IHI vs. SCHD
Compare and contrast key facts about iShares U.S. Medical Devices ETF (IHI) and Schwab US Dividend Equity ETF (SCHD).
IHI and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IHI is a passively managed fund by iShares that tracks the performance of the Dow Jones U.S. Select Medical Equipment Index. It was launched on May 5, 2006. 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 IHI 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: IHI or SCHD.
Performance
IHI vs. SCHD - Performance Comparison
Returns By Period
In the year-to-date period, IHI achieves a 11.40% return, which is significantly lower than SCHD's 16.26% return. Over the past 10 years, IHI has outperformed SCHD with an annualized return of 13.08%, while SCHD has yielded a comparatively lower 11.40% annualized return.
IHI
11.40%
0.37%
6.16%
21.16%
7.61%
13.08%
SCHD
16.26%
0.84%
10.89%
25.41%
12.67%
11.40%
Key characteristics
| IHI | SCHD | |
|---|---|---|
| Sharpe Ratio | 1.54 | 2.27 |
| Sortino Ratio | 2.18 | 3.27 |
| Omega Ratio | 1.27 | 1.40 |
| Calmar Ratio | 0.87 | 3.34 |
| Martin Ratio | 7.00 | 12.25 |
| Ulcer Index | 3.18% | 2.05% |
| Daily Std Dev | 14.39% | 11.06% |
| Max Drawdown | -49.64% | -33.37% |
| Current Drawdown | -9.40% | -1.54% |
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IHI vs. SCHD - Expense Ratio Comparison
IHI has a 0.43% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Correlation
The correlation between IHI and SCHD is 0.66, 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.
Risk-Adjusted Performance
IHI vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Medical Devices ETF (IHI) 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
IHI vs. SCHD - Dividend Comparison
IHI's dividend yield for the trailing twelve months is around 0.44%, less than SCHD's 3.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IHI iShares U.S. Medical Devices ETF | 0.44% | 0.53% | 0.45% | 0.25% | 0.25% | 0.33% | 0.26% | 0.37% | 0.55% | 1.28% | 0.65% | 0.33% |
SCHD Schwab US Dividend Equity ETF | 3.40% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
IHI vs. SCHD - Drawdown Comparison
The maximum IHI drawdown since its inception was -49.64%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for IHI and SCHD. For additional features, visit the drawdowns tool.
Volatility
IHI vs. SCHD - Volatility Comparison
iShares U.S. Medical Devices ETF (IHI) and Schwab US Dividend Equity ETF (SCHD) have volatilities of 3.42% and 3.39%, 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.