NURE vs PY
Nuveen Short-Term REIT ETF vs Principal Value ETF
Which is better, NURE or PY?
PY has been ahead.
PY has a lower expense ratio. PY led over 1Y, 3Y, 5Y and the full window. PY is less concentrated, with 26.6% of the fund in its ten largest positions against 49.9%.
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 | NURE | PY |
|---|---|---|
| Expense Ratio | 0.36% | 0.15%Best |
| AUM | $30M | $238M |
| Dividend Yield | 4.42% | 1.92% |
| Holdings | 58 | 206 |
| YTD Return | +5.63% | +10.62%Best |
| 1Y Return | +6.18% | +12.95%Best |
| 3Y Return (annualized) | +5.85% | +15.76%Best |
| 5Y Return (annualized) | -1.51% | +8.45%Best |
| Volatility (annualized) | 18.3%Best | 19.6% |
| Max Drawdown | -46.0% | -45.5%Best |
| $10,000 over 5 years | $9,267 | $15,002Best |
| Top 10 Weight | 49.9% | 26.6%Best |
| Fund Family | Nuveen | Principal Funds |
| Category | Equity | Equity |
| Style | Mid Cap Value | Mid Cap Value |
| Inception | Dec 19, 2016 | Mar 21, 2016 |
Volatility and max drawdown are measured over the window both funds cover: Dec 20, 2016 to Oct 14, 2026 (9.8 years).
NURE vs PY 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 9.8 years both funds cover.
NURE vs PY Performance
Nuveen Short-Term REIT ETF (NURE) is an ETF from Nuveen and Principal Value ETF (PY) is an ETF from Principal Funds. Over the past year NURE returned +6.18% while PY returned +12.95%. Year to date, NURE is up 5.63% versus a gain of 10.62% for PY.
Over three years, NURE compounded at +5.85% per year against +15.76% for PY; over five years the annualized figures are -1.51% and +8.45% respectively. Across the full 10-year window we track, PY has the edge at +9.08% annualized vs +5.05%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PY has been the more volatile fund, with annualized monthly volatility of 19.6% compared with 18.3% for NURE. 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 -46.0% for NURE and -45.5% for PY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NURE charges 0.36% per year while PY charges 0.15%. On a $10,000 position that is $36 vs $15 annually, a gap of $21 per year that compounds over a long holding period. On income, NURE currently yields 4.42% against 1.92% for PY.
Holdings Overlap
5.3% of NURE's money is in holdings PY also owns. 0.8% of PY's money is in holdings NURE also owns.
NURE and PY share little of their money.
1 positions in common, counted across the 28 positions we hold weights for in NURE and 101 in PY, against full books of 58 and 206.
What only one of them owns
Our book lists 99 positions for PY that do not appear in our book for NURE (98.3% of the fund), and 27 for NURE that do not appear in PY (94.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in NURE | Weight in PY | Difference |
|---|---|---|---|
| HSTHost Hotels & Resorts Inc | 5.26% | 0.80% | 4.46% |
You are not choosing between two funds in isolation.
Whichever of NURE and PY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, NURE or PY?
NURE has an expense ratio of 0.36% while PY charges 0.15%. PY is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, NURE or PY?
Over the past year NURE returned +6.18% vs +12.95% for PY, so PY leads on 1-year performance. Over the longest common window we track (10 years), NURE annualized +5.05% vs +9.08% for PY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NURE or PY?
PY has been the more volatile fund at 19.6% annualized versus 18.3% for NURE. Worst drawdown: NURE -46.0% vs PY -45.5%.
Should I hold both NURE and PY?
NURE and PY have a monthly-return correlation of 0.74, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between NURE and PY?
5.3% of NURE's money is in holdings PY also owns. 0.8% of PY's is in holdings NURE also owns. They hold 1 positions in common, counted across the 28 positions we hold weights for in NURE and 101 in PY.
Which pays a higher dividend, NURE or PY?
NURE yields 4.42% while PY yields 1.92%, so NURE currently pays the higher dividend yield.
Is PY better than NURE?
PY has a lower expense ratio. PY led over 1Y, 3Y, 5Y and the full window. PY is less concentrated, with 26.6% of the fund in its ten largest positions against 49.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.