EQTY vs NDVG
Kovitz Core Equity ETF vs Nuveen Dividend Growth ETF
Which is better, EQTY or NDVG?
EQTY has been ahead.
NDVG has a lower expense ratio. EQTY led over 1Y and the full window. EQTY is less concentrated, with 42.9% of the fund in its ten largest positions against 43.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EQTY | NDVG |
|---|---|---|
| Expense Ratio | 0.99% | 0.65%Best |
| AUM | $1.4B | $13M |
| Dividend Yield | 0.02% | 1.09% |
| Holdings | 77 | 43 |
| Volatility (annualized) | 13.2% | 10.3%Best |
| Max Drawdown | -17.3% | -14.9%Best |
| $10,000 over 3.3 years | $15,787Best | $13,729 |
| Top 10 Weight | 42.9%Best | 43.3% |
| Fund Family | Kovitz Investment Group | Nuveen |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 28, 2011 | Aug 4, 2021 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 219 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. EQTY has data through Nov 11, 2026 and NDVG through Apr 6, 2026.
Volatility and max drawdown, and the $10,000 over 3.3 years row, are measured over the window both funds cover: Dec 12, 2022 to Apr 6, 2026 (3.3 years).
Risk: Volatility and Drawdowns
EQTY has been the more volatile fund, with annualized monthly volatility of 13.2% compared with 10.3% for NDVG. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -17.3% for EQTY and -14.9% for NDVG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EQTY charges 0.99% per year while NDVG charges 0.65%. On a $10,000 position that is $99 vs $65 annually, a gap of $34 per year that compounds over a long holding period. On income, EQTY currently yields 0.02% against 1.09% for NDVG.
Holdings Overlap
25.9% of EQTY's money is in holdings NDVG also owns. 26.0% of NDVG's money is in holdings EQTY also owns.
NDVG and EQTY share little of their money.
The two holdings books were reported 288 days apart, EQTY as of Oct 15, 2026 and NDVG as of Dec 31, 2025, so some of the difference between them is the time between the two reports rather than the funds.
8 positions in common, counted across the 37 positions we hold weights for in EQTY and 41 in NDVG, against full books of 77 and 43.
What only one of them owns
Our book lists 29 positions for NDVG that do not appear in our book for EQTY (62.5% of the fund), and 28 for EQTY that do not appear in NDVG (67.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in EQTY | Weight in NDVG | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.24% | 7.90% | 2.66% |
| AAPLApple Inc | 1.72% | 6.70% | 4.98% |
| PMPhilip Morris International Inc. | 4.17% | 2.23% | 1.94% |
| DHRDanaher Corporation | 3.74% | 1.95% | 1.79% |
| MSIMotorola Solutions, Inc | 3.21% | 2.18% | 1.03% |
| SPGIS&p Global Inc. | 2.92% | 1.82% | 1.10% |
| METAMeta Platforms Inc | 3.22% | 1.51% | 1.71% |
| LOWLowes Cos., Inc. | 1.69% | 1.75% | 0.06% |
26.0% of NDVG is already inside EQTY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EQTY or NDVG?
EQTY has an expense ratio of 0.99% while NDVG charges 0.65%. NDVG is the cheaper option, by $34 a year on a $10,000 investment.
Which is riskier, EQTY or NDVG?
EQTY has been the more volatile fund at 13.2% annualized versus 10.3% for NDVG. Worst drawdown: EQTY -17.3% vs NDVG -14.9%.
Should I hold both EQTY and NDVG?
EQTY and NDVG have a monthly-return correlation of 0.77, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between EQTY and NDVG?
26.0% of NDVG's money is in holdings EQTY also owns. 26.0% of NDVG's is in holdings EQTY also owns. They hold 8 positions in common, counted across the 37 positions we hold weights for in EQTY and 41 in NDVG.
Which pays a higher dividend, EQTY or NDVG?
EQTY yields 0.02% while NDVG yields 1.09%, so NDVG currently pays the higher dividend yield.
Is NDVG better than EQTY?
NDVG has a lower expense ratio. EQTY led over 1Y and the full window. EQTY is less concentrated, with 42.9% of the fund in its ten largest positions against 43.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.