RIET vs. SCHD
Compare and contrast key facts about Hoya Capital High Dividend Yield ETF (RIET) and Schwab US Dividend Equity ETF (SCHD).
RIET and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RIET is a passively managed fund by Pettee Investors that tracks the performance of the Hoya Capital High Dividend Yield Index. It was launched on Sep 21, 2021. 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. Both RIET and SCHD 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: RIET or SCHD.
Key characteristics
| RIET | SCHD | |
|---|---|---|
| YTD Return | 6.10% | 17.07% |
| 1Y Return | 27.08% | 29.98% |
| 3Y Return (Ann) | -3.43% | 6.85% |
| Sharpe Ratio | 1.41 | 2.64 |
| Sortino Ratio | 2.06 | 3.81 |
| Omega Ratio | 1.26 | 1.47 |
| Calmar Ratio | 0.86 | 2.92 |
| Martin Ratio | 4.89 | 14.57 |
| Ulcer Index | 5.33% | 2.04% |
| Daily Std Dev | 18.44% | 11.26% |
| Max Drawdown | -34.55% | -33.37% |
| Current Drawdown | -11.66% | -0.86% |
Correlation
The correlation between RIET and SCHD 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.
Performance
RIET vs. SCHD - Performance Comparison
In the year-to-date period, RIET achieves a 6.10% return, which is significantly lower than SCHD's 17.07% 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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RIET vs. SCHD - Expense Ratio Comparison
RIET has a 0.50% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
RIET vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Hoya Capital High Dividend Yield ETF (RIET) 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
RIET vs. SCHD - Dividend Comparison
RIET's dividend yield for the trailing twelve months is around 10.49%, more than SCHD's 3.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RIET Hoya Capital High Dividend Yield ETF | 10.49% | 9.38% | 9.38% | 2.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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
RIET vs. SCHD - Drawdown Comparison
The maximum RIET drawdown since its inception was -34.55%, roughly equal to the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for RIET and SCHD. For additional features, visit the drawdowns tool.
Volatility
RIET vs. SCHD - Volatility Comparison
Hoya Capital High Dividend Yield ETF (RIET) has a higher volatility of 4.66% compared to Schwab US Dividend Equity ETF (SCHD) at 3.51%. This indicates that RIET'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.