AMJB vs. SCHD
Compare and contrast key facts about Alerian MLP Index ETN (AMJB) and Schwab US Dividend Equity ETF (SCHD).
AMJB and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMJB is a passively managed fund by JPMorgan that tracks the performance of the Alerian MLP Index. It was launched on Jan 26, 2024. 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. Both AMJB and SCHD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMJB or SCHD.
Correlation
The correlation between AMJB and SCHD is 0.49, 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
AMJB vs. SCHD - Performance Comparison
Key characteristics
AMJB:
14.87%
SCHD:
11.28%
AMJB:
-9.17%
SCHD:
-33.37%
AMJB:
-9.17%
SCHD:
-7.44%
Returns By Period
AMJB
N/A
-2.62%
6.22%
N/A
N/A
N/A
SCHD
10.68%
-5.06%
7.69%
10.91%
10.81%
10.89%
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AMJB vs. SCHD - Expense Ratio Comparison
AMJB has a 0.85% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
AMJB vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alerian MLP Index ETN (AMJB) 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.
Not enough dataDividends
AMJB vs. SCHD - Dividend Comparison
AMJB's dividend yield for the trailing twelve months is around 6.15%, more than SCHD's 3.67% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMJB Alerian MLP Index ETN | 6.15% | 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 | 3.67% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
AMJB vs. SCHD - Drawdown Comparison
The maximum AMJB drawdown since its inception was -9.17%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for AMJB and SCHD. For additional features, visit the drawdowns tool.
Volatility
AMJB vs. SCHD - Volatility Comparison
Alerian MLP Index ETN (AMJB) has a higher volatility of 5.55% compared to Schwab US Dividend Equity ETF (SCHD) at 3.57%. This indicates that AMJB'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.