank

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

TISPX

TISPX Risk / Return Rank: 55
TISPX Sharpe Ratio Rank: 48
TISPX Sortino Ratio Rank: 52
TISPX Omega Ratio Rank: 55
TISPX Calmar Ratio Rank: 52
TISPX Martin Ratio Rank: 65

NUGO

NUGO Risk / Return Rank: 37
NUGO Sharpe Ratio Rank: 36
NUGO Sortino Ratio Rank: 40
NUGO Omega Ratio Rank: 38
NUGO Calmar Ratio Rank: 37
NUGO Martin Ratio Rank: 35

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.

TISPX vs. NUGO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF S&P 500 Index Fund (TISPX) 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.

	TISPX	NUGO	Difference
Sharpe ratio Return per unit of total volatility	0.98	0.73	+0.24
Sortino ratio Return per unit of downside risk	1.49	1.20	+0.30
Omega ratio Gain probability vs. loss probability	1.23	1.16	+0.06
Calmar ratio Return relative to maximum drawdown	1.32	1.04	+0.28
Martin ratio Return relative to average drawdown	6.36	3.41	+2.95
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TISPX vs. NUGO - Sharpe Ratio Comparison

The current TISPX Sharpe Ratio is 0.98, which is higher than the NUGO Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of TISPX 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

	TISPX	NUGO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.98	0.73	+0.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.77	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.40	+0.19

Correlation

The correlation between TISPX and NUGO is 0.92, 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

TISPX vs. NUGO - Dividend Comparison

TISPX's dividend yield for the trailing twelve months is around 2.46%, while NUGO has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TISPX TIAA-CREF S&P 500 Index Fund	2.46%	2.35%	1.52%	1.48%	1.91%	1.77%	1.53%	2.16%	2.94%	0.36%	2.39%	0.65%
NUGO Nuveen Growth Opportunities ETF	0.00%	0.00%	0.00%	0.19%	0.26%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

TISPX vs. NUGO - Drawdown Comparison

The maximum TISPX drawdown since its inception was -55.16%, which is greater than NUGO's maximum drawdown of -38.01%. Use the drawdown chart below to compare losses from any high point for TISPX and NUGO.

Drawdown Indicators

	TISPX	NUGO	Difference
Max Drawdown Largest peak-to-trough decline	-55.16%	-38.01%	-17.15%
Max Drawdown (1Y) Largest decline over 1 year	-12.11%	-17.54%	+5.43%
Max Drawdown (5Y) Largest decline over 5 years	-24.48%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.75%	—	—
Current Drawdown Current decline from peak	-6.23%	-13.52%	+7.29%
Average Drawdown Average peak-to-trough decline	-6.76%	-12.41%	+5.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.52%	5.37%	-2.85%

Volatility

TISPX vs. NUGO - Volatility Comparison

The current volatility for TIAA-CREF S&P 500 Index Fund (TISPX) is 5.34%, while Nuveen Growth Opportunities ETF (NUGO) has a volatility of 7.67%. This indicates that TISPX experiences smaller price fluctuations and is considered to be less risky than NUGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TISPX	NUGO	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.34%	7.67%	-2.33%
Volatility (6M) Calculated over the trailing 6-month period	9.53%	14.31%	-4.78%
Volatility (1Y) Calculated over the trailing 1-year period	18.33%	23.89%	-5.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.90%	23.33%	-6.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.05%	23.33%	-5.28%