AWYIX vs. SCHV
Compare and contrast key facts about CIBC Atlas Equity Income Fund (AWYIX) and Schwab U.S. Large-Cap Value ETF (SCHV).
AWYIX is managed by CIBC Private Wealth Management. It was launched on Apr 30, 2010. SCHV is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Value Total Stock Market 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: AWYIX or SCHV.
Key characteristics
| AWYIX | SCHV | |
|---|---|---|
| YTD Return | 3.94% | 3.77% |
| 1Y Return | 17.20% | 13.32% |
| 3Y Return (Ann) | 5.75% | 4.76% |
| 5Y Return (Ann) | 11.57% | 8.02% |
| 10Y Return (Ann) | 9.39% | 8.62% |
| Sharpe Ratio | 1.38 | 1.08 |
| Daily Std Dev | 11.52% | 10.89% |
| Max Drawdown | -35.79% | -37.08% |
| Current Drawdown | -3.70% | -4.76% |
Correlation
The correlation between AWYIX and SCHV is 0.90, 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
AWYIX vs. SCHV - Performance Comparison
The year-to-date returns for both stocks are quite close, with AWYIX having a 3.94% return and SCHV slightly lower at 3.77%. Over the past 10 years, AWYIX has outperformed SCHV with an annualized return of 9.39%, while SCHV has yielded a comparatively lower 8.62% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AWYIX vs. SCHV - Expense Ratio Comparison
AWYIX has a 0.95% expense ratio, which is higher than SCHV's 0.04% expense ratio.
Risk-Adjusted Performance
AWYIX vs. SCHV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CIBC Atlas Equity Income Fund (AWYIX) and Schwab U.S. Large-Cap Value ETF (SCHV). 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
AWYIX vs. SCHV - Dividend Comparison
AWYIX's dividend yield for the trailing twelve months is around 1.68%, less than SCHV's 2.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AWYIX CIBC Atlas Equity Income Fund | 1.68% | 1.80% | 3.23% | 6.35% | 6.87% | 3.82% | 6.79% | 2.09% | 0.95% | 0.95% | 1.61% | 1.85% |
SCHV Schwab U.S. Large-Cap Value ETF | 2.35% | 2.42% | 2.37% | 1.93% | 3.03% | 3.02% | 3.05% | 2.37% | 2.65% | 2.69% | 2.38% | 2.18% |
Drawdowns
AWYIX vs. SCHV - Drawdown Comparison
The maximum AWYIX drawdown since its inception was -35.79%, roughly equal to the maximum SCHV drawdown of -37.08%. Use the drawdown chart below to compare losses from any high point for AWYIX and SCHV. For additional features, visit the drawdowns tool.
Volatility
AWYIX vs. SCHV - Volatility Comparison
CIBC Atlas Equity Income Fund (AWYIX) has a higher volatility of 3.39% compared to Schwab U.S. Large-Cap Value ETF (SCHV) at 3.15%. This indicates that AWYIX's price experiences larger fluctuations and is considered to be riskier than SCHV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.