NVOH vs SCHD
Novo Nordisk A/S (B Shares) ADRhedged vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | NVOH | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.19% | 0.06% | |
| AUM | $4M | $103.7B | |
| Dividend Yield | 7.24% | 3.31% | |
| Holdings | 2 | 104 | |
| YTD Return | -5.06% | +25.33% | |
| 1Y Return | +0.66% | +32.31% | |
| 3Y Return (annualized) | - | +15.40% | |
| 5Y Return (annualized) | - | +9.70% | |
| Volatility (annualized) | 50.3% | 13.6% | |
| Max Drawdown | -61.6% | -33.4% | |
| Fund Family | ADRH | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Jan 2, 2025 | Oct 20, 2011 |
NVOH vs SCHD Performance
Novo Nordisk A/S (B Shares) ADRhedged (NVOH) is a ETF from ADRH and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year NVOH returned +0.66% while SCHD returned +32.31%. Year to date, NVOH is down 5.06% versus a gain of 25.33% for SCHD.
Risk: Volatility and Drawdowns
NVOH has been the more volatile fund, with annualized monthly volatility of 50.3% 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 -61.6% for NVOH 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 0.20. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NVOH charges 0.19% per year while SCHD charges 0.06%. On a $10,000 position that is $19 vs $6 annually, a gap of $13 per year that compounds over a long holding period. On income, NVOH currently yields 7.24% against 3.31% for SCHD.
Holdings Overlap
NVOH and SCHD share 0 holdings out of 101 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, NVOH or SCHD?
NVOH has an expense ratio of 0.19% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $13 per year of difference.
Which performed better, NVOH or SCHD?
Over the past year NVOH returned +0.66% vs +32.31% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), NVOH annualized -30.80% vs +11.45% for SCHD. Past performance does not guarantee future results.
Which is riskier, NVOH or SCHD?
NVOH has been the more volatile fund at 50.3% annualized versus 13.6% for SCHD. Worst drawdown: NVOH -61.6% vs SCHD -33.4%.
Should I hold both NVOH and SCHD?
NVOH and SCHD have a monthly-return correlation of 0.20, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NVOH and SCHD?
NVOH and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, NVOH or SCHD?
NVOH yields 7.24% while SCHD yields 3.31%, so NVOH currently pays the higher dividend yield.
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