SPYV vs. SCHD
Compare and contrast key facts about SPDR Portfolio S&P 500 Value ETF (SPYV) and Schwab US Dividend Equity ETF (SCHD).
SPYV and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPYV is a passively managed fund by State Street that tracks the performance of the S&P 500 Value. It was launched on Sep 25, 2000. 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 SPYV 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: SPYV or SCHD.
Performance
SPYV vs. SCHD - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with SPYV having a 16.96% return and SCHD slightly lower at 16.26%. Over the past 10 years, SPYV has underperformed SCHD with an annualized return of 10.42%, while SCHD has yielded a comparatively higher 11.40% annualized return.
SPYV
16.96%
0.56%
9.11%
25.22%
12.25%
10.42%
SCHD
16.26%
0.84%
10.89%
25.41%
12.67%
11.40%
Key characteristics
| SPYV | SCHD | |
|---|---|---|
| Sharpe Ratio | 2.50 | 2.27 |
| Sortino Ratio | 3.51 | 3.27 |
| Omega Ratio | 1.45 | 1.40 |
| Calmar Ratio | 4.56 | 3.34 |
| Martin Ratio | 14.64 | 12.25 |
| Ulcer Index | 1.70% | 2.05% |
| Daily Std Dev | 9.93% | 11.06% |
| Max Drawdown | -58.45% | -33.37% |
| Current Drawdown | -1.25% | -1.54% |
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SPYV vs. SCHD - Expense Ratio Comparison
SPYV has a 0.04% expense ratio, which is lower than SCHD's 0.06% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between SPYV and SCHD is 0.91, 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.
Risk-Adjusted Performance
SPYV vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio S&P 500 Value ETF (SPYV) 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
SPYV vs. SCHD - Dividend Comparison
SPYV's dividend yield for the trailing twelve months is around 1.96%, less than SCHD's 3.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPYV SPDR Portfolio S&P 500 Value ETF | 1.96% | 1.75% | 2.23% | 2.10% | 2.38% | 2.25% | 2.97% | 2.77% | 2.39% | 2.53% | 2.19% | 1.96% |
SCHD Schwab US Dividend Equity ETF | 3.40% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
SPYV vs. SCHD - Drawdown Comparison
The maximum SPYV drawdown since its inception was -58.45%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for SPYV and SCHD. For additional features, visit the drawdowns tool.
Volatility
SPYV vs. SCHD - Volatility Comparison
SPDR Portfolio S&P 500 Value ETF (SPYV) and Schwab US Dividend Equity ETF (SCHD) have volatilities of 3.35% and 3.39%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.