SPVM vs. SCHD
Compare and contrast key facts about Invesco S&P 500 Value with Momentum ETF (SPVM) and Schwab US Dividend Equity ETF (SCHD).
SPVM and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPVM is a passively managed fund by Invesco that tracks the performance of the S&P 500 High Momentum Value Index. It was launched on Jun 16, 2011. 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 SPVM 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: SPVM or SCHD.
Correlation
The correlation between SPVM and SCHD is 0.80, 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
SPVM vs. SCHD - Performance Comparison
Key characteristics
SPVM:
1.27
SCHD:
1.23
SPVM:
1.91
SCHD:
1.82
SPVM:
1.23
SCHD:
1.21
SPVM:
1.75
SCHD:
1.76
SPVM:
4.52
SCHD:
4.51
SPVM:
3.74%
SCHD:
3.11%
SPVM:
13.30%
SCHD:
11.39%
SPVM:
-45.36%
SCHD:
-33.37%
SPVM:
-6.19%
SCHD:
-3.58%
Returns By Period
In the year-to-date period, SPVM achieves a 2.28% return, which is significantly lower than SCHD's 3.26% return. Over the past 10 years, SPVM has underperformed SCHD with an annualized return of 9.30%, while SCHD has yielded a comparatively higher 11.15% annualized return.
SPVM
2.28%
-0.91%
3.44%
15.15%
8.74%
9.30%
SCHD
3.26%
1.04%
3.19%
12.82%
11.66%
11.15%
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SPVM vs. SCHD - Expense Ratio Comparison
SPVM has a 0.39% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
SPVM vs. SCHD — Risk-Adjusted Performance Rank
SPVM
SCHD
SPVM vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Value with Momentum ETF (SPVM) 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
SPVM vs. SCHD - Dividend Comparison
SPVM's dividend yield for the trailing twelve months is around 1.87%, less than SCHD's 3.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPVM Invesco S&P 500 Value with Momentum ETF | 1.87% | 1.91% | 2.45% | 2.33% | 1.41% | 2.11% | 2.40% | 3.10% | 1.68% | 2.80% | 2.67% | 1.94% |
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
SPVM vs. SCHD - Drawdown Comparison
The maximum SPVM drawdown since its inception was -45.36%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for SPVM and SCHD. For additional features, visit the drawdowns tool.
Volatility
SPVM vs. SCHD - Volatility Comparison
The current volatility for Invesco S&P 500 Value with Momentum ETF (SPVM) is 2.87%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.10%. This indicates that SPVM 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.