SCHX vs. SCHD
Compare and contrast key facts about Schwab U.S. Large-Cap ETF (SCHX) and Schwab US Dividend Equity ETF (SCHD).
SCHX and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SCHX is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Total Stock Market Index. It was launched on Nov 3, 2009. 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 SCHX 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: SCHX or SCHD.
Key characteristics
| SCHX | SCHD | |
|---|---|---|
| YTD Return | 9.11% | 3.59% |
| 1Y Return | 27.89% | 14.88% |
| 3Y Return (Ann) | 7.92% | 3.84% |
| 5Y Return (Ann) | 14.24% | 12.18% |
| 10Y Return (Ann) | 12.66% | 11.10% |
| Sharpe Ratio | 2.38 | 1.27 |
| Daily Std Dev | 11.78% | 11.22% |
| Max Drawdown | -34.33% | -33.37% |
| Current Drawdown | -1.19% | -2.95% |
Correlation
The correlation between SCHX and SCHD is 0.87, 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
SCHX vs. SCHD - Performance Comparison
In the year-to-date period, SCHX achieves a 9.11% return, which is significantly higher than SCHD's 3.59% return. Over the past 10 years, SCHX has outperformed SCHD with an annualized return of 12.66%, while SCHD has yielded a comparatively lower 11.10% 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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SCHX vs. SCHD - Expense Ratio Comparison
SCHX has a 0.03% expense ratio, which is lower than SCHD's 0.06% 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%.
Risk-Adjusted Performance
SCHX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Large-Cap ETF (SCHX) 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
SCHX vs. SCHD - Dividend Comparison
SCHX's dividend yield for the trailing twelve months is around 1.31%, less than SCHD's 3.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHX Schwab U.S. Large-Cap ETF | 1.31% | 1.39% | 1.64% | 1.22% | 1.64% | 1.82% | 2.17% | 1.70% | 2.39% | 2.04% | 1.76% | 1.65% |
SCHD Schwab US Dividend Equity ETF | 3.42% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
SCHX vs. SCHD - Drawdown Comparison
The maximum SCHX drawdown since its inception was -34.33%, roughly equal to the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for SCHX and SCHD. For additional features, visit the drawdowns tool.
Volatility
SCHX vs. SCHD - Volatility Comparison
Schwab U.S. Large-Cap ETF (SCHX) has a higher volatility of 4.11% compared to Schwab US Dividend Equity ETF (SCHD) at 3.59%. This indicates that SCHX'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.