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RELY vs. SCHG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between RELY and SCHG is 0.44, 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

RELY vs. SCHG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Remitly Global, Inc. (RELY) and Schwab U.S. Large-Cap Growth ETF (SCHG). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

RELY:

1.52

SCHG:

0.74

Sortino Ratio

RELY:

2.47

SCHG:

1.21

Omega Ratio

RELY:

1.28

SCHG:

1.17

Calmar Ratio

RELY:

0.81

SCHG:

0.82

Martin Ratio

RELY:

4.91

SCHG:

2.74

Ulcer Index

RELY:

12.51%

SCHG:

7.03%

Daily Std Dev

RELY:

41.52%

SCHG:

25.25%

Max Drawdown

RELY:

-85.80%

SCHG:

-34.59%

Current Drawdown

RELY:

-52.26%

SCHG:

-5.09%

Returns By Period

In the year-to-date period, RELY achieves a 2.48% return, which is significantly higher than SCHG's -0.90% return.


RELY

YTD

2.48%

1M

13.44%

6M

14.22%

1Y

62.43%

5Y*

N/A

10Y*

N/A

SCHG

YTD

-0.90%

1M

12.52%

6M

-0.43%

1Y

18.49%

5Y*

19.64%

10Y*

15.88%

*Annualized

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Risk-Adjusted Performance

RELY vs. SCHG — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RELY
The Risk-Adjusted Performance Rank of RELY is 8787
Overall Rank
The Sharpe Ratio Rank of RELY is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of RELY is 9191
Sortino Ratio Rank
The Omega Ratio Rank of RELY is 8686
Omega Ratio Rank
The Calmar Ratio Rank of RELY is 8080
Calmar Ratio Rank
The Martin Ratio Rank of RELY is 8686
Martin Ratio Rank

SCHG
The Risk-Adjusted Performance Rank of SCHG is 7070
Overall Rank
The Sharpe Ratio Rank of SCHG is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of SCHG is 7171
Sortino Ratio Rank
The Omega Ratio Rank of SCHG is 7171
Omega Ratio Rank
The Calmar Ratio Rank of SCHG is 7474
Calmar Ratio Rank
The Martin Ratio Rank of SCHG is 6868
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

RELY vs. SCHG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Remitly Global, Inc. (RELY) 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.


The current RELY Sharpe Ratio is 1.52, which is higher than the SCHG Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of RELY and SCHG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

RELY vs. SCHG - Dividend Comparison

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


TTM20242023202220212020201920182017201620152014
RELY
Remitly Global, 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
0.41%0.39%0.46%0.55%0.42%0.52%0.82%1.27%1.01%1.04%1.22%1.09%

Drawdowns

RELY vs. SCHG - Drawdown Comparison

The maximum RELY drawdown since its inception was -85.80%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for RELY and SCHG. For additional features, visit the drawdowns tool.


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Volatility

RELY vs. SCHG - Volatility Comparison

Remitly Global, Inc. (RELY) has a higher volatility of 16.34% compared to Schwab U.S. Large-Cap Growth ETF (SCHG) at 7.83%. This indicates that RELY'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.


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