Correlation
The correlation between HART and SCHD is 0.76, 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.
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.
Performance
HART vs. SCHD - Performance Comparison
Loading data...
Key characteristics
HART:
0.02
SCHD:
0.35
HART:
0.12
SCHD:
0.56
HART:
1.02
SCHD:
1.07
HART:
0.01
SCHD:
0.33
HART:
0.04
SCHD:
0.99
HART:
5.64%
SCHD:
5.36%
HART:
14.83%
SCHD:
16.40%
HART:
-17.40%
SCHD:
-33.37%
HART:
-9.67%
SCHD:
-9.75%
Returns By Period
In the year-to-date period, HART achieves a -1.60% return, which is significantly higher than SCHD's -3.35% return.
HART
-1.60%
0.54%
-5.61%
-1.11%
4.33%
N/A
N/A
SCHD
-3.35%
1.79%
-9.75%
3.76%
3.71%
12.22%
10.58%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 Rank
HART
SCHD
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.
Loading data...
Dividends
HART vs. SCHD - Dividend Comparison
HART's dividend yield for the trailing twelve months is around 1.36%, less than SCHD's 3.97% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HART IQ Healthy Hearts ETF | 1.36% | 1.21% | 1.20% | 1.27% | 0.98% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.97% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% |
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.
Loading data...
Volatility
HART vs. SCHD - Volatility Comparison
IQ Healthy Hearts ETF (HART) and Schwab US Dividend Equity ETF (SCHD) have volatilities of 5.13% and 4.90%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...