SO vs. SCHD

Last updated Apr 2, 2026

Compare and contrast key facts about The Southern Company (SO) and Schwab U.S. Dividend Equity ETF (SCHD).

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.

Performance

SO vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Southern Company (SO) and Schwab U.S. Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

SO vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SO The Southern Company	12.04%	9.47%	21.72%	2.21%	8.24%	16.34%	0.63%	51.65%	-3.75%	2.42%
SCHD Schwab U.S. Dividend Equity ETF	12.17%	4.34%	11.66%	4.54%	-3.26%	29.87%	15.03%	27.29%	-5.56%	20.85%

Returns By Period

The year-to-date returns for both investments are quite close, with SO having a 12.04% return and SCHD slightly higher at 12.17%. Over the past 10 years, SO has underperformed SCHD with an annualized return of 11.02%, while SCHD has yielded a comparatively higher 12.25% annualized return.

SO

• 1D: 0.44%
• 1M: -0.30%
• YTD: 12.04%
• 6M: 3.91%
• 1Y: 9.04%
• 3Y*: 15.73%
• 5Y*: 13.39%
• 10Y*: 11.02%

SCHD

• 1D: -0.55%
• 1M: -3.43%
• YTD: 12.17%
• 6M: 12.91%
• 1Y: 13.70%
• 3Y*: 11.84%
• 5Y*: 8.32%
• 10Y*: 12.25%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

SO vs. SCHD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SO

SO Risk / Return Rank: 54
SO Sharpe Ratio Rank: 60
SO Sortino Ratio Rank: 51
SO Omega Ratio Rank: 49
SO Calmar Ratio Rank: 55
SO Martin Ratio Rank: 56

SCHD

SCHD Risk / Return Rank: 43
SCHD Sharpe Ratio Rank: 46
SCHD Sortino Ratio Rank: 46
SCHD Omega Ratio Rank: 46
SCHD Calmar Ratio Rank: 39
SCHD Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SO vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Southern Company (SO) and Schwab U.S. 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.

	SO	SCHD	Difference
Sharpe ratio Return per unit of total volatility	0.55	0.88	-0.33
Sortino ratio Return per unit of downside risk	0.86	1.32	-0.46
Omega ratio Gain probability vs. loss probability	1.11	1.19	-0.08
Calmar ratio Return relative to maximum drawdown	0.59	1.05	-0.45
Martin ratio Return relative to average drawdown	1.45	3.55	-2.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SO vs. SCHD - Sharpe Ratio Comparison

The current SO Sharpe Ratio is 0.55, which is lower than the SCHD Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of SO and SCHD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SO	SCHD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.55	0.88	-0.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	0.58	+0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	0.74	-0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.84	-0.21

Correlation

The correlation between SO and SCHD is 0.38, 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.

Dividends

SO vs. SCHD - Dividend Comparison

SO's dividend yield for the trailing twelve months is around 3.05%, less than SCHD's 3.46% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SO The Southern Company	3.05%	3.37%	3.47%	3.96%	3.78%	3.82%	4.13%	3.86%	5.42%	4.78%	4.52%	4.60%
SCHD Schwab U.S. Dividend Equity ETF	3.46%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%

Drawdowns

SO vs. SCHD - Drawdown Comparison

The maximum SO drawdown since its inception was -38.43%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for SO and SCHD.

Drawdown Indicators

	SO	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-38.43%	-33.37%	-5.06%
Max Drawdown (1Y) Largest decline over 1 year	-14.99%	-12.74%	-2.25%
Max Drawdown (5Y) Largest decline over 5 years	-23.28%	-16.85%	-6.43%
Max Drawdown (10Y) Largest decline over 10 years	-38.43%	-33.37%	-5.06%
Current Drawdown Current decline from peak	-2.19%	-3.43%	+1.24%
Average Drawdown Average peak-to-trough decline	-6.88%	-3.34%	-3.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.14%	3.75%	+2.39%

Volatility

SO vs. SCHD - Volatility Comparison

The Southern Company (SO) has a higher volatility of 4.89% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 2.33%. This indicates that SO'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.

Volatility by Period

	SO	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.89%	2.33%	+2.56%
Volatility (6M) Calculated over the trailing 6-month period	12.15%	7.96%	+4.19%
Volatility (1Y) Calculated over the trailing 1-year period	16.66%	15.69%	+0.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.48%	14.40%	+4.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.90%	16.70%	+5.20%