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SPIP vs. SCHD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SPIP and SCHD is -0.08. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0-0.1

Performance

SPIP vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Portfolio TIPS ETF (SPIP) and Schwab US Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

0.00%100.00%200.00%300.00%400.00%JulyAugustSeptemberOctoberNovemberDecember
26.89%
394.81%
SPIP
SCHD

Key characteristics

Sharpe Ratio

SPIP:

0.32

SCHD:

1.20

Sortino Ratio

SPIP:

0.47

SCHD:

1.76

Omega Ratio

SPIP:

1.06

SCHD:

1.21

Calmar Ratio

SPIP:

0.14

SCHD:

1.69

Martin Ratio

SPIP:

1.18

SCHD:

5.86

Ulcer Index

SPIP:

1.42%

SCHD:

2.30%

Daily Std Dev

SPIP:

5.28%

SCHD:

11.25%

Max Drawdown

SPIP:

-15.38%

SCHD:

-33.37%

Current Drawdown

SPIP:

-8.63%

SCHD:

-6.72%

Returns By Period

In the year-to-date period, SPIP achieves a 2.39% return, which is significantly lower than SCHD's 11.54% return. Over the past 10 years, SPIP has underperformed SCHD with an annualized return of 2.12%, while SCHD has yielded a comparatively higher 10.86% annualized return.


SPIP

YTD

2.39%

1M

-0.71%

6M

0.67%

1Y

1.75%

5Y*

1.69%

10Y*

2.12%

SCHD

YTD

11.54%

1M

-4.06%

6M

7.86%

1Y

12.63%

5Y*

10.97%

10Y*

10.86%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SPIP vs. SCHD - Expense Ratio Comparison

SPIP has a 0.12% 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%.


SPIP
SPDR Portfolio TIPS ETF
Expense ratio chart for SPIP: current value at 0.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.12%
Expense ratio chart for SCHD: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

SPIP vs. SCHD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio TIPS ETF (SPIP) 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.


Sharpe ratio
The chart of Sharpe ratio for SPIP, currently valued at 0.32, compared to the broader market0.002.004.000.321.20
The chart of Sortino ratio for SPIP, currently valued at 0.47, compared to the broader market-2.000.002.004.006.008.0010.000.471.76
The chart of Omega ratio for SPIP, currently valued at 1.06, compared to the broader market0.501.001.502.002.503.001.061.21
The chart of Calmar ratio for SPIP, currently valued at 0.14, compared to the broader market0.005.0010.0015.000.141.69
The chart of Martin ratio for SPIP, currently valued at 1.18, compared to the broader market0.0020.0040.0060.0080.00100.001.185.86
SPIP
SCHD

The current SPIP Sharpe Ratio is 0.32, which is lower than the SCHD Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of SPIP 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.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.32
1.20
SPIP
SCHD

Dividends

SPIP vs. SCHD - Dividend Comparison

SPIP's dividend yield for the trailing twelve months is around 3.35%, less than SCHD's 3.64% yield.


TTM20232022202120202019201820172016201520142013
SPIP
SPDR Portfolio TIPS ETF
3.35%3.70%7.06%4.53%1.97%2.60%2.80%3.02%1.88%0.14%1.66%1.11%
SCHD
Schwab US Dividend Equity ETF
3.64%3.49%3.39%2.78%3.16%2.98%3.06%2.63%2.89%2.97%2.63%2.47%

Drawdowns

SPIP vs. SCHD - Drawdown Comparison

The maximum SPIP drawdown since its inception was -15.38%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for SPIP and SCHD. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.63%
-6.72%
SPIP
SCHD

Volatility

SPIP vs. SCHD - Volatility Comparison

The current volatility for SPDR Portfolio TIPS ETF (SPIP) is 1.44%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.88%. This indicates that SPIP 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.


1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
1.44%
3.88%
SPIP
SCHD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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