NWLG vs TCHP

NWLG vs TCHP

Which is better, NWLG or TCHP?

Each has led over a different period.

TCHP has a lower expense ratio. NWLG led over 1Y, TCHP over the full window. TCHP is less concentrated, with 59.3% of the fund in its ten largest positions against 60.4%.

Lower Fees: TCHPHigher Returns: splitLess Concentrated: TCHP

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

MetricNWLGTCHP
Expense Ratio0.65%0.57%Best
AUM$9M$2.2B
Dividend Yield0.00%0.00%
Holdings4265
Volatility (annualized)21.3%20.3%Best
Max Drawdown-39.9%Best-42.3%
$10,000 over 4.7 years$11,691$13,575Best
Top 10 Weight60.4%59.3%Best
Fund FamilyNuveenT.Rowe Price
CategoryEquityEquity
StyleLarge Cap GrowthLarge Cap Growth
InceptionAug 4, 2021Aug 4, 2020

Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).

The two price series end 191 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. NWLG has data through Apr 6, 2026 and TCHP through Oct 14, 2026.

Volatility and max drawdown, and the $10,000 over 4.7 years row, are measured over the window both funds cover: Aug 5, 2021 to Apr 6, 2026 (4.7 years).

Compare NWLG against instead:NWLG vs SPYNWLG vs QQQNWLG vs VOONWLG vs VTITCHP against:TCHP vs VXUS

Risk: Volatility and Drawdowns

NWLG has been the more volatile fund, with annualized monthly volatility of 21.3% compared with 20.3% for TCHP. 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 -39.9% for NWLG and -42.3% for TCHP. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

NWLG charges 0.65% per year while TCHP charges 0.57%. On a $10,000 position that is $65 vs $57 annually, a gap of $8 per year that compounds over a long holding period. On income, NWLG currently yields 0.00% against 0.00% for TCHP.

Holdings Overlap

NWLG already in TCHP79.2%
TCHP already in NWLG68.6%

79.2% of NWLG's money is in holdings TCHP also owns. 68.6% of TCHP's money is in holdings NWLG also owns.

Most of NWLG is already inside TCHP. Owning both mostly buys the same companies twice.

The two holdings books were reported 243 days apart, NWLG as of Dec 31, 2025 and TCHP as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.

24 positions in common, counted across the 39 positions we hold weights for in NWLG and 62 in TCHP, against full books of 42 and 65.

What only one of them owns

Our book lists 35 positions for TCHP that do not appear in our book for NWLG (28.3% of the fund), and 15 for NWLG that do not appear in TCHP (20.2%).

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

StockWeight in NWLGWeight in TCHPDifference
NVDANvidia Corp12.49%17.43%4.94%
MSFTMicrosoft Corp11.29%5.92%5.37%
AAPLApple, Inc8.76%4.94%3.82%
GOOGAlphabet Inc. C6.20%5.94%0.26%
AVGOBroadcom Inc5.58%5.79%0.21%
AMZNAmazon.Com Inc5.22%3.60%1.62%
METAMeta Platforms Inc3.44%3.53%0.09%
LLYEli Lilly & Co.2.66%3.05%0.39%
VVisa Inc Class A2.24%2.69%0.45%
TSLATesla Inc2.20%2.26%0.06%

79.2% of NWLG is already inside TCHP.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

NWLGTCHP

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, NWLG or TCHP?

NWLG has an expense ratio of 0.65% while TCHP charges 0.57%. TCHP is the cheaper option, by $8 a year on a $10,000 investment.

Which is riskier, NWLG or TCHP?

NWLG has been the more volatile fund at 21.3% annualized versus 20.3% for TCHP. Worst drawdown: NWLG -39.9% vs TCHP -42.3%.

Should I hold both NWLG and TCHP?

NWLG and TCHP have a monthly-return correlation of 0.82, 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 NWLG and TCHP?

79.2% of NWLG's money is in holdings TCHP also owns. 68.6% of TCHP's is in holdings NWLG also owns. They hold 24 positions in common, counted across the 39 positions we hold weights for in NWLG and 62 in TCHP.

Which pays a higher dividend, NWLG or TCHP?

NWLG yields 0.00% while TCHP yields 0.00%, so TCHP currently pays the higher dividend yield.

Is TCHP better than NWLG?

TCHP has a lower expense ratio. NWLG led over 1Y, TCHP over the full window. TCHP is less concentrated, with 59.3% of the fund in its ten largest positions against 60.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.