HART vs. SCHD
Compare and contrast key facts about IQ Healthy Hearts ETF (HART) and Schwab US Dividend Equity ETF (SCHD).
HART and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HART is a passively managed fund by New York Life that tracks the performance of the IQ Candriam Healthy Hearts Index. It was launched on Jan 14, 2021. 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 HART 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: HART or SCHD.
Key characteristics
| HART | SCHD | |
|---|---|---|
| YTD Return | 1.98% | 3.43% |
| 1Y Return | 4.82% | 12.26% |
| 3Y Return (Ann) | 4.59% | 4.90% |
| Sharpe Ratio | 0.42 | 0.89 |
| Daily Std Dev | 10.25% | 11.77% |
| Max Drawdown | -17.40% | -33.37% |
| Current Drawdown | -2.56% | -3.10% |
Correlation
The correlation between HART and SCHD is 0.74, 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
HART vs. SCHD - Performance Comparison
In the year-to-date period, HART achieves a 1.98% return, which is significantly lower than SCHD's 3.43% 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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HART vs. SCHD - Expense Ratio Comparison
HART has a 0.45% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
HART vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IQ Healthy Hearts ETF (HART) 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
HART vs. SCHD - Dividend Comparison
HART's dividend yield for the trailing twelve months is around 1.18%, less than SCHD's 3.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HART IQ Healthy Hearts ETF | 1.18% | 1.20% | 1.27% | 0.98% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.42% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
HART vs. SCHD - Drawdown Comparison
The maximum HART drawdown since its inception was -17.40%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for HART and SCHD. For additional features, visit the drawdowns tool.
Volatility
HART vs. SCHD - Volatility Comparison
The current volatility for IQ Healthy Hearts ETF (HART) is 3.45%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.87%. This indicates that HART 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.