GRIN vs. SCHD
Compare and contrast key facts about Grindrod Shipping Holdings Ltd. (GRIN) 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: GRIN or SCHD.
Key characteristics
| GRIN | SCHD | |
|---|---|---|
| YTD Return | 52.22% | 2.25% |
| 1Y Return | 54.37% | 9.46% |
| 3Y Return (Ann) | 46.99% | 4.52% |
| 5Y Return (Ann) | 37.30% | 10.99% |
| Sharpe Ratio | 0.78 | 0.79 |
| Daily Std Dev | 68.44% | 11.77% |
| Max Drawdown | -88.89% | -33.37% |
| Current Drawdown | -20.43% | -4.20% |
Correlation
The correlation between GRIN and SCHD is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GRIN vs. SCHD - Performance Comparison
In the year-to-date period, GRIN achieves a 52.22% return, which is significantly higher than SCHD's 2.25% 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
GRIN vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Grindrod Shipping Holdings Ltd. (GRIN) 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
GRIN vs. SCHD - Dividend Comparison
GRIN's dividend yield for the trailing twelve months is around 19.64%, more than SCHD's 3.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRIN Grindrod Shipping Holdings Ltd. | 19.64% | 30.23% | 64.30% | 3.99% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.46% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
GRIN vs. SCHD - Drawdown Comparison
The maximum GRIN drawdown since its inception was -88.89%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for GRIN and SCHD. For additional features, visit the drawdowns tool.
Volatility
GRIN vs. SCHD - Volatility Comparison
Grindrod Shipping Holdings Ltd. (GRIN) has a higher volatility of 27.28% compared to Schwab US Dividend Equity ETF (SCHD) at 3.77%. This indicates that GRIN'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.