NDVG vs. SCLZ ETF Comparison
Comparison of Nuveen Dividend Growth ETF (NDVG) to Swan Enhanced Dividend Income ETF (SCLZ)
NDVG
Nuveen Dividend Growth ETF
NDVG Description
The investment seeks an attractive total return comprised of income from dividends and long-term capital appreciation. Under normal market conditions, the fund invests at least 80% of the sum of its net assets and the amount of any borrowings for investment purposes in dividend-paying exchange-traded equity securities, which include common stocks and preferred securities. It may invest in small-, mid- and large-cap companies. The fund may invest up to 25% of its net assets in non- U.S. exchange-traded equity securities that are U.S. dollar-denominated.
Grade (RS Rating)
Last Trade
$32.51
Average Daily Volume
254
41
SCLZ
Swan Enhanced Dividend Income ETF
SCLZ Description
SCLZ aims to maximize income through a portfolio of US dividend-paying companies combined with a covered call writing strategy. This strategy provides a potential buffer against market volatility, although the reduction is limited to the amount of option premium received. Based on the large- and mid-cap stocks of the OShares Focused Quality Dividend Index, the fund selects 50 names based on a composite score for quality and growth characteristics. The composite score considers quality factors, dividend growth, dividend coverage, and dividend yield. Note some stocks with superior dividend payouts and higher capital appreciation potential may be excluded if option premium potential is too low. Quarterly, constituents are re-ranked based on historic dividend yield and potential capital appreciation, with holdings sold when they are no longer listed. Risk management involves establishing pre-defined exit points for each option to reduce downside exposure while maximizing income.Grade (RS Rating)
Last Trade
$53.20
Average Daily Volume
753
10
Performance
Period | NDVG | SCLZ |
---|---|---|
30 Days | 3.01% | -0.03% |
60 Days | 7.58% | 5.40% |
90 Days | 6.46% | 3.78% |
12 Months | 32.11% |
NDVG Overweight 34 Positions Relative to SCLZ
Symbol | Grade | Weight | |
---|---|---|---|
LIN | D | 3.11% | |
MSI | A | 2.99% | |
AXP | A | 2.75% | |
NEE | D | 2.69% | |
ACN | B | 2.65% | |
MCD | B | 2.51% | |
WMT | C | 2.41% | |
AMT | D | 2.41% | |
TSM | B | 2.33% | |
PLD | F | 2.33% | |
ZTS | D | 2.22% | |
MMC | D | 2.22% | |
ETN | B | 2.19% | |
LOW | B | 2.15% | |
ABT | B | 2.14% | |
SPGI | C | 2.12% | |
XOM | A | 2.12% | |
TJX | D | 2.1% | |
TT | A | 2.03% | |
PM | D | 1.94% | |
ELV | F | 1.93% | |
CMCSA | C | 1.9% | |
SCHW | C | 1.86% | |
WEC | C | 1.81% | |
CVX | B | 1.8% | |
HON | C | 1.62% | |
APH | D | 1.58% | |
MDLZ | D | 1.57% | |
PKG | B | 1.46% | |
UNP | F | 1.45% | |
PEP | F | 1.42% | |
NOC | B | 1.16% | |
SBUX | C | 1.11% | |
TXN | C | 0.95% |
NDVG: Top Represented Industries & Keywords
SCLZ: Top Represented Industries & Keywords