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SBAC vs. SCHD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


SBACSCHD
YTD Return-26.31%1.92%
1Y Return-27.56%9.90%
3Y Return (Ann)-13.76%4.60%
5Y Return (Ann)-0.95%11.33%
10Y Return (Ann)7.47%10.96%
Sharpe Ratio-0.930.86
Daily Std Dev29.61%11.57%
Max Drawdown-99.65%-33.37%
Current Drawdown-50.79%-4.51%

Correlation

-0.50.00.51.00.4

The correlation between SBAC and SCHD is 0.40, 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

SBAC vs. SCHD - Performance Comparison

In the year-to-date period, SBAC achieves a -26.31% return, which is significantly lower than SCHD's 1.92% return. Over the past 10 years, SBAC has underperformed SCHD with an annualized return of 7.47%, while SCHD has yielded a comparatively higher 10.96% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


300.00%400.00%500.00%600.00%December2024FebruaryMarchApril
414.52%
352.14%
SBAC
SCHD

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SBA Communications Corporation

Schwab US Dividend Equity ETF

Risk-Adjusted Performance

SBAC vs. SCHD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SBA Communications Corporation (SBAC) 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.


SBAC
Sharpe ratio
The chart of Sharpe ratio for SBAC, currently valued at -0.93, compared to the broader market-2.00-1.000.001.002.003.00-0.93
Sortino ratio
The chart of Sortino ratio for SBAC, currently valued at -1.21, compared to the broader market-4.00-2.000.002.004.006.00-1.21
Omega ratio
The chart of Omega ratio for SBAC, currently valued at 0.85, compared to the broader market0.501.001.500.85
Calmar ratio
The chart of Calmar ratio for SBAC, currently valued at -0.54, compared to the broader market0.002.004.006.00-0.54
Martin ratio
The chart of Martin ratio for SBAC, currently valued at -1.80, compared to the broader market-10.000.0010.0020.0030.00-1.80
SCHD
Sharpe ratio
The chart of Sharpe ratio for SCHD, currently valued at 0.86, compared to the broader market-2.00-1.000.001.002.003.000.86
Sortino ratio
The chart of Sortino ratio for SCHD, currently valued at 1.30, compared to the broader market-4.00-2.000.002.004.006.001.30
Omega ratio
The chart of Omega ratio for SCHD, currently valued at 1.15, compared to the broader market0.501.001.501.15
Calmar ratio
The chart of Calmar ratio for SCHD, currently valued at 0.76, compared to the broader market0.002.004.006.000.76
Martin ratio
The chart of Martin ratio for SCHD, currently valued at 2.86, compared to the broader market-10.000.0010.0020.0030.002.86

SBAC vs. SCHD - Sharpe Ratio Comparison

The current SBAC Sharpe Ratio is -0.93, which is lower than the SCHD Sharpe Ratio of 0.86. The chart below compares the 12-month rolling Sharpe Ratio of SBAC and SCHD.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.50December2024FebruaryMarchApril
-0.93
0.86
SBAC
SCHD

Dividends

SBAC vs. SCHD - Dividend Comparison

SBAC's dividend yield for the trailing twelve months is around 1.90%, less than SCHD's 3.47% yield.


TTM20232022202120202019201820172016201520142013
SBAC
SBA Communications Corporation
1.90%1.34%1.01%0.60%0.66%0.31%0.00%0.00%0.00%0.00%0.00%0.00%
SCHD
Schwab US Dividend Equity ETF
3.47%3.49%3.39%2.78%3.16%2.98%3.06%2.63%2.89%2.97%2.63%2.47%

Drawdowns

SBAC vs. SCHD - Drawdown Comparison

The maximum SBAC drawdown since its inception was -99.65%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for SBAC and SCHD. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%December2024FebruaryMarchApril
-50.79%
-4.51%
SBAC
SCHD

Volatility

SBAC vs. SCHD - Volatility Comparison

SBA Communications Corporation (SBAC) has a higher volatility of 11.67% compared to Schwab US Dividend Equity ETF (SCHD) at 3.54%. This indicates that SBAC'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.


2.00%4.00%6.00%8.00%10.00%12.00%December2024FebruaryMarchApril
11.67%
3.54%
SBAC
SCHD