SHDG vs. SCHD
Compare and contrast key facts about Soundwatch Hedged Equity ETF (SHDG) and Schwab US Dividend Equity ETF (SCHD).
SHDG and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SHDG is an actively managed fund by SoundWatch Capital. It was launched on Nov 30, 2016. 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: SHDG or SCHD.
Correlation
The correlation between SHDG and SCHD is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SHDG vs. SCHD - Performance Comparison
Key characteristics
SHDG:
2.02
SCHD:
1.20
SHDG:
2.75
SCHD:
1.77
SHDG:
1.38
SCHD:
1.21
SHDG:
3.06
SCHD:
1.72
SHDG:
12.52
SCHD:
4.44
SHDG:
1.59%
SCHD:
3.08%
SHDG:
9.82%
SCHD:
11.40%
SHDG:
-8.69%
SCHD:
-33.37%
SHDG:
-0.04%
SCHD:
-5.01%
Returns By Period
In the year-to-date period, SHDG achieves a 3.34% return, which is significantly higher than SCHD's 1.72% return.
SHDG
3.34%
2.20%
8.79%
18.40%
N/A
N/A
SCHD
1.72%
-0.11%
3.59%
11.95%
11.08%
11.01%
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SHDG vs. SCHD - Expense Ratio Comparison
SHDG has a 0.53% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
SHDG vs. SCHD — Risk-Adjusted Performance Rank
SHDG
SCHD
SHDG vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Soundwatch Hedged Equity ETF (SHDG) 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
SHDG vs. SCHD - Dividend Comparison
SHDG's dividend yield for the trailing twelve months is around 0.60%, less than SCHD's 3.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHDG Soundwatch Hedged Equity ETF | 0.60% | 0.62% | 1.24% | 0.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.58% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% |
Drawdowns
SHDG vs. SCHD - Drawdown Comparison
The maximum SHDG drawdown since its inception was -8.69%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for SHDG and SCHD. For additional features, visit the drawdowns tool.
Volatility
SHDG vs. SCHD - Volatility Comparison
The current volatility for Soundwatch Hedged Equity ETF (SHDG) is 2.26%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.23%. This indicates that SHDG 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.