DIVD vs. NUGIX

Last updated Jun 23, 2026

DIVD (Altrius Global Dividend ETF) and NUGIX (Nuveen Global Dividend Growth Fund) are both Global Equities funds. Over the past 3 years, DIVD returned 17.04%/yr vs 12.46%/yr for NUGIX. Their correlation of 0.82 suggests significant overlap in exposure. DIVD charges 0.49%/yr vs 0.89%/yr for NUGIX.

Performance

DIVD vs. NUGIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Altrius Global Dividend ETF (DIVD) and Nuveen Global Dividend Growth Fund (NUGIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DIVD achieves a 11.28% return, which is significantly higher than NUGIX's 4.03% return.

DIVD

• 1D: 0.11%
• 1M: -1.24%
• YTD: 11.28%
• 6M: 11.12%
• 1Y: 24.20%
• 3Y*: 17.04%
• 5Y*: —
• 10Y*: —

NUGIX

• 1D: 0.37%
• 1M: 0.14%
• YTD: 4.03%
• 6M: 4.43%
• 1Y: 13.61%
• 3Y*: 12.46%
• 5Y*: 8.78%
• 10Y*: 9.56%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DIVD vs. NUGIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DIVD Altrius Global Dividend ETF	11.28%	26.18%	2.52%	14.27%	17.01%
NUGIX Nuveen Global Dividend Growth Fund	4.03%	11.76%	15.34%	14.49%	11.95%

Correlation

The correlation between DIVD and NUGIX is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (All Time) Calculated using the full available price history since Sep 30, 2022	0.82

The correlation between DIVD and NUGIX has been stable across timeframes, ranging from 0.77 to 0.82 - a consistent structural relationship.

Return for Risk

DIVD vs. NUGIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DIVD

DIVD Risk / Return Rank: 70
DIVD Sharpe Ratio Rank: 68
DIVD Sortino Ratio Rank: 71
DIVD Omega Ratio Rank: 65
DIVD Calmar Ratio Rank: 74
DIVD Martin Ratio Rank: 73

NUGIX

NUGIX Risk / Return Rank: 22
NUGIX Sharpe Ratio Rank: 22
NUGIX Sortino Ratio Rank: 21
NUGIX Omega Ratio Rank: 20
NUGIX Calmar Ratio Rank: 21
NUGIX Martin Ratio Rank: 25

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DIVD vs. NUGIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Altrius Global Dividend ETF (DIVD) and Nuveen Global Dividend Growth Fund (NUGIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DIVD	NUGIX	Difference
Sharpe ratio: Return per unit of total volatility	2.14	1.24	+0.90
Sortino ratio: Return per unit of downside risk	3.07	1.76	+1.31
Omega ratio: Gain probability vs. loss probability	1.38	1.22	+0.16
Calmar ratio: Return relative to maximum drawdown	3.63	1.56	+2.06
Martin ratio: Return relative to average drawdown	13.28	5.58	+7.70

DIVD vs. NUGIX - Sharpe Ratio Comparison

The current DIVD Sharpe Ratio is 2.14, which is higher than the NUGIX Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of DIVD and NUGIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DIVD vs. NUGIX - Drawdown Comparison

The maximum DIVD drawdown since its inception was -13.88%, smaller than the maximum NUGIX drawdown of -33.65%. Use the drawdown chart below to compare losses from any high point for DIVD and NUGIX.

Drawdown Indicators

	DIVD	NUGIX	Difference
Max Drawdown Largest peak-to-trough decline	-13.88%	-33.65%	+19.77%
Max Drawdown (1Y) Largest decline over 1 year	-6.70%	-8.59%	+1.89%
Max Drawdown (3Y) Largest decline over 3 years	-13.88%	-15.32%	+1.44%
Max Drawdown (5Y) Largest decline over 5 years	—	-21.20%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.65%	—
Current Drawdown Current decline from peak	-2.02%	-1.03%	-0.99%
Average Drawdown Average peak-to-trough decline	-2.21%	-3.55%	+1.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.83%	2.40%	-0.57%

Volatility

DIVD vs. NUGIX - Volatility Comparison

The current volatility for Altrius Global Dividend ETF (DIVD) is 2.75%, while Nuveen Global Dividend Growth Fund (NUGIX) has a volatility of 3.24%. This indicates that DIVD experiences smaller price fluctuations and is considered to be less risky than NUGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIVD	NUGIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.75%	3.24%	-0.49%
Volatility (6M) Calculated over the trailing 6-month period	8.28%	8.48%	-0.20%
Volatility (1Y) Calculated over the trailing 1-year period	11.40%	10.88%	+0.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.25%	13.81%	-0.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.25%	15.50%	-2.25%

DIVD vs. NUGIX - Expense Ratio Comparison

DIVD has a 0.49% expense ratio, which is lower than NUGIX's 0.89% expense ratio.

Dividends

DIVD vs. NUGIX - Dividend Comparison

DIVD's dividend yield for the trailing twelve months is around 2.72%, less than NUGIX's 11.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DIVD Altrius Global Dividend ETF	2.72%	2.86%	3.39%	2.96%	0.60%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NUGIX Nuveen Global Dividend Growth Fund	11.25%	11.74%	7.84%	1.53%	4.27%	7.70%	1.86%	3.76%	4.98%	15.70%	2.02%	1.95%

Frequently Asked Questions

Can I hold both DIVD and NUGIX in my portfolio?

DIVD and NUGIX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DIVD or NUGIX?

NUGIX has higher volatility (3.24%) compared to DIVD (2.75%). In terms of maximum drawdown, DIVD dropped -13.88% vs NUGIX's -33.65%.

Which has better risk-adjusted returns?

DIVD currently has the higher Sharpe Ratio (2.14 vs 1.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.