ATFV vs. SCHX
Compare and contrast key facts about Alger 35 ETF (ATFV) and Schwab U.S. Large-Cap ETF (SCHX).
ATFV and SCHX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ATFV is a passively managed fund by Alger Group Holdings LLC that tracks the performance of the S&P 500. It was launched on May 4, 2021. SCHX is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Total Stock Market Index. It was launched on Nov 3, 2009. Both ATFV and SCHX 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: ATFV or SCHX.
Performance
ATFV vs. SCHX - Performance Comparison
Returns By Period
In the year-to-date period, ATFV achieves a 45.42% return, which is significantly higher than SCHX's 27.78% return.
ATFV
45.42%
9.87%
18.19%
57.05%
N/A
N/A
SCHX
27.78%
3.68%
14.52%
34.56%
17.33%
14.91%
Key characteristics
| ATFV | SCHX | |
|---|---|---|
| Sharpe Ratio | 2.65 | 2.79 |
| Sortino Ratio | 3.29 | 3.71 |
| Omega Ratio | 1.43 | 1.52 |
| Calmar Ratio | 1.81 | 4.04 |
| Martin Ratio | 14.72 | 18.10 |
| Ulcer Index | 3.87% | 1.91% |
| Daily Std Dev | 21.53% | 12.37% |
| Max Drawdown | -45.34% | -34.33% |
| Current Drawdown | 0.00% | -0.30% |
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ATFV vs. SCHX - Expense Ratio Comparison
ATFV has a 0.55% expense ratio, which is higher than SCHX's 0.03% expense ratio.
Correlation
The correlation between ATFV and SCHX is 0.85, 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.
Risk-Adjusted Performance
ATFV vs. SCHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger 35 ETF (ATFV) and Schwab U.S. Large-Cap ETF (SCHX). 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
ATFV vs. SCHX - Dividend Comparison
ATFV's dividend yield for the trailing twelve months is around 0.01%, less than SCHX's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ATFV Alger 35 ETF | 0.01% | 0.01% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHX Schwab U.S. Large-Cap ETF | 1.17% | 1.39% | 1.64% | 1.22% | 1.64% | 1.82% | 2.17% | 1.70% | 1.92% | 2.04% | 1.76% | 1.65% |
Drawdowns
ATFV vs. SCHX - Drawdown Comparison
The maximum ATFV drawdown since its inception was -45.34%, which is greater than SCHX's maximum drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for ATFV and SCHX. For additional features, visit the drawdowns tool.
Volatility
ATFV vs. SCHX - Volatility Comparison
Alger 35 ETF (ATFV) has a higher volatility of 6.01% compared to Schwab U.S. Large-Cap ETF (SCHX) at 4.16%. This indicates that ATFV's price experiences larger fluctuations and is considered to be riskier than SCHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.