SMLV vs. SCHG
Compare and contrast key facts about SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) and Schwab U.S. Large-Cap Growth ETF (SCHG).
SMLV and SCHG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SMLV is a passively managed fund by State Street that tracks the performance of the SSGA US Small Cap Low Volatility Index. It was launched on Feb 20, 2013. SCHG is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Growth Total Stock Market Total Return Index. It was launched on Dec 11, 2009. Both SMLV and SCHG 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: SMLV or SCHG.
Key characteristics
| SMLV | SCHG | |
|---|---|---|
| YTD Return | 15.39% | 25.06% |
| 1Y Return | 30.08% | 40.18% |
| 3Y Return (Ann) | 7.86% | 11.54% |
| 5Y Return (Ann) | 8.76% | 20.22% |
| 10Y Return (Ann) | 9.56% | 16.38% |
| Sharpe Ratio | 1.54 | 2.18 |
| Daily Std Dev | 19.17% | 17.45% |
| Max Drawdown | -42.45% | -34.59% |
| Current Drawdown | 0.00% | -2.04% |
Correlation
The correlation between SMLV and SCHG is 0.60, 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
SMLV vs. SCHG - Performance Comparison
In the year-to-date period, SMLV achieves a 15.39% return, which is significantly lower than SCHG's 25.06% return. Over the past 10 years, SMLV has underperformed SCHG with an annualized return of 9.56%, while SCHG has yielded a comparatively higher 16.38% 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.
SMLV vs. SCHG - Expense Ratio Comparison
SMLV has a 0.12% expense ratio, which is higher than SCHG's 0.04% 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
SMLV vs. SCHG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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
SMLV vs. SCHG - Dividend Comparison
SMLV's dividend yield for the trailing twelve months is around 1.81%, more than SCHG's 0.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF | 1.81% | 2.68% | 2.40% | 2.12% | 2.47% | 2.62% | 3.15% | 7.92% | 3.04% | 2.63% | 2.76% | 3.68% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.32% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.27% | 1.22% | 1.09% | 1.07% |
Drawdowns
SMLV vs. SCHG - Drawdown Comparison
The maximum SMLV drawdown since its inception was -42.45%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for SMLV and SCHG. For additional features, visit the drawdowns tool.
Volatility
SMLV vs. SCHG - Volatility Comparison
The current volatility for SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV) is 5.19%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 5.96%. This indicates that SMLV experiences smaller price fluctuations and is considered to be less risky than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.