ILOW vs NUDM
AB International Low Volatility Equity ETF vs Nuveen ESG International Developed Markets Equity ETF
Which is better, ILOW or NUDM?
Each has led over a different period.
NUDM has a lower expense ratio. ILOW led over the full window, NUDM over 1Y. The two have moved almost in lockstep, correlation 0.93. ILOW is less concentrated, with 21.0% of the fund in its ten largest positions against 23.4%.
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 | ILOW | NUDM |
|---|---|---|
| Expense Ratio | 0.50% | 0.27%Best |
| AUM | $1.8B | $869M |
| Dividend Yield | 1.49% | 5.02% |
| Holdings | 102 | 188 |
| YTD Return | +6.00% | +6.62%Best |
| 1Y Return | +8.93% | +10.96%Best |
| 3Y Return (annualized) | - | +18.10% |
| 5Y Return (annualized) | - | +8.36% |
| Volatility (annualized) | 10.2%Best | 12.0% |
| Max Drawdown | -10.4%Best | -13.5% |
| $10,000 over 2.2 years | $13,279Best | $13,267 |
| Top 10 Weight | 21.0%Best | 23.4% |
| Fund Family | AllianceBernstein L.P. | Nuveen |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 15, 2024 | Jun 6, 2017 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 15, 2024 to Oct 14, 2026 (2.2 years).
ILOW vs NUDM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.2 years both funds cover.
ILOW vs NUDM Performance
AB International Low Volatility Equity ETF (ILOW) is an ETF from AllianceBernstein L.P. and Nuveen ESG International Developed Markets Equity ETF (NUDM) is an ETF from Nuveen. Over the past year ILOW returned +8.93% while NUDM returned +10.96%. Year to date, ILOW is up 6.00% versus a gain of 6.62% for NUDM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NUDM has been the more volatile fund, with annualized monthly volatility of 12.0% compared with 10.2% for ILOW. 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 -10.4% for ILOW and -13.5% for NUDM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ILOW charges 0.50% per year while NUDM charges 0.27%. On a $10,000 position that is $50 vs $27 annually, a gap of $23 per year that compounds over a long holding period. On income, ILOW currently yields 1.49% against 5.02% for NUDM.
Holdings Overlap
22.3% of ILOW's money is in holdings NUDM also owns. 16.0% of NUDM's money is in holdings ILOW also owns.
ILOW and NUDM share little of their money.
20 positions in common, counted across the 85 positions we hold weights for in ILOW and 155 in NUDM, against full books of 102 and 188.
What only one of them owns
Our book lists 2 positions for NUDM that do not appear in our book for ILOW (2.3% of the fund), and 3 for ILOW that do not appear in NUDM (4.3%).
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.
Top Shared Holdings
| Stock | Weight in ILOW | Weight in NUDM | Difference |
|---|---|---|---|
| NOVN:SMNovartis Ag Ordinary Shares | 1.71% | 2.30% | 0.59% |
| SAP:SGSap Se | 1.04% | 2.04% | 1.00% |
| 6758:JPSony Group Corp. | 1.40% | 1.60% | 0.20% |
| 6503:JPMitsubishi Electric Corp | 1.04% | 1.37% | 0.33% |
| ITX:MAIndustria De Diseno Textil Sa | 1.39% | 0.72% | 0.67% |
| DANO:PADanone SA | 0.87% | 1.21% | 0.34% |
| KBC:BRKbc Group Nv | 1.93% | 0.13% | 1.80% |
| NG:LNNational Grid Plc | 0.96% | 1.10% | 0.14% |
| LSEG:LNLondon Stock Exchange Group Plc | 0.84% | 1.08% | 0.24% |
| PRY:MIPrysmian Spa Common Stock EUR 0.1 | 1.76% | 0.15% | 1.61% |
22.3% of ILOW is already inside NUDM.
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, ILOW or NUDM?
ILOW has an expense ratio of 0.50% while NUDM charges 0.27%. NUDM is the cheaper option, by $23 a year on a $10,000 investment.
Which performed better, ILOW or NUDM?
Over the past year ILOW returned +8.93% vs +10.96% for NUDM, so NUDM leads on 1-year performance. Over the longest common window we track (2 years), ILOW annualized +13.76% vs +13.71% for NUDM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ILOW or NUDM?
NUDM has been the more volatile fund at 12.0% annualized versus 10.2% for ILOW. Worst drawdown: ILOW -10.4% vs NUDM -13.5%.
Should I hold both ILOW and NUDM?
ILOW and NUDM have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between ILOW and NUDM?
22.3% of ILOW's money is in holdings NUDM also owns. 16.0% of NUDM's is in holdings ILOW also owns. They hold 20 positions in common, counted across the 85 positions we hold weights for in ILOW and 155 in NUDM.
Which pays a higher dividend, ILOW or NUDM?
ILOW yields 1.49% while NUDM yields 5.02%, so NUDM currently pays the higher dividend yield.
Is NUDM better than ILOW?
NUDM has a lower expense ratio. ILOW led over the full window, NUDM over 1Y. The two have moved almost in lockstep, correlation 0.93. ILOW is less concentrated, with 21.0% of the fund in its ten largest positions against 23.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.