RWL vs. SCHD
Compare and contrast key facts about Invesco S&P 500 Revenue ETF (RWL) and Schwab US Dividend Equity ETF (SCHD).
RWL and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RWL is a passively managed fund by Invesco that tracks the performance of the S&P 500 Revenue-Weighted Index. It was launched on Feb 22, 2008. 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 RWL 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: RWL or SCHD.
Key characteristics
| RWL | SCHD | |
|---|---|---|
| YTD Return | 20.83% | 17.07% |
| 1Y Return | 31.45% | 29.98% |
| 3Y Return (Ann) | 10.84% | 6.85% |
| 5Y Return (Ann) | 14.40% | 12.79% |
| 10Y Return (Ann) | 11.83% | 11.62% |
| Sharpe Ratio | 3.05 | 2.64 |
| Sortino Ratio | 4.24 | 3.81 |
| Omega Ratio | 1.57 | 1.47 |
| Calmar Ratio | 5.16 | 2.92 |
| Martin Ratio | 18.88 | 14.57 |
| Ulcer Index | 1.67% | 2.04% |
| Daily Std Dev | 10.30% | 11.26% |
| Max Drawdown | -54.83% | -33.37% |
| Current Drawdown | -0.69% | -0.86% |
Correlation
The correlation between RWL and SCHD is 0.92, 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
RWL vs. SCHD - Performance Comparison
In the year-to-date period, RWL achieves a 20.83% return, which is significantly higher than SCHD's 17.07% return. Both investments have delivered pretty close results over the past 10 years, with RWL having a 11.83% annualized return and SCHD not far behind at 11.62%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RWL vs. SCHD - Expense Ratio Comparison
RWL has a 0.39% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
RWL vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Revenue ETF (RWL) 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
RWL vs. SCHD - Dividend Comparison
RWL's dividend yield for the trailing twelve months is around 1.39%, less than SCHD's 3.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RWL Invesco S&P 500 Revenue ETF | 1.39% | 1.60% | 1.62% | 1.35% | 1.75% | 1.87% | 1.99% | 1.61% | 1.71% | 1.97% | 1.43% | 1.61% |
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
RWL vs. SCHD - Drawdown Comparison
The maximum RWL drawdown since its inception was -54.83%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for RWL and SCHD. For additional features, visit the drawdowns tool.
Volatility
RWL vs. SCHD - Volatility Comparison
Invesco S&P 500 Revenue ETF (RWL) has a higher volatility of 3.95% compared to Schwab US Dividend Equity ETF (SCHD) at 3.51%. This indicates that RWL'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.