AWIIX vs. SCHG
Compare and contrast key facts about CIBC Atlas Income Opportunities Fund (AWIIX) and Schwab U.S. Large-Cap Growth ETF (SCHG).
AWIIX is managed by CIBC Private Wealth Management. It was launched on Jun 26, 2014. SCHG is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Growth Total Stock Market Total Return Index. It was launched on Dec 11, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AWIIX or SCHG.
Correlation
The correlation between AWIIX and SCHG is 0.86, 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
AWIIX vs. SCHG - Performance Comparison
Key characteristics
AWIIX:
0.80
SCHG:
2.02
AWIIX:
1.07
SCHG:
2.64
AWIIX:
1.15
SCHG:
1.36
AWIIX:
1.04
SCHG:
2.88
AWIIX:
4.74
SCHG:
11.33
AWIIX:
1.32%
SCHG:
3.15%
AWIIX:
7.82%
SCHG:
17.62%
AWIIX:
-27.07%
SCHG:
-34.59%
AWIIX:
-6.04%
SCHG:
-3.30%
Returns By Period
In the year-to-date period, AWIIX achieves a 6.47% return, which is significantly lower than SCHG's 36.26% return. Over the past 10 years, AWIIX has underperformed SCHG with an annualized return of 7.06%, while SCHG has yielded a comparatively higher 16.84% annualized return.
AWIIX
6.47%
-6.04%
1.86%
6.47%
6.31%
7.06%
SCHG
36.26%
1.37%
10.99%
36.26%
20.03%
16.84%
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AWIIX vs. SCHG - Expense Ratio Comparison
AWIIX has a 0.69% expense ratio, which is higher than SCHG's 0.04% expense ratio.
Risk-Adjusted Performance
AWIIX vs. SCHG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CIBC Atlas Income Opportunities Fund (AWIIX) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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
AWIIX vs. SCHG - Dividend Comparison
AWIIX's dividend yield for the trailing twelve months is around 1.72%, more than SCHG's 0.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
AWIIX CIBC Atlas Income Opportunities Fund | 1.72% | 2.27% | 2.27% | 1.70% | 1.78% | 2.31% | 2.70% | 2.36% | 2.84% | 3.21% | 1.44% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.39% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.04% | 1.22% | 1.09% |
Drawdowns
AWIIX vs. SCHG - Drawdown Comparison
The maximum AWIIX drawdown since its inception was -27.07%, smaller than the maximum SCHG drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for AWIIX and SCHG. For additional features, visit the drawdowns tool.
Volatility
AWIIX vs. SCHG - Volatility Comparison
The current volatility for CIBC Atlas Income Opportunities Fund (AWIIX) is 3.96%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 5.60%. This indicates that AWIIX experiences smaller price fluctuations and is considered to be less risky than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.