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.
Key characteristics
| HOVLX | SCHD | |
|---|---|---|
| YTD Return | 19.29% | 17.75% |
| 1Y Return | 32.57% | 31.70% |
| 3Y Return (Ann) | 8.48% | 7.26% |
| 5Y Return (Ann) | 12.26% | 12.80% |
| 10Y Return (Ann) | 10.89% | 11.72% |
| Sharpe Ratio | 2.91 | 2.67 |
| Sortino Ratio | 4.10 | 3.84 |
| Omega Ratio | 1.54 | 1.47 |
| Calmar Ratio | 4.55 | 2.80 |
| Martin Ratio | 16.42 | 14.83 |
| Ulcer Index | 1.94% | 2.04% |
| Daily Std Dev | 10.92% | 11.32% |
| Max Drawdown | -57.48% | -33.37% |
| Current Drawdown | 0.00% | 0.00% |
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.
Performance
HOVLX vs. SCHD - Performance Comparison
In the year-to-date period, HOVLX achieves a 19.29% return, which is significantly higher than SCHD's 17.75% return. Over the past 10 years, HOVLX has underperformed SCHD with an annualized return of 10.89%, while SCHD has yielded a comparatively higher 11.72% annualized 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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HOVLX vs. SCHD - Expense Ratio Comparison
HOVLX has a 0.63% expense ratio, which is higher than SCHD's 0.06% expense ratio.
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 1.22%, less than SCHD's 3.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HOVLX Homestead Funds Value Fund | 1.22% | 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 | 3.36% | 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
Homestead Funds Value Fund (HOVLX) and Schwab US Dividend Equity ETF (SCHD) have volatilities of 3.67% and 3.57%, 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.