NCPB vs SCHD
NCPB vs SCHD
Nuveen Core Plus Bond ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. NCPB offers more diversification with 366 holdings.
Side-by-Side Comparison
| Metric | NCPB | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.31% | 0.06% | |
| AUM | $55M | $103.7B | |
| Dividend Yield | 5.17% | 3.31% | |
| Holdings | 476 | 104 | |
| YTD Return | -0.11% | +22.69% | |
| 1Y Return | +3.78% | +30.94% | |
| 3Y Return (annualized) | - | +14.20% | |
| 5Y Return (annualized) | - | +9.59% | |
| Volatility (annualized) | 4.4% | 13.7% | |
| Max Drawdown | -2.9% | -33.4% | |
| Fund Family | Nuveen | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Mar 5, 2024 | Oct 20, 2011 |
NCPB vs SCHD Performance
Nuveen Core Plus Bond ETF (NCPB) is a ETF from Nuveen and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year NCPB returned +3.78% while SCHD returned +30.94%. Year to date, NCPB is down 0.11% versus a gain of 22.69% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 4.4% for NCPB. 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 -2.9% for NCPB 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 0.43. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NCPB charges 0.31% per year while SCHD charges 0.06%. On a $10,000 position that is $31 vs $6 annually, a gap of $25 per year that compounds over a long holding period. On income, NCPB currently yields 5.17% against 3.31% for SCHD.
Holdings Overlap
NCPB and SCHD share 0 holdings out of 466 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, NCPB or SCHD?
NCPB has an expense ratio of 0.31% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $25 per year of difference.
Which performed better, NCPB or SCHD?
Over the past year NCPB returned +3.78% vs +30.94% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), NCPB annualized +6.05% vs +11.31% for SCHD. Past performance does not guarantee future results.
Which is riskier, NCPB or SCHD?
SCHD has been the more volatile fund at 13.7% annualized versus 4.4% for NCPB. Worst drawdown: NCPB -2.9% vs SCHD -33.4%.
Should I hold both NCPB and SCHD?
NCPB and SCHD have a monthly-return correlation of 0.43, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NCPB and SCHD?
NCPB and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 466 unique securities.
Which pays a higher dividend, NCPB or SCHD?
NCPB yields 5.17% while SCHD yields 3.31%, so NCPB currently pays the higher dividend yield.
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