NUDM vs VOO
Nuveen ESG International Developed Markets Equity ETF vs Vanguard S&P 500 ETF
Which is better, NUDM or VOO?
Each has led over a different period.
VOO has a lower expense ratio. NUDM led over 1Y, VOO over 3Y, 5Y and the full window. NUDM is less concentrated, with 22.6% of the fund in its ten largest positions against 36.4%.
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 | NUDM | VOO |
|---|---|---|
| Expense Ratio | 0.27% | 0.03%Best |
| AUM | $738M | $997.4B |
| Dividend Yield | 4.94% | 1.08% |
| Holdings | 188 | 509 |
| YTD Return | +13.04% | +13.37%Best |
| 1Y Return | +21.49%Best | +20.08% |
| 3Y Return (annualized) | +19.12% | +21.29%Best |
| 5Y Return (annualized) | +8.79% | +12.89%Best |
| Volatility (annualized) | 15.9%Tie | 15.9%Tie |
| Max Drawdown | -32.0%Best | -34.3% |
| $10,000 over 5 years | $15,239 | $18,335Best |
| Top 10 Weight | 22.6%Best | 36.4% |
| Fund Family | Nuveen | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 6, 2017 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Jun 7, 2017 to Sep 4, 2026 (9.2 years).
NUDM vs VOO 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 9.2 years both funds cover.
NUDM vs VOO Performance
Nuveen ESG International Developed Markets Equity ETF (NUDM) is an ETF from Nuveen and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year NUDM returned +21.49% while VOO returned +20.08%. Year to date, NUDM is up 13.04% versus a gain of 13.37% for VOO.
Over three years, NUDM compounded at +19.12% per year against +21.29% for VOO; over five years the annualized figures are +8.79% and +12.89% respectively. Across the full 9-year window we track, VOO has the edge at +14.23% annualized vs +8.81%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NUDM and VOO have been equally volatile, both at 15.9% annualized.
The deepest peak-to-trough decline in our data was -32.0% for NUDM and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NUDM charges 0.27% per year while VOO charges 0.03%. On a $10,000 position that is $27 vs $3 annually, a gap of $24 per year that compounds over a long holding period. On income, NUDM currently yields 4.94% against 1.08% for VOO.
Holdings Overlap
0.1% of VOO's money is in holdings NUDM also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 149 positions we hold weights for in NUDM and 504 in VOO, against full books of 188 and 509.
What only one of them owns
Our book lists 494 positions for VOO that do not appear in our book for NUDM (99.3% of the fund), and 9 for NUDM that do not appear in VOO (6.4%).
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 NUDM | Weight in VOO | Difference |
|---|---|---|---|
| UMG:ASUniversal Music Group NV | 0.03% | 0.06% | 0.03% |
You are not choosing between two funds in isolation.
Whichever of NUDM and VOO 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, NUDM or VOO?
NUDM has an expense ratio of 0.27% while VOO charges 0.03%. VOO is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, NUDM or VOO?
Over the past year NUDM returned +21.49% vs +20.08% for VOO, so NUDM leads on 1-year performance. Over the longest common window we track (9 years), NUDM annualized +8.81% vs +14.23% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NUDM or VOO?
NUDM and VOO have been equally volatile, both at 15.9% annualized. Worst drawdown: NUDM -32.0% vs VOO -34.3%.
Should I hold both NUDM and VOO?
NUDM and VOO have a monthly-return correlation of 0.83, 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, NUDM or VOO?
NUDM yields 4.94% while VOO yields 1.08%, so NUDM currently pays the higher dividend yield.
Is VOO better than NUDM?
VOO has a lower expense ratio. NUDM led over 1Y, VOO over 3Y, 5Y and the full window. NUDM is less concentrated, with 22.6% of the fund in its ten largest positions against 36.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.