PBAMX vs. SCHD
Compare and contrast key facts about Putnam Retirement Advantage 2040 Fund (PBAMX) and Schwab US Dividend Equity ETF (SCHD).
PBAMX is managed by Putnam. It was launched on Dec 30, 2019. 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: PBAMX or SCHD.
Correlation
The correlation between PBAMX and SCHD is 0.76, 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
PBAMX vs. SCHD - Performance Comparison
Key characteristics
PBAMX:
1.75
SCHD:
1.23
PBAMX:
2.38
SCHD:
1.82
PBAMX:
1.33
SCHD:
1.21
PBAMX:
1.12
SCHD:
1.76
PBAMX:
8.71
SCHD:
4.54
PBAMX:
1.91%
SCHD:
3.09%
PBAMX:
9.53%
SCHD:
11.39%
PBAMX:
-30.93%
SCHD:
-33.37%
PBAMX:
-1.33%
SCHD:
-4.33%
Returns By Period
In the year-to-date period, PBAMX achieves a 4.06% return, which is significantly higher than SCHD's 2.45% return.
PBAMX
4.06%
2.45%
4.84%
16.42%
5.17%
N/A
SCHD
2.45%
0.00%
4.00%
13.13%
11.35%
11.10%
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PBAMX vs. SCHD - Expense Ratio Comparison
PBAMX has a 0.45% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
PBAMX vs. SCHD — Risk-Adjusted Performance Rank
PBAMX
SCHD
PBAMX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Retirement Advantage 2040 Fund (PBAMX) 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
PBAMX vs. SCHD - Dividend Comparison
PBAMX's dividend yield for the trailing twelve months is around 5.39%, more than SCHD's 3.55% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBAMX Putnam Retirement Advantage 2040 Fund | 5.39% | 5.60% | 2.68% | 1.55% | 6.24% | 0.91% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.55% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% |
Drawdowns
PBAMX vs. SCHD - Drawdown Comparison
The maximum PBAMX drawdown since its inception was -30.93%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for PBAMX and SCHD. For additional features, visit the drawdowns tool.
Volatility
PBAMX vs. SCHD - Volatility Comparison
The current volatility for Putnam Retirement Advantage 2040 Fund (PBAMX) is 2.30%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.31%. This indicates that PBAMX experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.