NWLG vs XOVR
Nuveen Winslow Large-Cap Growth ESG ETF vs ERShares Private-Public Crossover ETF
Which is better, NWLG or XOVR?
NWLG has been ahead.
NWLG has a lower expense ratio. NWLG led over 1Y and the full window.
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 | XOVR |
|---|---|---|
| Expense Ratio | 0.65%Best | 1.81% |
| AUM | $9M | $1.5B |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 42 | 33 |
| Volatility (annualized) | 21.3%Best | 24.4% |
| Max Drawdown | -39.9%Best | -49.4% |
| $10,000 over 4.7 years | $11,691Best | $10,382 |
| Fund Family | Nuveen | ERShares |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Aug 4, 2021 | Nov 7, 2017 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
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 XOVR 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).
Risk: Volatility and Drawdowns
XOVR has been the more volatile fund, with annualized monthly volatility of 24.4% compared with 21.3% for NWLG. 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 -49.4% for XOVR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NWLG charges 0.65% per year while XOVR charges 1.81%. On a $10,000 position that is $65 vs $181 annually, a gap of $116 per year that compounds over a long holding period. On income, NWLG currently yields 0.00% against 0.00% for XOVR.
Holdings Overlap
At least 19.4% of NWLG's money is in holdings XOVR also owns.
Stated as a floor: for XOVR, our book for it covers 77.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
NWLG and XOVR share little of their money.
The two holdings books were reported 274 days apart, NWLG as of Dec 31, 2025 and XOVR as of Oct 1, 2026, so some of the difference between them is the time between the two reports rather than the funds.
5 positions in common, counted across the 39 positions we hold weights for in NWLG and 30 in XOVR, against full books of 42 and 33.
You are not choosing between two funds in isolation.
Whichever of NWLG and XOVR 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, NWLG or XOVR?
NWLG has an expense ratio of 0.65% while XOVR charges 1.81%. NWLG is the cheaper option, by $116 a year on a $10,000 investment.
Which is riskier, NWLG or XOVR?
XOVR has been the more volatile fund at 24.4% annualized versus 21.3% for NWLG. Worst drawdown: NWLG -39.9% vs XOVR -49.4%.
Should I hold both NWLG and XOVR?
NWLG and XOVR have a monthly-return correlation of 0.79, 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 XOVR?
At least 19.4% of NWLG's money is in holdings XOVR also owns. Our book for XOVR is partial, so the real figure is this or higher. They hold 5 positions in common, counted across the 39 positions we hold weights for in NWLG and 30 in XOVR.
Which pays a higher dividend, NWLG or XOVR?
NWLG yields 0.00% while XOVR yields 0.00%, so XOVR currently pays the higher dividend yield.
Is XOVR better than NWLG?
NWLG has a lower expense ratio. NWLG led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.