HCAL.TO vs. SCHD
Compare and contrast key facts about Hamilton Enhanced Canadian Bank ETF (HCAL.TO) and Schwab US Dividend Equity ETF (SCHD).
HCAL.TO and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HCAL.TO is a passively managed fund by Hamilton Capital that tracks the performance of the Solactive Equal Weight Canada Banks Index (125%). It was launched on Oct 14, 2020. 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 HCAL.TO 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: HCAL.TO or SCHD.
Correlation
The correlation between HCAL.TO and SCHD is 0.63, 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
HCAL.TO vs. SCHD - Performance Comparison
Key characteristics
HCAL.TO:
1.55
SCHD:
0.14
HCAL.TO:
2.18
SCHD:
0.35
HCAL.TO:
1.32
SCHD:
1.05
HCAL.TO:
1.35
SCHD:
0.17
HCAL.TO:
5.44
SCHD:
0.57
HCAL.TO:
4.65%
SCHD:
4.90%
HCAL.TO:
15.35%
SCHD:
16.03%
HCAL.TO:
-35.05%
SCHD:
-33.37%
HCAL.TO:
-3.76%
SCHD:
-11.09%
Returns By Period
In the year-to-date period, HCAL.TO achieves a -0.34% return, which is significantly higher than SCHD's -4.79% return.
HCAL.TO
-0.34%
15.01%
1.85%
23.68%
N/A
N/A
SCHD
-4.79%
6.00%
-9.18%
2.30%
12.67%
10.38%
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HCAL.TO vs. SCHD - Expense Ratio Comparison
HCAL.TO has a 0.65% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
HCAL.TO vs. SCHD — Risk-Adjusted Performance Rank
HCAL.TO
SCHD
HCAL.TO vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hamilton Enhanced Canadian Bank ETF (HCAL.TO) 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
HCAL.TO vs. SCHD - Dividend Comparison
HCAL.TO's dividend yield for the trailing twelve months is around 6.27%, more than SCHD's 4.03% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HCAL.TO Hamilton Enhanced Canadian Bank ETF | 6.27% | 6.12% | 7.37% | 7.47% | 4.99% | 3.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 4.03% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% |
Drawdowns
HCAL.TO vs. SCHD - Drawdown Comparison
The maximum HCAL.TO drawdown since its inception was -35.05%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for HCAL.TO and SCHD. For additional features, visit the drawdowns tool.
Volatility
HCAL.TO vs. SCHD - Volatility Comparison
The current volatility for Hamilton Enhanced Canadian Bank ETF (HCAL.TO) is 7.56%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 8.36%. This indicates that HCAL.TO 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.