FVD vs. SCHD
Compare and contrast key facts about First Trust Value Line Dividend Index (FVD) and Schwab US Dividend Equity ETF (SCHD).
FVD and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FVD is a passively managed fund by First Trust that tracks the performance of the Value Line Dividend Index. It was launched on Aug 26, 2003. 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 FVD 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: FVD or SCHD.
Key characteristics
| FVD | SCHD | |
|---|---|---|
| YTD Return | 14.97% | 17.47% |
| 1Y Return | 22.32% | 27.61% |
| 3Y Return (Ann) | 5.52% | 6.96% |
| 5Y Return (Ann) | 7.69% | 12.74% |
| 10Y Return (Ann) | 9.33% | 11.66% |
| Sharpe Ratio | 2.51 | 2.70 |
| Sortino Ratio | 3.60 | 3.89 |
| Omega Ratio | 1.47 | 1.48 |
| Calmar Ratio | 3.30 | 3.71 |
| Martin Ratio | 14.91 | 14.94 |
| Ulcer Index | 1.70% | 2.04% |
| Daily Std Dev | 10.11% | 11.25% |
| Max Drawdown | -51.00% | -33.37% |
| Current Drawdown | -0.80% | -0.51% |
Correlation
The correlation between FVD and SCHD is 0.91, 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
FVD vs. SCHD - Performance Comparison
In the year-to-date period, FVD achieves a 14.97% return, which is significantly lower than SCHD's 17.47% return. Over the past 10 years, FVD has underperformed SCHD with an annualized return of 9.33%, while SCHD has yielded a comparatively higher 11.66% 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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FVD vs. SCHD - Expense Ratio Comparison
FVD has a 0.70% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
FVD vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Value Line Dividend Index (FVD) 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
FVD vs. SCHD - Dividend Comparison
FVD's dividend yield for the trailing twelve months is around 2.16%, less than SCHD's 3.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FVD First Trust Value Line Dividend Index | 2.16% | 2.34% | 2.20% | 1.75% | 2.31% | 2.03% | 2.50% | 2.10% | 2.04% | 2.35% | 2.46% | 2.28% |
SCHD Schwab US Dividend Equity ETF | 3.37% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
FVD vs. SCHD - Drawdown Comparison
The maximum FVD drawdown since its inception was -51.00%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for FVD and SCHD. For additional features, visit the drawdowns tool.
Volatility
FVD vs. SCHD - Volatility Comparison
The current volatility for First Trust Value Line Dividend Index (FVD) is 2.97%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.49%. This indicates that FVD experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.