SCHD vs. VOO
Compare and contrast key facts about Schwab US Dividend Equity ETF (SCHD) and Vanguard S&P 500 ETF (VOO).
SCHD and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both SCHD and VOO 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 VOO.
Key characteristics
| SCHD | VOO | |
|---|---|---|
| YTD Return | -0.57% | 21.50% |
| 1Y Return | -4.12% | 14.52% |
| 3Y Return (Ann) | 8.33% | 9.54% |
| 5Y Return (Ann) | 10.96% | 12.67% |
| 10Y Return (Ann) | 10.76% | 11.94% |
| Sharpe Ratio | -0.30 | 1.06 |
| Daily Std Dev | 13.09% | 13.77% |
| Max Drawdown | -33.37% | -33.99% |
Correlation
The correlation between SCHD and VOO is 0.88, 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.
SCHD vs. VOO - Performance Comparison
In the year-to-date period, SCHD achieves a -0.57% return, which is significantly lower than VOO's 21.50% return. Over the past 10 years, SCHD has underperformed VOO with an annualized return of 10.76%, while VOO has yielded a comparatively higher 11.94% annualized 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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SCHD vs. VOO - Dividend Comparison
SCHD's dividend yield for the trailing twelve months is around 3.58%, more than VOO's 1.48% yield.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHD Schwab US Dividend Equity ETF | 3.58% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% | 2.86% |
VOO Vanguard S&P 500 ETF | 1.48% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% | 2.18% |
SCHD vs. VOO - Expense Ratio Comparison
SCHD vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab US Dividend Equity ETF (SCHD) and Vanguard S&P 500 ETF (VOO). 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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
SCHD Schwab US Dividend Equity ETF | -0.30 | ||||
VOO Vanguard S&P 500 ETF | 1.06 |
SCHD vs. VOO - Drawdown Comparison
The maximum SCHD drawdown for the period was -13.22%, roughly equal to the maximum VOO drawdown of -11.62%. The drawdown chart below compares losses from any high point along the way for SCHD and VOO
SCHD vs. VOO - Volatility Comparison
Schwab US Dividend Equity ETF (SCHD) has a higher volatility of 3.51% compared to Vanguard S&P 500 ETF (VOO) at 2.78%. This indicates that SCHD's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.