VRNIX vs. SCHD
Compare and contrast key facts about Vanguard Russell 1000 Index Fund Institutional Shares (VRNIX) and Schwab US Dividend Equity ETF (SCHD).
VRNIX is managed by Vanguard. It was launched on Oct 15, 2010. 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: VRNIX or SCHD.
Key characteristics
| VRNIX | SCHD | |
|---|---|---|
| YTD Return | 26.99% | 18.08% |
| 1Y Return | 38.47% | 30.78% |
| 3Y Return (Ann) | 9.48% | 7.17% |
| 5Y Return (Ann) | 15.79% | 13.03% |
| 10Y Return (Ann) | 13.19% | 11.72% |
| Sharpe Ratio | 3.25 | 2.85 |
| Sortino Ratio | 4.31 | 4.10 |
| Omega Ratio | 1.61 | 1.51 |
| Calmar Ratio | 4.78 | 3.16 |
| Martin Ratio | 21.42 | 15.75 |
| Ulcer Index | 1.90% | 2.04% |
| Daily Std Dev | 12.45% | 11.24% |
| Max Drawdown | -34.57% | -33.37% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between VRNIX and SCHD is 0.86, 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
VRNIX vs. SCHD - Performance Comparison
In the year-to-date period, VRNIX achieves a 26.99% return, which is significantly higher than SCHD's 18.08% return. Over the past 10 years, VRNIX has outperformed SCHD with an annualized return of 13.19%, while SCHD has yielded a comparatively lower 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.
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VRNIX vs. SCHD - Expense Ratio Comparison
VRNIX has a 0.07% 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
VRNIX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Russell 1000 Index Fund Institutional Shares (VRNIX) 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
VRNIX vs. SCHD - Dividend Comparison
VRNIX's dividend yield for the trailing twelve months is around 1.20%, less than SCHD's 3.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VRNIX Vanguard Russell 1000 Index Fund Institutional Shares | 1.20% | 1.41% | 1.59% | 1.16% | 1.46% | 1.65% | 2.00% | 1.73% | 1.93% | 1.92% | 1.74% | 1.69% |
SCHD Schwab US Dividend Equity ETF | 3.35% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
VRNIX vs. SCHD - Drawdown Comparison
The maximum VRNIX drawdown since its inception was -34.57%, roughly equal to the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for VRNIX and SCHD. For additional features, visit the drawdowns tool.
Volatility
VRNIX vs. SCHD - Volatility Comparison
Vanguard Russell 1000 Index Fund Institutional Shares (VRNIX) has a higher volatility of 3.93% compared to Schwab US Dividend Equity ETF (SCHD) at 3.41%. This indicates that VRNIX'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.