SCHD vs. IBM
SCHD (Schwab U.S. Dividend Equity ETF) is Dividend fund tracking the Dow Jones U.S. Dividend 100 Index, while IBM (International Business Machines Corporation) is a stock. Over the past 10 years, SCHD returned 12.32%/yr vs 7.64%/yr for IBM. A 0.62 correlation means they provide meaningful diversification when combined.
Performance
SCHD vs. IBM - Performance Comparison
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Returns By Period
In the year-to-date period, SCHD achieves a 21.36% return, which is significantly higher than IBM's -27.15% return. Over the past 10 years, SCHD has outperformed IBM with an annualized return of 12.32%, while IBM has yielded a comparatively lower 7.64% annualized return.
SCHD
- 1D
- -0.49%
- 1M
- 3.61%
- 6M
- 15.19%
- YTD
- 21.36%
- 1Y
- 25.66%
- 3Y*
- 13.54%
- 5Y*
- 9.15%
- 10Y*
- 12.32%
- ALL TIME*
- 13.25%
IBM
- 1D
- 0.16%
- 1M
- -14.49%
- 6M
- -29.40%
- YTD
- -27.15%
- 1Y
- -23.58%
- 3Y*
- 19.09%
- 5Y*
- 13.91%
- 10Y*
- 7.64%
- ALL TIME*
- 7.00%
SCHD vs. IBM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCHD Schwab U.S. Dividend Equity ETF | 21.36% | 4.34% | 11.66% | 4.54% | -3.26% | 29.87% | 15.03% | 27.29% | -5.56% | 20.85% |
IBM International Business Machines Corporation | -27.15% | 38.23% | 39.27% | 21.85% | 10.64% | 16.65% | -1.16% | 23.58% | -22.56% | -3.99% |
Correlation
The correlation between SCHD and IBM is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2011 | 0.62 |
Over the past year, the correlation between SCHD and IBM has dropped to 0.22 - well below their long-term average of 0.62, suggesting their price drivers have been diverging.
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Return for Risk
SCHD vs. IBM — Risk / Return Rank
SCHD
IBM
SCHD vs. IBM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Dividend Equity ETF (SCHD) and International Business Machines Corporation (IBM). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SCHD | IBM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.83 | ||
| Sortino ratioReturn per unit of downside risk | +4.02 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 0.94 | +0.48 |
| Calmar ratioReturn relative to maximum drawdown | 5.59 | -0.66 | +6.25 |
| Martin ratioReturn relative to average drawdown | 13.64 | -1.53 | +15.18 |
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Drawdowns
SCHD vs. IBM - Drawdown Comparison
The maximum SCHD drawdown since its inception was -33.37%, smaller than the maximum IBM drawdown of -69.40%. Use the drawdown chart below to compare losses from any high point for SCHD and IBM.
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Drawdown Indicators
| SCHD | IBM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.37% | -69.40% | +36.03% |
Max Drawdown (1Y)Largest decline over 1 year | -4.61% | -35.85% | +31.24% |
Max Drawdown (3Y)Largest decline over 3 years | -16.13% | -35.85% | +19.72% |
Max Drawdown (5Y)Largest decline over 5 years | -16.85% | -35.85% | +19.00% |
Max Drawdown (10Y)Largest decline over 10 years | -33.37% | -40.59% | +7.22% |
Current DrawdownCurrent decline from peak | -0.88% | -35.30% | +34.42% |
Average DrawdownAverage peak-to-trough decline | -3.30% | -20.12% | +16.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.89% | 15.44% | -13.55% |
Volatility
SCHD vs. IBM - Volatility Comparison
The current volatility for Schwab U.S. Dividend Equity ETF (SCHD) is 3.63%, while International Business Machines Corporation (IBM) has a volatility of 32.02%. This indicates that SCHD experiences smaller price fluctuations and is considered to be less risky than IBM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCHD | IBM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.63% | 32.02% | -28.39% |
Volatility (6M)Calculated over the trailing 6-month period | 7.97% | 46.34% | -38.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.05% | 48.36% | -37.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.37% | 29.86% | -15.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.71% | 27.97% | -11.26% |
Dividends
SCHD vs. IBM - Dividend Comparison
SCHD's dividend yield for the trailing twelve months is around 3.20%, more than IBM's 3.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBM International Business Machines Corporation | 3.16% | 2.27% | 3.03% | 4.05% | 4.68% | 4.74% | 5.17% | 4.80% | 5.46% | 3.85% | 3.31% | 3.63% |
SCHD Schwab U.S. Dividend Equity ETF | 3.20% | 3.82% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% |
Frequently Asked Questions
SCHD and IBM have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBM has higher volatility (32.02%) compared to SCHD (3.63%). In terms of maximum drawdown, SCHD dropped -33.37% vs IBM's -69.40%.
SCHD currently has the higher Sharpe Ratio (2.34 vs -0.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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