EQNIX vs. SCHD
Compare and contrast key facts about MFS Equity Income Fund (EQNIX) and Schwab US Dividend Equity ETF (SCHD).
EQNIX is managed by MFS. It was launched on Sep 27, 2012. 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: EQNIX or SCHD.
Correlation
The correlation between EQNIX and SCHD 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
EQNIX vs. SCHD - Performance Comparison
Key characteristics
EQNIX:
0.59
SCHD:
1.14
EQNIX:
0.83
SCHD:
1.68
EQNIX:
1.12
SCHD:
1.20
EQNIX:
0.70
SCHD:
1.61
EQNIX:
3.29
SCHD:
5.54
EQNIX:
2.20%
SCHD:
2.31%
EQNIX:
12.23%
SCHD:
11.20%
EQNIX:
-36.60%
SCHD:
-33.37%
EQNIX:
-10.39%
SCHD:
-7.30%
Returns By Period
In the year-to-date period, EQNIX achieves a 6.48% return, which is significantly lower than SCHD's 10.84% return. Over the past 10 years, EQNIX has underperformed SCHD with an annualized return of 9.21%, while SCHD has yielded a comparatively higher 10.83% annualized return.
EQNIX
6.48%
-8.16%
-3.22%
8.57%
9.68%
9.21%
SCHD
10.84%
-4.42%
7.27%
12.77%
10.83%
10.83%
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EQNIX vs. SCHD - Expense Ratio Comparison
EQNIX has a 0.64% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
EQNIX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Equity Income Fund (EQNIX) 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
EQNIX vs. SCHD - Dividend Comparison
EQNIX's dividend yield for the trailing twelve months is around 1.67%, less than SCHD's 3.67% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQNIX MFS Equity Income Fund | 1.67% | 1.86% | 2.03% | 1.85% | 2.03% | 2.08% | 2.60% | 2.24% | 2.42% | 3.33% | 4.14% | 2.84% |
SCHD Schwab US Dividend Equity ETF | 3.67% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
EQNIX vs. SCHD - Drawdown Comparison
The maximum EQNIX drawdown since its inception was -36.60%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for EQNIX and SCHD. For additional features, visit the drawdowns tool.
Volatility
EQNIX vs. SCHD - Volatility Comparison
MFS Equity Income Fund (EQNIX) has a higher volatility of 6.17% compared to Schwab US Dividend Equity ETF (SCHD) at 3.67%. This indicates that EQNIX'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.