NWLG vs WINN
Nuveen Winslow Large-Cap Growth ESG ETF vs Harbor Long-Term Growers ETF
Which is better, NWLG or WINN?
Each has led over a different period.
WINN has a lower expense ratio. NWLG led over 1Y, WINN over the full window. WINN is less concentrated, with 57.5% of the fund in its ten largest positions against 60.4%.
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 | NWLG | WINN |
|---|---|---|
| Expense Ratio | 0.65% | 0.57%Best |
| AUM | $9M | $1.3B |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 42 | 146 |
| Volatility (annualized) | 21.2% | 20.7%Best |
| Max Drawdown | -31.5%Best | -32.1% |
| $10,000 over 4.2 years | $12,722 | $15,291Best |
| Top 10 Weight | 60.4% | 57.5%Best |
| Fund Family | Nuveen | Harbor Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Aug 4, 2021 | Feb 2, 2022 |
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 WINN through Oct 14, 2026.
Volatility and max drawdown, and the $10,000 over 4.2 years row, are measured over the window both funds cover: Feb 3, 2022 to Apr 6, 2026 (4.2 years).
Risk: Volatility and Drawdowns
NWLG has been the more volatile fund, with annualized monthly volatility of 21.2% compared with 20.7% for WINN. 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 -31.5% for NWLG and -32.1% for WINN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NWLG charges 0.65% per year while WINN 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 WINN.
Holdings Overlap
80.9% of NWLG's money is in holdings WINN also owns. 65.7% of WINN's money is in holdings NWLG also owns.
Most of NWLG is already inside WINN. Owning both mostly buys the same companies twice.
The two holdings books were reported 276 days apart, NWLG as of Dec 31, 2025 and WINN as of Oct 3, 2026, so some of the difference between them is the time between the two reports rather than the funds.
28 positions in common, counted across the 39 positions we hold weights for in NWLG and 74 in WINN, against full books of 42 and 146.
What only one of them owns
Our book lists 42 positions for WINN that do not appear in our book for NWLG (32.8% of the fund), and 11 for NWLG that do not appear in WINN (18.5%).
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 NWLG | Weight in WINN | Difference |
|---|---|---|---|
| NVDANvidia Corp | 12.49% | 11.75% | 0.74% |
| MSFTMicrosoft Corp | 11.29% | 6.21% | 5.08% |
| AAPLApple, Inc | 8.76% | 7.51% | 1.25% |
| AVGOBroadcom Inc | 5.58% | 5.40% | 0.18% |
| AMZNAmazon.Com Inc | 5.22% | 4.82% | 0.40% |
| METAMeta Platforms Inc | 3.44% | 3.89% | 0.45% |
| LLYEli Lilly & Co. | 2.66% | 3.61% | 0.95% |
| MAMastercard Inc | 2.45% | 2.66% | 0.21% |
| TSLATesla Inc | 2.20% | 2.38% | 0.18% |
| AMDAdvanced Micro Devices Inc | 0.58% | 3.64% | 3.06% |
80.9% of NWLG is already inside WINN.
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, NWLG or WINN?
NWLG has an expense ratio of 0.65% while WINN charges 0.57%. WINN is the cheaper option, by $8 a year on a $10,000 investment.
Which is riskier, NWLG or WINN?
NWLG has been the more volatile fund at 21.2% annualized versus 20.7% for WINN. Worst drawdown: NWLG -31.5% vs WINN -32.1%.
Should I hold both NWLG and WINN?
NWLG and WINN have a monthly-return correlation of 0.80, 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 WINN?
80.9% of NWLG's money is in holdings WINN also owns. 65.7% of WINN's is in holdings NWLG also owns. They hold 28 positions in common, counted across the 39 positions we hold weights for in NWLG and 74 in WINN.
Which pays a higher dividend, NWLG or WINN?
NWLG yields 0.00% while WINN yields 0.00%, so WINN currently pays the higher dividend yield.
Is WINN better than NWLG?
WINN has a lower expense ratio. NWLG led over 1Y, WINN over the full window. WINN is less concentrated, with 57.5% 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.