CEW vs. SCHD
Compare and contrast key facts about WisdomTree Emerging Currency Strategy Fund (CEW) and Schwab US Dividend Equity ETF (SCHD).
CEW and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CEW is an actively managed fund by WisdomTree. It was launched on May 6, 2009. 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: CEW or SCHD.
Key characteristics
| CEW | SCHD | |
|---|---|---|
| YTD Return | 1.80% | 9.70% |
| 1Y Return | 7.28% | 16.01% |
| 3Y Return (Ann) | 1.28% | 5.90% |
| 5Y Return (Ann) | 1.03% | 12.41% |
| 10Y Return (Ann) | -0.25% | 11.31% |
| Sharpe Ratio | 1.17 | 1.35 |
| Daily Std Dev | 5.96% | 11.76% |
| Max Drawdown | -27.80% | -33.37% |
| Current Drawdown | -11.98% | -2.99% |
Correlation
The correlation between CEW and SCHD is 0.43, 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
CEW vs. SCHD - Performance Comparison
In the year-to-date period, CEW achieves a 1.80% return, which is significantly lower than SCHD's 9.70% return. Over the past 10 years, CEW has underperformed SCHD with an annualized return of -0.25%, while SCHD has yielded a comparatively higher 11.31% 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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CEW vs. SCHD - Expense Ratio Comparison
CEW has a 0.55% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
CEW vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Currency Strategy Fund (CEW) 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
CEW vs. SCHD - Dividend Comparison
CEW's dividend yield for the trailing twelve months is around 1.96%, less than SCHD's 3.45% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CEW WisdomTree Emerging Currency Strategy Fund | 1.96% | 2.00% | 0.80% | 0.00% | 0.64% | 1.90% | 1.87% | 0.00% | 0.00% | 0.00% | 0.12% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.45% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
CEW vs. SCHD - Drawdown Comparison
The maximum CEW drawdown since its inception was -27.80%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for CEW and SCHD. For additional features, visit the drawdowns tool.
Volatility
CEW vs. SCHD - Volatility Comparison
The current volatility for WisdomTree Emerging Currency Strategy Fund (CEW) is 2.22%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.38%. This indicates that CEW 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.