SDGIX vs. SCHD
Compare and contrast key facts about BNY Mellon Global Fixed Income Fund (SDGIX) and Schwab US Dividend Equity ETF (SCHD).
SDGIX is managed by Dreyfus. It was launched on Dec 30, 1993. 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SDGIX or SCHD.
Key characteristics
| SDGIX | SCHD | |
|---|---|---|
| YTD Return | 5.91% | 13.02% |
| 1Y Return | 12.67% | 21.69% |
| 3Y Return (Ann) | 0.73% | 8.16% |
| 5Y Return (Ann) | 1.94% | 12.91% |
| 10Y Return (Ann) | 2.59% | 11.59% |
| Sharpe Ratio | 2.86 | 1.68 |
| Daily Std Dev | 4.29% | 11.83% |
| Max Drawdown | -14.53% | -33.37% |
| Current Drawdown | -0.38% | -0.46% |
Correlation
The correlation between SDGIX and SCHD is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SDGIX vs. SCHD - Performance Comparison
In the year-to-date period, SDGIX achieves a 5.91% return, which is significantly lower than SCHD's 13.02% return. Over the past 10 years, SDGIX has underperformed SCHD with an annualized return of 2.59%, while SCHD has yielded a comparatively higher 11.59% 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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SDGIX vs. SCHD - Expense Ratio Comparison
SDGIX has a 0.53% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
SDGIX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Global Fixed Income Fund (SDGIX) 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
SDGIX vs. SCHD - Dividend Comparison
SDGIX's dividend yield for the trailing twelve months is around 2.20%, less than SCHD's 2.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SDGIX BNY Mellon Global Fixed Income Fund | 2.20% | 1.82% | 4.51% | 5.64% | 2.45% | 0.49% | 4.02% | 2.75% | 2.41% | 2.83% | 5.11% | 3.32% |
SCHD Schwab US Dividend Equity ETF | 2.58% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
SDGIX vs. SCHD - Drawdown Comparison
The maximum SDGIX drawdown since its inception was -14.53%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for SDGIX and SCHD. For additional features, visit the drawdowns tool.
Volatility
SDGIX vs. SCHD - Volatility Comparison
The current volatility for BNY Mellon Global Fixed Income Fund (SDGIX) is 0.81%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.20%. This indicates that SDGIX experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.