BMVP vs. SCHG
Compare and contrast key facts about Invesco Bloomberg MVP Multi-factor ETF (BMVP) and Schwab U.S. Large-Cap Growth ETF (SCHG).
BMVP and SCHG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BMVP is a passively managed fund by Invesco that tracks the performance of the Bloomberg MVP Index. It was launched on May 1, 2003. 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. Both BMVP and SCHG 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: BMVP or SCHG.
Correlation
The correlation between BMVP and SCHG is 0.81, 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
BMVP vs. SCHG - Performance Comparison
Key characteristics
BMVP:
1.91
SCHG:
2.30
BMVP:
2.72
SCHG:
2.95
BMVP:
1.33
SCHG:
1.41
BMVP:
2.47
SCHG:
3.25
BMVP:
7.96
SCHG:
12.77
BMVP:
2.46%
SCHG:
3.14%
BMVP:
10.22%
SCHG:
17.47%
BMVP:
-52.66%
SCHG:
-34.59%
BMVP:
-6.18%
SCHG:
-0.55%
Returns By Period
In the year-to-date period, BMVP achieves a 18.97% return, which is significantly lower than SCHG's 40.14% return. Over the past 10 years, BMVP has underperformed SCHG with an annualized return of 8.12%, while SCHG has yielded a comparatively higher 16.98% annualized return.
BMVP
18.97%
-4.95%
8.21%
19.56%
8.99%
8.12%
SCHG
40.14%
5.39%
15.20%
40.13%
20.58%
16.98%
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BMVP vs. SCHG - Expense Ratio Comparison
BMVP has a 0.29% expense ratio, which is higher than SCHG's 0.04% expense ratio.
Risk-Adjusted Performance
BMVP vs. SCHG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Bloomberg MVP Multi-factor ETF (BMVP) 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
BMVP vs. SCHG - Dividend Comparison
BMVP's dividend yield for the trailing twelve months is around 1.56%, more than SCHG's 0.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BMVP Invesco Bloomberg MVP Multi-factor ETF | 1.56% | 1.66% | 1.51% | 0.56% | 1.09% | 0.96% | 1.44% | 1.75% | 1.35% | 1.02% | 0.82% | 0.78% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.40% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.04% | 1.22% | 1.09% | 1.07% |
Drawdowns
BMVP vs. SCHG - Drawdown Comparison
The maximum BMVP drawdown since its inception was -52.66%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for BMVP and SCHG. For additional features, visit the drawdowns tool.
Volatility
BMVP vs. SCHG - Volatility Comparison
The current volatility for Invesco Bloomberg MVP Multi-factor ETF (BMVP) is 3.11%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 5.24%. This indicates that BMVP 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.