SKYY vs. SCHD
Compare and contrast key facts about First Trust ISE Cloud Computing Index Fund (SKYY) and Schwab US Dividend Equity ETF (SCHD).
SKYY and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SKYY is a passively managed fund by First Trust that tracks the performance of the ISE Cloud Computing Index. It was launched on Jul 5, 2011. 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 SKYY 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: SKYY or SCHD.
Key characteristics
| SKYY | SCHD | |
|---|---|---|
| YTD Return | 4.65% | 3.21% |
| 1Y Return | 49.94% | 15.78% |
| 3Y Return (Ann) | -1.66% | 4.47% |
| 5Y Return (Ann) | 8.92% | 11.41% |
| 10Y Return (Ann) | 14.16% | 11.17% |
| Sharpe Ratio | 2.34 | 1.29 |
| Daily Std Dev | 21.90% | 11.38% |
| Max Drawdown | -53.20% | -33.37% |
| Current Drawdown | -22.64% | -3.30% |
Correlation
The correlation between SKYY and SCHD is 0.61, 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
SKYY vs. SCHD - Performance Comparison
In the year-to-date period, SKYY achieves a 4.65% return, which is significantly higher than SCHD's 3.21% return. Over the past 10 years, SKYY has outperformed SCHD with an annualized return of 14.16%, while SCHD has yielded a comparatively lower 11.17% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SKYY vs. SCHD - Expense Ratio Comparison
SKYY has a 0.60% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
SKYY vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust ISE Cloud Computing Index Fund (SKYY) 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
SKYY vs. SCHD - Dividend Comparison
SKYY has not paid dividends to shareholders, while SCHD's dividend yield for the trailing twelve months is around 3.43%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SKYY First Trust ISE Cloud Computing Index Fund | 0.00% | 0.00% | 0.23% | 0.78% | 0.17% | 0.54% | 0.94% | 0.27% | 0.35% | 0.40% | 0.16% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.43% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
SKYY vs. SCHD - Drawdown Comparison
The maximum SKYY drawdown since its inception was -53.20%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for SKYY and SCHD. For additional features, visit the drawdowns tool.
Volatility
SKYY vs. SCHD - Volatility Comparison
First Trust ISE Cloud Computing Index Fund (SKYY) has a higher volatility of 6.38% compared to Schwab US Dividend Equity ETF (SCHD) at 3.61%. This indicates that SKYY'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.