BNY vs. SCHD
Compare and contrast key facts about BlackRock New York Municipal Income Trust (BNY) 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: BNY or SCHD.
Correlation
The correlation between BNY and SCHD is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BNY vs. SCHD - Performance Comparison
Key characteristics
BNY:
0.62
SCHD:
1.14
BNY:
0.91
SCHD:
1.68
BNY:
1.11
SCHD:
1.20
BNY:
0.18
SCHD:
1.65
BNY:
1.96
SCHD:
4.57
BNY:
2.51%
SCHD:
2.88%
BNY:
7.94%
SCHD:
11.53%
BNY:
-49.55%
SCHD:
-33.37%
BNY:
-23.27%
SCHD:
-4.26%
Returns By Period
In the year-to-date period, BNY achieves a 2.18% return, which is significantly lower than SCHD's 2.53% return. Over the past 10 years, BNY has underperformed SCHD with an annualized return of 1.01%, while SCHD has yielded a comparatively higher 11.68% annualized return.
BNY
2.18%
2.28%
-0.60%
4.27%
-2.06%
1.01%
SCHD
2.53%
2.86%
3.62%
12.91%
12.03%
11.68%
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Risk-Adjusted Performance
BNY vs. SCHD — Risk-Adjusted Performance Rank
BNY
SCHD
BNY vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock New York Municipal Income Trust (BNY) 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
BNY vs. SCHD - Dividend Comparison
BNY's dividend yield for the trailing twelve months is around 5.29%, more than SCHD's 3.55% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BNY BlackRock New York Municipal Income Trust | 5.29% | 5.30% | 3.78% | 5.53% | 5.06% | 4.16% | 3.87% | 4.71% | 4.99% | 5.39% | 5.31% | 5.77% |
SCHD Schwab US Dividend Equity ETF | 3.55% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% |
Drawdowns
BNY vs. SCHD - Drawdown Comparison
The maximum BNY drawdown since its inception was -49.55%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for BNY and SCHD. For additional features, visit the drawdowns tool.
Volatility
BNY vs. SCHD - Volatility Comparison
The current volatility for BlackRock New York Municipal Income Trust (BNY) is 2.27%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.60%. This indicates that BNY 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.