DEOPX vs. SCHB
Compare and contrast key facts about Davenport Equity Opportunities Fund (DEOPX) and Schwab U.S. Broad Market ETF (SCHB).
DEOPX is managed by Davenport. It was launched on Dec 31, 2010. SCHB is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Broad Stock Market Total Return Index. It was launched on Nov 3, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DEOPX or SCHB.
Correlation
The correlation between DEOPX and SCHB is 0.89, 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
DEOPX vs. SCHB - Performance Comparison
Key characteristics
DEOPX:
0.97
SCHB:
1.92
DEOPX:
1.42
SCHB:
2.58
DEOPX:
1.17
SCHB:
1.35
DEOPX:
0.70
SCHB:
2.92
DEOPX:
2.66
SCHB:
11.53
DEOPX:
5.57%
SCHB:
2.16%
DEOPX:
15.17%
SCHB:
12.97%
DEOPX:
-39.14%
SCHB:
-35.27%
DEOPX:
-7.81%
SCHB:
-0.08%
Returns By Period
In the year-to-date period, DEOPX achieves a 5.68% return, which is significantly higher than SCHB's 4.19% return. Over the past 10 years, DEOPX has underperformed SCHB with an annualized return of 4.80%, while SCHB has yielded a comparatively higher 12.67% annualized return.
DEOPX
5.68%
3.75%
10.57%
11.73%
2.84%
4.80%
SCHB
4.19%
1.90%
10.26%
23.29%
13.70%
12.67%
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DEOPX vs. SCHB - Expense Ratio Comparison
DEOPX has a 0.88% expense ratio, which is higher than SCHB's 0.03% expense ratio.
Risk-Adjusted Performance
DEOPX vs. SCHB — Risk-Adjusted Performance Rank
DEOPX
SCHB
DEOPX vs. SCHB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Davenport Equity Opportunities Fund (DEOPX) and Schwab U.S. Broad Market ETF (SCHB). 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
DEOPX vs. SCHB - Dividend Comparison
DEOPX's dividend yield for the trailing twelve months is around 0.09%, less than SCHB's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEOPX Davenport Equity Opportunities Fund | 0.09% | 0.09% | 0.27% | 0.30% | 0.00% | 0.00% | 0.26% | 0.00% | 0.00% | 0.00% | 0.04% | 1.67% |
SCHB Schwab U.S. Broad Market ETF | 1.19% | 1.24% | 1.40% | 1.61% | 1.21% | 1.63% | 1.80% | 2.13% | 1.65% | 1.86% | 2.00% | 1.72% |
Drawdowns
DEOPX vs. SCHB - Drawdown Comparison
The maximum DEOPX drawdown since its inception was -39.14%, which is greater than SCHB's maximum drawdown of -35.27%. Use the drawdown chart below to compare losses from any high point for DEOPX and SCHB. For additional features, visit the drawdowns tool.
Volatility
DEOPX vs. SCHB - Volatility Comparison
Davenport Equity Opportunities Fund (DEOPX) has a higher volatility of 3.65% compared to Schwab U.S. Broad Market ETF (SCHB) at 3.17%. This indicates that DEOPX's price experiences larger fluctuations and is considered to be riskier than SCHB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.