Correlation
The correlation between QSML and SCHA is 0.75, 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.
QSML vs. SCHA
Compare and contrast key facts about Wisdomtree U.S. Smallcap Quality Growth Fund (QSML) and Schwab U.S. Small-Cap ETF (SCHA).
QSML and SCHA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QSML is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree US SmallCap Quality Growth Index - Benchmark TR Gross. It was launched on Jan 23, 2024. SCHA is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Small-Cap Total Stock Market Total Return Index. It was launched on Nov 3, 2009. Both QSML and SCHA are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QSML or SCHA.
Performance
QSML vs. SCHA - Performance Comparison
Loading data...
Key characteristics
QSML:
-0.01
SCHA:
0.13
QSML:
0.16
SCHA:
0.34
QSML:
1.02
SCHA:
1.04
QSML:
-0.02
SCHA:
0.10
QSML:
-0.04
SCHA:
0.29
QSML:
10.28%
SCHA:
9.42%
QSML:
24.73%
SCHA:
24.12%
QSML:
-28.54%
SCHA:
-42.41%
QSML:
-14.67%
SCHA:
-13.97%
Returns By Period
In the year-to-date period, QSML achieves a -7.47% return, which is significantly lower than SCHA's -6.36% return.
QSML
-7.47%
4.86%
-14.32%
-1.12%
N/A
N/A
N/A
SCHA
-6.36%
2.72%
-13.60%
2.26%
6.12%
10.72%
7.36%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
QSML vs. SCHA - Expense Ratio Comparison
QSML has a 0.38% expense ratio, which is higher than SCHA's 0.04% expense ratio.
Risk-Adjusted Performance
QSML vs. SCHA — Risk-Adjusted Performance Rank
QSML
SCHA
QSML vs. SCHA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wisdomtree U.S. Smallcap Quality Growth Fund (QSML) and Schwab U.S. Small-Cap ETF (SCHA). 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.
Loading data...
Dividends
QSML vs. SCHA - Dividend Comparison
QSML's dividend yield for the trailing twelve months is around 0.35%, less than SCHA's 1.62% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QSML Wisdomtree U.S. Smallcap Quality Growth Fund | 0.35% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHA Schwab U.S. Small-Cap ETF | 1.62% | 1.51% | 1.42% | 1.37% | 1.19% | 1.05% | 1.39% | 1.62% | 1.24% | 1.50% | 1.48% | 1.45% |
Drawdowns
QSML vs. SCHA - Drawdown Comparison
The maximum QSML drawdown since its inception was -28.54%, smaller than the maximum SCHA drawdown of -42.41%. Use the drawdown chart below to compare losses from any high point for QSML and SCHA.
Loading data...
Volatility
QSML vs. SCHA - Volatility Comparison
Wisdomtree U.S. Smallcap Quality Growth Fund (QSML) and Schwab U.S. Small-Cap ETF (SCHA) have volatilities of 6.50% and 6.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...