HOVLX vs. SCHD
Compare and contrast key facts about Homestead Funds Value Fund (HOVLX) and Schwab US Dividend Equity ETF (SCHD).
HOVLX is managed by Homestead. It was launched on Nov 19, 1990. 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: HOVLX or SCHD.
Performance
HOVLX vs. SCHD - Performance Comparison
Returns By Period
In the year-to-date period, HOVLX achieves a 19.97% return, which is significantly higher than SCHD's 18.85% return. Over the past 10 years, HOVLX has underperformed SCHD with an annualized return of 10.69%, while SCHD has yielded a comparatively higher 11.69% annualized return.
HOVLX
19.97%
3.62%
9.30%
27.29%
12.45%
10.69%
SCHD
18.85%
3.78%
14.95%
27.79%
13.14%
11.69%
Key characteristics
| HOVLX | SCHD | |
|---|---|---|
| Sharpe Ratio | 2.52 | 2.49 |
| Sortino Ratio | 3.56 | 3.58 |
| Omega Ratio | 1.46 | 1.44 |
| Calmar Ratio | 3.90 | 3.79 |
| Martin Ratio | 14.00 | 13.58 |
| Ulcer Index | 1.95% | 2.05% |
| Daily Std Dev | 10.82% | 11.15% |
| Max Drawdown | -57.48% | -33.37% |
| Current Drawdown | 0.00% | 0.00% |
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HOVLX vs. SCHD - Expense Ratio Comparison
HOVLX has a 0.63% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Correlation
The correlation between HOVLX and SCHD is 0.90, 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.
Risk-Adjusted Performance
HOVLX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Homestead Funds Value Fund (HOVLX) 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
HOVLX vs. SCHD - Dividend Comparison
HOVLX's dividend yield for the trailing twelve months is around 1.21%, less than SCHD's 3.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HOVLX Homestead Funds Value Fund | 1.21% | 1.49% | 1.48% | 1.19% | 1.39% | 1.60% | 1.94% | 1.80% | 2.31% | 2.02% | 1.54% | 1.67% |
SCHD Schwab US Dividend Equity ETF | 3.33% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
HOVLX vs. SCHD - Drawdown Comparison
The maximum HOVLX drawdown since its inception was -57.48%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for HOVLX and SCHD. For additional features, visit the drawdowns tool.
Volatility
HOVLX vs. SCHD - Volatility Comparison
The current volatility for Homestead Funds Value Fund (HOVLX) is 3.47%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.67%. This indicates that HOVLX 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.