ETN vs. SCHD
Compare and contrast key facts about Eaton Corporation plc (ETN) and Schwab US Dividend Equity ETF (SCHD).
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: ETN or SCHD.
Key characteristics
| ETN | SCHD | |
|---|---|---|
| YTD Return | 33.90% | 3.21% |
| 1Y Return | 93.96% | 15.78% |
| 3Y Return (Ann) | 33.05% | 4.47% |
| 5Y Return (Ann) | 34.16% | 11.41% |
| 10Y Return (Ann) | 19.42% | 11.17% |
| Sharpe Ratio | 3.54 | 1.29 |
| Daily Std Dev | 25.27% | 11.38% |
| Max Drawdown | -68.95% | -33.37% |
| Current Drawdown | -2.74% | -3.30% |
Correlation
The correlation between ETN and SCHD is 0.70, 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
ETN vs. SCHD - Performance Comparison
In the year-to-date period, ETN achieves a 33.90% return, which is significantly higher than SCHD's 3.21% return. Over the past 10 years, ETN has outperformed SCHD with an annualized return of 19.42%, 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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Risk-Adjusted Performance
ETN vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Corporation plc (ETN) 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
ETN vs. SCHD - Dividend Comparison
ETN's dividend yield for the trailing twelve months is around 1.39%, less than SCHD's 3.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETN Eaton Corporation plc | 1.12% | 1.43% | 2.06% | 1.76% | 2.43% | 3.00% | 3.85% | 3.04% | 3.40% | 4.23% | 2.88% | 2.21% |
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
ETN vs. SCHD - Drawdown Comparison
The maximum ETN drawdown since its inception was -68.95%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for ETN and SCHD. For additional features, visit the drawdowns tool.
Volatility
ETN vs. SCHD - Volatility Comparison
Eaton Corporation plc (ETN) has a higher volatility of 8.23% compared to Schwab US Dividend Equity ETF (SCHD) at 3.61%. This indicates that ETN'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.