MLPA vs. SCHD
Compare and contrast key facts about Global X MLP ETF (MLPA) and Schwab US Dividend Equity ETF (SCHD).
MLPA and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MLPA is a passively managed fund by Global X that tracks the performance of the Solactive MLP Infrastructure Index. It was launched on Apr 18, 2012. 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 MLPA 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: MLPA or SCHD.
Key characteristics
| MLPA | SCHD | |
|---|---|---|
| YTD Return | 17.06% | 17.47% |
| 1Y Return | 16.77% | 27.61% |
| 3Y Return (Ann) | 17.55% | 6.96% |
| 5Y Return (Ann) | 10.81% | 12.74% |
| 10Y Return (Ann) | 1.04% | 11.66% |
| Sharpe Ratio | 1.45 | 2.70 |
| Sortino Ratio | 2.10 | 3.89 |
| Omega Ratio | 1.26 | 1.48 |
| Calmar Ratio | 1.81 | 3.71 |
| Martin Ratio | 7.41 | 14.94 |
| Ulcer Index | 2.43% | 2.04% |
| Daily Std Dev | 12.35% | 11.25% |
| Max Drawdown | -78.74% | -33.37% |
| Current Drawdown | -1.03% | -0.51% |
Correlation
The correlation between MLPA and SCHD is 0.49, 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
MLPA vs. SCHD - Performance Comparison
The year-to-date returns for both investments are quite close, with MLPA having a 17.06% return and SCHD slightly higher at 17.47%. Over the past 10 years, MLPA has underperformed SCHD with an annualized return of 1.04%, while SCHD has yielded a comparatively higher 11.66% 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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MLPA vs. SCHD - Expense Ratio Comparison
MLPA has a 0.46% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
MLPA vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X MLP ETF (MLPA) 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
MLPA vs. SCHD - Dividend Comparison
MLPA's dividend yield for the trailing twelve months is around 7.45%, more than SCHD's 3.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLPA Global X MLP ETF | 7.45% | 7.49% | 7.30% | 8.72% | 13.85% | 9.11% | 10.03% | 8.07% | 7.16% | 9.29% | 5.80% | 5.62% |
SCHD Schwab US Dividend Equity ETF | 3.37% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
MLPA vs. SCHD - Drawdown Comparison
The maximum MLPA drawdown since its inception was -78.74%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for MLPA and SCHD. For additional features, visit the drawdowns tool.
Volatility
MLPA vs. SCHD - Volatility Comparison
Global X MLP ETF (MLPA) and Schwab US Dividend Equity ETF (SCHD) have volatilities of 3.52% and 3.49%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.