TAIT vs. SCHX
Compare and contrast key facts about Taitron Components Incorporated (TAIT) and Schwab U.S. Large-Cap ETF (SCHX).
SCHX is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Total Stock Market Index. It was launched on Nov 3, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TAIT or SCHX.
Key characteristics
| TAIT | SCHX | |
|---|---|---|
| YTD Return | -9.19% | 9.00% |
| 1Y Return | -8.56% | 28.30% |
| 3Y Return (Ann) | -6.78% | 7.88% |
| 5Y Return (Ann) | -8.53% | 14.12% |
| 10Y Return (Ann) | 18.54% | 12.65% |
| Sharpe Ratio | -0.38 | 2.36 |
| Daily Std Dev | 23.78% | 11.78% |
| Max Drawdown | -94.73% | -34.33% |
| Current Drawdown | -51.17% | -1.29% |
Correlation
The correlation between TAIT and SCHX is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TAIT vs. SCHX - Performance Comparison
In the year-to-date period, TAIT achieves a -9.19% return, which is significantly lower than SCHX's 9.00% return. Over the past 10 years, TAIT has outperformed SCHX with an annualized return of 18.54%, while SCHX has yielded a comparatively lower 12.65% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
TAIT vs. SCHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Taitron Components Incorporated (TAIT) and Schwab U.S. Large-Cap ETF (SCHX). 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
TAIT vs. SCHX - Dividend Comparison
TAIT's dividend yield for the trailing twelve months is around 6.33%, more than SCHX's 1.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TAIT Taitron Components Incorporated | 6.33% | 5.67% | 5.28% | 3.99% | 4.36% | 4.30% | 5.92% | 5.81% | 6.10% | 0.00% | 0.00% | 0.00% |
SCHX Schwab U.S. Large-Cap ETF | 1.31% | 1.39% | 1.64% | 1.22% | 1.64% | 1.82% | 2.17% | 1.70% | 2.39% | 2.04% | 1.76% | 1.65% |
Drawdowns
TAIT vs. SCHX - Drawdown Comparison
The maximum TAIT drawdown since its inception was -94.73%, which is greater than SCHX's maximum drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for TAIT and SCHX. For additional features, visit the drawdowns tool.
Volatility
TAIT vs. SCHX - Volatility Comparison
The current volatility for Taitron Components Incorporated (TAIT) is 2.99%, while Schwab U.S. Large-Cap ETF (SCHX) has a volatility of 4.10%. This indicates that TAIT experiences smaller price fluctuations and is considered to be less risky than SCHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.