NUDV vs. VOE
Compare and contrast key facts about Nuveen ESG Dividend ETF (NUDV) and Vanguard Mid-Cap Value ETF (VOE).
NUDV and VOE 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. VOE is a passively managed fund by Vanguard that tracks the performance of the CRSP US Mid Cap Value Index. It was launched on Aug 17, 2006. Both NUDV and VOE 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 VOE.
Key characteristics
NUDV | VOE | |
---|---|---|
YTD Return | 16.02% | 15.30% |
1Y Return | 25.09% | 24.33% |
Sharpe Ratio | 1.99 | 1.88 |
Daily Std Dev | 12.40% | 12.91% |
Max Drawdown | -20.10% | -61.55% |
Current Drawdown | -0.10% | -0.36% |
Correlation
The correlation between NUDV and VOE 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. VOE - Performance Comparison
The year-to-date returns for both stocks are quite close, with NUDV having a 16.02% return and VOE slightly lower at 15.30%. 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. VOE - Expense Ratio Comparison
NUDV has a 0.26% expense ratio, which is higher than VOE's 0.07% 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. VOE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen ESG Dividend ETF (NUDV) and Vanguard Mid-Cap Value ETF (VOE). 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. VOE - Dividend Comparison
NUDV's dividend yield for the trailing twelve months is around 2.59%, more than VOE's 2.09% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
Vanguard Mid-Cap Value ETF | 2.09% | 2.27% | 2.27% | 1.78% | 2.36% | 2.05% | 2.75% | 1.86% | 1.92% | 2.05% | 1.67% | 1.53% |
Drawdowns
NUDV vs. VOE - Drawdown Comparison
The maximum NUDV drawdown since its inception was -20.10%, smaller than the maximum VOE drawdown of -61.55%. Use the drawdown chart below to compare losses from any high point for NUDV and VOE. For additional features, visit the drawdowns tool.
Volatility
NUDV vs. VOE - Volatility Comparison
Nuveen ESG Dividend ETF (NUDV) and Vanguard Mid-Cap Value ETF (VOE) have volatilities of 3.06% and 2.99%, 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.