PFLT vs. SCHD
Compare and contrast key facts about PennantPark Floating Rate Capital Ltd. (PFLT) 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: PFLT or SCHD.
Correlation
The correlation between PFLT and SCHD is 0.36, 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.
Performance
PFLT vs. SCHD - Performance Comparison
Key characteristics
PFLT:
0.41
SCHD:
1.38
PFLT:
0.61
SCHD:
2.01
PFLT:
1.08
SCHD:
1.24
PFLT:
0.48
SCHD:
1.98
PFLT:
1.32
SCHD:
5.61
PFLT:
4.13%
SCHD:
2.81%
PFLT:
13.20%
SCHD:
11.38%
PFLT:
-69.77%
SCHD:
-33.37%
PFLT:
-3.40%
SCHD:
-4.33%
Returns By Period
In the year-to-date period, PFLT achieves a 3.15% return, which is significantly higher than SCHD's 2.45% return. Over the past 10 years, PFLT has underperformed SCHD with an annualized return of 8.16%, while SCHD has yielded a comparatively higher 11.31% annualized return.
PFLT
3.15%
5.57%
3.67%
5.72%
9.29%
8.16%
SCHD
2.45%
2.57%
5.34%
13.71%
11.12%
11.31%
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Risk-Adjusted Performance
PFLT vs. SCHD — Risk-Adjusted Performance Rank
PFLT
SCHD
PFLT vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PennantPark Floating Rate Capital Ltd. (PFLT) 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
PFLT vs. SCHD - Dividend Comparison
PFLT's dividend yield for the trailing twelve months is around 11.01%, more than SCHD's 3.55% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFLT PennantPark Floating Rate Capital Ltd. | 11.01% | 11.25% | 9.98% | 10.38% | 8.93% | 10.83% | 9.36% | 9.85% | 8.31% | 8.08% | 10.04% | 7.87% |
SCHD Schwab US Dividend Equity ETF | 3.55% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.07% | 2.63% | 2.89% | 2.97% | 2.62% |
Drawdowns
PFLT vs. SCHD - Drawdown Comparison
The maximum PFLT drawdown since its inception was -69.77%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for PFLT and SCHD. For additional features, visit the drawdowns tool.
Volatility
PFLT vs. SCHD - Volatility Comparison
The current volatility for PennantPark Floating Rate Capital Ltd. (PFLT) is 3.00%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 4.15%. This indicates that PFLT 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.