GCOW vs. SCHD
Compare and contrast key facts about Pacer Global Cash Cows Dividend ETF (GCOW) and Schwab US Dividend Equity ETF (SCHD).
GCOW and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GCOW is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer Global Cash Cows Dividends Index. It was launched on Feb 23, 2016. 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 GCOW 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: GCOW or SCHD.
Key characteristics
| GCOW | SCHD | |
|---|---|---|
| YTD Return | 1.56% | 2.95% |
| 1Y Return | 6.57% | 9.99% |
| 3Y Return (Ann) | 8.29% | 4.75% |
| 5Y Return (Ann) | 7.07% | 11.48% |
| Sharpe Ratio | 0.54 | 0.87 |
| Daily Std Dev | 11.99% | 11.76% |
| Max Drawdown | -37.64% | -33.37% |
| Current Drawdown | -1.35% | -3.55% |
Correlation
The correlation between GCOW and SCHD is 0.78, 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
GCOW vs. SCHD - Performance Comparison
In the year-to-date period, GCOW achieves a 1.56% return, which is significantly lower than SCHD's 2.95% 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.
GCOW vs. SCHD - Expense Ratio Comparison
GCOW has a 0.60% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
GCOW vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Global Cash Cows Dividend ETF (GCOW) 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
GCOW vs. SCHD - Dividend Comparison
GCOW's dividend yield for the trailing twelve months is around 5.80%, more than SCHD's 3.44% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GCOW Pacer Global Cash Cows Dividend ETF | 5.80% | 5.28% | 4.39% | 4.23% | 4.12% | 4.40% | 3.94% | 2.79% | 1.95% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.44% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
GCOW vs. SCHD - Drawdown Comparison
The maximum GCOW drawdown since its inception was -37.64%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for GCOW and SCHD. For additional features, visit the drawdowns tool.
Volatility
GCOW vs. SCHD - Volatility Comparison
The current volatility for Pacer Global Cash Cows Dividend ETF (GCOW) is 3.23%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.83%. This indicates that GCOW 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.