SWMCX vs. SCHD
Compare and contrast key facts about Schwab U.S. Mid-Cap Index Fund (SWMCX) and Schwab US Dividend Equity ETF (SCHD).
SWMCX is managed by Charles Schwab. It was launched on Dec 20, 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWMCX or SCHD.
Performance
SWMCX vs. SCHD - Performance Comparison
Returns By Period
In the year-to-date period, SWMCX achieves a 19.30% return, which is significantly higher than SCHD's 15.97% return.
SWMCX
19.30%
1.86%
11.08%
30.56%
11.50%
N/A
SCHD
15.97%
-0.59%
10.25%
24.77%
12.66%
11.38%
Key characteristics
| SWMCX | SCHD | |
|---|---|---|
| Sharpe Ratio | 2.35 | 2.29 |
| Sortino Ratio | 3.25 | 3.31 |
| Omega Ratio | 1.40 | 1.40 |
| Calmar Ratio | 2.26 | 3.38 |
| Martin Ratio | 13.40 | 12.42 |
| Ulcer Index | 2.33% | 2.04% |
| Daily Std Dev | 13.26% | 11.07% |
| Max Drawdown | -40.34% | -33.37% |
| Current Drawdown | -1.83% | -1.78% |
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SWMCX vs. SCHD - Expense Ratio Comparison
SWMCX 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 SWMCX and SCHD is 0.85, 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
SWMCX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab U.S. Mid-Cap Index Fund (SWMCX) 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
SWMCX vs. SCHD - Dividend Comparison
SWMCX's dividend yield for the trailing twelve months is around 1.25%, less than SCHD's 3.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWMCX Schwab U.S. Mid-Cap Index Fund | 1.25% | 1.49% | 1.50% | 1.00% | 1.45% | 1.40% | 1.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.41% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
SWMCX vs. SCHD - Drawdown Comparison
The maximum SWMCX drawdown since its inception was -40.34%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for SWMCX and SCHD. For additional features, visit the drawdowns tool.
Volatility
SWMCX vs. SCHD - Volatility Comparison
Schwab U.S. Mid-Cap Index Fund (SWMCX) has a higher volatility of 4.12% compared to Schwab US Dividend Equity ETF (SCHD) at 3.42%. This indicates that SWMCX'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.