DXJ vs. SCHD
Compare and contrast key facts about WisdomTree Japan Hedged Equity Fund (DXJ) and Schwab US Dividend Equity ETF (SCHD).
DXJ and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DXJ is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Japan Hedged Equity Index. It was launched on Jun 16, 2006. 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 DXJ 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: DXJ or SCHD.
Key characteristics
| DXJ | SCHD | |
|---|---|---|
| YTD Return | 23.25% | 3.21% |
| 1Y Return | 55.64% | 15.78% |
| 3Y Return (Ann) | 25.95% | 4.47% |
| 5Y Return (Ann) | 19.19% | 11.41% |
| 10Y Return (Ann) | 13.31% | 11.17% |
| Sharpe Ratio | 3.44 | 1.29 |
| Daily Std Dev | 15.91% | 11.38% |
| Max Drawdown | -49.63% | -33.37% |
| Current Drawdown | -0.99% | -3.30% |
Correlation
The correlation between DXJ and SCHD is 0.62, 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
DXJ vs. SCHD - Performance Comparison
In the year-to-date period, DXJ achieves a 23.25% return, which is significantly higher than SCHD's 3.21% return. Over the past 10 years, DXJ has outperformed SCHD with an annualized return of 13.31%, while SCHD has yielded a comparatively lower 11.17% 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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DXJ vs. SCHD - Expense Ratio Comparison
DXJ has a 0.48% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
DXJ vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Japan Hedged Equity Fund (DXJ) 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
DXJ vs. SCHD - Dividend Comparison
DXJ's dividend yield for the trailing twelve months is around 2.50%, less than SCHD's 3.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DXJ WisdomTree Japan Hedged Equity Fund | 2.50% | 3.44% | 3.02% | 2.64% | 2.53% | 2.47% | 2.92% | 2.30% | 1.98% | 5.95% | 11.61% | 2.44% |
SCHD Schwab US Dividend Equity ETF | 3.43% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
DXJ vs. SCHD - Drawdown Comparison
The maximum DXJ drawdown since its inception was -49.63%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for DXJ and SCHD. For additional features, visit the drawdowns tool.
Volatility
DXJ vs. SCHD - Volatility Comparison
WisdomTree Japan Hedged Equity Fund (DXJ) has a higher volatility of 4.40% compared to Schwab US Dividend Equity ETF (SCHD) at 3.61%. This indicates that DXJ's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.