SCDL vs. SCHD
Compare and contrast key facts about ETRACS 2x Leveraged U.S. Dividend Factor TR ETN (SCDL) and Schwab US Dividend Equity ETF (SCHD).
SCDL and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SCDL is a passively managed fund by UBS that tracks the performance of the Dow Jones U.S. Dividend 100 (200%). It was launched on Feb 4, 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 SCDL 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: SCDL or SCHD.
Key characteristics
| SCDL | SCHD | |
|---|---|---|
| YTD Return | 21.09% | 13.75% |
| 1Y Return | 53.97% | 29.24% |
| 3Y Return (Ann) | 4.97% | 6.56% |
| Sharpe Ratio | 2.61 | 2.71 |
| Sortino Ratio | 3.47 | 3.91 |
| Omega Ratio | 1.42 | 1.48 |
| Calmar Ratio | 1.75 | 2.52 |
| Martin Ratio | 12.94 | 15.22 |
| Ulcer Index | 4.48% | 2.02% |
| Daily Std Dev | 22.19% | 11.34% |
| Max Drawdown | -34.87% | -33.37% |
| Current Drawdown | -5.11% | -2.50% |
Correlation
The correlation between SCDL and SCHD is 0.99, 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
SCDL vs. SCHD - Performance Comparison
In the year-to-date period, SCDL achieves a 21.09% return, which is significantly higher than SCHD's 13.75% 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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SCDL vs. SCHD - Expense Ratio Comparison
SCDL has a 0.95% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
SCDL vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETRACS 2x Leveraged U.S. Dividend Factor TR ETN (SCDL) 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
SCDL vs. SCHD - Dividend Comparison
SCDL has not paid dividends to shareholders, while SCHD's dividend yield for the trailing twelve months is around 3.48%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCDL ETRACS 2x Leveraged U.S. Dividend Factor TR ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.48% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
SCDL vs. SCHD - Drawdown Comparison
The maximum SCDL drawdown since its inception was -34.87%, roughly equal to the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for SCDL and SCHD. For additional features, visit the drawdowns tool.
Volatility
SCDL vs. SCHD - Volatility Comparison
ETRACS 2x Leveraged U.S. Dividend Factor TR ETN (SCDL) has a higher volatility of 5.45% compared to Schwab US Dividend Equity ETF (SCHD) at 2.72%. This indicates that SCDL'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.