NWLG vs SCHD
Nuveen Winslow Large-Cap Growth ESG ETF 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 104 holdings.
Side-by-Side Comparison
| Metric | NWLG | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.06% | |
| AUM | $9M | $108.7B | |
| Dividend Yield | 0.00% | 3.13% | |
| Holdings | 42 | 104 | |
| YTD Return | -22.39% | +28.70% | |
| 1Y Return | +7.45% | +32.27% | |
| 3Y Return (annualized) | +13.26% | +17.27% | |
| 5Y Return (annualized) | - | +10.23% | |
| Volatility (annualized) | 21.3% | 13.7% | |
| Max Drawdown | -39.9% | -33.4% | |
| Fund Family | Nuveen | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Aug 4, 2021 | Oct 20, 2011 |
NWLG vs SCHD Performance
Nuveen Winslow Large-Cap Growth ESG ETF (NWLG) is a ETF from Nuveen and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year NWLG returned +7.45% while SCHD returned +32.27%. Year to date, NWLG is down 22.39% versus a gain of 28.70% for SCHD.
Over three years, NWLG compounded at +13.26% per year against +17.27% for SCHD. Across the full 5-year window we track, SCHD has the edge at +11.63% annualized vs +3.38%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NWLG has been the more volatile fund, with annualized monthly volatility of 21.3% compared with 13.7% 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 -39.9% for NWLG 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 0.45. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NWLG charges 0.65% per year while SCHD charges 0.06%. On a $10,000 position that is $65 vs $6 annually, a gap of $59 per year that compounds over a long holding period. On income, NWLG currently yields 0.00% against 3.13% for SCHD.
Holdings Overlap
NWLG and SCHD share 1 holdings out of 138 unique holdings combined, representing a 0.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in NWLG | Weight in SCHD | Difference |
|---|---|---|---|
| ARES | 1.49% | 0.72% | 0.77% |
Frequently Asked Questions
Which is cheaper, NWLG or SCHD?
NWLG has an expense ratio of 0.65% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $59 per year of difference.
Which performed better, NWLG or SCHD?
Over the past year NWLG returned +7.45% vs +32.27% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), NWLG annualized +3.38% vs +11.63% for SCHD. Past performance does not guarantee future results.
Which is riskier, NWLG or SCHD?
NWLG has been the more volatile fund at 21.3% annualized versus 13.7% for SCHD. Worst drawdown: NWLG -39.9% vs SCHD -33.4%.
Should I hold both NWLG and SCHD?
NWLG and SCHD have a monthly-return correlation of 0.45, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NWLG and SCHD?
NWLG and SCHD share 1 common holdings with a 0.7% weight overlap. Combined, they hold 138 unique securities.
Which pays a higher dividend, NWLG or SCHD?
NWLG yields 0.00% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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