GRNY vs. SCHD
Compare and contrast key facts about Fundstrat Granny Shots US Large Cap ETF (GRNY) and Schwab US Dividend Equity ETF (SCHD).
GRNY and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GRNY is an actively managed fund by Tidal ETFs. It was launched on Nov 7, 2024. 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: GRNY or SCHD.
Correlation
The correlation between GRNY and SCHD is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
GRNY vs. SCHD - Performance Comparison
Key characteristics
GRNY:
32.69%
SCHD:
15.98%
GRNY:
-24.18%
SCHD:
-33.37%
GRNY:
-10.42%
SCHD:
-10.71%
Returns By Period
The year-to-date returns for both investments are quite close, with GRNY having a -4.41% return and SCHD slightly higher at -4.38%.
GRNY
-4.41%
5.18%
N/A
N/A
N/A
N/A
SCHD
-4.38%
-6.13%
-6.13%
3.51%
12.85%
10.43%
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GRNY vs. SCHD - Expense Ratio Comparison
GRNY has a 0.75% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
GRNY vs. SCHD — Risk-Adjusted Performance Rank
GRNY
SCHD
GRNY vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fundstrat Granny Shots US Large Cap ETF (GRNY) 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.
Not enough dataDividends
GRNY vs. SCHD - Dividend Comparison
GRNY has not paid dividends to shareholders, while SCHD's dividend yield for the trailing twelve months is around 4.02%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRNY Fundstrat Granny Shots US Large Cap ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 4.02% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% |
Drawdowns
GRNY vs. SCHD - Drawdown Comparison
The maximum GRNY drawdown since its inception was -24.18%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for GRNY and SCHD. For additional features, visit the drawdowns tool.
Volatility
GRNY vs. SCHD - Volatility Comparison
Fundstrat Granny Shots US Large Cap ETF (GRNY) has a higher volatility of 17.31% compared to Schwab US Dividend Equity ETF (SCHD) at 11.25%. This indicates that GRNY'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.