WATFX vs. SCHD
Compare and contrast key facts about Western Asset Core Bond Fund (WATFX) and Schwab US Dividend Equity ETF (SCHD).
WATFX is managed by Franklin Templeton. It was launched on Sep 4, 1990. 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: WATFX or SCHD.
Key characteristics
| WATFX | SCHD | |
|---|---|---|
| YTD Return | 1.65% | 17.75% |
| 1Y Return | 9.65% | 31.70% |
| 3Y Return (Ann) | -3.93% | 7.26% |
| 5Y Return (Ann) | -1.08% | 12.80% |
| 10Y Return (Ann) | 1.40% | 11.72% |
| Sharpe Ratio | 1.31 | 2.67 |
| Sortino Ratio | 1.95 | 3.84 |
| Omega Ratio | 1.24 | 1.47 |
| Calmar Ratio | 0.11 | 2.80 |
| Martin Ratio | 4.53 | 14.83 |
| Ulcer Index | 1.92% | 2.04% |
| Daily Std Dev | 6.60% | 11.32% |
| Max Drawdown | -90.39% | -33.37% |
| Current Drawdown | -75.23% | 0.00% |
Correlation
The correlation between WATFX and SCHD is -0.06. 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
WATFX vs. SCHD - Performance Comparison
In the year-to-date period, WATFX achieves a 1.65% return, which is significantly lower than SCHD's 17.75% return. Over the past 10 years, WATFX has underperformed SCHD with an annualized return of 1.40%, 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.
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WATFX vs. SCHD - Expense Ratio Comparison
WATFX has a 0.46% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
WATFX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Asset Core Bond Fund (WATFX) 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
WATFX vs. SCHD - Dividend Comparison
WATFX's dividend yield for the trailing twelve months is around 4.07%, more than SCHD's 3.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WATFX Western Asset Core Bond Fund | 4.07% | 3.70% | 2.91% | 2.05% | 2.38% | 2.96% | 2.93% | 2.35% | 2.54% | 2.73% | 2.94% | 2.83% |
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
WATFX vs. SCHD - Drawdown Comparison
The maximum WATFX drawdown since its inception was -90.39%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for WATFX and SCHD. For additional features, visit the drawdowns tool.
Volatility
WATFX vs. SCHD - Volatility Comparison
The current volatility for Western Asset Core Bond Fund (WATFX) is 1.76%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.57%. This indicates that WATFX 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.