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NUGO / NUGO: Volatile Growth Fund
Nuveen Growth Opportunities ETF is an active non-transparent ETF that selects stocks based on growth and valuation characteristics. NUGO has shown volatile performance since its inception, with significant losses in 2022 and strong gains in 2023. There is no evidence that NUGO's proprietary stock selection process leads to sustainable outperformance compared to passive ETFs. Investors should stay on the sidelines for now.
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Posted: Oct 24 2023, 12:23
Author Name: Seeking Alpha
Views: 110945
NUGO News
By Seeking Alpha
October 24, 2023
NUGO: Volatile Growth Fund
Nuveen Growth Opportunities ETF is an active non-transparent ETF that selects stocks based on growth and valuation characteristics. NUGO has shown vol more_horizontal