MDISX vs. SCHB
Compare and contrast key facts about Franklin Mutual Global Discovery Fund (MDISX) and Schwab U.S. Broad Market ETF (SCHB).
MDISX is managed by Franklin Templeton. It was launched on Dec 30, 1992. SCHB is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Broad Stock Market Total Return Index. It was launched on Nov 3, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MDISX or SCHB.
Key characteristics
| MDISX | SCHB | |
|---|---|---|
| YTD Return | 8.31% | 24.30% |
| 1Y Return | 21.35% | 43.35% |
| 3Y Return (Ann) | 7.36% | 10.22% |
| 5Y Return (Ann) | 8.74% | 16.83% |
| 10Y Return (Ann) | 7.23% | 15.18% |
| Sharpe Ratio | 1.96 | 3.28 |
| Sortino Ratio | 2.73 | 4.32 |
| Omega Ratio | 1.34 | 1.60 |
| Calmar Ratio | 2.38 | 3.27 |
| Martin Ratio | 11.34 | 21.49 |
| Ulcer Index | 1.80% | 1.94% |
| Daily Std Dev | 10.39% | 12.64% |
| Max Drawdown | -40.15% | -35.27% |
| Current Drawdown | -1.73% | -0.27% |
Correlation
The correlation between MDISX and SCHB is 0.85, 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
MDISX vs. SCHB - Performance Comparison
In the year-to-date period, MDISX achieves a 8.31% return, which is significantly lower than SCHB's 24.30% return. Over the past 10 years, MDISX has underperformed SCHB with an annualized return of 7.23%, while SCHB has yielded a comparatively higher 15.18% 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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MDISX vs. SCHB - Expense Ratio Comparison
MDISX has a 0.95% expense ratio, which is higher than SCHB's 0.03% expense ratio.
Risk-Adjusted Performance
MDISX vs. SCHB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Mutual Global Discovery Fund (MDISX) and Schwab U.S. Broad Market ETF (SCHB). 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
MDISX vs. SCHB - Dividend Comparison
MDISX's dividend yield for the trailing twelve months is around 7.34%, more than SCHB's 1.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDISX Franklin Mutual Global Discovery Fund | 7.34% | 7.12% | 10.29% | 8.75% | 3.50% | 7.21% | 7.50% | 5.42% | 6.33% | 9.53% | 8.98% | 6.56% |
SCHB Schwab U.S. Broad Market ETF | 1.81% | 2.75% | 2.56% | 1.71% | 3.44% | 3.00% | 3.51% | 2.47% | 6.93% | 4.99% | 2.61% | 3.26% |
Drawdowns
MDISX vs. SCHB - Drawdown Comparison
The maximum MDISX drawdown since its inception was -40.15%, which is greater than SCHB's maximum drawdown of -35.27%. Use the drawdown chart below to compare losses from any high point for MDISX and SCHB. For additional features, visit the drawdowns tool.
Volatility
MDISX vs. SCHB - Volatility Comparison
Franklin Mutual Global Discovery Fund (MDISX) has a higher volatility of 3.03% compared to Schwab U.S. Broad Market ETF (SCHB) at 2.57%. This indicates that MDISX's price experiences larger fluctuations and is considered to be riskier than SCHB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.