PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
RDNT vs. SCHG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


RDNTSCHG
YTD Return93.01%22.17%
1Y Return138.83%34.88%
3Y Return (Ann)32.97%9.95%
5Y Return (Ann)35.10%19.68%
10Y Return (Ann)25.03%15.99%
Sharpe Ratio3.412.00
Daily Std Dev40.97%17.31%
Max Drawdown-99.21%-34.59%
Current Drawdown-1.00%-4.31%

Correlation

-0.50.00.51.00.4

The correlation between RDNT and SCHG is 0.35, 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

RDNT vs. SCHG - Performance Comparison

In the year-to-date period, RDNT achieves a 93.01% return, which is significantly higher than SCHG's 22.17% return. Over the past 10 years, RDNT has outperformed SCHG with an annualized return of 25.03%, while SCHG has yielded a comparatively lower 15.99% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%40.00%AprilMayJuneJulyAugustSeptember
42.27%
8.70%
RDNT
SCHG

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

RDNT vs. SCHG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for RadNet, Inc. (RDNT) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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.


RDNT
Sharpe ratio
The chart of Sharpe ratio for RDNT, currently valued at 3.41, compared to the broader market-4.00-2.000.002.003.41
Sortino ratio
The chart of Sortino ratio for RDNT, currently valued at 4.38, compared to the broader market-6.00-4.00-2.000.002.004.004.38
Omega ratio
The chart of Omega ratio for RDNT, currently valued at 1.52, compared to the broader market0.501.001.502.001.52
Calmar ratio
The chart of Calmar ratio for RDNT, currently valued at 4.18, compared to the broader market0.001.002.003.004.005.004.18
Martin ratio
The chart of Martin ratio for RDNT, currently valued at 31.49, compared to the broader market-10.00-5.000.005.0010.0015.0020.0031.49
SCHG
Sharpe ratio
The chart of Sharpe ratio for SCHG, currently valued at 2.00, compared to the broader market-4.00-2.000.002.002.00
Sortino ratio
The chart of Sortino ratio for SCHG, currently valued at 2.63, compared to the broader market-6.00-4.00-2.000.002.004.002.63
Omega ratio
The chart of Omega ratio for SCHG, currently valued at 1.35, compared to the broader market0.501.001.502.001.35
Calmar ratio
The chart of Calmar ratio for SCHG, currently valued at 2.29, compared to the broader market0.001.002.003.004.005.002.29
Martin ratio
The chart of Martin ratio for SCHG, currently valued at 10.46, compared to the broader market-10.00-5.000.005.0010.0015.0020.0010.46

RDNT vs. SCHG - Sharpe Ratio Comparison

The current RDNT Sharpe Ratio is 3.41, which is higher than the SCHG Sharpe Ratio of 2.00. The chart below compares the 12-month rolling Sharpe Ratio of RDNT and SCHG.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50AprilMayJuneJulyAugustSeptember
3.41
2.00
RDNT
SCHG

Dividends

RDNT vs. SCHG - Dividend Comparison

RDNT has not paid dividends to shareholders, while SCHG's dividend yield for the trailing twelve months is around 0.41%.


TTM20232022202120202019201820172016201520142013
RDNT
RadNet, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SCHG
Schwab U.S. Large-Cap Growth ETF
0.33%0.46%0.55%0.42%0.52%0.82%1.27%1.01%1.27%1.22%1.09%1.07%

Drawdowns

RDNT vs. SCHG - Drawdown Comparison

The maximum RDNT drawdown since its inception was -99.21%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for RDNT and SCHG. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%AprilMayJuneJulyAugustSeptember
-1.00%
-4.31%
RDNT
SCHG

Volatility

RDNT vs. SCHG - Volatility Comparison

RadNet, Inc. (RDNT) has a higher volatility of 12.75% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 5.46%. This indicates that RDNT's price experiences larger fluctuations and is considered to be riskier than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%AprilMayJuneJulyAugustSeptember
12.75%
5.46%
RDNT
SCHG