SCHD vs. DGRO
Compare and contrast key facts about Schwab US Dividend Equity ETF (SCHD) and iShares Core Dividend Growth ETF (DGRO).
SCHD and DGRO 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. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014. Both SCHD and DGRO 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 DGRO.
Performance
SCHD vs. DGRO - Performance Comparison
Returns By Period
In the year-to-date period, SCHD achieves a 18.85% return, which is significantly lower than DGRO's 21.44% return. Both investments have delivered pretty close results over the past 10 years, with SCHD having a 11.69% annualized return and DGRO not far ahead at 11.90%.
SCHD
18.85%
3.78%
14.95%
27.79%
13.14%
11.69%
DGRO
21.44%
1.89%
12.82%
28.56%
12.16%
11.90%
Key characteristics
| SCHD | DGRO | |
|---|---|---|
| Sharpe Ratio | 2.49 | 2.97 |
| Sortino Ratio | 3.58 | 4.18 |
| Omega Ratio | 1.44 | 1.55 |
| Calmar Ratio | 3.79 | 5.86 |
| Martin Ratio | 13.58 | 19.56 |
| Ulcer Index | 2.05% | 1.46% |
| Daily Std Dev | 11.15% | 9.63% |
| Max Drawdown | -33.37% | -35.10% |
| Current Drawdown | 0.00% | 0.00% |
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SCHD vs. DGRO - Expense Ratio Comparison
SCHD has a 0.06% expense ratio, which is lower than DGRO's 0.08% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between SCHD and DGRO is 0.94, 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.
Risk-Adjusted Performance
SCHD vs. DGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab US Dividend Equity ETF (SCHD) and iShares Core Dividend Growth ETF (DGRO). 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. DGRO - Dividend Comparison
SCHD's dividend yield for the trailing twelve months is around 3.33%, more than DGRO's 2.14% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHD Schwab US Dividend Equity ETF | 3.33% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
DGRO iShares Core Dividend Growth ETF | 2.14% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% | 0.00% |
Drawdowns
SCHD vs. DGRO - Drawdown Comparison
The maximum SCHD drawdown since its inception was -33.37%, roughly equal to the maximum DGRO drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for SCHD and DGRO. For additional features, visit the drawdowns tool.
Volatility
SCHD vs. DGRO - Volatility Comparison
Schwab US Dividend Equity ETF (SCHD) has a higher volatility of 3.67% compared to iShares Core Dividend Growth ETF (DGRO) at 3.46%. This indicates that SCHD's price experiences larger fluctuations and is considered to be riskier than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.