IHDG vs. SCHY
Compare and contrast key facts about WisdomTree International Hedged Dividend Growth Fund (IHDG) and Schwab International Dividend Equity ETF (SCHY).
IHDG and SCHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IHDG is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree International Hedged Dividend Growth Index. It was launched on May 7, 2014. 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. Both IHDG and SCHY 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: IHDG or SCHY.
Key characteristics
| IHDG | SCHY | |
|---|---|---|
| YTD Return | 7.46% | -2.90% |
| 1Y Return | 13.15% | 1.74% |
| Sharpe Ratio | 1.43 | 0.25 |
| Daily Std Dev | 10.24% | 11.27% |
| Max Drawdown | -29.24% | -24.04% |
| Current Drawdown | -2.35% | -3.25% |
Correlation
The correlation between IHDG and SCHY is 0.75, 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
IHDG vs. SCHY - Performance Comparison
In the year-to-date period, IHDG achieves a 7.46% return, which is significantly higher than SCHY's -2.90% 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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IHDG vs. SCHY - Expense Ratio Comparison
IHDG has a 0.58% expense ratio, which is higher than SCHY's 0.14% expense ratio.
Risk-Adjusted Performance
IHDG vs. SCHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree International Hedged Dividend Growth Fund (IHDG) 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
IHDG vs. SCHY - Dividend Comparison
IHDG's dividend yield for the trailing twelve months is around 1.70%, less than SCHY's 4.79% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
IHDG WisdomTree International Hedged Dividend Growth Fund | 1.70% | 1.70% | 13.79% | 2.77% | 1.94% | 1.99% | 0.22% | 1.28% | 1.91% | 3.04% | 3.86% |
SCHY Schwab International Dividend Equity ETF | 4.79% | 3.97% | 3.67% | 1.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IHDG vs. SCHY - Drawdown Comparison
The maximum IHDG drawdown since its inception was -29.24%, which is greater than SCHY's maximum drawdown of -24.04%. Use the drawdown chart below to compare losses from any high point for IHDG and SCHY. For additional features, visit the drawdowns tool.
Volatility
IHDG vs. SCHY - Volatility Comparison
WisdomTree International Hedged Dividend Growth Fund (IHDG) and Schwab International Dividend Equity ETF (SCHY) have volatilities of 3.06% and 2.94%, 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.