NUSC vs. SCHA
NUSC (Nuveen ESG Small-Cap ETF) and SCHA (Schwab U.S. Small-Cap ETF) are both exchange-traded funds - NUSC is a Small Cap Growth Equities fund tracking the MSCI TIAA ESG USA Small Cap, while SCHA is a Small Cap Blend Equities fund tracking the Dow Jones U.S. Small-Cap Total Stock Market Index. Both are passively managed. Over the past 5 years, NUSC returned 4.68%/yr vs 7.13%/yr for SCHA. With a 0.97 correlation, they move nearly in lockstep. NUSC charges 0.30%/yr vs 0.04%/yr for SCHA.
Performance
NUSC vs. SCHA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NUSC achieves a 12.88% return, which is significantly lower than SCHA's 19.79% return.
NUSC
- 1D
- -0.57%
- 1M
- 3.77%
- YTD
- 12.88%
- 6M
- 12.74%
- 1Y
- 27.41%
- 3Y*
- 13.27%
- 5Y*
- 4.68%
- 10Y*
- —
SCHA
- 1D
- -0.58%
- 1M
- 4.77%
- YTD
- 19.79%
- 6M
- 19.32%
- 1Y
- 40.27%
- 3Y*
- 18.92%
- 5Y*
- 7.13%
- 10Y*
- 11.13%
NUSC vs. SCHA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NUSC Nuveen ESG Small-Cap ETF | 12.88% | 7.72% | 8.29% | 15.72% | -17.73% | 17.51% | 23.69% | 27.09% | -9.40% | 16.50% |
SCHA Schwab U.S. Small-Cap ETF | 19.79% | 11.60% | 11.16% | 18.46% | -19.81% | 16.45% | 19.34% | 26.50% | -11.79% | 14.94% |
Correlation
The correlation between NUSC and SCHA is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.97 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2016 | 0.97 |
The correlation between NUSC and SCHA has been stable across timeframes, ranging from 0.97 to 0.99 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NUSC vs. SCHA — Risk / Return Rank
NUSC
SCHA
NUSC vs. SCHA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen ESG Small-Cap ETF (NUSC) and Schwab U.S. Small-Cap ETF (SCHA). 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.
| NUSC | SCHA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.64 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.38 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.72 | 4.26 | -1.53 |
| Martin ratioReturn relative to average drawdown | 9.81 | 15.66 | -5.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| NUSC | SCHA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.61 | 2.25 | -0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.22 | 0.33 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.49 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.57 | -0.13 |
Drawdowns
NUSC vs. SCHA - Drawdown Comparison
The maximum NUSC drawdown since its inception was -41.49%, roughly equal to the maximum SCHA drawdown of -42.41%. Use the drawdown chart below to compare losses from any high point for NUSC and SCHA.
Loading charts...
Drawdown Indicators
| NUSC | SCHA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.49% | -42.41% | +0.92% |
Max Drawdown (1Y)Largest decline over 1 year | -10.10% | -9.50% | -0.60% |
Max Drawdown (3Y)Largest decline over 3 years | -26.95% | -27.29% | +0.34% |
Max Drawdown (5Y)Largest decline over 5 years | -28.85% | -30.79% | +1.94% |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.41% | — |
Current DrawdownCurrent decline from peak | -0.57% | -0.58% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -8.21% | -7.58% | -0.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.80% | 2.58% | +0.22% |
Volatility
NUSC vs. SCHA - Volatility Comparison
The current volatility for Nuveen ESG Small-Cap ETF (NUSC) is 4.50%, while Schwab U.S. Small-Cap ETF (SCHA) has a volatility of 5.08%. This indicates that NUSC experiences smaller price fluctuations and is considered to be less risky than SCHA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NUSC | SCHA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.50% | 5.08% | -0.58% |
Volatility (6M)Calculated over the trailing 6-month period | 12.17% | 12.83% | -0.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.11% | 18.01% | -0.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.15% | 21.93% | -0.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.36% | 22.71% | -0.35% |
NUSC vs. SCHA - Expense Ratio Comparison
NUSC has a 0.30% expense ratio, which is higher than SCHA's 0.04% expense ratio.
Dividends
NUSC vs. SCHA - Dividend Comparison
NUSC's dividend yield for the trailing twelve months is around 0.93%, less than SCHA's 1.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NUSC Nuveen ESG Small-Cap ETF | 0.93% | 1.05% | 1.15% | 1.11% | 1.16% | 7.06% | 0.52% | 0.90% | 3.95% | 0.94% | 0.00% | 0.00% |
SCHA Schwab U.S. Small-Cap ETF | 1.00% | 1.26% | 1.51% | 1.42% | 1.37% | 1.19% | 1.05% | 1.39% | 1.58% | 1.24% | 1.50% | 1.48% |
Frequently Asked Questions
With a correlation of 0.97, NUSC and SCHA move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
SCHA has higher volatility (5.08%) compared to NUSC (4.50%). In terms of maximum drawdown, NUSC dropped -41.49% vs SCHA's -42.41%.
On 5-year performance, SCHA leads with 7.13% vs 4.68% for NUSC. On fees, SCHA is cheaper at 0.04% per year. On volatility, NUSC has been the lower-risk option at 4.50%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SCHA has performed better with a 7.13% return vs 4.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHA is cheaper with a 0.04% expense ratio, compared with 0.30% for NUSC.
SCHA has the higher dividend yield at 1.00%, compared with 0.93% for NUSC.
NUSC is categorized as Small Cap Growth Equities, while SCHA is Small Cap Blend Equities. NUSC tracks MSCI TIAA ESG USA Small Cap, while SCHA tracks Dow Jones U.S. Small-Cap Total Stock Market Index. They also come from different issuers: Nuveen and Charles Schwab. Their fees differ too: 0.30% for NUSC and 0.04% for SCHA.
SCHA currently has the higher Sharpe Ratio (2.25 vs 1.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for NUSC and SCHA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer