BELT vs NUDG
iShares US Select Equity Active ETF vs Nuveen Dividend Growth Fund ETF
Which is better, BELT or NUDG?
BELT has been ahead.
NUDG has a lower expense ratio. BELT led over 1Y. NUDG is less concentrated, with 42.3% of the fund in its ten largest positions against 68.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BELT | NUDG |
|---|---|---|
| Expense Ratio | 0.75% | 0.61%Best |
| AUM | $10M | $6.2B |
| Dividend Yield | 0.02% | 0.50% |
| Holdings | 20 | 43 |
| Top 10 Weight | 68.5% | 42.3%Best |
| Fund Family | BlackRock, Inc. (US) | Nuveen |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 17, 2024 | Jun 2, 2026 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
The two price series end 63 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. BELT has data through Aug 12, 2026 and NUDG through Oct 14, 2026.
Fees and Cost Over Time
BELT charges 0.75% per year while NUDG charges 0.61%. On a $10,000 position that is $75 vs $61 annually, a gap of $14 per year that compounds over a long holding period. On income, BELT currently yields 0.02% against 0.50% for NUDG.
Holdings Overlap
31.3% of BELT's money is in holdings NUDG also owns. 20.9% of NUDG's money is in holdings BELT also owns.
The two portfolios partly overlap.
5 positions in common, counted across the 19 positions we hold weights for in BELT and 42 in NUDG, against full books of 20 and 43.
What only one of them owns
Our book lists 36 positions for NUDG that do not appear in our book for BELT (73.6% of the fund), and 12 for BELT that do not appear in NUDG (59.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
31.3% of BELT is already inside NUDG.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BELT or NUDG?
BELT has an expense ratio of 0.75% while NUDG charges 0.61%. NUDG is the cheaper option, by $14 a year on a $10,000 investment.
What is the holdings overlap between BELT and NUDG?
31.3% of BELT's money is in holdings NUDG also owns. 20.9% of NUDG's is in holdings BELT also owns. They hold 5 positions in common, counted across the 19 positions we hold weights for in BELT and 42 in NUDG.
Which pays a higher dividend, BELT or NUDG?
BELT yields 0.02% while NUDG yields 0.50%, so NUDG currently pays the higher dividend yield.
Is NUDG better than BELT?
NUDG has a lower expense ratio. BELT led over 1Y. NUDG is less concentrated, with 42.3% of the fund in its ten largest positions against 68.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.