SPDV vs. SCHD
Compare and contrast key facts about AAM S&P 500 High Dividend Value ETF (SPDV) and Schwab US Dividend Equity ETF (SCHD).
SPDV and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPDV is a passively managed fund by Advisors Asset Management that tracks the performance of the S&P 500 Dividend and Free Cash Flow Yield Index. It was launched on Nov 28, 2017. 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 SPDV 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: SPDV or SCHD.
Key characteristics
| SPDV | SCHD | |
|---|---|---|
| YTD Return | 19.73% | 18.08% |
| 1Y Return | 35.54% | 30.78% |
| 3Y Return (Ann) | 7.80% | 7.17% |
| 5Y Return (Ann) | 8.83% | 13.03% |
| Sharpe Ratio | 2.72 | 2.85 |
| Sortino Ratio | 3.91 | 4.10 |
| Omega Ratio | 1.49 | 1.51 |
| Calmar Ratio | 2.37 | 3.16 |
| Martin Ratio | 14.19 | 15.75 |
| Ulcer Index | 2.57% | 2.04% |
| Daily Std Dev | 13.44% | 11.24% |
| Max Drawdown | -43.81% | -33.37% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between SPDV and SCHD is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SPDV vs. SCHD - Performance Comparison
In the year-to-date period, SPDV achieves a 19.73% return, which is significantly higher than SCHD's 18.08% 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.
SPDV vs. SCHD - Expense Ratio Comparison
SPDV has a 0.29% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
SPDV vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AAM S&P 500 High Dividend Value ETF (SPDV) 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
SPDV vs. SCHD - Dividend Comparison
SPDV's dividend yield for the trailing twelve months is around 3.37%, which matches SCHD's 3.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPDV AAM S&P 500 High Dividend Value ETF | 3.37% | 3.95% | 3.73% | 3.08% | 3.90% | 3.54% | 3.64% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.35% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
SPDV vs. SCHD - Drawdown Comparison
The maximum SPDV drawdown since its inception was -43.81%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for SPDV and SCHD. For additional features, visit the drawdowns tool.
Volatility
SPDV vs. SCHD - Volatility Comparison
AAM S&P 500 High Dividend Value ETF (SPDV) has a higher volatility of 3.59% compared to Schwab US Dividend Equity ETF (SCHD) at 3.41%. This indicates that SPDV'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.