PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
NTAP vs. SCHG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NTAP and SCHG is 0.58, 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.


-0.50.00.51.00.6

Performance

NTAP vs. SCHG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NetApp, Inc. (NTAP) and Schwab U.S. Large-Cap Growth ETF (SCHG). The values are adjusted to include any dividend payments, if applicable.

400.00%500.00%600.00%700.00%800.00%900.00%1,000.00%JulyAugustSeptemberOctoberNovemberDecember
375.78%
923.84%
NTAP
SCHG

Key characteristics

Sharpe Ratio

NTAP:

1.12

SCHG:

2.22

Sortino Ratio

NTAP:

1.79

SCHG:

2.86

Omega Ratio

NTAP:

1.25

SCHG:

1.40

Calmar Ratio

NTAP:

1.39

SCHG:

3.13

Martin Ratio

NTAP:

5.63

SCHG:

12.34

Ulcer Index

NTAP:

6.35%

SCHG:

3.14%

Daily Std Dev

NTAP:

31.91%

SCHG:

17.45%

Max Drawdown

NTAP:

-96.21%

SCHG:

-34.59%

Current Drawdown

NTAP:

-11.64%

SCHG:

-2.75%

Returns By Period

The year-to-date returns for both investments are quite close, with NTAP having a 36.90% return and SCHG slightly higher at 37.04%. Over the past 10 years, NTAP has underperformed SCHG with an annualized return of 13.59%, while SCHG has yielded a comparatively higher 16.77% annualized return.


NTAP

YTD

36.90%

1M

-4.05%

6M

-6.43%

1Y

34.78%

5Y*

17.11%

10Y*

13.59%

SCHG

YTD

37.04%

1M

3.40%

6M

12.88%

1Y

37.14%

5Y*

20.24%

10Y*

16.77%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

NTAP vs. SCHG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NetApp, Inc. (NTAP) 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.


Sharpe ratio
The chart of Sharpe ratio for NTAP, currently valued at 1.12, compared to the broader market-4.00-2.000.002.001.122.22
The chart of Sortino ratio for NTAP, currently valued at 1.79, compared to the broader market-4.00-2.000.002.004.001.792.86
The chart of Omega ratio for NTAP, currently valued at 1.25, compared to the broader market0.501.001.502.001.251.40
The chart of Calmar ratio for NTAP, currently valued at 2.35, compared to the broader market0.002.004.006.002.353.13
The chart of Martin ratio for NTAP, currently valued at 5.63, compared to the broader market-5.000.005.0010.0015.0020.0025.005.6312.34
NTAP
SCHG

The current NTAP Sharpe Ratio is 1.12, which is lower than the SCHG Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of NTAP and SCHG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.12
2.22
NTAP
SCHG

Dividends

NTAP vs. SCHG - Dividend Comparison

NTAP's dividend yield for the trailing twelve months is around 1.72%, more than SCHG's 0.41% yield.


TTM20232022202120202019201820172016201520142013
NTAP
NetApp, Inc.
1.72%2.27%3.33%2.13%2.90%2.83%2.01%1.41%2.10%2.60%1.52%0.73%
SCHG
Schwab U.S. Large-Cap Growth ETF
0.41%0.46%0.55%0.42%0.52%0.82%1.27%1.01%1.04%1.22%1.09%1.07%

Drawdowns

NTAP vs. SCHG - Drawdown Comparison

The maximum NTAP drawdown since its inception was -96.21%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for NTAP and SCHG. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-11.64%
-2.75%
NTAP
SCHG

Volatility

NTAP vs. SCHG - Volatility Comparison

NetApp, Inc. (NTAP) has a higher volatility of 12.85% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 5.07%. This indicates that NTAP'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.


4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
12.85%
5.07%
NTAP
SCHG
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab