VADAX vs. SCHD
Compare and contrast key facts about Invesco Equally-Weighted S&P 500 Fund Class A (VADAX) and Schwab US Dividend Equity ETF (SCHD).
VADAX is managed by Invesco. 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: VADAX or SCHD.
Correlation
The correlation between VADAX 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.
Performance
VADAX vs. SCHD - Performance Comparison
Key characteristics
VADAX:
1.32
SCHD:
1.20
VADAX:
1.86
SCHD:
1.76
VADAX:
1.23
SCHD:
1.21
VADAX:
2.13
SCHD:
1.69
VADAX:
6.94
SCHD:
5.86
VADAX:
2.21%
SCHD:
2.30%
VADAX:
11.59%
SCHD:
11.25%
VADAX:
-60.26%
SCHD:
-33.37%
VADAX:
-5.87%
SCHD:
-6.72%
Returns By Period
In the year-to-date period, VADAX achieves a 12.95% return, which is significantly higher than SCHD's 11.54% return. Over the past 10 years, VADAX has underperformed SCHD with an annualized return of 9.61%, while SCHD has yielded a comparatively higher 10.86% annualized return.
VADAX
12.95%
-4.12%
7.34%
13.53%
10.32%
9.61%
SCHD
11.54%
-4.06%
7.86%
12.63%
10.97%
10.86%
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VADAX vs. SCHD - Expense Ratio Comparison
VADAX has a 0.52% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
VADAX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Equally-Weighted S&P 500 Fund Class A (VADAX) 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
VADAX vs. SCHD - Dividend Comparison
VADAX's dividend yield for the trailing twelve months is around 8.73%, more than SCHD's 3.64% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VADAX Invesco Equally-Weighted S&P 500 Fund Class A | 8.73% | 4.69% | 8.49% | 9.80% | 6.21% | 4.49% | 6.90% | 2.76% | 1.33% | 2.77% | 2.37% | 3.56% |
SCHD Schwab US Dividend Equity ETF | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
VADAX vs. SCHD - Drawdown Comparison
The maximum VADAX drawdown since its inception was -60.26%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for VADAX and SCHD. For additional features, visit the drawdowns tool.
Volatility
VADAX vs. SCHD - Volatility Comparison
Invesco Equally-Weighted S&P 500 Fund Class A (VADAX) has a higher volatility of 4.10% compared to Schwab US Dividend Equity ETF (SCHD) at 3.88%. This indicates that VADAX'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.