AIEQ vs. SCHD
Compare and contrast key facts about AI Powered Equity ETF (AIEQ) and Schwab US Dividend Equity ETF (SCHD).
AIEQ and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AIEQ is an actively managed fund by ETFMG. It was launched on Oct 17, 2017. 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: AIEQ or SCHD.
Key characteristics
| AIEQ | SCHD | |
|---|---|---|
| YTD Return | -2.22% | 2.57% |
| 1Y Return | 29.30% | 11.85% |
| 3Y Return (Ann) | -3.65% | 4.72% |
| 5Y Return (Ann) | 6.12% | 11.37% |
| Sharpe Ratio | 1.62 | 1.12 |
| Daily Std Dev | 18.99% | 11.58% |
| Max Drawdown | -38.97% | -33.37% |
| Current Drawdown | -19.89% | -3.91% |
Correlation
The correlation between AIEQ and SCHD is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AIEQ vs. SCHD - Performance Comparison
In the year-to-date period, AIEQ achieves a -2.22% return, which is significantly lower than SCHD's 2.57% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AIEQ vs. SCHD - Expense Ratio Comparison
AIEQ has a 0.80% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
AIEQ vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AI Powered Equity ETF (AIEQ) 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
AIEQ vs. SCHD - Dividend Comparison
AIEQ's dividend yield for the trailing twelve months is around 1.18%, less than SCHD's 3.45% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIEQ AI Powered Equity ETF | 1.18% | 0.98% | 0.11% | 1.76% | 0.39% | 0.60% | 9.11% | 0.14% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.45% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
AIEQ vs. SCHD - Drawdown Comparison
The maximum AIEQ drawdown since its inception was -38.97%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for AIEQ and SCHD. For additional features, visit the drawdowns tool.
Volatility
AIEQ vs. SCHD - Volatility Comparison
AI Powered Equity ETF (AIEQ) has a higher volatility of 4.80% compared to Schwab US Dividend Equity ETF (SCHD) at 3.40%. This indicates that AIEQ'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.