BND.TO vs. SCHD
Compare and contrast key facts about Purpose Global Bond Fund (BND.TO) and Schwab US Dividend Equity ETF (SCHD).
BND.TO and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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: BND.TO or SCHD.
Key characteristics
| BND.TO | SCHD | |
|---|---|---|
| YTD Return | 0.67% | 3.21% |
| 1Y Return | 6.19% | 15.78% |
| 3Y Return (Ann) | 0.64% | 4.47% |
| 5Y Return (Ann) | 2.39% | 11.41% |
| Sharpe Ratio | 1.17 | 1.29 |
| Daily Std Dev | 4.94% | 11.38% |
| Max Drawdown | -16.55% | -33.37% |
| Current Drawdown | -0.62% | -3.30% |
Correlation
The correlation between BND.TO and SCHD is 0.42, 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
BND.TO vs. SCHD - Performance Comparison
In the year-to-date period, BND.TO achieves a 0.67% return, which is significantly lower than SCHD's 3.21% 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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Risk-Adjusted Performance
BND.TO vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Purpose Global Bond Fund (BND.TO) 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
BND.TO vs. SCHD - Dividend Comparison
BND.TO's dividend yield for the trailing twelve months is around 5.36%, more than SCHD's 3.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BND.TO Purpose Global Bond Fund | 5.36% | 5.20% | 4.14% | 3.89% | 3.48% | 3.11% | 3.96% | 3.47% | 3.26% | 0.53% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.43% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
BND.TO vs. SCHD - Drawdown Comparison
The maximum BND.TO drawdown since its inception was -16.55%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for BND.TO and SCHD. For additional features, visit the drawdowns tool.
Volatility
BND.TO vs. SCHD - Volatility Comparison
The current volatility for Purpose Global Bond Fund (BND.TO) is 2.15%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.61%. This indicates that BND.TO experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.