NULV vs SCHD
Nuveen ESG Large-Cap Value ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. NULV offers more diversification with 101 holdings.
Side-by-Side Comparison
| Metric | NULV | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.26% | 0.06% | |
| AUM | $2.2B | $103.7B | |
| Dividend Yield | 1.47% | 3.31% | |
| Holdings | 111 | 104 | |
| YTD Return | +18.70% | +25.62% | |
| 1Y Return | +30.20% | +32.62% | |
| 3Y Return (annualized) | +17.30% | +15.58% | |
| 5Y Return (annualized) | +9.47% | +9.63% | |
| Volatility (annualized) | 15.5% | 13.6% | |
| Max Drawdown | -37.0% | -33.4% | |
| Fund Family | Nuveen | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Dec 13, 2016 | Oct 20, 2011 |
NULV vs SCHD Performance
Nuveen ESG Large-Cap Value ETF (NULV) is a ETF from Nuveen and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year NULV returned +30.20% while SCHD returned +32.62%. Year to date, NULV is up 18.70% versus a gain of 25.62% for SCHD.
Over three years, NULV compounded at +17.30% per year against +15.58% for SCHD; over five years the annualized figures are +9.47% and +9.63% respectively. Across the full 10-year window we track, SCHD has the edge at +11.47% annualized vs +10.59%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NULV has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 13.6% 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 -37.0% for NULV 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
NULV charges 0.26% per year while SCHD charges 0.06%. On a $10,000 position that is $26 vs $6 annually, a gap of $20 per year that compounds over a long holding period. On income, NULV currently yields 1.47% against 3.31% for SCHD.
Holdings Overlap
NULV and SCHD share 13 holdings out of 188 unique holdings combined, representing a 13.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, NULV or SCHD?
NULV has an expense ratio of 0.26% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $20 per year of difference.
Which performed better, NULV or SCHD?
Over the past year NULV returned +30.20% vs +32.62% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (10 years), NULV annualized +10.59% vs +11.47% for SCHD. Past performance does not guarantee future results.
Which is riskier, NULV or SCHD?
NULV has been the more volatile fund at 15.5% annualized versus 13.6% for SCHD. Worst drawdown: NULV -37.0% vs SCHD -33.4%.
Should I hold both NULV and SCHD?
NULV and SCHD have a monthly-return correlation of 0.94, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between NULV and SCHD?
NULV and SCHD share 13 common holdings with a 13.7% weight overlap. Combined, they hold 188 unique securities.
Which pays a higher dividend, NULV or SCHD?
NULV yields 1.47% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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