PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
VHYAX vs. SCHD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


VHYAXSCHD
YTD Return16.41%13.91%
1Y Return26.38%24.71%
3Y Return (Ann)8.18%6.00%
5Y Return (Ann)10.34%12.22%
Sharpe Ratio2.642.32
Sortino Ratio3.673.34
Omega Ratio1.471.41
Calmar Ratio3.692.39
Martin Ratio16.6012.61
Ulcer Index1.65%2.04%
Daily Std Dev10.37%11.09%
Max Drawdown-35.14%-33.37%
Current Drawdown-3.20%-2.36%

Correlation

-0.50.00.51.01.0

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.

Performance

VHYAX vs. SCHD - Performance Comparison

In the year-to-date period, VHYAX achieves a 16.41% return, which is significantly higher than SCHD's 13.91% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
9.61%
10.13%
VHYAX
SCHD

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%.


VHYAX
Vanguard High Dividend Yield Index Fund Admiral Shares
Expense ratio chart for VHYAX: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%
Expense ratio chart for SCHD: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

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.


VHYAX
Sharpe ratio
The chart of Sharpe ratio for VHYAX, currently valued at 2.64, compared to the broader market0.002.004.002.64
Sortino ratio
The chart of Sortino ratio for VHYAX, currently valued at 3.67, compared to the broader market0.005.0010.003.67
Omega ratio
The chart of Omega ratio for VHYAX, currently valued at 1.47, compared to the broader market1.002.003.004.001.47
Calmar ratio
The chart of Calmar ratio for VHYAX, currently valued at 3.69, compared to the broader market0.005.0010.0015.0020.003.69
Martin ratio
The chart of Martin ratio for VHYAX, currently valued at 16.60, compared to the broader market0.0020.0040.0060.0080.00100.0016.60
SCHD
Sharpe ratio
The chart of Sharpe ratio for SCHD, currently valued at 2.32, compared to the broader market0.002.004.002.32
Sortino ratio
The chart of Sortino ratio for SCHD, currently valued at 3.34, compared to the broader market0.005.0010.003.34
Omega ratio
The chart of Omega ratio for SCHD, currently valued at 1.41, compared to the broader market1.002.003.004.001.41
Calmar ratio
The chart of Calmar ratio for SCHD, currently valued at 2.39, compared to the broader market0.005.0010.0015.0020.002.39
Martin ratio
The chart of Martin ratio for SCHD, currently valued at 12.61, compared to the broader market0.0020.0040.0060.0080.00100.0012.61

VHYAX vs. SCHD - Sharpe Ratio Comparison

The current VHYAX Sharpe Ratio is 2.64, which is comparable to the SCHD Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of VHYAX and SCHD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.64
2.32
VHYAX
SCHD

Dividends

VHYAX vs. SCHD - Dividend Comparison

VHYAX's dividend yield for the trailing twelve months is around 2.83%, less than SCHD's 3.47% yield.


TTM20232022202120202019201820172016201520142013
VHYAX
Vanguard High Dividend Yield Index Fund Admiral Shares
2.83%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
3.47%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.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.20%
-2.36%
VHYAX
SCHD

Volatility

VHYAX vs. SCHD - Volatility Comparison

The current volatility for Vanguard High Dividend Yield Index Fund Admiral Shares (VHYAX) is 2.58%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 2.75%. This indicates that VHYAX 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.


1.50%2.00%2.50%3.00%3.50%4.00%4.50%5.00%JuneJulyAugustSeptemberOctoberNovember
2.58%
2.75%
VHYAX
SCHD