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 0.80, 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
ALTR vs. SCHD - Performance Comparison
Key characteristics
Returns By Period
ALTR
N/A
N/A
N/A
N/A
N/A
N/A
SCHD
-5.19%
-6.93%
-7.13%
3.21%
12.59%
10.43%
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Risk-Adjusted Performance
ALTR vs. SCHD — Risk-Adjusted Performance Rank
ALTR
SCHD
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 4.05%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 4.05% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% |
Drawdowns
ALTR vs. SCHD - Drawdown Comparison
Volatility
ALTR vs. SCHD - Volatility Comparison
The current volatility for Altair Engineering Inc. (ALTR) is 0.00%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 11.20%. 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.