SWDSX vs. VHYAX
SWDSX (Schwab Dividend Equity Fund™) and VHYAX (Vanguard High Dividend Yield Index Fund Admiral Shares) are both Large Cap Value Equities funds. SWDSX is actively managed, while VHYAX is passively managed. Over the past 5 years, SWDSX returned 9.63%/yr vs 12.16%/yr for VHYAX. Their 0.96 correlation means they have historically moved very closely together. SWDSX charges 0.89%/yr vs 0.08%/yr for VHYAX.
Performance
SWDSX vs. VHYAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SWDSX achieves a 11.28% return, which is significantly lower than VHYAX's 14.17% return.
SWDSX
- 1D
- -0.20%
- 1M
- 1.59%
- 6M
- 6.81%
- YTD
- 11.28%
- 1Y
- 17.46%
- 3Y*
- 14.51%
- 5Y*
- 9.63%
- 10Y*
- 9.35%
- ALL TIME*
- 8.65%
VHYAX
- 1D
- 0.18%
- 1M
- 1.48%
- 6M
- 9.25%
- YTD
- 14.17%
- 1Y
- 24.78%
- 3Y*
- 16.81%
- 5Y*
- 12.16%
- 10Y*
- —
- ALL TIME*
- 12.69%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
SWDSX vs. VHYAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SWDSX Schwab Dividend Equity Fund™ | 11.28% | 12.31% | 17.06% | 6.92% | -5.84% | 28.24% | -4.33% | 13.03% |
VHYAX Vanguard High Dividend Yield Index Fund Admiral Shares | 14.17% | 15.39% | 17.39% | 6.68% | -0.45% | 26.08% | 1.06% | 16.67% |
Correlation
The correlation between SWDSX and VHYAX is 0.90, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.90 |
Correlation (3Y) Balances recent behavior with more history. | 0.93 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.96 |
Correlation (All Time) Calculated using the full available price history since Feb 7, 2019 | 0.96 |
The correlation between SWDSX and VHYAX has been stable across timeframes, ranging from 0.90 to 0.96 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SWDSX vs. VHYAX — Risk / Return Rank
SWDSX
VHYAX
SWDSX vs. VHYAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Dividend Equity Fund™ (SWDSX) and Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SWDSX | VHYAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.48 | ||
| Sortino ratioReturn per unit of downside risk | -0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.39 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.59 | 3.31 | -0.72 |
| Martin ratioReturn relative to average drawdown | 8.82 | 12.56 | -3.74 |
Loading charts...
Drawdowns
SWDSX vs. VHYAX - Drawdown Comparison
The maximum SWDSX drawdown since its inception was -50.01%, which is greater than VHYAX's maximum drawdown of -35.14%. Use the drawdown chart below to compare losses from any high point for SWDSX and VHYAX.
Loading charts...
Drawdown Indicators
| SWDSX | VHYAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.01% | -35.14% | -14.87% |
Max Drawdown (1Y)Largest decline over 1 year | -6.16% | -6.75% | +0.59% |
Max Drawdown (3Y)Largest decline over 3 years | -11.67% | -14.42% | +2.75% |
Max Drawdown (5Y)Largest decline over 5 years | -17.94% | -15.87% | -2.07% |
Max Drawdown (10Y)Largest decline over 10 years | -40.20% | — | — |
Current DrawdownCurrent decline from peak | -1.05% | -1.13% | +0.08% |
Average DrawdownAverage peak-to-trough decline | -6.74% | -3.71% | -3.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 1.79% | +0.02% |
Volatility
SWDSX vs. VHYAX - Volatility Comparison
Schwab Dividend Equity Fund™ (SWDSX) has a higher volatility of 3.04% compared to Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) at 2.45%. This indicates that SWDSX's price experiences larger fluctuations and is considered to be riskier than VHYAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SWDSX | VHYAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.04% | 2.45% | +0.59% |
Volatility (6M)Calculated over the trailing 6-month period | 6.63% | 7.48% | -0.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.52% | 10.37% | -0.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.08% | 13.91% | -0.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.80% | 17.82% | -1.02% |
SWDSX vs. VHYAX - Expense Ratio Comparison
SWDSX has a 0.89% expense ratio, which is higher than VHYAX's 0.08% expense ratio.
Dividends
SWDSX vs. VHYAX - Dividend Comparison
SWDSX's dividend yield for the trailing twelve months is around 1.10%, less than VHYAX's 2.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWDSX Schwab Dividend Equity Fund™ | 1.10% | 1.22% | 2.59% | 2.25% | 6.83% | 16.25% | 2.09% | 6.86% | 11.63% | 10.24% | 1.68% | 14.46% |
VHYAX Vanguard High Dividend Yield Index Fund Admiral Shares | 2.22% | 2.42% | 2.72% | 3.09% | 2.98% | 2.74% | 3.16% | 3.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SWDSX and VHYAX have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SWDSX has higher volatility (3.04%) compared to VHYAX (2.45%). In terms of maximum drawdown, SWDSX dropped -50.01% vs VHYAX's -35.14%.
VHYAX currently has the higher Sharpe Ratio (2.16 vs 1.68), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for SWDSX and VHYAX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer