Nuveen Growth Opportunities ETF (NUGO) Valuation
NUGO valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 32.8 trailing earnings
- Forward P/E
- 25.3 analyst estimates
- Price / sales
- 10.35
- Price / book
- 12.57
- EV / EBITDA
- 23.6
- Earnings yield
- 3.05% inverse of P/E
- Dividend yield
- 0.40% of the holdings
- Return on equity
- 38.4% combined
- Net margin
- 31.6% combined
- Beta
- 1.43 weighted, vs S&P 500
NUGO valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| NUGO | 32.8 | 25.3 | 10.35 | 12.57 | 0.40% | 38.4% | 31.6% | 2.3% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
NUGO valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 60.5% | 37.6 | 25.5 | 13.86 | 15.86 | 0.41% | 42.2% |
| Communication Services | 12.3% | 18.6 | 22.7 | 8.98 | 6.98 | 0.27% | 37.6% |
| Healthcare | 7.6% | 34.2 | 21.7 | 9.60 | 7.91 | 0.60% | 23.1% |
| Consumer Cyclical | 7.0% | 31.7 | 29.0 | 4.83 | 10.71 | 0.22% | 33.8% |
| Industrials | 6.8% | 40.9 | 32.7 | 5.44 | 12.58 | 0.33% | 30.8% |
| Financial Services | 3.9% | 34.5 | 25.1 | 15.58 | 59.18 | 0.52% | 171.4% |
NUGO earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How NUGO weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
NUGO largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 15.32% | 27.1 | 24.9 | 17.1 | 0.47% | 18.86% |
| GOOGL | Alphabet Inc. | 9.62% | 17.1 | 22.8 | 9.3 | 0.26% | 18.76% |
| AAPL | Apple Inc. | 7.74% | 39.4 | 35.2 | 10.7 | 0.31% | 6.54% |
| MSFT | Microsoft Corporation | 7.45% | 29.5 | 25.1 | 11.8 | 0.74% | 8.43% |
| AVGO | Broadcom Inc. | 6.02% | 43.3 | 19.4 | 17.6 | 0.79% | 4.63% |
| LLY | Eli Lilly and Company | 4.45% | 42.2 | 24.4 | 14.1 | 0.55% | 3.52% |
| MA | Mastercard Incorporated | 3.64% | 34.0 | 24.2 | 15.4 | 0.56% | 3.58% |
| AMD | Advanced Micro Devices, Inc. | 2.79% | 134.9 | 39.5 | 20.9 | — | 0.69% |
| META | Meta Platforms, Inc. | 2.73% | 26.7 | 22.1 | 7.9 | 0.30% | 3.40% |
| MU | Micron Technology, Inc. | 2.63% | 11.8 | 7.0 | 7.5 | 0.07% | 7.42% |
| TSLA | Tesla, Inc. | 2.35% | 328.4 | 158.7 | 13.5 | — | 0.24% |
| AMAT | Applied Materials, Inc. | 2.28% | 35.3 | 23.4 | 10.5 | 0.52% | 2.15% |
| ANET | Arista Networks, Inc. | 2.11% | 55.8 | 39.2 | 21.2 | — | 1.26% |
| AMZN | Amazon.com, Inc. | 2.07% | 20.1 | 23.6 | 3.5 | — | 3.42% |
| PLTR | Palantir Technologies Inc. | 2.03% | 160.4 | 85.5 | 72.6 | — | 0.42% |
| PANW | Palo Alto Networks, Inc. | 1.88% | 855.0 | 94.3 | 24.4 | — | 0.07% |
| WDC | Western Digital Corporation | 1.63% | 12.3 | 22.8 | 9.6 | 0.18% | 4.41% |
| REGN | Regeneron Pharmaceuticals, Inc. | 1.60% | 19.6 | 14.5 | 5.2 | 0.48% | 2.72% |
| GCP | General Electric Company | 1.55% | — | — | — | — | — |
| GEV | GE Vernova Inc. | 1.40% | 26.4 | 38.8 | 5.9 | 0.22% | 1.77% |
| APH | Amphenol Corporation | 1.38% | 39.7 | 24.6 | 6.7 | 0.63% | 1.16% |
| SNOW | Snowflake Inc. | 1.31% | — | 169.5 | 19.9 | — | −0.45% |
| CRWD | CrowdStrike Holdings, Inc. | 1.28% | — | 208.3 | 43.1 | — | 0.01% |
| HWM | Howmet Aerospace Inc. | 1.28% | 47.6 | 36.0 | 9.7 | 0.25% | 0.89% |
| PWR | Quanta Services, Inc. | 1.15% | 72.4 | 33.0 | 2.9 | 0.07% | 0.53% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About NUGO valuation
Adding up its 41 holdings with company data, NUGO trades at 32.8 times trailing earnings and 25.3 times analysts' forward estimates, with a price-to-book ratio of 12.57 and a dividend yield of 0.40%. Its earnings yield of 3.05% is 2.27 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 62.4% of the fund and earn 75.8% of its combined profit. By sector, Industrials is the most expensive at 40.9 times earnings and Communication Services the cheapest at 18.6. Companies that lost money over the past year are 2.3% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 98.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: NUGO chart, NUGO performance, NUGO holdings.
NUGO valuation FAQ
What is the P/E ratio of NUGO?
Based on its holdings, NUGO has a trailing P/E of 32.8 and a forward P/E of 25.3 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of NUGO?
The trailing earnings yield is 3.05% (1 ÷ P/E) and the forward earnings yield 3.95%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is NUGO more expensive than the S&P 500?
NUGO trades at 32.8 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 25.3 and 19.9.
What is the price-to-book ratio of NUGO?
The holdings of NUGO trade at 12.57 times book value, with a combined return on equity of 38.4%.
Which sector in NUGO has the highest P/E?
Industrials has the highest P/E at 40.9 and Communication Services the lowest at 18.6.