NVIR vs SCHD
Horizon Kinetics Energy Remediation ETF vs Schwab US Dividend Equity ETF
Which is better, NVIR or SCHD?
Energy against Large Cap Value.
SCHD has a lower expense ratio. NVIR led over 1Y and the full window, SCHD over 3Y. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 46.8%.
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 | NVIR | SCHD |
|---|---|---|
| Expense Ratio | 0.85% | 0.06%Best |
| AUM | $5M | $112.2B |
| Dividend Yield | 0.76% | 3.13% |
| Holdings | 42 | 103 |
| YTD Return | +22.91% | +27.56%Best |
| 1Y Return | +31.71%Best | +30.29% |
| 3Y Return (annualized) | +14.96% | +16.37%Best |
| 5Y Return (annualized) | - | +10.23% |
| Volatility (annualized) | 14.5% | 13.1%Best |
| Max Drawdown | -22.5% | -16.1%Best |
| $10,000 over 3.5 years | $17,071Best | $15,726 |
| Top 10 Weight | 46.8% | 41.5%Best |
| Fund Family | Horizon Kinetics LLC | Charles Schwab Asset Management |
| Category | Commodity | Equity |
| Style | Energy | Large Cap Value |
| Inception | Feb 21, 2023 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 3.5 years row, are measured over the window both funds cover: Feb 22, 2023 to Sep 4, 2026 (3.5 years).
NVIR 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 3.5 years both funds cover.
NVIR vs SCHD Performance
Horizon Kinetics Energy Remediation ETF (NVIR) is an ETF from Horizon Kinetics LLC and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year NVIR returned +31.71% while SCHD returned +30.29%. Year to date, NVIR is up 22.91% versus a gain of 27.56% for SCHD.
Over three years, NVIR compounded at +14.96% per year against +16.37% for SCHD. Across the full 4-year window we track, NVIR has the edge at +16.51% annualized vs +13.81%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVIR has been the more volatile fund, with annualized monthly volatility of 14.5% compared with 13.1% 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 -22.5% for NVIR 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NVIR charges 0.85% per year while SCHD charges 0.06%. On a $10,000 position that is $85 vs $6 annually, a gap of $79 per year that compounds over a long holding period. On income, NVIR currently yields 0.76% against 3.13% for SCHD.
Holdings Overlap
7.9% of NVIR's money is in holdings SCHD also owns. 7.3% of SCHD's money is in holdings NVIR also owns.
NVIR and SCHD share little of their money.
3 positions in common, counted across the 39 positions we hold weights for in NVIR and 100 in SCHD, against full books of 42 and 103.
What only one of them owns
Our book lists 96 positions for SCHD that do not appear in our book for NVIR (92.6% of the fund), and 30 for NVIR that do not appear in SCHD (70.0%).
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 NVIR 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, NVIR or SCHD?
NVIR has an expense ratio of 0.85% while SCHD charges 0.06%. SCHD is the cheaper option, by $79 a year on a $10,000 investment.
Which performed better, NVIR or SCHD?
Over the past year NVIR returned +31.71% vs +30.29% for SCHD, so NVIR leads on 1-year performance. Over the longest common window we track (4 years), NVIR annualized +16.51% vs +13.81% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NVIR or SCHD?
NVIR has been the more volatile fund at 14.5% annualized versus 13.1% for SCHD. Worst drawdown: NVIR -22.5% vs SCHD -16.1%.
Should I hold both NVIR and SCHD?
NVIR and SCHD have a monthly-return correlation of 0.73, 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 NVIR and SCHD?
7.9% of NVIR's money is in holdings SCHD also owns. 7.3% of SCHD's is in holdings NVIR also owns. They hold 3 positions in common, counted across the 39 positions we hold weights for in NVIR and 100 in SCHD.
Which pays a higher dividend, NVIR or SCHD?
NVIR yields 0.76% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than NVIR?
SCHD has a lower expense ratio. NVIR led over 1Y and the full window, SCHD over 3Y. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 46.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.