NUDM vs. SPDW
Compare and contrast key facts about Nuveen ESG International Developed Markets Equity ETF (NUDM) and SPDR Portfolio World ex-US ETF (SPDW).
NUDM and SPDW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NUDM is a passively managed fund by Nuveen that tracks the performance of the MSCI TIAA ESG International DM. It was launched on Jun 7, 2017. SPDW is a passively managed fund by State Street that tracks the performance of the S&P Developed Ex-U.S. BMI Index. It was launched on Apr 26, 2007. Both NUDM and SPDW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NUDM or SPDW.
Correlation
The correlation between NUDM and SPDW is 0.92, 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
NUDM vs. SPDW - Performance Comparison
Key characteristics
NUDM:
0.98
SPDW:
0.88
NUDM:
1.42
SPDW:
1.28
NUDM:
1.17
SPDW:
1.16
NUDM:
1.34
SPDW:
1.18
NUDM:
3.16
SPDW:
2.78
NUDM:
4.10%
SPDW:
4.07%
NUDM:
13.29%
SPDW:
12.86%
NUDM:
-32.01%
SPDW:
-60.02%
NUDM:
-1.65%
SPDW:
-1.50%
Returns By Period
The year-to-date returns for both investments are quite close, with NUDM having a 7.80% return and SPDW slightly higher at 8.06%.
NUDM
7.80%
4.16%
2.11%
12.44%
7.08%
N/A
SPDW
8.06%
4.33%
2.61%
10.91%
6.67%
5.59%
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NUDM vs. SPDW - Expense Ratio Comparison
NUDM has a 0.30% expense ratio, which is higher than SPDW's 0.04% expense ratio.
Risk-Adjusted Performance
NUDM vs. SPDW — Risk-Adjusted Performance Rank
NUDM
SPDW
NUDM vs. SPDW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen ESG International Developed Markets Equity ETF (NUDM) and SPDR Portfolio World ex-US ETF (SPDW). 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
NUDM vs. SPDW - Dividend Comparison
NUDM's dividend yield for the trailing twelve months is around 3.09%, more than SPDW's 2.96% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NUDM Nuveen ESG International Developed Markets Equity ETF | 3.09% | 3.33% | 3.14% | 1.98% | 4.31% | 1.47% | 3.42% | 2.45% | 0.47% | 0.00% | 0.00% | 0.00% |
SPDW SPDR Portfolio World ex-US ETF | 2.96% | 3.19% | 2.75% | 3.12% | 3.04% | 1.87% | 3.13% | 3.08% | 1.86% | 3.11% | 2.79% | 3.51% |
Drawdowns
NUDM vs. SPDW - Drawdown Comparison
The maximum NUDM drawdown since its inception was -32.01%, smaller than the maximum SPDW drawdown of -60.02%. Use the drawdown chart below to compare losses from any high point for NUDM and SPDW. For additional features, visit the drawdowns tool.
Volatility
NUDM vs. SPDW - Volatility Comparison
Nuveen ESG International Developed Markets Equity ETF (NUDM) and SPDR Portfolio World ex-US ETF (SPDW) have volatilities of 3.35% and 3.41%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.