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.
Correlation
The correlation between XYLD and SCHD is 0.69, 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.
Performance
XYLD vs. SCHD - Performance Comparison
Key characteristics
XYLD:
1.00
SCHD:
0.64
XYLD:
1.39
SCHD:
0.98
XYLD:
1.23
SCHD:
1.11
XYLD:
1.10
SCHD:
0.97
XYLD:
4.67
SCHD:
2.34
XYLD:
1.97%
SCHD:
3.28%
XYLD:
9.18%
SCHD:
12.05%
XYLD:
-33.46%
SCHD:
-33.37%
XYLD:
-6.30%
SCHD:
-3.88%
Returns By Period
In the year-to-date period, XYLD achieves a -3.24% return, which is significantly lower than SCHD's 2.93% return. Over the past 10 years, XYLD has underperformed SCHD with an annualized return of 6.87%, while SCHD has yielded a comparatively higher 11.47% annualized return.
XYLD
-3.24%
-4.57%
2.81%
9.26%
11.46%
6.87%
SCHD
2.93%
-1.47%
0.79%
8.34%
17.40%
11.47%
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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.
Risk-Adjusted Performance
XYLD vs. SCHD — Risk-Adjusted Performance Rank
XYLD
SCHD
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 12.57%, more than SCHD's 3.73% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XYLD Global X S&P 500 Covered Call ETF | 12.57% | 11.54% | 10.51% | 13.43% | 9.07% | 7.93% | 5.76% | 7.12% | 5.18% | 3.23% | 4.65% | 4.15% |
SCHD Schwab US Dividend Equity ETF | 3.73% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% |
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
Global X S&P 500 Covered Call ETF (XYLD) and Schwab US Dividend Equity ETF (SCHD) have volatilities of 4.88% and 4.65%, 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.