JDIEX vs. SCHG
Compare and contrast key facts about Easterly Hedged Equity Fund (JDIEX) and Schwab U.S. Large-Cap Growth ETF (SCHG).
JDIEX is managed by James Alpha Advisors. It was launched on Jul 30, 2015. SCHG is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Growth Total Stock Market Total Return Index. It was launched on Dec 11, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JDIEX or SCHG.
Correlation
The correlation between JDIEX and SCHG 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
JDIEX vs. SCHG - Performance Comparison
Key characteristics
JDIEX:
0.81
SCHG:
0.51
JDIEX:
1.19
SCHG:
0.87
JDIEX:
1.19
SCHG:
1.12
JDIEX:
0.96
SCHG:
0.54
JDIEX:
4.78
SCHG:
1.88
JDIEX:
2.14%
SCHG:
6.76%
JDIEX:
12.56%
SCHG:
24.97%
JDIEX:
-17.63%
SCHG:
-34.59%
JDIEX:
-3.80%
SCHG:
-12.56%
Returns By Period
In the year-to-date period, JDIEX achieves a -1.57% return, which is significantly higher than SCHG's -8.70% return.
JDIEX
-1.57%
-1.27%
-0.66%
10.77%
9.07%
N/A
SCHG
-8.70%
1.52%
-4.59%
14.67%
18.63%
15.04%
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JDIEX vs. SCHG - Expense Ratio Comparison
JDIEX has a 1.26% expense ratio, which is higher than SCHG's 0.04% expense ratio.
Risk-Adjusted Performance
JDIEX vs. SCHG — Risk-Adjusted Performance Rank
JDIEX
SCHG
JDIEX vs. SCHG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Easterly Hedged Equity Fund (JDIEX) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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
JDIEX vs. SCHG - Dividend Comparison
JDIEX's dividend yield for the trailing twelve months is around 0.10%, less than SCHG's 0.45% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JDIEX Easterly Hedged Equity Fund | 0.10% | 0.09% | 0.23% | 2.45% | 10.68% | 8.01% | 1.98% | 6.14% | 2.57% | 0.11% | 0.39% | 0.00% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.45% | 0.40% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.04% | 1.22% | 1.09% |
Drawdowns
JDIEX vs. SCHG - Drawdown Comparison
The maximum JDIEX drawdown since its inception was -17.63%, smaller than the maximum SCHG drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for JDIEX and SCHG. For additional features, visit the drawdowns tool.
Volatility
JDIEX vs. SCHG - Volatility Comparison
The current volatility for Easterly Hedged Equity Fund (JDIEX) is 9.67%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 16.39%. This indicates that JDIEX experiences smaller price fluctuations and is considered to be less risky than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.