Nuveen Short-Term REIT ETF (NURE) Performance
NURE total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +15.6% since Dec 31, 2025
- 1 year
- +14.9% total return
- 5 years
- +0.1% a year
- Since first price
- +6.0% a year since 2016
NURE trailing returns vs SPY, QQQ, AGG
| Period | NURE total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +7.0% | +6.0% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.7% | −2.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +9.7% | +7.7% | +7.8% | +8.4% | −1.5% |
| YTD | +15.6% | +11.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +14.9% | +9.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +36.5%+10.9%/yr | +20.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +0.5%+0.1%/yr | −16.1% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionDec 20, 2016 | +77.3%+6.0%/yr | +25.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: NURE vs SPY
From Dec 20, 2016: NURE grew to $17,730, SPY to $39,076.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
NURE returns by calendar year
6 of 9 full years positive. Best 2021 (+53.4%), worst 2022 (−28.5%). 2026 is year to date.
NURE annual returns table
| Year | NURE | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +15.6% | −11.3% | +12.3% | +15.1% | −1.0% |
| 2025 | −7.5% | −16.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +6.6% | −9.7% | +24.9% | +25.6% | +1.3% |
| 2023 | +13.1% | −21.2% | +26.2% | +54.9% | +5.7% |
| 2022 | −28.5% | −30.6% | −18.2% | −32.6% | −13.0% |
| 2021 | +53.4% | −6.5% | +28.7% | +27.4% | −1.8% |
| 2020 | −7.2% | −46.0% | +18.3% | +48.6% | +7.5% |
| 2019 | +25.1% | −5.2% | +31.2% | +39.0% | +8.5% |
| 2018 | +0.0% | −12.0% | −4.6% | −0.1% | +0.1% |
| 2017 | +8.4% | −4.1% | +21.7% | +32.7% | +3.6% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
NURE largest drawdowns
Now 8.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 14, 2020 | −46.0% | Mar 23, 2020 | Mar 15, 2021 | 38 days | 1.1 years |
| Apr 20, 2022 | −36.0% | Oct 27, 2023 | not yet | 1.5 years | 4.5 years so far |
| Aug 29, 2018 | −12.0% | Dec 24, 2018 | Jan 30, 2019 | 4 months | 5 months |
| Dec 31, 2021 | −11.4% | Jan 27, 2022 | Apr 20, 2022 | 27 days | 4 months |
| Dec 18, 2017 | −11.3% | Feb 9, 2018 | May 10, 2018 | 53 days | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
NURE risk statistics
| Statistic | 3 years | 5 years | Since 2016 |
|---|---|---|---|
| Annualized return | +7.1% | +0.0% | +5.4% |
| Volatility (annualized) | 17.4% | 19.0% | 18.3% |
| Sharpe ratio | 0.23 | -0.10 | 0.25 |
| Sortino ratio | 0.37 | -0.14 | 0.36 |
| Best month | +11.2% | +11.4% | +14.4% |
| Worst month | −6.7% | −10.1% | −23.3% |
| Best 12 months | +30.6% | +30.6% | +70.7% |
| Worst 12 months | −13.5% | −28.5% | −28.5% |
| Positive months | 56% | 50% | 57% |
| Beta vs S&P 500 | 0.83 | 0.89 | — |
| Correlation with S&P 500 | 0.59 | 0.73 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
NURE rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 107 | −28.5% | +5.9% | +70.7% | 61% |
| 3-year (a year) | 83 | −4.8% | +5.1% | +21.2% | 78% |
| 5-year (a year) | 59 | −0.2% | +5.3% | +14.1% | 98% |
Every holding period starting at a month-end since 2016. Returns for 3 years and longer are annualized.
NURE performance overview
Nuveen Short-Term REIT ETF (NURE) returned +14.9% over the past year and +0.1% a year over five years, with distributions reinvested. Since its first recorded price in 2016 it has returned +6.0% a year, turning $10,000 into about $17,730. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −46.0%, from Feb 14, 2020 to Mar 23, 2020, and it took 12 months to get back to the old high. NURE finished 6 of its 9 full calendar years with a gain; the best year was 2021 (+53.4%) and the worst 2022 (−28.5%). Volatility has been 18.3% a year.
Related: NURE chart, NURE holdings, NURE dividends. See the NURE overview for the latest quote and fund facts.
NURE performance FAQ
What is the NURE return over the past year?
NURE returned +14.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 9.9%.
What is the average annual return of NURE?
NURE has returned +0.1% a year over 5 years, +6.0% a year since December 20, 2016 (total return, distributions reinvested).
How much would $10,000 invested in NURE be worth?
$10,000 invested in NURE at its first recorded close on December 20, 2016 would be worth about $17,730 on October 23, 2026 with distributions reinvested.
What was the worst year for NURE?
The worst calendar year was 2022, with a total return of −28.5%. The best was 2021 at +53.4%.
What is the biggest drawdown of NURE?
The largest peak-to-trough decline was −46.0% between February 14, 2020 and March 23, 2020. It recovered to the old high on March 15, 2021, 12 months after the bottom.
How volatile is NURE?
Over the past 3 years NURE had an annualized volatility of 17.4% and a Sharpe ratio of 0.23 (excess return over 1–3 month T-bills per unit of risk).