ACTHX vs. SCHD
Compare and contrast key facts about Invesco High Yield Municipal Fund (ACTHX) and Schwab US Dividend Equity ETF (SCHD).
ACTHX is managed by Invesco. It was launched on Jan 1, 1986. 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: ACTHX or SCHD.
Performance
ACTHX vs. SCHD - Performance Comparison
Returns By Period
In the year-to-date period, ACTHX achieves a 5.53% return, which is significantly lower than SCHD's 17.35% return. Over the past 10 years, ACTHX has underperformed SCHD with an annualized return of 3.42%, while SCHD has yielded a comparatively higher 11.54% annualized return.
ACTHX
5.53%
0.20%
5.30%
11.26%
1.18%
3.42%
SCHD
17.35%
2.29%
13.68%
26.18%
12.87%
11.54%
Key characteristics
| ACTHX | SCHD | |
|---|---|---|
| Sharpe Ratio | 2.33 | 2.40 |
| Sortino Ratio | 3.56 | 3.44 |
| Omega Ratio | 1.57 | 1.42 |
| Calmar Ratio | 0.82 | 3.63 |
| Martin Ratio | 11.30 | 12.99 |
| Ulcer Index | 1.03% | 2.05% |
| Daily Std Dev | 5.00% | 11.09% |
| Max Drawdown | -27.29% | -33.37% |
| Current Drawdown | -4.37% | -0.62% |
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ACTHX vs. SCHD - Expense Ratio Comparison
ACTHX has a 1.39% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Correlation
The correlation between ACTHX and SCHD is -0.07. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Risk-Adjusted Performance
ACTHX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco High Yield Municipal Fund (ACTHX) 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
ACTHX vs. SCHD - Dividend Comparison
ACTHX's dividend yield for the trailing twelve months is around 5.13%, more than SCHD's 3.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACTHX Invesco High Yield Municipal Fund | 5.13% | 5.06% | 4.73% | 3.95% | 4.30% | 4.32% | 4.75% | 4.72% | 5.17% | 4.99% | 5.21% | 5.91% |
SCHD Schwab US Dividend Equity ETF | 3.37% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
ACTHX vs. SCHD - Drawdown Comparison
The maximum ACTHX drawdown since its inception was -27.29%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for ACTHX and SCHD. For additional features, visit the drawdowns tool.
Volatility
ACTHX vs. SCHD - Volatility Comparison
The current volatility for Invesco High Yield Municipal Fund (ACTHX) is 2.02%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.48%. This indicates that ACTHX experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.