IGRO vs. NDVG
Compare and contrast key facts about iShares International Dividend Growth ETF (IGRO) and Nuveen Dividend Growth ETF (NDVG).
IGRO and NDVG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IGRO is a passively managed fund by iShares that tracks the performance of the Morningstar Global ex-US Dividend Growth Index. It was launched on May 17, 2016. NDVG is an actively managed fund by Nuveen. It was launched on Aug 4, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IGRO or NDVG.
Key characteristics
| IGRO | NDVG | |
|---|---|---|
| YTD Return | 14.06% | 19.84% |
| 1Y Return | 26.16% | 30.38% |
| 3Y Return (Ann) | 4.78% | 9.50% |
| Sharpe Ratio | 2.15 | 3.09 |
| Sortino Ratio | 2.99 | 4.21 |
| Omega Ratio | 1.38 | 1.56 |
| Calmar Ratio | 2.51 | 5.63 |
| Martin Ratio | 13.16 | 21.72 |
| Ulcer Index | 1.94% | 1.41% |
| Daily Std Dev | 11.85% | 9.92% |
| Max Drawdown | -36.25% | -19.71% |
| Current Drawdown | -3.97% | -0.84% |
Correlation
The correlation between IGRO and NDVG is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IGRO vs. NDVG - Performance Comparison
In the year-to-date period, IGRO achieves a 14.06% return, which is significantly lower than NDVG's 19.84% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IGRO vs. NDVG - Expense Ratio Comparison
IGRO has a 0.22% expense ratio, which is lower than NDVG's 0.64% expense ratio.
Risk-Adjusted Performance
IGRO vs. NDVG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares International Dividend Growth ETF (IGRO) and Nuveen Dividend Growth ETF (NDVG). 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.
Dividends
IGRO vs. NDVG - Dividend Comparison
IGRO's dividend yield for the trailing twelve months is around 2.47%, more than NDVG's 1.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
IGRO iShares International Dividend Growth ETF | 2.47% | 2.79% | 2.69% | 2.27% | 2.41% | 2.65% | 2.97% | 2.43% | 1.18% |
NDVG Nuveen Dividend Growth ETF | 1.11% | 1.24% | 1.34% | 0.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IGRO vs. NDVG - Drawdown Comparison
The maximum IGRO drawdown since its inception was -36.25%, which is greater than NDVG's maximum drawdown of -19.71%. Use the drawdown chart below to compare losses from any high point for IGRO and NDVG. For additional features, visit the drawdowns tool.
Volatility
IGRO vs. NDVG - Volatility Comparison
iShares International Dividend Growth ETF (IGRO) has a higher volatility of 3.39% compared to Nuveen Dividend Growth ETF (NDVG) at 2.83%. This indicates that IGRO's price experiences larger fluctuations and is considered to be riskier than NDVG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.