AVB vs. SCHD
Compare and contrast key facts about AvalonBay Communities, Inc. (AVB) 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: AVB or SCHD.
Correlation
The correlation between AVB and SCHD is 0.47, 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
AVB vs. SCHD - Performance Comparison
Key characteristics
AVB:
0.41
SCHD:
-0.09
AVB:
0.67
SCHD:
-0.03
AVB:
1.09
SCHD:
1.00
AVB:
0.33
SCHD:
-0.09
AVB:
1.63
SCHD:
-0.38
AVB:
5.03%
SCHD:
3.47%
AVB:
19.96%
SCHD:
13.87%
AVB:
-70.04%
SCHD:
-33.37%
AVB:
-19.32%
SCHD:
-13.99%
Returns By Period
In the year-to-date period, AVB achieves a -13.46% return, which is significantly lower than SCHD's -7.89% return. Over the past 10 years, AVB has underperformed SCHD with an annualized return of 4.56%, while SCHD has yielded a comparatively higher 10.06% annualized return.
AVB
-13.46%
-13.57%
-11.99%
7.64%
6.92%
4.56%
SCHD
-7.89%
-11.58%
-9.61%
-1.66%
13.10%
10.06%
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Risk-Adjusted Performance
AVB vs. SCHD — Risk-Adjusted Performance Rank
AVB
SCHD
AVB vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AvalonBay Communities, Inc. (AVB) 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
AVB vs. SCHD - Dividend Comparison
AVB's dividend yield for the trailing twelve months is around 3.63%, less than SCHD's 4.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVB AvalonBay Communities, Inc. | 3.63% | 3.09% | 3.53% | 3.94% | 2.52% | 3.96% | 2.90% | 3.38% | 3.18% | 3.05% | 2.72% | 2.84% |
SCHD Schwab US Dividend Equity ETF | 4.17% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% |
Drawdowns
AVB vs. SCHD - Drawdown Comparison
The maximum AVB drawdown since its inception was -70.04%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for AVB and SCHD. For additional features, visit the drawdowns tool.
Volatility
AVB vs. SCHD - Volatility Comparison
AvalonBay Communities, Inc. (AVB) has a higher volatility of 9.22% compared to Schwab US Dividend Equity ETF (SCHD) at 7.85%. This indicates that AVB'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.
User Portfolios with AVB or SCHD
Recent discussions
Dividend Paying Stock Portfolio
4803heights
How is Sharpe ratio calculated?
The highest sharpe ratio portfolioi in User portfolios holds only ultrashort treasuries and show a sharpe ratio of 7+. But my understanding is the Sharpe ratio is the return less the risk-free rate divided by the standard deviation of returns. But short-term treasuries ARE the risk free rate, so the Sharpe ratio should be zero since the risk free rate minus the risk free rate is zero. So are you simply ignoring the risk-free rate and dividing returns by the standard deviation???
Addendum:
Just input my portfolio and asked that your site optimize it for Sharpe ratio. I have ready cash in USFR, and ETF that holds US floating rate notes exclusively. The optimization recommended I put over 99% in USFR. However, the interest rate on floating rate notes is based on the three month treasury, so again, USFR has a Sharpe ratio of zero! Please correct this!
Bob Peticolas
How often do you rebase the trends portfolio?
Hedge Cat