SMI vs. SCHD
Compare and contrast key facts about VanEck HIP Sustainable Muni ETF (SMI) and Schwab US Dividend Equity ETF (SCHD).
SMI and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SMI is an actively managed fund by VanEck. It was launched on Sep 8, 2021. 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: SMI or SCHD.
Correlation
The correlation between SMI and SCHD is 0.12, 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
SMI vs. SCHD - Performance Comparison
Key characteristics
SMI:
0.69
SCHD:
1.19
SMI:
0.98
SCHD:
1.76
SMI:
1.12
SCHD:
1.21
SMI:
0.51
SCHD:
1.70
SMI:
2.75
SCHD:
4.36
SMI:
1.04%
SCHD:
3.10%
SMI:
4.08%
SCHD:
11.38%
SMI:
-12.80%
SCHD:
-33.37%
SMI:
-2.15%
SCHD:
-3.68%
Returns By Period
In the year-to-date period, SMI achieves a 0.45% return, which is significantly lower than SCHD's 3.15% return.
SMI
0.45%
0.84%
0.17%
2.24%
N/A
N/A
SCHD
3.15%
0.68%
4.27%
13.92%
11.66%
11.18%
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SMI vs. SCHD - Expense Ratio Comparison
SMI has a 0.24% expense ratio, which is higher than SCHD's 0.06% expense ratio. However, 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
SMI vs. SCHD — Risk-Adjusted Performance Rank
SMI
SCHD
SMI vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck HIP Sustainable Muni ETF (SMI) 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
SMI vs. SCHD - Dividend Comparison
SMI's dividend yield for the trailing twelve months is around 2.63%, less than SCHD's 3.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMI VanEck HIP Sustainable Muni ETF | 2.63% | 2.60% | 2.11% | 1.17% | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.53% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% |
Drawdowns
SMI vs. SCHD - Drawdown Comparison
The maximum SMI drawdown since its inception was -12.80%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for SMI and SCHD. For additional features, visit the drawdowns tool.
Volatility
SMI vs. SCHD - Volatility Comparison
The current volatility for VanEck HIP Sustainable Muni ETF (SMI) is 1.26%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.33%. This indicates that SMI 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.