Correlation
The correlation between ITDC and SCYB is 0.61, 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.
ITDC vs. SCYB
Compare and contrast key facts about Ishares Lifepath Target Date 2035 ETF (ITDC) and Schwab High Yield Bond ETF (SCYB).
ITDC and SCYB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ITDC is an actively managed fund by iShares. It was launched on Oct 17, 2023. SCYB is a passively managed fund by Charles Schwab that tracks the performance of the ICE BofA US Cash Pay High Yield Constrained Index. It was launched on Jul 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ITDC or SCYB.
Performance
ITDC vs. SCYB - Performance Comparison
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Key characteristics
ITDC:
0.97
SCYB:
1.68
ITDC:
1.30
SCYB:
2.29
ITDC:
1.18
SCYB:
1.34
ITDC:
0.99
SCYB:
1.84
ITDC:
4.38
SCYB:
9.81
ITDC:
2.35%
SCYB:
0.92%
ITDC:
11.96%
SCYB:
5.79%
ITDC:
-10.39%
SCYB:
-4.92%
ITDC:
-0.31%
SCYB:
0.00%
Returns By Period
In the year-to-date period, ITDC achieves a 4.14% return, which is significantly higher than SCYB's 2.55% return.
ITDC
4.14%
3.31%
1.78%
11.47%
N/A
N/A
N/A
SCYB
2.55%
1.08%
2.06%
9.64%
N/A
N/A
N/A
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ITDC vs. SCYB - Expense Ratio Comparison
ITDC has a 0.10% expense ratio, which is higher than SCYB's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
ITDC vs. SCYB — Risk-Adjusted Performance Rank
ITDC
SCYB
ITDC vs. SCYB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares Lifepath Target Date 2035 ETF (ITDC) and Schwab High Yield Bond ETF (SCYB). 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.
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Dividends
ITDC vs. SCYB - Dividend Comparison
ITDC's dividend yield for the trailing twelve months is around 1.85%, less than SCYB's 7.11% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
ITDC Ishares Lifepath Target Date 2035 ETF | 1.85% | 1.93% | 0.84% |
SCYB Schwab High Yield Bond ETF | 7.11% | 7.06% | 3.36% |
Drawdowns
ITDC vs. SCYB - Drawdown Comparison
The maximum ITDC drawdown since its inception was -10.39%, which is greater than SCYB's maximum drawdown of -4.92%. Use the drawdown chart below to compare losses from any high point for ITDC and SCYB.
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Volatility
ITDC vs. SCYB - Volatility Comparison
Ishares Lifepath Target Date 2035 ETF (ITDC) has a higher volatility of 2.40% compared to Schwab High Yield Bond ETF (SCYB) at 1.67%. This indicates that ITDC's price experiences larger fluctuations and is considered to be riskier than SCYB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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