ALTR vs. SCHD
Compare and contrast key facts about Altair Engineering Inc. (ALTR) and Schwab US Dividend Equity ETF (SCHD).
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: ALTR or SCHD.
Correlation
The correlation between ALTR and SCHD is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ALTR vs. SCHD - Performance Comparison
Key characteristics
ALTR:
1.37
SCHD:
1.20
ALTR:
2.08
SCHD:
1.76
ALTR:
1.28
SCHD:
1.21
ALTR:
2.51
SCHD:
1.69
ALTR:
6.15
SCHD:
5.86
ALTR:
7.61%
SCHD:
2.30%
ALTR:
34.20%
SCHD:
11.25%
ALTR:
-46.05%
SCHD:
-33.37%
ALTR:
-1.51%
SCHD:
-6.72%
Returns By Period
In the year-to-date period, ALTR achieves a 29.53% return, which is significantly higher than SCHD's 11.54% return.
ALTR
29.53%
4.44%
14.47%
45.90%
24.60%
N/A
SCHD
11.54%
-4.06%
7.86%
12.63%
10.97%
10.86%
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Risk-Adjusted Performance
ALTR vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Altair Engineering Inc. (ALTR) 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
ALTR vs. SCHD - Dividend Comparison
ALTR has not paid dividends to shareholders, while SCHD's dividend yield for the trailing twelve months is around 3.64%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALTR Altair Engineering Inc. | 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 | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
ALTR vs. SCHD - Drawdown Comparison
The maximum ALTR drawdown since its inception was -46.05%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for ALTR and SCHD. For additional features, visit the drawdowns tool.
Volatility
ALTR vs. SCHD - Volatility Comparison
The current volatility for Altair Engineering Inc. (ALTR) is 3.01%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.88%. This indicates that ALTR 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.