NDVG vs VOO

Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricNDVGVOOWinner
Expense Ratio0.65%0.03%
AUM$13M$979.0B
Dividend Yield1.09%1.09%
Holdings43509
YTD Return-5.29%+13.72%
1Y Return+16.39%+21.63%
3Y Return (annualized)+11.65%+21.55%
5Y Return (annualized)-+13.26%
Volatility (annualized)14.1%14.1%
Max Drawdown-19.7%-34.3%
Fund FamilyNuveenVanguard (US)
CategoryEquityEquity
InceptionAug 4, 2021Sep 7, 2010

NDVG vs VOO Performance

Nuveen Dividend Growth ETF (NDVG) is a ETF from Nuveen and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year NDVG returned +16.39% while VOO returned +21.63%. Year to date, NDVG is down 5.29% versus a gain of 13.72% for VOO.

Over three years, NDVG compounded at +11.65% per year against +21.55% for VOO. Across the full 5-year window we track, VOO has the edge at +13.56% annualized vs +7.83%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 14.1% 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 -19.7% for NDVG and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

NDVG charges 0.65% per year while VOO charges 0.03%. On a $10,000 position that is $65 vs $3 annually, a gap of $62 per year that compounds over a long holding period. On income, NDVG currently yields 1.09% against 1.09% for VOO.

Holdings Overlap

24.1%overlap

NDVG and VOO share 36 holdings out of 510 unique holdings combined, representing a 24.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in NDVGWeight in VOODifference
AAPL6.70%6.59%0.11%
MSFT7.90%4.30%3.60%
AVGO5.85%2.77%3.08%
JPM:USProProPro
APHProProPro
AXPProProPro
METAProProPro
MAProProPro
ABBVProProPro
NEEProProPro
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Frequently Asked Questions

Which is cheaper, NDVG or VOO?

NDVG has an expense ratio of 0.65% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $62 per year of difference.

Which performed better, NDVG or VOO?

Over the past year NDVG returned +16.39% vs +21.63% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (5 years), NDVG annualized +7.83% vs +13.56% for VOO. Past performance does not guarantee future results.

Which is riskier, NDVG or VOO?

VOO has been the more volatile fund at 14.1% annualized versus 14.1% for NDVG. Worst drawdown: NDVG -19.7% vs VOO -34.3%.

Should I hold both NDVG and VOO?

NDVG and VOO have a monthly-return correlation of 0.87, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between NDVG and VOO?

NDVG and VOO share 36 common holdings with a 24.1% weight overlap. Combined, they hold 510 unique securities.

Which pays a higher dividend, NDVG or VOO?

NDVG yields 1.09% while VOO yields 1.09%, so NDVG currently pays the higher dividend yield.

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