VNYTX vs. SCHD
Compare and contrast key facts about Vanguard New York Long-Term Tax-Exempt Fund Investor Shares (VNYTX) and Schwab US Dividend Equity ETF (SCHD).
VNYTX is managed by Vanguard. It was launched on Apr 7, 1986. 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: VNYTX or SCHD.
Key characteristics
| VNYTX | SCHD | |
|---|---|---|
| YTD Return | 1.98% | 17.75% |
| 1Y Return | 9.52% | 31.70% |
| 3Y Return (Ann) | -0.65% | 7.26% |
| 5Y Return (Ann) | 1.10% | 12.80% |
| 10Y Return (Ann) | 2.38% | 11.72% |
| Sharpe Ratio | 2.31 | 2.67 |
| Sortino Ratio | 3.45 | 3.84 |
| Omega Ratio | 1.53 | 1.47 |
| Calmar Ratio | 0.87 | 2.80 |
| Martin Ratio | 10.11 | 14.83 |
| Ulcer Index | 0.95% | 2.04% |
| Daily Std Dev | 4.17% | 11.32% |
| Max Drawdown | -19.30% | -33.37% |
| Current Drawdown | -2.64% | 0.00% |
Correlation
The correlation between VNYTX and SCHD is -0.10. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
VNYTX vs. SCHD - Performance Comparison
In the year-to-date period, VNYTX achieves a 1.98% return, which is significantly lower than SCHD's 17.75% return. Over the past 10 years, VNYTX has underperformed SCHD with an annualized return of 2.38%, while SCHD has yielded a comparatively higher 11.72% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VNYTX vs. SCHD - Expense Ratio Comparison
VNYTX has a 0.17% 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
VNYTX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard New York Long-Term Tax-Exempt Fund Investor Shares (VNYTX) 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
VNYTX vs. SCHD - Dividend Comparison
VNYTX's dividend yield for the trailing twelve months is around 3.32%, less than SCHD's 3.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VNYTX Vanguard New York Long-Term Tax-Exempt Fund Investor Shares | 3.32% | 3.11% | 2.86% | 2.43% | 2.65% | 2.94% | 3.21% | 3.17% | 3.81% | 3.29% | 3.40% | 3.60% |
SCHD Schwab US Dividend Equity ETF | 3.36% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
VNYTX vs. SCHD - Drawdown Comparison
The maximum VNYTX drawdown since its inception was -19.30%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for VNYTX and SCHD. For additional features, visit the drawdowns tool.
Volatility
VNYTX vs. SCHD - Volatility Comparison
The current volatility for Vanguard New York Long-Term Tax-Exempt Fund Investor Shares (VNYTX) is 2.11%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.57%. This indicates that VNYTX 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.