XYLD vs. SCHD
Compare and contrast key facts about Global X S&P 500 Covered Call ETF (XYLD) and Schwab US Dividend Equity ETF (SCHD).
XYLD and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XYLD is a passively managed fund by Global X that tracks the performance of the CBOE S&P 500 2% OTM BuyWrite Index. It was launched on Jun 24, 2013. 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. Both XYLD and SCHD 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: XYLD or SCHD.
Performance
XYLD vs. SCHD - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with XYLD having a 15.79% return and SCHD slightly higher at 16.26%. Over the past 10 years, XYLD has underperformed SCHD with an annualized return of 6.77%, while SCHD has yielded a comparatively higher 11.40% annualized return.
XYLD
15.79%
1.48%
9.72%
18.57%
6.63%
6.77%
SCHD
16.26%
0.84%
10.89%
25.41%
12.67%
11.40%
Key characteristics
| XYLD | SCHD | |
|---|---|---|
| Sharpe Ratio | 2.69 | 2.27 |
| Sortino Ratio | 3.65 | 3.27 |
| Omega Ratio | 1.70 | 1.40 |
| Calmar Ratio | 3.05 | 3.34 |
| Martin Ratio | 23.50 | 12.25 |
| Ulcer Index | 0.79% | 2.05% |
| Daily Std Dev | 6.90% | 11.06% |
| Max Drawdown | -33.46% | -33.37% |
| Current Drawdown | -0.16% | -1.54% |
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XYLD vs. SCHD - Expense Ratio Comparison
XYLD has a 0.60% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Correlation
The correlation between XYLD and SCHD is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
XYLD vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X S&P 500 Covered Call ETF (XYLD) 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
XYLD vs. SCHD - Dividend Comparison
XYLD's dividend yield for the trailing twelve months is around 9.43%, more than SCHD's 3.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XYLD Global X S&P 500 Covered Call ETF | 9.43% | 10.51% | 13.44% | 9.08% | 7.93% | 5.76% | 7.12% | 4.67% | 3.24% | 4.65% | 4.15% | 2.49% |
SCHD Schwab US Dividend Equity ETF | 3.40% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
XYLD vs. SCHD - Drawdown Comparison
The maximum XYLD drawdown since its inception was -33.46%, roughly equal to the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for XYLD and SCHD. For additional features, visit the drawdowns tool.
Volatility
XYLD vs. SCHD - Volatility Comparison
The current volatility for Global X S&P 500 Covered Call ETF (XYLD) is 2.45%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.39%. This indicates that XYLD 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.