NDJI vs. SWPPX
Compare and contrast key facts about Nationwide Dow Jones Risk-Managed Income ETF (NDJI) and Schwab S&P 500 Index Fund (SWPPX).
NDJI is an actively managed fund by Nationwide. It was launched on Dec 16, 2021. SWPPX is managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NDJI or SWPPX.
Key characteristics
| NDJI | SWPPX |
|---|
Correlation
The correlation between NDJI and SWPPX is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NDJI vs. SWPPX - Performance Comparison
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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NDJI vs. SWPPX - Expense Ratio Comparison
NDJI has a 0.68% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Risk-Adjusted Performance
NDJI vs. SWPPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nationwide Dow Jones Risk-Managed Income ETF (NDJI) and Schwab S&P 500 Index Fund (SWPPX). 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
NDJI vs. SWPPX - Dividend Comparison
NDJI has not paid dividends to shareholders, while SWPPX's dividend yield for the trailing twelve months is around 1.23%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NDJI Nationwide Dow Jones Risk-Managed Income ETF | 2.78% | 6.74% | 7.69% | 0.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SWPPX Schwab S&P 500 Index Fund | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.66% | 1.78% | 2.55% | 3.17% | 1.80% | 1.67% |
Drawdowns
NDJI vs. SWPPX - Drawdown Comparison
Volatility
NDJI vs. SWPPX - Volatility Comparison
The current volatility for Nationwide Dow Jones Risk-Managed Income ETF (NDJI) is 0.00%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 4.57%. This indicates that NDJI experiences smaller price fluctuations and is considered to be less risky than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.