MBXIX vs. SCHD
Compare and contrast key facts about Catalyst/Millburn Hedge Strategy Fund Class I (MBXIX) and Schwab US Dividend Equity ETF (SCHD).
MBXIX is managed by Catalyst Mutual Funds. It was launched on Dec 31, 1996. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MBXIX or SCHD.
Key characteristics
| MBXIX | SCHD | |
|---|---|---|
| YTD Return | 13.85% | 18.08% |
| 1Y Return | 7.90% | 30.78% |
| 3Y Return (Ann) | 4.92% | 7.17% |
| 5Y Return (Ann) | 7.03% | 13.03% |
| Sharpe Ratio | 0.85 | 2.85 |
| Sortino Ratio | 1.23 | 4.10 |
| Omega Ratio | 1.16 | 1.51 |
| Calmar Ratio | 0.94 | 3.16 |
| Martin Ratio | 2.62 | 15.75 |
| Ulcer Index | 3.55% | 2.04% |
| Daily Std Dev | 10.87% | 11.24% |
| Max Drawdown | -31.73% | -33.37% |
| Current Drawdown | -1.87% | 0.00% |
Correlation
The correlation between MBXIX and SCHD is 0.53, 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
MBXIX vs. SCHD - Performance Comparison
In the year-to-date period, MBXIX achieves a 13.85% return, which is significantly lower than SCHD's 18.08% 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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MBXIX vs. SCHD - Expense Ratio Comparison
MBXIX has a 2.04% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
MBXIX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Catalyst/Millburn Hedge Strategy Fund Class I (MBXIX) 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.
Dividends
MBXIX vs. SCHD - Dividend Comparison
MBXIX's dividend yield for the trailing twelve months is around 1.61%, less than SCHD's 3.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MBXIX Catalyst/Millburn Hedge Strategy Fund Class I | 1.61% | 1.84% | 4.16% | 0.00% | 4.27% | 5.18% | 1.77% | 0.00% | 1.32% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.35% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
MBXIX vs. SCHD - Drawdown Comparison
The maximum MBXIX drawdown since its inception was -31.73%, roughly equal to the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for MBXIX and SCHD. For additional features, visit the drawdowns tool.
Volatility
MBXIX vs. SCHD - Volatility Comparison
The current volatility for Catalyst/Millburn Hedge Strategy Fund Class I (MBXIX) is 2.73%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.41%. This indicates that MBXIX experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.