BGRO vs NUGO
iShares Large Cap Growth Active ETF vs Nuveen Growth Opportunities ETF
Which is better, BGRO or NUGO?
Nearly the same fund. NUGO costs less.
NUGO has a lower expense ratio. BGRO led over 1Y, NUGO over the full window. The two have moved almost in lockstep, correlation 0.98. BGRO is less concentrated, with 48.7% of the fund in its ten largest positions against 61.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BGRO | NUGO |
|---|---|---|
| Expense Ratio | 0.55% | 0.50%Best |
| AUM | $10M | $2.5B |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 38 | 46 |
| YTD Return | +12.63%Best | +9.42% |
| 1Y Return | +13.39%Best | +11.31% |
| 3Y Return (annualized) | - | +23.57% |
| 5Y Return (annualized) | - | +12.11% |
| Volatility (annualized) | 18.4% | 16.6%Best |
| Max Drawdown | -24.9%Best | -25.1% |
| $10,000 over 2.4 years | $14,149 | $14,196Best |
| Top 10 Weight | 48.7%Best | 61.9% |
| Fund Family | BlackRock, Inc. (US) | Nuveen |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jun 4, 2024 | Sep 27, 2021 |
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: Jun 5, 2024 to Oct 14, 2026 (2.4 years).
BGRO vs NUGO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.4 years both funds cover.
BGRO vs NUGO Performance
iShares Large Cap Growth Active ETF (BGRO) is an ETF from BlackRock, Inc. (US) and Nuveen Growth Opportunities ETF (NUGO) is an ETF from Nuveen. Over the past year BGRO returned +13.39% while NUGO returned +11.31%. Year to date, BGRO is up 12.63% versus a gain of 9.42% for NUGO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BGRO has been the more volatile fund, with annualized monthly volatility of 18.4% compared with 16.6% for NUGO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -24.9% for BGRO and -25.1% for NUGO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BGRO charges 0.55% per year while NUGO charges 0.50%. On a $10,000 position that is $55 vs $50 annually, a gap of $5 per year that compounds over a long holding period. On income, BGRO currently yields 0.00% against 0.00% for NUGO.
Holdings Overlap
67.1% of BGRO's money is in holdings NUGO also owns. 76.2% of NUGO's money is in holdings BGRO also owns.
Most of NUGO is already inside BGRO. Owning both mostly buys the same companies twice.
21 positions in common, counted across the 40 positions we hold weights for in BGRO and 43 in NUGO, against full books of 38 and 46.
What only one of them owns
Measured across the 40 and 43 positions we hold weights for.
BGRO holds 17 positions NUGO does not, 28.9% of the fund.
Largest: GOOG 3.68%, CAT 2.41%, HOOD 1.93%, IBKR 1.87%, FCX 1.85%
Top Shared Holdings
| Stock | Weight in BGRO | Weight in NUGO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 13.22% | 15.71% | 2.49% |
| GOOGLAlphabet Inc | 4.62% | 10.15% | 5.53% |
| MSFTMicrosoft Corp | 5.01% | 7.15% | 2.14% |
| AAPLApple, Inc | 4.66% | 7.05% | 2.39% |
| AVGOBroadcom Inc | 1.33% | 5.98% | 4.65% |
| LLYEli Lilly & Co. | 2.88% | 3.86% | 0.98% |
| MUMicron Technology, Inc. | 3.68% | 3.02% | 0.66% |
| AMZNAmazon.Com Inc | 4.16% | 1.90% | 2.26% |
| AMDAdvanced Micro Devices Inc | 2.58% | 3.05% | 0.47% |
| SNOWSnowflake Inc | 4.06% | 1.38% | 2.68% |
76.2% of NUGO is already inside BGRO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BGRO or NUGO?
BGRO has an expense ratio of 0.55% while NUGO charges 0.50%. NUGO is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, BGRO or NUGO?
Over the past year BGRO returned +13.39% vs +11.31% for NUGO, so BGRO leads on 1-year performance. Over the longest common window we track (2 years), BGRO annualized +15.56% vs +15.72% for NUGO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BGRO or NUGO?
BGRO has been the more volatile fund at 18.4% annualized versus 16.6% for NUGO. Worst drawdown: BGRO -24.9% vs NUGO -25.1%.
Should I hold both BGRO and NUGO?
BGRO and NUGO have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between BGRO and NUGO?
76.2% of NUGO's money is in holdings BGRO also owns. 76.2% of NUGO's is in holdings BGRO also owns. They hold 21 positions in common, counted across the 40 positions we hold weights for in BGRO and 43 in NUGO.
Which pays a higher dividend, BGRO or NUGO?
BGRO yields 0.00% while NUGO yields 0.00%, so NUGO currently pays the higher dividend yield.
Is NUGO better than BGRO?
NUGO has a lower expense ratio. BGRO led over 1Y, NUGO over the full window. The two have moved almost in lockstep, correlation 0.98. BGRO is less concentrated, with 48.7% of the fund in its ten largest positions against 61.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.