SCHD vs. RWL
Compare and contrast key facts about Schwab US Dividend Equity ETF (SCHD) and Invesco S&P 500 Revenue ETF (RWL).
SCHD and RWL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. 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. Both SCHD and RWL 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: SCHD or RWL.
Key characteristics
| SCHD | RWL | |
|---|---|---|
| YTD Return | 17.07% | 20.83% |
| 1Y Return | 29.98% | 31.45% |
| 3Y Return (Ann) | 6.85% | 10.84% |
| 5Y Return (Ann) | 12.79% | 14.40% |
| 10Y Return (Ann) | 11.62% | 11.83% |
| Sharpe Ratio | 2.64 | 3.05 |
| Sortino Ratio | 3.81 | 4.24 |
| Omega Ratio | 1.47 | 1.57 |
| Calmar Ratio | 2.92 | 5.16 |
| Martin Ratio | 14.57 | 18.88 |
| Ulcer Index | 2.04% | 1.67% |
| Daily Std Dev | 11.26% | 10.30% |
| Max Drawdown | -33.37% | -54.83% |
| Current Drawdown | -0.86% | -0.69% |
Correlation
The correlation between SCHD and RWL 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
SCHD vs. RWL - Performance Comparison
In the year-to-date period, SCHD achieves a 17.07% return, which is significantly lower than RWL's 20.83% return. Both investments have delivered pretty close results over the past 10 years, with SCHD having a 11.62% annualized return and RWL not far ahead at 11.83%. 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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SCHD vs. RWL - Expense Ratio Comparison
SCHD has a 0.06% expense ratio, which is lower than RWL's 0.39% expense ratio.
Risk-Adjusted Performance
SCHD vs. RWL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab US Dividend Equity ETF (SCHD) and Invesco S&P 500 Revenue ETF (RWL). 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
SCHD vs. RWL - Dividend Comparison
SCHD's dividend yield for the trailing twelve months is around 3.38%, more than RWL's 1.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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% |
Drawdowns
SCHD vs. RWL - Drawdown Comparison
The maximum SCHD drawdown since its inception was -33.37%, smaller than the maximum RWL drawdown of -54.83%. Use the drawdown chart below to compare losses from any high point for SCHD and RWL. For additional features, visit the drawdowns tool.
Volatility
SCHD vs. RWL - Volatility Comparison
The current volatility for Schwab US Dividend Equity ETF (SCHD) is 3.51%, while Invesco S&P 500 Revenue ETF (RWL) has a volatility of 3.95%. This indicates that SCHD experiences smaller price fluctuations and is considered to be less risky than RWL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.