NUDV vs VOO
Nuveen ESG Dividend ETF vs Vanguard S&P 500 ETF
Which is better, NUDV or VOO?
Large Cap Value against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. NUDV is less concentrated, with 23.5% of the fund in its ten largest positions against 37.6%.
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 | NUDV | VOO |
|---|---|---|
| Expense Ratio | 0.26% | 0.03%Best |
| AUM | $54M | $1.0T |
| Dividend Yield | 2.07% | 1.04% |
| Holdings | 86 | 506 |
| YTD Return | +7.30% | +13.59%Best |
| 1Y Return | +11.68% | +16.33%Best |
| 3Y Return (annualized) | +15.88% | +23.81%Best |
| 5Y Return (annualized) | +8.74% | +14.02%Best |
| Volatility (annualized) | 15.8% | 15.5%Best |
| Max Drawdown | -20.1%Best | -24.5% |
| $10,000 over 5 years | $15,204 | $19,271Best |
| Top 10 Weight | 23.5%Best | 37.6% |
| Fund Family | Nuveen | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Sep 27, 2021 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 28, 2021 to Oct 2, 2026 (5 years).
NUDV 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 5 years both funds cover.
NUDV vs VOO Performance
Nuveen ESG Dividend ETF (NUDV) is an ETF from Nuveen and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year NUDV returned +11.68% while VOO returned +16.33%. Year to date, NUDV is up 7.30% versus a gain of 13.59% for VOO.
Over three years, NUDV compounded at +15.88% per year against +23.81% for VOO; over five years the annualized figures are +8.74% and +14.02% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NUDV has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 15.5% for VOO. 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 -20.1% for NUDV and -24.5% 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
NUDV charges 0.26% per year while VOO charges 0.03%. On a $10,000 position that is $26 vs $3 annually, a gap of $23 per year that compounds over a long holding period. On income, NUDV currently yields 2.07% against 1.04% for VOO.
Holdings Overlap
95.7% of NUDV's money is in holdings VOO also owns. 13.1% of VOO's money is in holdings NUDV also owns.
Most of NUDV is already inside VOO. Owning both mostly buys the same companies twice.
The two holdings books were reported 46 days apart, NUDV as of Sep 15, 2026 and VOO as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
79 positions in common, counted across the 83 positions we hold weights for in NUDV and 494 in VOO, against full books of 86 and 506.
What only one of them owns
Our book lists 409 positions for VOO that do not appear in our book for NUDV (86.1% of the fund), and 3 for NUDV that do not appear in VOO (3.3%).
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 NUDV | Weight in VOO | Difference |
|---|---|---|---|
| KOCoca Cola Co. | 2.66% | 0.53% | 2.13% |
| MRKMerck & Company Inc | 2.60% | 0.50% | 2.10% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.34% | 0.71% | 1.63% |
| GSGoldman Sachs Group Inc/The | 2.54% | 0.45% | 2.09% |
| ABBVAbbvie Inc. | 2.18% | 0.69% | 1.49% |
| PGProcter & Gamble Company | 2.32% | 0.52% | 1.80% |
| MSMorgan Stanley | 2.32% | 0.39% | 1.93% |
| IBMInternational Business Machines Corp. | 2.25% | 0.33% | 1.92% |
| VZVerizon Communications Inc Vz | 2.14% | 0.30% | 1.84% |
| DEDeere & Co Sedol 2261203 | 2.12% | 0.23% | 1.89% |
95.7% of NUDV is already inside VOO.
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, NUDV or VOO?
NUDV has an expense ratio of 0.26% while VOO charges 0.03%. VOO is the cheaper option, by $23 a year on a $10,000 investment.
Which performed better, NUDV or VOO?
Over the past year NUDV returned +11.68% vs +16.33% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NUDV or VOO?
NUDV has been the more volatile fund at 15.8% annualized versus 15.5% for VOO. Worst drawdown: NUDV -20.1% vs VOO -24.5%.
Should I hold both NUDV and VOO?
NUDV 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.
What is the holdings overlap between NUDV and VOO?
95.7% of NUDV's money is in holdings VOO also owns. 13.1% of VOO's is in holdings NUDV also owns. They hold 79 positions in common, counted across the 83 positions we hold weights for in NUDV and 494 in VOO.
Which pays a higher dividend, NUDV or VOO?
NUDV yields 2.07% while VOO yields 1.04%, so NUDV currently pays the higher dividend yield.
Is VOO better than NUDV?
VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. NUDV is less concentrated, with 23.5% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.