IPKW vs. SCHF
Compare and contrast key facts about Invesco International BuyBack Achievers™ ETF (IPKW) and Schwab International Equity ETF (SCHF).
IPKW and SCHF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IPKW is a passively managed fund by Invesco that tracks the performance of the NASDAQ International BuyBack Achievers Index. It was launched on Feb 27, 2014. SCHF is a passively managed fund by Charles Schwab that tracks the performance of the FTSE Developed ex U.S. Index. It was launched on Nov 3, 2009. Both IPKW and SCHF 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: IPKW or SCHF.
Correlation
The correlation between IPKW and SCHF is 0.87, 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
IPKW vs. SCHF - Performance Comparison
Key characteristics
IPKW:
0.63
SCHF:
0.43
IPKW:
0.90
SCHF:
0.67
IPKW:
1.11
SCHF:
1.08
IPKW:
0.70
SCHF:
0.58
IPKW:
3.20
SCHF:
1.64
IPKW:
2.82%
SCHF:
3.33%
IPKW:
14.46%
SCHF:
12.73%
IPKW:
-47.24%
SCHF:
-34.64%
IPKW:
-8.59%
SCHF:
-8.88%
Returns By Period
In the year-to-date period, IPKW achieves a 8.23% return, which is significantly higher than SCHF's 4.38% return. Over the past 10 years, IPKW has outperformed SCHF with an annualized return of 7.83%, while SCHF has yielded a comparatively lower 6.31% annualized return.
IPKW
8.23%
-3.62%
-0.93%
8.84%
7.09%
7.83%
SCHF
4.38%
-1.87%
-0.70%
5.26%
6.58%
6.31%
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IPKW vs. SCHF - Expense Ratio Comparison
IPKW has a 0.55% expense ratio, which is higher than SCHF's 0.06% expense ratio.
Risk-Adjusted Performance
IPKW vs. SCHF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco International BuyBack Achievers™ ETF (IPKW) and Schwab International Equity ETF (SCHF). 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
IPKW vs. SCHF - Dividend Comparison
IPKW's dividend yield for the trailing twelve months is around 2.84%, less than SCHF's 3.26% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Invesco International BuyBack Achievers™ ETF | 2.84% | 2.66% | 3.77% | 7.37% | 1.45% | 2.41% | 2.61% | 0.93% | 2.82% | 1.31% | 1.41% | 0.00% |
Schwab International Equity ETF | 3.26% | 2.97% | 4.75% | 5.51% | 3.50% | 5.89% | 3.06% | 2.35% | 2.58% | 4.51% | 5.80% | 2.21% |
Drawdowns
IPKW vs. SCHF - Drawdown Comparison
The maximum IPKW drawdown since its inception was -47.24%, which is greater than SCHF's maximum drawdown of -34.64%. Use the drawdown chart below to compare losses from any high point for IPKW and SCHF. For additional features, visit the drawdowns tool.
Volatility
IPKW vs. SCHF - Volatility Comparison
Invesco International BuyBack Achievers™ ETF (IPKW) has a higher volatility of 3.97% compared to Schwab International Equity ETF (SCHF) at 3.59%. This indicates that IPKW's price experiences larger fluctuations and is considered to be riskier than SCHF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.