NYVTX vs. SCHD
Compare and contrast key facts about Davis New York Venture Fund (NYVTX) and Schwab US Dividend Equity ETF (SCHD).
NYVTX is managed by Davis Funds. It was launched on Feb 17, 1969. 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: NYVTX or SCHD.
Key characteristics
| NYVTX | SCHD | |
|---|---|---|
| YTD Return | 16.07% | 13.02% |
| 1Y Return | 30.71% | 21.69% |
| 3Y Return (Ann) | 8.07% | 8.16% |
| 5Y Return (Ann) | 10.98% | 12.91% |
| 10Y Return (Ann) | 9.96% | 11.59% |
| Sharpe Ratio | 1.97 | 1.68 |
| Daily Std Dev | 14.41% | 11.83% |
| Max Drawdown | -58.56% | -33.37% |
| Current Drawdown | -1.14% | -0.46% |
Correlation
The correlation between NYVTX and SCHD is 0.81, 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
NYVTX vs. SCHD - Performance Comparison
In the year-to-date period, NYVTX achieves a 16.07% return, which is significantly higher than SCHD's 13.02% return. Over the past 10 years, NYVTX has underperformed SCHD with an annualized return of 9.96%, while SCHD has yielded a comparatively higher 11.59% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NYVTX vs. SCHD - Expense Ratio Comparison
NYVTX has a 0.89% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
NYVTX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Davis New York Venture Fund (NYVTX) 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
NYVTX vs. SCHD - Dividend Comparison
NYVTX's dividend yield for the trailing twelve months is around 12.42%, more than SCHD's 2.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NYVTX Davis New York Venture Fund | 12.42% | 7.92% | 7.48% | 21.93% | 5.88% | 7.54% | 24.08% | 8.32% | 12.85% | 22.97% | 19.61% | 11.70% |
SCHD Schwab US Dividend Equity ETF | 2.58% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
NYVTX vs. SCHD - Drawdown Comparison
The maximum NYVTX drawdown since its inception was -58.56%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for NYVTX and SCHD. For additional features, visit the drawdowns tool.
Volatility
NYVTX vs. SCHD - Volatility Comparison
Davis New York Venture Fund (NYVTX) has a higher volatility of 4.65% compared to Schwab US Dividend Equity ETF (SCHD) at 3.20%. This indicates that NYVTX'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.