LSHAX vs. SCHG
Compare and contrast key facts about Kinetics Spin-Off and Corporate Restructuring Fund (LSHAX) and Schwab U.S. Large-Cap Growth ETF (SCHG).
LSHAX is managed by Kinetics. It was launched on May 4, 2007. 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: LSHAX or SCHG.
Key characteristics
| LSHAX | SCHG | |
|---|---|---|
| YTD Return | 52.88% | 22.17% |
| 1Y Return | 40.15% | 34.88% |
| 3Y Return (Ann) | 18.92% | 9.95% |
| 5Y Return (Ann) | 23.68% | 19.68% |
| 10Y Return (Ann) | 12.59% | 15.99% |
| Sharpe Ratio | 1.47 | 2.00 |
| Daily Std Dev | 27.57% | 17.31% |
| Max Drawdown | -68.98% | -34.59% |
| Current Drawdown | 0.00% | -4.31% |
Correlation
The correlation between LSHAX and SCHG is 0.60, 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
LSHAX vs. SCHG - Performance Comparison
In the year-to-date period, LSHAX achieves a 52.88% return, which is significantly higher than SCHG's 22.17% return. Over the past 10 years, LSHAX has underperformed SCHG with an annualized return of 12.59%, while SCHG has yielded a comparatively higher 15.99% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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LSHAX vs. SCHG - Expense Ratio Comparison
LSHAX has a 1.68% expense ratio, which is higher than SCHG's 0.04% expense ratio.
Risk-Adjusted Performance
LSHAX vs. SCHG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Kinetics Spin-Off and Corporate Restructuring Fund (LSHAX) 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
LSHAX vs. SCHG - Dividend Comparison
LSHAX's dividend yield for the trailing twelve months is around 6.06%, more than SCHG's 0.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LSHAX Kinetics Spin-Off and Corporate Restructuring Fund | 6.06% | 9.26% | 1.76% | 0.11% | 0.53% | 0.00% | 4.85% | 3.94% | 1.84% | 0.00% | 0.00% | 0.00% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.33% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.27% | 1.22% | 1.09% | 1.07% |
Drawdowns
LSHAX vs. SCHG - Drawdown Comparison
The maximum LSHAX drawdown since its inception was -68.98%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for LSHAX and SCHG. For additional features, visit the drawdowns tool.
Volatility
LSHAX vs. SCHG - Volatility Comparison
Kinetics Spin-Off and Corporate Restructuring Fund (LSHAX) has a higher volatility of 8.24% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 5.46%. This indicates that LSHAX's price experiences larger fluctuations and is considered to be riskier than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.