WUGI vs. ILCG

Last updated Jun 4, 2026

WUGI (Esoterica NextG Economy ETF) and ILCG (iShares Morningstar Growth ETF) are both Large Cap Growth Equities funds. WUGI is actively managed, while ILCG is passively managed. Over the past 5 years, WUGI returned 17.63%/yr vs 14.95%/yr for ILCG. Their correlation of 0.88 suggests significant overlap in exposure. WUGI charges 0.75%/yr vs 0.04%/yr for ILCG.

Performance

WUGI vs. ILCG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Esoterica NextG Economy ETF (WUGI) and iShares Morningstar Growth ETF (ILCG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WUGI achieves a 28.46% return, which is significantly higher than ILCG's 14.48% return.

WUGI

• 1D: 0.29%
• 1M: 17.60%
• YTD: 28.46%
• 6M: 28.35%
• 1Y: 48.48%
• 3Y*: 37.24%
• 5Y*: 17.63%
• 10Y*: —

ILCG

• 1D: -1.02%
• 1M: 7.68%
• YTD: 14.48%
• 6M: 14.61%
• 1Y: 29.51%
• 3Y*: 26.55%
• 5Y*: 14.95%
• 10Y*: 18.15%

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

WUGI vs. ILCG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
WUGI Esoterica NextG Economy ETF	28.46%	22.66%	47.14%	61.30%	-49.55%	25.18%	95.37%
ILCG iShares Morningstar Growth ETF	14.48%	16.71%	32.82%	40.41%	-31.75%	24.33%	56.41%

Correlation

The correlation between WUGI and ILCG is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (All Time) Calculated using the full available price history since Apr 1, 2020	0.88

The correlation between WUGI and ILCG has been stable across timeframes, ranging from 0.88 to 0.90 - a consistent structural relationship.

WUGI vs. ILCG - Sectors Allocation Comparison

Sectors	WUGI	ILCG
Technology	70.5%	49.8%
Communication Services	12.1%	14.5%
Industrials	9.3%	8.3%
Consumer Cyclical	6.3%	10.6%
Financial Services	1.8%	6.0%
Healthcare	0.2%	5.3%
Consumer Defensive	0.1%	1.6%
Real Estate	0.1%	1.4%
Basic Materials	0.0%	1.1%
Energy	0.0%	0.5%
Utilities	-	0.8%

Return for Risk

WUGI vs. ILCG — Risk / Return Rank

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

WUGI

WUGI Risk / Return Rank: 57
WUGI Sharpe Ratio Rank: 62
WUGI Sortino Ratio Rank: 58
WUGI Omega Ratio Rank: 58
WUGI Calmar Ratio Rank: 55
WUGI Martin Ratio Rank: 52

ILCG

ILCG Risk / Return Rank: 46
ILCG Sharpe Ratio Rank: 52
ILCG Sortino Ratio Rank: 49
ILCG Omega Ratio Rank: 50
ILCG Calmar Ratio Rank: 38
ILCG Martin Ratio Rank: 41

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.

WUGI vs. ILCG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Esoterica NextG Economy ETF (WUGI) and iShares Morningstar Growth ETF (ILCG). 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.

	WUGI	ILCG	Difference
Sharpe ratio: Return per unit of total volatility	2.10	1.82	+0.28
Sortino ratio: Return per unit of downside risk	2.76	2.45	+0.32
Omega ratio: Gain probability vs. loss probability	1.36	1.32	+0.04
Calmar ratio: Return relative to maximum drawdown	2.71	1.89	+0.81
Martin ratio: Return relative to average drawdown	8.93	6.68	+2.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WUGI vs. ILCG - Sharpe Ratio Comparison

The current WUGI Sharpe Ratio is 2.10, which is comparable to the ILCG Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of WUGI and ILCG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WUGI	ILCG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.10	1.82	+0.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.68	-0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.85	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.91	0.59	+0.33

Drawdowns

WUGI vs. ILCG - Drawdown Comparison

The maximum WUGI drawdown since its inception was -56.41%, which is greater than ILCG's maximum drawdown of -52.98%. Use the drawdown chart below to compare losses from any high point for WUGI and ILCG.

Drawdown Indicators

	WUGI	ILCG	Difference
Max Drawdown Largest peak-to-trough decline	-56.41%	-52.98%	-3.43%
Max Drawdown (1Y) Largest decline over 1 year	-17.99%	-15.65%	-2.34%
Max Drawdown (3Y) Largest decline over 3 years	-27.49%	-23.10%	-4.39%
Max Drawdown (5Y) Largest decline over 5 years	-56.41%	-35.38%	-21.03%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.38%	—
Current Drawdown Current decline from peak	0.00%	-1.02%	+1.02%
Average Drawdown Average peak-to-trough decline	-16.67%	-8.22%	-8.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.45%	4.43%	+1.02%

Volatility

WUGI vs. ILCG - Volatility Comparison

Esoterica NextG Economy ETF (WUGI) has a higher volatility of 9.13% compared to iShares Morningstar Growth ETF (ILCG) at 4.40%. This indicates that WUGI's price experiences larger fluctuations and is considered to be riskier than ILCG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WUGI	ILCG	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.13%	4.40%	+4.73%
Volatility (6M) Calculated over the trailing 6-month period	19.54%	12.81%	+6.73%
Volatility (1Y) Calculated over the trailing 1-year period	23.20%	16.31%	+6.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.76%	22.00%	+8.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.89%	21.53%	+9.36%

WUGI vs. ILCG - Expense Ratio Comparison

WUGI has a 0.75% expense ratio, which is higher than ILCG's 0.04% expense ratio.

Dividends

WUGI vs. ILCG - Dividend Comparison

WUGI's dividend yield for the trailing twelve months is around 17.77%, more than ILCG's 0.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ILCG iShares Morningstar Growth ETF	0.40%	0.47%	0.50%	0.69%	0.75%	0.34%	0.28%	0.54%	0.81%	0.89%	0.95%	0.99%
WUGI Esoterica NextG Economy ETF	17.77%	22.83%	4.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WUGI and ILCG in my portfolio?

WUGI and ILCG have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WUGI or ILCG?

WUGI has higher volatility (9.13%) compared to ILCG (4.40%). In terms of maximum drawdown, WUGI dropped -56.41% vs ILCG's -52.98%.

Which ETF is better, WUGI or ILCG?

On 5-year performance, WUGI leads with 17.63% vs 14.95% for ILCG. On fees, ILCG is cheaper at 0.04% per year. On volatility, ILCG has been the lower-risk option at 4.40%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, WUGI or ILCG?

Over the 5-year period, WUGI has performed better with a 17.63% return vs 14.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, WUGI or ILCG?

ILCG is cheaper with a 0.04% expense ratio, compared with 0.75% for WUGI.

Which ETF pays a higher dividend yield, WUGI or ILCG?

WUGI has the higher dividend yield at 17.77%, compared with 0.40% for ILCG.

What is the main difference between WUGI and ILCG?

They also come from different issuers: Esoterica and iShares. Their fees differ too: 0.75% for WUGI and 0.04% for ILCG.

Which has better risk-adjusted returns?

WUGI currently has the higher Sharpe Ratio (2.10 vs 1.82), 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.