VHYAX vs. SCHD
Compare and contrast key facts about Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) and Schwab US Dividend Equity ETF (SCHD).
VHYAX is managed by Vanguard. It was launched on Feb 7, 2019. 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: VHYAX or SCHD.
Performance
VHYAX vs. SCHD - Performance Comparison
Returns By Period
In the year-to-date period, VHYAX achieves a 21.17% return, which is significantly higher than SCHD's 17.35% return.
VHYAX
21.17%
1.78%
13.04%
29.24%
11.15%
N/A
SCHD
17.35%
2.29%
13.68%
26.18%
12.87%
11.54%
Key characteristics
| VHYAX | SCHD | |
|---|---|---|
| Sharpe Ratio | 2.80 | 2.40 |
| Sortino Ratio | 3.96 | 3.44 |
| Omega Ratio | 1.51 | 1.42 |
| Calmar Ratio | 5.71 | 3.63 |
| Martin Ratio | 17.94 | 12.99 |
| Ulcer Index | 1.66% | 2.05% |
| Daily Std Dev | 10.62% | 11.09% |
| Max Drawdown | -35.14% | -33.37% |
| Current Drawdown | -0.22% | -0.62% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VHYAX vs. SCHD - Expense Ratio Comparison
VHYAX has a 0.08% 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%.
Correlation
The correlation between VHYAX and SCHD is 0.96, 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
VHYAX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) 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
VHYAX vs. SCHD - Dividend Comparison
VHYAX's dividend yield for the trailing twelve months is around 2.72%, less than SCHD's 3.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VHYAX Vanguard High Dividend Yield Index Fund Admiral Shares | 2.72% | 3.10% | 2.98% | 2.74% | 3.16% | 3.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.37% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
VHYAX vs. SCHD - Drawdown Comparison
The maximum VHYAX drawdown since its inception was -35.14%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for VHYAX and SCHD. For additional features, visit the drawdowns tool.
Volatility
VHYAX vs. SCHD - Volatility Comparison
Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) has a higher volatility of 3.91% compared to Schwab US Dividend Equity ETF (SCHD) at 3.48%. This indicates that VHYAX'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.