PDT vs. SCHD
Compare and contrast key facts about John Hancock Premium Dividend Fund (PDT) and Schwab US Dividend Equity ETF (SCHD).
PDT is managed by John Hancock. It was launched on Dec 14, 1989. 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: PDT or SCHD.
Key characteristics
| PDT | SCHD | |
|---|---|---|
| YTD Return | 30.14% | 17.07% |
| 1Y Return | 41.22% | 29.98% |
| 3Y Return (Ann) | -1.50% | 6.85% |
| 5Y Return (Ann) | 2.92% | 12.79% |
| 10Y Return (Ann) | 7.93% | 11.62% |
| Sharpe Ratio | 2.70 | 2.64 |
| Sortino Ratio | 3.61 | 3.81 |
| Omega Ratio | 1.46 | 1.47 |
| Calmar Ratio | 1.17 | 2.92 |
| Martin Ratio | 16.29 | 14.57 |
| Ulcer Index | 2.37% | 2.04% |
| Daily Std Dev | 14.32% | 11.26% |
| Max Drawdown | -62.39% | -33.37% |
| Current Drawdown | -5.57% | -0.86% |
Correlation
The correlation between PDT and SCHD is 0.41, 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
PDT vs. SCHD - Performance Comparison
In the year-to-date period, PDT achieves a 30.14% return, which is significantly higher than SCHD's 17.07% return. Over the past 10 years, PDT has underperformed SCHD with an annualized return of 7.93%, while SCHD has yielded a comparatively higher 11.62% 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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PDT vs. SCHD - Expense Ratio Comparison
PDT has a 5.06% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
PDT vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for John Hancock Premium Dividend Fund (PDT) 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
PDT vs. SCHD - Dividend Comparison
PDT's dividend yield for the trailing twelve months is around 7.75%, more than SCHD's 3.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDT John Hancock Premium Dividend Fund | 7.75% | 10.20% | 9.09% | 6.45% | 8.47% | 6.73% | 8.73% | 9.98% | 9.17% | 7.88% | 7.32% | 10.78% |
SCHD Schwab US Dividend Equity ETF | 3.38% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
PDT vs. SCHD - Drawdown Comparison
The maximum PDT drawdown since its inception was -62.39%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for PDT and SCHD. For additional features, visit the drawdowns tool.
Volatility
PDT vs. SCHD - Volatility Comparison
John Hancock Premium Dividend Fund (PDT) has a higher volatility of 4.55% compared to Schwab US Dividend Equity ETF (SCHD) at 3.51%. This indicates that PDT'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.