NUGO - NUGO: This Growth ETF Still Has To Prove Itself
2024-01-28 09:30:54 ET
Summary
- Nuveen Growth Opportunities ETF is an actively managed fund with a focus on growth and quality.
- It is slightly inferior to the S&P 500 Growth Index regarding valuation and cash flow growth, but quality metrics are excellent.
- Its performance since inception is average relative to peers, which doesn’t justify the significantly higher fee. However, price history may be too short to assess the fund's potential.
NUGO strategy
Nuveen Growth Opportunities ETF ( NUGO ) is an actively managed fund listed on 9/27/2021. It has a portfolio of 45 stocks, a trailing 12-month yield of 0.13% and a total expense ratio of 0.55%....
NUGO: This Growth ETF Still Has To Prove Itself