CARK vs NUGO
CastleArk Large Growth ETF vs Nuveen Growth Opportunities ETF
Which is better, CARK or NUGO?
Nearly the same fund. NUGO costs less.
NUGO has a lower expense ratio. NUGO led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.97. NUGO is less concentrated, with 61.9% of the fund in its ten largest positions against 63.4%.
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 | CARK | NUGO |
|---|---|---|
| Expense Ratio | 0.54% | 0.50%Best |
| AUM | $351M | $2.5B |
| Dividend Yield | 0.01% | 0.00% |
| Holdings | 60 | 46 |
| YTD Return | +9.30% | +9.42%Best |
| 1Y Return | +11.27% | +11.31%Best |
| 3Y Return (annualized) | - | +23.57% |
| 5Y Return (annualized) | - | +12.11% |
| Volatility (annualized) | 16.5%Best | 16.7% |
| Max Drawdown | -25.2% | -25.1%Best |
| $10,000 over 2.9 years | $16,010 | $17,954Best |
| Top 10 Weight | 63.4% | 61.9%Best |
| Fund Family | CastleArk Management LLC | Nuveen |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Dec 6, 2023 | Sep 27, 2021 |
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Dec 7, 2023 to Oct 14, 2026 (2.9 years).
CARK 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 2.9 years both funds cover.
CARK vs NUGO Performance
CastleArk Large Growth ETF (CARK) is an ETF from CastleArk Management LLC and Nuveen Growth Opportunities ETF (NUGO) is an ETF from Nuveen. Over the past year CARK returned +11.27% while NUGO returned +11.31%. Year to date, CARK is up 9.30% versus a gain of 9.42% for NUGO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NUGO has been the more volatile fund, with annualized monthly volatility of 16.7% compared with 16.5% for CARK. 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 -25.2% for CARK 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 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CARK charges 0.54% per year while NUGO charges 0.50%. On a $10,000 position that is $54 vs $50 annually, a gap of $4 per year that compounds over a long holding period. On income, CARK currently yields 0.01% against 0.00% for NUGO.
Holdings Overlap
80.0% of CARK's money is in holdings NUGO also owns. 70.8% of NUGO's money is in holdings CARK also owns.
Most of CARK is already inside NUGO. Owning both mostly buys the same companies twice.
17 positions in common, counted across the 29 positions we hold weights for in CARK and 43 in NUGO, against full books of 60 and 46.
What only one of them owns
Measured across the 29 and 43 positions we hold weights for.
CARK holds 11 positions NUGO does not, 18.8% of the fund.
Largest: V 4.45%, GILD 3.21%, ADI 2.47%, NOW 1.52%, MCO 1.45%
Top Shared Holdings
| Stock | Weight in CARK | Weight in NUGO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 14.36% | 15.71% | 1.35% |
| GOOGLAlphabet Inc | 9.33% | 10.15% | 0.82% |
| AAPLApple, Inc | 6.30% | 7.05% | 0.75% |
| MSFTMicrosoft Corp | 4.68% | 7.15% | 2.47% |
| AVGOBroadcom Inc | 4.24% | 5.98% | 1.74% |
| LLYEli Lilly & Co. | 5.21% | 3.86% | 1.35% |
| ANETArista Networks Inc Common Stock | 5.25% | 2.29% | 2.96% |
| AMDAdvanced Micro Devices Inc | 4.17% | 3.05% | 1.12% |
| LRCXLrcx Uw Equity | 5.43% | 0.73% | 4.70% |
| MAMastercard Inc | 2.54% | 3.09% | 0.55% |
80.0% of CARK is already inside NUGO.
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, CARK or NUGO?
CARK has an expense ratio of 0.54% while NUGO charges 0.50%. NUGO is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, CARK or NUGO?
Over the past year CARK returned +11.27% vs +11.31% for NUGO, so NUGO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CARK or NUGO?
NUGO has been the more volatile fund at 16.7% annualized versus 16.5% for CARK. Worst drawdown: CARK -25.2% vs NUGO -25.1%.
Should I hold both CARK and NUGO?
CARK and NUGO have a monthly-return correlation of 0.97, 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 CARK and NUGO?
80.0% of CARK's money is in holdings NUGO also owns. 70.8% of NUGO's is in holdings CARK also owns. They hold 17 positions in common, counted across the 29 positions we hold weights for in CARK and 43 in NUGO.
Which pays a higher dividend, CARK or NUGO?
CARK yields 0.01% while NUGO yields 0.00%, so CARK currently pays the higher dividend yield.
Is NUGO better than CARK?
NUGO has a lower expense ratio. NUGO led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.97. NUGO is less concentrated, with 61.9% of the fund in its ten largest positions against 63.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.