NDVG vs. DGRO
Compare and contrast key facts about Nuveen Dividend Growth ETF (NDVG) and iShares Core Dividend Growth ETF (DGRO).
NDVG and DGRO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NDVG is an actively managed fund by Nuveen. It was launched on Aug 4, 2021. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NDVG or DGRO.
Key characteristics
| NDVG | DGRO | |
|---|---|---|
| YTD Return | 20.83% | 21.23% |
| 1Y Return | 32.35% | 33.72% |
| 3Y Return (Ann) | 9.75% | 8.55% |
| Sharpe Ratio | 3.16 | 3.32 |
| Sortino Ratio | 4.30 | 4.70 |
| Omega Ratio | 1.57 | 1.62 |
| Calmar Ratio | 5.78 | 3.79 |
| Martin Ratio | 22.28 | 22.54 |
| Ulcer Index | 1.41% | 1.44% |
| Daily Std Dev | 9.95% | 9.76% |
| Max Drawdown | -19.71% | -35.10% |
| Current Drawdown | -0.02% | 0.00% |
Correlation
The correlation between NDVG and DGRO is 0.95, 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
NDVG vs. DGRO - Performance Comparison
The year-to-date returns for both investments are quite close, with NDVG having a 20.83% return and DGRO slightly higher at 21.23%. 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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NDVG vs. DGRO - Expense Ratio Comparison
NDVG has a 0.64% expense ratio, which is higher than DGRO's 0.08% expense ratio.
Risk-Adjusted Performance
NDVG vs. DGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Dividend Growth ETF (NDVG) and iShares Core Dividend Growth ETF (DGRO). 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
NDVG vs. DGRO - Dividend Comparison
NDVG's dividend yield for the trailing twelve months is around 1.10%, less than DGRO's 2.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
NDVG Nuveen Dividend Growth ETF | 1.10% | 1.24% | 1.34% | 0.57% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
DGRO iShares Core Dividend Growth ETF | 2.15% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% |
Drawdowns
NDVG vs. DGRO - Drawdown Comparison
The maximum NDVG drawdown since its inception was -19.71%, smaller than the maximum DGRO drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for NDVG and DGRO. For additional features, visit the drawdowns tool.
Volatility
NDVG vs. DGRO - Volatility Comparison
The current volatility for Nuveen Dividend Growth ETF (NDVG) is 2.90%, while iShares Core Dividend Growth ETF (DGRO) has a volatility of 3.37%. This indicates that NDVG experiences smaller price fluctuations and is considered to be less risky than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.