HQGO vs NUGO
Hartford US Quality Growth ETF vs Nuveen Growth Opportunities ETF
Which is better, HQGO or NUGO?
Each has led over a different period.
HQGO has a lower expense ratio. HQGO led over 1Y, NUGO over the full window. The two have moved almost in lockstep, correlation 0.92. HQGO is less concentrated, with 38.1% 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 | HQGO | NUGO |
|---|---|---|
| Expense Ratio | 0.34%Best | 0.50% |
| AUM | $3M | $2.5B |
| Dividend Yield | 0.51% | 0.00% |
| Holdings | 192 | 46 |
| YTD Return | +12.84%Best | +9.42% |
| 1Y Return | +15.94%Best | +11.31% |
| 3Y Return (annualized) | - | +23.57% |
| 5Y Return (annualized) | - | +12.11% |
| Volatility (annualized) | 12.6%Best | 16.7% |
| Max Drawdown | -20.9%Best | -25.1% |
| $10,000 over 2.9 years | $17,373 | $18,163Best |
| Top 10 Weight | 38.1%Best | 61.9% |
| Fund Family | Hartford Funds | Nuveen |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Dec 5, 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 6, 2023 to Oct 14, 2026 (2.9 years).
HQGO 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.
HQGO vs NUGO Performance
Hartford US Quality Growth ETF (HQGO) is an ETF from Hartford Funds and Nuveen Growth Opportunities ETF (NUGO) is an ETF from Nuveen. Over the past year HQGO returned +15.94% while NUGO returned +11.31%. Year to date, HQGO is up 12.84% 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 12.6% for HQGO. 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 -20.9% for HQGO 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HQGO charges 0.34% per year while NUGO charges 0.50%. On a $10,000 position that is $34 vs $50 annually, a gap of $16 per year that compounds over a long holding period. On income, HQGO currently yields 0.51% against 0.00% for NUGO.
Holdings Overlap
49.8% of HQGO's money is in holdings NUGO also owns. 85.1% of NUGO's money is in holdings HQGO also owns.
Most of NUGO is already inside HQGO. Owning both mostly buys the same companies twice.
30 positions in common, counted across the 190 positions we hold weights for in HQGO and 43 in NUGO, against full books of 192 and 46.
What only one of them owns
Measured across the 190 and 43 positions we hold weights for.
HQGO holds 158 positions NUGO does not, 50.0% of the fund.
Largest: BRK.B 1.97%, JPM 1.86%, XOM 1.85%, FTNT 0.99%, QCOM 0.88%
Top Shared Holdings
| Stock | Weight in HQGO | Weight in NUGO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 5.49% | 15.71% | 10.22% |
| GOOGLAlphabet Inc | 4.82% | 10.15% | 5.33% |
| AAPLApple, Inc | 5.37% | 7.05% | 1.68% |
| MSFTMicrosoft Corp | 4.71% | 7.15% | 2.44% |
| AVGOBroadcom Inc | 3.36% | 5.98% | 2.62% |
| AMZNAmazon.Com Inc | 4.33% | 1.90% | 2.43% |
| LLYEli Lilly & Co. | 2.00% | 3.86% | 1.86% |
| AMDAdvanced Micro Devices Inc | 2.59% | 3.05% | 0.46% |
| MUMicron Technology, Inc. | 2.27% | 3.02% | 0.75% |
| METAMeta Platforms Inc | 3.11% | 2.09% | 1.02% |
85.1% of NUGO is already inside HQGO.
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, HQGO or NUGO?
HQGO has an expense ratio of 0.34% while NUGO charges 0.50%. HQGO is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, HQGO or NUGO?
Over the past year HQGO returned +15.94% vs +11.31% for NUGO, so HQGO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HQGO or NUGO?
NUGO has been the more volatile fund at 16.7% annualized versus 12.6% for HQGO. Worst drawdown: HQGO -20.9% vs NUGO -25.1%.
Should I hold both HQGO and NUGO?
HQGO and NUGO have a monthly-return correlation of 0.92, 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 HQGO and NUGO?
85.1% of NUGO's money is in holdings HQGO also owns. 85.1% of NUGO's is in holdings HQGO also owns. They hold 30 positions in common, counted across the 190 positions we hold weights for in HQGO and 43 in NUGO.
Which pays a higher dividend, HQGO or NUGO?
HQGO yields 0.51% while NUGO yields 0.00%, so HQGO currently pays the higher dividend yield.
Is NUGO better than HQGO?
HQGO has a lower expense ratio. HQGO led over 1Y, NUGO over the full window. The two have moved almost in lockstep, correlation 0.92. HQGO is less concentrated, with 38.1% 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.