IWMW vs. SCHD
Compare and contrast key facts about iShares Russell 2000 BuyWrite ETF (IWMW) and Schwab US Dividend Equity ETF (SCHD).
IWMW and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWMW is a passively managed fund by iShares that tracks the performance of the Cboe FTSE Russell IWM 2% OTM BuyWrite Index - Benchmark TR Gross. It was launched on Mar 14, 2024. 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 IWMW 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: IWMW or SCHD.
Correlation
The correlation between IWMW and SCHD is 0.55, 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.
Performance
IWMW vs. SCHD - Performance Comparison
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Key characteristics
IWMW:
-0.09
SCHD:
0.08
IWMW:
0.02
SCHD:
0.32
IWMW:
1.00
SCHD:
1.04
IWMW:
-0.07
SCHD:
0.15
IWMW:
-0.26
SCHD:
0.49
IWMW:
6.16%
SCHD:
4.96%
IWMW:
19.81%
SCHD:
16.03%
IWMW:
-21.82%
SCHD:
-33.37%
IWMW:
-12.09%
SCHD:
-11.26%
Returns By Period
In the year-to-date period, IWMW achieves a -7.19% return, which is significantly lower than SCHD's -4.97% return.
IWMW
-7.19%
7.55%
-9.38%
-1.65%
N/A
N/A
SCHD
-4.97%
3.04%
-9.89%
1.08%
12.64%
10.39%
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IWMW vs. SCHD - Expense Ratio Comparison
IWMW has a 0.39% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
IWMW vs. SCHD — Risk-Adjusted Performance Rank
IWMW
SCHD
IWMW vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Russell 2000 BuyWrite ETF (IWMW) 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.
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Dividends
IWMW vs. SCHD - Dividend Comparison
IWMW's dividend yield for the trailing twelve months is around 23.05%, more than SCHD's 4.04% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWMW iShares Russell 2000 BuyWrite ETF | 23.05% | 17.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 4.04% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% |
Drawdowns
IWMW vs. SCHD - Drawdown Comparison
The maximum IWMW drawdown since its inception was -21.82%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for IWMW and SCHD. For additional features, visit the drawdowns tool.
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Volatility
IWMW vs. SCHD - Volatility Comparison
iShares Russell 2000 BuyWrite ETF (IWMW) has a higher volatility of 6.01% compared to Schwab US Dividend Equity ETF (SCHD) at 5.61%. This indicates that IWMW's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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