HDMV vs. SCHY
Compare and contrast key facts about First Trust Horizon Managed Volatility Developed Intl ETF (HDMV) and Schwab International Dividend Equity ETF (SCHY).
HDMV and SCHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HDMV is an actively managed fund by First Trust. It was launched on Aug 24, 2016. SCHY is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones International Dividend 100 Index. It was launched on Apr 29, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HDMV or SCHY.
Correlation
The correlation between HDMV and SCHY is 0.64, 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
HDMV vs. SCHY - Performance Comparison
Key characteristics
HDMV:
1.84
SCHY:
1.16
HDMV:
2.41
SCHY:
1.65
HDMV:
1.36
SCHY:
1.23
HDMV:
2.31
SCHY:
1.30
HDMV:
5.74
SCHY:
2.88
HDMV:
4.16%
SCHY:
5.49%
HDMV:
13.05%
SCHY:
13.69%
HDMV:
-32.01%
SCHY:
-24.03%
HDMV:
0.00%
SCHY:
0.00%
Returns By Period
In the year-to-date period, HDMV achieves a 19.18% return, which is significantly higher than SCHY's 14.08% return.
HDMV
19.18%
6.08%
12.46%
23.88%
7.63%
N/A
SCHY
14.08%
2.98%
6.61%
15.38%
N/A
N/A
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HDMV vs. SCHY - Expense Ratio Comparison
HDMV has a 0.80% expense ratio, which is higher than SCHY's 0.14% expense ratio.
Risk-Adjusted Performance
HDMV vs. SCHY — Risk-Adjusted Performance Rank
HDMV
SCHY
HDMV vs. SCHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Horizon Managed Volatility Developed Intl ETF (HDMV) and Schwab International Dividend Equity ETF (SCHY). 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
HDMV vs. SCHY - Dividend Comparison
HDMV's dividend yield for the trailing twelve months is around 2.65%, less than SCHY's 4.01% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
HDMV First Trust Horizon Managed Volatility Developed Intl ETF | 2.65% | 3.24% | 3.14% | 3.53% | 3.11% | 1.45% | 3.64% | 2.88% | 3.23% | 0.18% |
SCHY Schwab International Dividend Equity ETF | 4.01% | 4.64% | 3.97% | 3.68% | 1.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HDMV vs. SCHY - Drawdown Comparison
The maximum HDMV drawdown since its inception was -32.01%, which is greater than SCHY's maximum drawdown of -24.03%. Use the drawdown chart below to compare losses from any high point for HDMV and SCHY. For additional features, visit the drawdowns tool.
Volatility
HDMV vs. SCHY - Volatility Comparison
First Trust Horizon Managed Volatility Developed Intl ETF (HDMV) and Schwab International Dividend Equity ETF (SCHY) have volatilities of 8.42% and 8.71%, 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.