NUDV vs. SCHD
Compare and contrast key facts about Nuveen ESG Dividend ETF (NUDV) and Schwab US Dividend Equity ETF (SCHD).
NUDV and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NUDV is a passively managed fund by Nuveen that tracks the performance of the Nuveen ESG USA High Dividend Yield Index. It was launched on Sep 27, 2021. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011. Both NUDV and SCHD 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: NUDV or SCHD.
Key characteristics
| NUDV | SCHD | |
|---|---|---|
| YTD Return | 16.02% | 12.56% |
| 1Y Return | 25.09% | 18.96% |
| Sharpe Ratio | 1.99 | 1.58 |
| Daily Std Dev | 12.40% | 11.80% |
| Max Drawdown | -20.10% | -33.37% |
| Current Drawdown | -0.10% | -0.46% |
Correlation
The correlation between NUDV and SCHD is 0.96, 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
NUDV vs. SCHD - Performance Comparison
In the year-to-date period, NUDV achieves a 16.02% return, which is significantly higher than SCHD's 12.56% 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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NUDV vs. SCHD - Expense Ratio Comparison
NUDV has a 0.26% expense ratio, which is higher than SCHD's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
NUDV vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen ESG Dividend ETF (NUDV) and Schwab US Dividend Equity ETF (SCHD). 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
NUDV vs. SCHD - Dividend Comparison
NUDV's dividend yield for the trailing twelve months is around 2.59%, less than SCHD's 3.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NUDV Nuveen ESG Dividend ETF | 2.59% | 2.48% | 2.96% | 0.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.37% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
NUDV vs. SCHD - Drawdown Comparison
The maximum NUDV drawdown since its inception was -20.10%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for NUDV and SCHD. For additional features, visit the drawdowns tool.
Volatility
NUDV vs. SCHD - Volatility Comparison
Nuveen ESG Dividend ETF (NUDV) and Schwab US Dividend Equity ETF (SCHD) have volatilities of 3.06% and 3.09%, 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.