NNY vs SCHD
Nuveen New York Municipal Value Fund Inc. vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | NNY | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | - | 0.06% | |
| AUM | - | $103.7B | |
| Dividend Yield | 3.96% | 3.31% | |
| Holdings | 134 | 104 | |
| YTD Return | -0.33% | +25.62% | |
| 1Y Return | +6.96% | +32.62% | |
| 3Y Return (annualized) | +3.99% | +15.58% | |
| 5Y Return (annualized) | -0.35% | +9.63% | |
| Volatility (annualized) | 8.5% | 13.6% | |
| Max Drawdown | -40.0% | -33.4% | |
| Fund Family | Nuveen | Charles Schwab Asset Management | |
| Category | Tax Preferred | Equity | |
| Inception | Oct 7, 1987 | Oct 20, 2011 |
NNY vs SCHD Performance
Nuveen New York Municipal Value Fund Inc. (NNY) is a ETF from Nuveen and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year NNY returned +6.96% while SCHD returned +32.62%. Year to date, NNY is down 0.33% versus a gain of 25.62% for SCHD.
Over three years, NNY compounded at +3.99% per year against +15.58% for SCHD; over five years the annualized figures are -0.35% and +9.63% respectively. Across the full 15-year window we track, SCHD has the edge at +11.47% annualized vs -0.24%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 8.5% for NNY. 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 -40.0% for NNY and -33.4% for SCHD. 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 0.24. They move independently enough that combining them can meaningfully diversify a portfolio.
Holdings Overlap
NNY and SCHD share 0 holdings out of 172 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which performed better, NNY or SCHD?
Over the past year NNY returned +6.96% vs +32.62% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), NNY annualized -0.24% vs +11.47% for SCHD. Past performance does not guarantee future results.
Which is riskier, NNY or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 8.5% for NNY. Worst drawdown: NNY -40.0% vs SCHD -33.4%.
Should I hold both NNY and SCHD?
NNY and SCHD have a monthly-return correlation of 0.24, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NNY and SCHD?
NNY and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 172 unique securities.
Which pays a higher dividend, NNY or SCHD?
NNY yields 3.96% while SCHD yields 3.31%, so NNY currently pays the higher dividend yield.
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