IWF vs NUGO
iShares Russell 1000 Growth ETF vs Nuveen Growth Opportunities ETF
Which is better, IWF or NUGO?
Nearly the same fund. IWF costs less.
IWF has a lower expense ratio. IWF led over 5Y and the full window, NUGO over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.99. IWF is less concentrated, with 57.4% 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 | IWF | NUGO |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.50% |
| AUM | $129.6B | $2.5B |
| Dividend Yield | 0.34% | 0.00% |
| Holdings | 370 | 46 |
| YTD Return | +5.65% | +9.42%Best |
| 1Y Return | +7.28% | +11.31%Best |
| 3Y Return (annualized) | +22.37% | +23.57%Best |
| 5Y Return (annualized) | +12.59%Best | +12.11% |
| Volatility (annualized) | 19.1%Best | 19.4% |
| Max Drawdown | -32.7%Best | -38.0% |
| $10,000 over 5 years | $18,093Best | $17,710 |
| Top 10 Weight | 57.4%Best | 61.9% |
| Fund Family | iShares by BlackRock (US) | Nuveen |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | May 22, 2000 | Sep 27, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Sep 28, 2021 to Oct 14, 2026 (5 years).
IWF 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 5 years both funds cover.
IWF vs NUGO Performance
iShares Russell 1000 Growth ETF (IWF) is an ETF from iShares by BlackRock (US) and Nuveen Growth Opportunities ETF (NUGO) is an ETF from Nuveen. Over the past year IWF returned +7.28% while NUGO returned +11.31%. Year to date, IWF is up 5.65% versus a gain of 9.42% for NUGO.
Over three years, IWF compounded at +22.37% per year against +23.57% for NUGO; over five years the annualized figures are +12.59% and +12.11% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NUGO has been the more volatile fund, with annualized monthly volatility of 19.4% compared with 19.1% for IWF. 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 -32.7% for IWF and -38.0% 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 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IWF charges 0.18% per year while NUGO charges 0.50%. On a $10,000 position that is $18 vs $50 annually, a gap of $32 per year that compounds over a long holding period. On income, IWF currently yields 0.34% against 0.00% for NUGO.
Holdings Overlap
70.0% of IWF's money is in holdings NUGO also owns. 94.4% of NUGO's money is in holdings IWF also owns.
Most of NUGO is already inside IWF. Owning both mostly buys the same companies twice.
35 positions in common, counted across the 372 positions we hold weights for in IWF and 43 in NUGO, against full books of 370 and 46.
What only one of them owns
Measured across the 372 and 43 positions we hold weights for.
IWF holds 267 positions NUGO does not, 29.6% of the fund.
Largest: GOOG 4.66%, V 1.79%, CAT 1.10%, KLAC 0.77%, SNDK 0.76%
Top Shared Holdings
| Stock | Weight in IWF | Weight in NUGO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 15.77% | 15.71% | 0.06% |
| GOOGLAlphabet Inc | 5.77% | 10.15% | 4.38% |
| AAPLApple, Inc | 7.58% | 7.05% | 0.53% |
| MSFTMicrosoft Corp | 5.58% | 7.15% | 1.57% |
| AVGOBroadcom Inc | 4.68% | 5.98% | 1.30% |
| MUMicron Technology, Inc. | 3.62% | 3.02% | 0.60% |
| LLYEli Lilly & Co. | 2.69% | 3.86% | 1.17% |
| AMDAdvanced Micro Devices Inc | 2.93% | 3.05% | 0.12% |
| METAMeta Platforms Inc | 3.82% | 2.09% | 1.73% |
| TSLATesla Inc | 3.03% | 2.24% | 0.79% |
94.4% of NUGO is already inside IWF.
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, IWF or NUGO?
IWF has an expense ratio of 0.18% while NUGO charges 0.50%. IWF is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, IWF or NUGO?
Over the past year IWF returned +7.28% 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, IWF or NUGO?
NUGO has been the more volatile fund at 19.4% annualized versus 19.1% for IWF. Worst drawdown: IWF -32.7% vs NUGO -38.0%.
Should I hold both IWF and NUGO?
IWF and NUGO have a monthly-return correlation of 0.99, 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 IWF and NUGO?
94.4% of NUGO's money is in holdings IWF also owns. 94.4% of NUGO's is in holdings IWF also owns. They hold 35 positions in common, counted across the 372 positions we hold weights for in IWF and 43 in NUGO.
Which pays a higher dividend, IWF or NUGO?
IWF yields 0.34% while NUGO yields 0.00%, so IWF currently pays the higher dividend yield.
Is NUGO better than IWF?
IWF has a lower expense ratio. IWF led over 5Y and the full window, NUGO over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.99. IWF is less concentrated, with 57.4% 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.