CLTL vs. SCHD
Compare and contrast key facts about Invesco Treasury Collateral ETF (CLTL) and Schwab US Dividend Equity ETF (SCHD).
CLTL and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CLTL is a passively managed fund by Invesco that tracks the performance of the U.S. Treasury Short Term Index. It was launched on Jan 12, 2017. 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. Both CLTL and SCHD 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: CLTL or SCHD.
Key characteristics
CLTL | SCHD |
---|
Correlation
The correlation between CLTL and SCHD is -0.08. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
CLTL vs. SCHD - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
CLTL vs. SCHD - Expense Ratio Comparison
CLTL has a 0.08% expense ratio, which is higher than SCHD's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
CLTL vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Treasury Collateral ETF (CLTL) 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
CLTL vs. SCHD - Dividend Comparison
CLTL has not paid dividends to shareholders, while SCHD's dividend yield for the trailing twelve months is around 3.47%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Invesco Treasury Collateral ETF | 3.75% | 4.63% | 1.37% | 0.03% | 0.80% | 2.24% | 1.69% | 0.71% | 0.00% | 0.00% | 0.00% | 0.00% |
Schwab US Dividend Equity ETF | 3.47% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
CLTL vs. SCHD - Drawdown Comparison
Volatility
CLTL vs. SCHD - Volatility Comparison
The current volatility for Invesco Treasury Collateral ETF (CLTL) is 0.00%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.54%. This indicates that CLTL 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.