NKLA vs. SCHD
Compare and contrast key facts about Nikola Corporation (NKLA) and Schwab US Dividend Equity ETF (SCHD).
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: NKLA or SCHD.
Performance
NKLA vs. SCHD - Performance Comparison
Returns By Period
In the year-to-date period, NKLA achieves a -92.30% return, which is significantly lower than SCHD's 16.58% return.
NKLA
-92.30%
-47.12%
-87.22%
-93.53%
-63.52%
N/A
SCHD
16.58%
-0.07%
10.53%
26.04%
12.78%
11.44%
Key characteristics
| NKLA | SCHD | |
|---|---|---|
| Sharpe Ratio | -0.91 | 2.41 |
| Sortino Ratio | -2.68 | 3.46 |
| Omega Ratio | 0.69 | 1.42 |
| Calmar Ratio | -0.93 | 3.46 |
| Martin Ratio | -1.61 | 13.08 |
| Ulcer Index | 57.93% | 2.04% |
| Daily Std Dev | 102.62% | 11.08% |
| Max Drawdown | -99.92% | -33.37% |
| Current Drawdown | -99.92% | -1.27% |
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Correlation
The correlation between NKLA and SCHD is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Risk-Adjusted Performance
NKLA vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nikola Corporation (NKLA) 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
NKLA vs. SCHD - Dividend Comparison
NKLA has not paid dividends to shareholders, while SCHD's dividend yield for the trailing twelve months is around 3.39%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NKLA Nikola Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.39% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
NKLA vs. SCHD - Drawdown Comparison
The maximum NKLA drawdown since its inception was -99.92%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for NKLA and SCHD. For additional features, visit the drawdowns tool.
Volatility
NKLA vs. SCHD - Volatility Comparison
Nikola Corporation (NKLA) has a higher volatility of 45.07% compared to Schwab US Dividend Equity ETF (SCHD) at 3.60%. This indicates that NKLA's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.