ACAAX vs. SCHD
Compare and contrast key facts about Alger Capital Appreciation Fund (ACAAX) and Schwab US Dividend Equity ETF (SCHD).
ACAAX is managed by Alger. It was launched on Dec 31, 1996. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ACAAX or SCHD.
Correlation
The correlation between ACAAX and SCHD is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ACAAX vs. SCHD - Performance Comparison
Key characteristics
ACAAX:
0.26
SCHD:
0.14
ACAAX:
0.53
SCHD:
0.35
ACAAX:
1.08
SCHD:
1.05
ACAAX:
0.22
SCHD:
0.17
ACAAX:
0.62
SCHD:
0.57
ACAAX:
12.71%
SCHD:
4.90%
ACAAX:
32.36%
SCHD:
16.03%
ACAAX:
-71.48%
SCHD:
-33.37%
ACAAX:
-21.68%
SCHD:
-11.09%
Returns By Period
The year-to-date returns for both stocks are quite close, with ACAAX having a -4.64% return and SCHD slightly lower at -4.79%. Over the past 10 years, ACAAX has underperformed SCHD with an annualized return of 3.91%, while SCHD has yielded a comparatively higher 10.38% annualized return.
ACAAX
-4.64%
21.77%
-13.31%
8.20%
2.65%
3.91%
SCHD
-4.79%
6.00%
-9.18%
2.30%
12.67%
10.38%
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ACAAX vs. SCHD - Expense Ratio Comparison
ACAAX has a 1.15% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
ACAAX vs. SCHD — Risk-Adjusted Performance Rank
ACAAX
SCHD
ACAAX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Capital Appreciation Fund (ACAAX) and Schwab US Dividend Equity ETF (SCHD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ACAAX vs. SCHD - Dividend Comparison
ACAAX has not paid dividends to shareholders, while SCHD's dividend yield for the trailing twelve months is around 4.03%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACAAX Alger Capital Appreciation Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 4.03% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% |
Drawdowns
ACAAX vs. SCHD - Drawdown Comparison
The maximum ACAAX drawdown since its inception was -71.48%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for ACAAX and SCHD. For additional features, visit the drawdowns tool.
Volatility
ACAAX vs. SCHD - Volatility Comparison
Alger Capital Appreciation Fund (ACAAX) has a higher volatility of 15.21% compared to Schwab US Dividend Equity ETF (SCHD) at 8.36%. This indicates that ACAAX's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.