RPBAX vs. SCHD
Compare and contrast key facts about T. Rowe Price Balanced Fund (RPBAX) and Schwab US Dividend Equity ETF (SCHD).
RPBAX is managed by T. Rowe Price. It was launched on Dec 29, 1939. 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: RPBAX or SCHD.
Correlation
The correlation between RPBAX and SCHD is 0.85, 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
RPBAX vs. SCHD - Performance Comparison
Key characteristics
RPBAX:
0.73
SCHD:
0.18
RPBAX:
1.09
SCHD:
0.35
RPBAX:
1.15
SCHD:
1.05
RPBAX:
0.81
SCHD:
0.18
RPBAX:
3.72
SCHD:
0.64
RPBAX:
2.27%
SCHD:
4.44%
RPBAX:
11.62%
SCHD:
15.99%
RPBAX:
-40.32%
SCHD:
-33.37%
RPBAX:
-3.57%
SCHD:
-11.47%
Returns By Period
In the year-to-date period, RPBAX achieves a 0.53% return, which is significantly higher than SCHD's -5.19% return. Over the past 10 years, RPBAX has underperformed SCHD with an annualized return of 6.49%, while SCHD has yielded a comparatively higher 10.28% annualized return.
RPBAX
0.53%
-1.34%
-0.36%
8.92%
9.46%
6.49%
SCHD
-5.19%
-7.66%
-7.13%
3.11%
13.15%
10.28%
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RPBAX vs. SCHD - Expense Ratio Comparison
RPBAX has a 0.57% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
RPBAX vs. SCHD — Risk-Adjusted Performance Rank
RPBAX
SCHD
RPBAX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Balanced Fund (RPBAX) 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
RPBAX vs. SCHD - Dividend Comparison
RPBAX's dividend yield for the trailing twelve months is around 7.25%, more than SCHD's 4.05% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RPBAX T. Rowe Price Balanced Fund | 7.25% | 7.28% | 3.80% | 5.03% | 9.33% | 4.59% | 3.41% | 8.42% | 2.14% | 3.37% | 7.32% | 7.43% |
SCHD Schwab US Dividend Equity ETF | 4.05% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% |
Drawdowns
RPBAX vs. SCHD - Drawdown Comparison
The maximum RPBAX drawdown since its inception was -40.32%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for RPBAX and SCHD. For additional features, visit the drawdowns tool.
Volatility
RPBAX vs. SCHD - Volatility Comparison
The current volatility for T. Rowe Price Balanced Fund (RPBAX) is 8.21%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 11.20%. This indicates that RPBAX 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.