VDY.TO vs. SCHD
Compare and contrast key facts about Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO) and Schwab US Dividend Equity ETF (SCHD).
VDY.TO and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VDY.TO is a passively managed fund by Vanguard that tracks the performance of the FTSE Canada High Dividend Yield Index. It was launched on Nov 2, 2012. 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 VDY.TO 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: VDY.TO or SCHD.
Correlation
The correlation between VDY.TO and SCHD is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
VDY.TO vs. SCHD - Performance Comparison
Key characteristics
VDY.TO:
2.37
SCHD:
1.15
VDY.TO:
3.24
SCHD:
1.69
VDY.TO:
1.43
SCHD:
1.20
VDY.TO:
3.46
SCHD:
1.65
VDY.TO:
12.41
SCHD:
4.49
VDY.TO:
1.73%
SCHD:
2.93%
VDY.TO:
9.04%
SCHD:
11.46%
VDY.TO:
-39.21%
SCHD:
-33.37%
VDY.TO:
-2.99%
SCHD:
-5.25%
Returns By Period
In the year-to-date period, VDY.TO achieves a 0.18% return, which is significantly lower than SCHD's 1.46% return. Over the past 10 years, VDY.TO has underperformed SCHD with an annualized return of 9.12%, while SCHD has yielded a comparatively higher 11.18% annualized return.
VDY.TO
0.18%
-0.72%
12.44%
22.32%
11.21%
9.12%
SCHD
1.46%
1.02%
7.23%
12.01%
11.03%
11.18%
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VDY.TO vs. SCHD - Expense Ratio Comparison
VDY.TO has a 0.22% expense ratio, which is higher than SCHD's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
VDY.TO vs. SCHD — Risk-Adjusted Performance Rank
VDY.TO
SCHD
VDY.TO vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO) 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
VDY.TO vs. SCHD - Dividend Comparison
VDY.TO's dividend yield for the trailing twelve months is around 3.99%, more than SCHD's 3.59% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Vanguard FTSE Canadian High Dividend Yield Index ETF | 3.99% | 4.39% | 4.62% | 4.41% | 3.58% | 4.57% | 4.24% | 4.42% | 3.81% | 3.24% | 4.10% | 3.23% |
Schwab US Dividend Equity ETF | 3.59% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.07% | 2.63% | 2.89% | 2.97% | 2.62% |
Drawdowns
VDY.TO vs. SCHD - Drawdown Comparison
The maximum VDY.TO drawdown since its inception was -39.21%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for VDY.TO and SCHD. For additional features, visit the drawdowns tool.
Volatility
VDY.TO vs. SCHD - Volatility Comparison
The current volatility for Vanguard FTSE Canadian High Dividend Yield Index ETF (VDY.TO) is 2.94%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.44%. This indicates that VDY.TO experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.