XFLT vs. SCHD
Compare and contrast key facts about XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) and Schwab US Dividend Equity ETF (SCHD).
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: XFLT or SCHD.
Key characteristics
| XFLT | SCHD | |
|---|---|---|
| YTD Return | 10.40% | 16.94% |
| 1Y Return | 13.66% | 26.08% |
| 3Y Return (Ann) | 3.79% | 6.78% |
| 5Y Return (Ann) | 8.62% | 12.63% |
| Sharpe Ratio | 1.34 | 2.44 |
| Sortino Ratio | 1.86 | 3.51 |
| Omega Ratio | 1.28 | 1.43 |
| Calmar Ratio | 1.33 | 3.30 |
| Martin Ratio | 3.76 | 13.27 |
| Ulcer Index | 3.63% | 2.04% |
| Daily Std Dev | 10.18% | 11.07% |
| Max Drawdown | -55.42% | -33.37% |
| Current Drawdown | 0.00% | -0.96% |
Correlation
The correlation between XFLT and SCHD is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
XFLT vs. SCHD - Performance Comparison
In the year-to-date period, XFLT achieves a 10.40% return, which is significantly lower than SCHD's 16.94% 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.
Risk-Adjusted Performance
XFLT vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) 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
XFLT vs. SCHD - Dividend Comparison
XFLT's dividend yield for the trailing twelve months is around 14.59%, more than SCHD's 3.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XFLT XAI Octagon Floating Rate & Alternative Income Term Trust | 14.59% | 13.61% | 13.86% | 9.82% | 10.64% | 10.63% | 11.33% | 1.47% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.38% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
XFLT vs. SCHD - Drawdown Comparison
The maximum XFLT drawdown since its inception was -55.42%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for XFLT and SCHD. For additional features, visit the drawdowns tool.
Volatility
XFLT vs. SCHD - Volatility Comparison
The current volatility for XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) is 1.41%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.44%. This indicates that XFLT 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.