VOTE vs. SCHK
Compare and contrast key facts about Engine No. 1 Transform 500 ETF (VOTE) and Schwab 1000 Index ETF (SCHK).
VOTE and SCHK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VOTE is a passively managed fund by Engine No. 1 LLC that tracks the performance of the Morningstar US Large Cap Index. It was launched on Jun 22, 2021. SCHK is a passively managed fund by Charles Schwab that tracks the performance of the Schwab 1000 Index. It was launched on Oct 11, 2017. Both VOTE and SCHK 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: VOTE or SCHK.
Key characteristics
| VOTE | SCHK | |
|---|---|---|
| YTD Return | 27.12% | 27.41% |
| 1Y Return | 35.45% | 36.23% |
| 3Y Return (Ann) | 9.61% | 9.68% |
| Sharpe Ratio | 3.05 | 3.14 |
| Sortino Ratio | 4.11 | 4.17 |
| Omega Ratio | 1.57 | 1.59 |
| Calmar Ratio | 4.43 | 4.60 |
| Martin Ratio | 20.14 | 20.31 |
| Ulcer Index | 1.89% | 1.92% |
| Daily Std Dev | 12.49% | 12.44% |
| Max Drawdown | -25.71% | -34.80% |
| Current Drawdown | -0.22% | -0.38% |
Correlation
The correlation between VOTE and SCHK is 0.99, 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
VOTE vs. SCHK - Performance Comparison
The year-to-date returns for both investments are quite close, with VOTE having a 27.12% return and SCHK slightly higher at 27.41%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VOTE vs. SCHK - Expense Ratio Comparison
Both VOTE and SCHK have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
VOTE vs. SCHK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Engine No. 1 Transform 500 ETF (VOTE) and Schwab 1000 Index ETF (SCHK). 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
VOTE vs. SCHK - Dividend Comparison
VOTE's dividend yield for the trailing twelve months is around 1.17%, less than SCHK's 1.45% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
VOTE Engine No. 1 Transform 500 ETF | 1.17% | 1.33% | 1.54% | 0.54% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHK Schwab 1000 Index ETF | 1.45% | 2.04% | 2.35% | 2.05% | 2.65% | 2.85% | 2.30% | 0.62% |
Drawdowns
VOTE vs. SCHK - Drawdown Comparison
The maximum VOTE drawdown since its inception was -25.71%, smaller than the maximum SCHK drawdown of -34.80%. Use the drawdown chart below to compare losses from any high point for VOTE and SCHK. For additional features, visit the drawdowns tool.
Volatility
VOTE vs. SCHK - Volatility Comparison
Engine No. 1 Transform 500 ETF (VOTE) and Schwab 1000 Index ETF (SCHK) have volatilities of 3.78% and 3.89%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.