State Street SPDR MSCI USA Climate Paris Aligned ETF (NZUS) is a ETF from State Street Investment Management and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year NZUS returned +23.21% while SCHD returned +30.95%. Year to date, NZUS is up 5.91% versus a gain of 23.53% for SCHD.

Over three years, NZUS compounded at +20.81% per year against +14.72% for SCHD. Across the full 4-year window we track, NZUS has the edge at +14.42% annualized vs +11.35%. Past performance does not guarantee future results.

NZUS has been the more volatile fund, with annualized monthly volatility of 16.8% 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 -21.0% for NZUS 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 0.61. They move independently enough that combining them can meaningfully diversify a portfolio.

NZUS charges 0.10% per year while SCHD charges 0.06%. On a $10,000 position that is $10 vs $6 annually, a gap of $4 per year that compounds over a long holding period. On income, NZUS currently yields 0.88% against 3.31% for SCHD.