NITE vs SCHD
The Nightview Fund ETF vs Schwab US Dividend Equity ETF
Which is better, NITE or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. NITE led over the full window, SCHD over 1Y. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 63.3%.
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 | NITE | SCHD |
|---|---|---|
| Expense Ratio | 1.25% | 0.06%Best |
| AUM | $33M | $112.2B |
| Dividend Yield | 0.00% | 3.13% |
| Holdings | 22 | 103 |
| YTD Return | +9.51% | +27.56%Best |
| 1Y Return | +20.74% | +30.29%Best |
| 3Y Return (annualized) | - | +16.37% |
| 5Y Return (annualized) | - | +10.23% |
| Volatility (annualized) | 20.3% | 13.2%Best |
| Max Drawdown | -29.6% | -16.1%Best |
| $10,000 over 2.2 years | $16,246Best | $14,339 |
| Top 10 Weight | 63.3% | 41.5%Best |
| Fund Family | Nightview Capital | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jun 21, 2024 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jun 24, 2024 to Sep 4, 2026 (2.2 years).
NITE vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.2 years both funds cover.
NITE vs SCHD Performance
The Nightview Fund ETF (NITE) is an ETF from Nightview Capital and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year NITE returned +20.74% while SCHD returned +30.29%. Year to date, NITE is up 9.51% versus a gain of 27.56% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NITE has been the more volatile fund, with annualized monthly volatility of 20.3% compared with 13.2% for SCHD. 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 -29.6% for NITE and -16.1% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.16. They move largely independently of each other.
Fees and Cost Over Time
NITE charges 1.25% per year while SCHD charges 0.06%. On a $10,000 position that is $125 vs $6 annually, a gap of $119 per year that compounds over a long holding period. On income, NITE currently yields 0.00% against 3.13% for SCHD.
Holdings Overlap
We hold position weights for 20 holdings in NITE and 100 in SCHD, totalling 99.7% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 20 positions we hold weights for in NITE and 100 in SCHD, against full books of 22 and 103.
What only one of them owns
Our book lists 98 positions for SCHD that do not appear in our book for NITE (99.7% of the fund), and 19 for NITE that do not appear in SCHD (99.7%).
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.
You are not choosing between two funds in isolation.
Whichever of NITE and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, NITE or SCHD?
NITE has an expense ratio of 1.25% while SCHD charges 0.06%. SCHD is the cheaper option, by $119 a year on a $10,000 investment.
Which performed better, NITE or SCHD?
Over the past year NITE returned +20.74% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), NITE annualized +24.68% vs +17.80% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NITE or SCHD?
NITE has been the more volatile fund at 20.3% annualized versus 13.2% for SCHD. Worst drawdown: NITE -29.6% vs SCHD -16.1%.
Should I hold both NITE and SCHD?
NITE and SCHD have a monthly-return correlation of 0.16, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, NITE or SCHD?
NITE yields 0.00% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than NITE?
SCHD has a lower expense ratio. NITE led over the full window, SCHD over 1Y. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 63.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.