NUSB vs SCHD
NUSB vs SCHD
Nuveen Ultra Short Income 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 100 holdings.
Side-by-Side Comparison
| Metric | NUSB | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.17% | 0.06% | |
| AUM | $156M | $103.7B | |
| Dividend Yield | 4.29% | 3.31% | |
| Holdings | 167 | 104 | |
| YTD Return | +1.74% | +23.02% | |
| 1Y Return | +3.66% | +30.75% | |
| 3Y Return (annualized) | - | +14.89% | |
| 5Y Return (annualized) | - | +9.38% | |
| Volatility (annualized) | 0.7% | 13.6% | |
| Max Drawdown | -0.4% | -33.4% | |
| Fund Family | Nuveen | Charles Schwab Asset Management | |
| Category | Money Market | Equity | |
| Inception | Mar 5, 2024 | Oct 20, 2011 |
NUSB vs SCHD Performance
Nuveen Ultra Short Income ETF (NUSB) is a ETF from Nuveen and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year NUSB returned +3.66% while SCHD returned +30.75%. Year to date, NUSB is up 1.74% versus a gain of 23.02% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 0.7% for NUSB. 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 -0.4% for NUSB 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 0.23. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NUSB charges 0.17% per year while SCHD charges 0.06%. On a $10,000 position that is $17 vs $6 annually, a gap of $11 per year that compounds over a long holding period. On income, NUSB currently yields 4.29% against 3.31% for SCHD.
Holdings Overlap
NUSB and SCHD share 0 holdings out of 192 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, NUSB or SCHD?
NUSB has an expense ratio of 0.17% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $11 per year of difference.
Which performed better, NUSB or SCHD?
Over the past year NUSB returned +3.66% vs +30.75% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), NUSB annualized +4.86% vs +11.33% for SCHD. Past performance does not guarantee future results.
Which is riskier, NUSB or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 0.7% for NUSB. Worst drawdown: NUSB -0.4% vs SCHD -33.4%.
Should I hold both NUSB and SCHD?
NUSB and SCHD have a monthly-return correlation of 0.23, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NUSB and SCHD?
NUSB and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 192 unique securities.
Which pays a higher dividend, NUSB or SCHD?
NUSB yields 4.29% while SCHD yields 3.31%, so NUSB currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.