NUAG vs SCHD
NUAG vs SCHD
Nuveen Enhanced Yield US Aggregate Bond ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. NUAG offers more diversification with 786 holdings.
Side-by-Side Comparison
| Metric | NUAG | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.16% | 0.06% | |
| AUM | $95M | $103.7B | |
| Dividend Yield | 4.47% | 3.31% | |
| Holdings | 862 | 104 | |
| YTD Return | -0.51% | +23.02% | |
| 1Y Return | +1.89% | +30.75% | |
| 3Y Return (annualized) | +4.50% | +14.89% | |
| 5Y Return (annualized) | -0.26% | +9.38% | |
| Volatility (annualized) | 5.5% | 13.6% | |
| Max Drawdown | -20.8% | -33.4% | |
| Fund Family | Nuveen | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Sep 14, 2016 | Oct 20, 2011 |
NUAG vs SCHD Performance
Nuveen Enhanced Yield US Aggregate Bond ETF (NUAG) is a ETF from Nuveen and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year NUAG returned +1.89% while SCHD returned +30.75%. Year to date, NUAG is down 0.51% versus a gain of 23.02% for SCHD.
Over three years, NUAG compounded at +4.50% per year against +14.89% for SCHD; over five years the annualized figures are -0.26% and +9.38% respectively. Across the full 10-year window we track, SCHD has the edge at +11.33% annualized vs +0.06%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 5.5% for NUAG. 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 -20.8% for NUAG 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 0.39. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NUAG charges 0.16% per year while SCHD charges 0.06%. On a $10,000 position that is $16 vs $6 annually, a gap of $10 per year that compounds over a long holding period. On income, NUAG currently yields 4.47% against 3.31% for SCHD.
Holdings Overlap
NUAG and SCHD share 1 holdings out of 885 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in NUAG | Weight in SCHD | Difference |
|---|---|---|---|
| GVMXX | 0.23% | 0.04% | 0.19% |
Frequently Asked Questions
Which is cheaper, NUAG or SCHD?
NUAG has an expense ratio of 0.16% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $10 per year of difference.
Which performed better, NUAG or SCHD?
Over the past year NUAG returned +1.89% vs +30.75% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (10 years), NUAG annualized +0.06% vs +11.33% for SCHD. Past performance does not guarantee future results.
Which is riskier, NUAG or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 5.5% for NUAG. Worst drawdown: NUAG -20.8% vs SCHD -33.4%.
Should I hold both NUAG and SCHD?
NUAG and SCHD have a monthly-return correlation of 0.39, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NUAG and SCHD?
NUAG and SCHD share 1 common holdings with a 0.0% weight overlap. Combined, they hold 885 unique securities.
Which pays a higher dividend, NUAG or SCHD?
NUAG yields 4.47% while SCHD yields 3.31%, so NUAG currently pays the higher dividend yield.
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