DWLD vs. SCHE
Compare and contrast key facts about Davis Select Worldwide ETF (DWLD) and Schwab Emerging Markets Equity ETF (SCHE).
DWLD and SCHE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DWLD is an actively managed fund by Davis Advisers. It was launched on Jan 11, 2017. SCHE is a passively managed fund by Charles Schwab that tracks the performance of the FTSE All-World Emerging. It was launched on Jan 14, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DWLD or SCHE.
Key characteristics
| DWLD | SCHE | |
|---|---|---|
| YTD Return | 10.60% | 1.65% |
| 1Y Return | 27.41% | 10.26% |
| 3Y Return (Ann) | -1.45% | -5.15% |
| 5Y Return (Ann) | 7.02% | 1.92% |
| Sharpe Ratio | 1.47 | 0.61 |
| Daily Std Dev | 16.53% | 14.11% |
| Max Drawdown | -39.27% | -36.16% |
| Current Drawdown | -6.10% | -20.01% |
Correlation
The correlation between DWLD and SCHE is 0.84, 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
DWLD vs. SCHE - Performance Comparison
In the year-to-date period, DWLD achieves a 10.60% return, which is significantly higher than SCHE's 1.65% return. 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.
DWLD vs. SCHE - Expense Ratio Comparison
DWLD has a 0.63% expense ratio, which is higher than SCHE's 0.11% expense ratio.
Risk-Adjusted Performance
DWLD vs. SCHE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Davis Select Worldwide ETF (DWLD) and Schwab Emerging Markets Equity ETF (SCHE). 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
DWLD vs. SCHE - Dividend Comparison
DWLD's dividend yield for the trailing twelve months is around 1.11%, less than SCHE's 3.77% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DWLD Davis Select Worldwide ETF | 1.11% | 1.23% | 0.75% | 1.03% | 0.24% | 2.27% | 4.11% | 0.20% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHE Schwab Emerging Markets Equity ETF | 3.77% | 3.83% | 2.88% | 2.86% | 2.09% | 3.27% | 2.69% | 2.31% | 2.27% | 2.50% | 2.86% | 2.56% |
Drawdowns
DWLD vs. SCHE - Drawdown Comparison
The maximum DWLD drawdown since its inception was -39.27%, which is greater than SCHE's maximum drawdown of -36.16%. Use the drawdown chart below to compare losses from any high point for DWLD and SCHE. For additional features, visit the drawdowns tool.
Volatility
DWLD vs. SCHE - Volatility Comparison
Davis Select Worldwide ETF (DWLD) has a higher volatility of 4.10% compared to Schwab Emerging Markets Equity ETF (SCHE) at 3.45%. This indicates that DWLD's price experiences larger fluctuations and is considered to be riskier than SCHE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.