XYLG vs. SCHG
Compare and contrast key facts about Global X S&P 500 Covered Call & Growth ETF (XYLG) and Schwab U.S. Large-Cap Growth ETF (SCHG).
XYLG and SCHG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XYLG is a passively managed fund by Global X that tracks the performance of the CBOE S&P 500 BuyWrite Index. It was launched on Sep 18, 2020. SCHG is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Growth Total Stock Market Total Return Index. It was launched on Dec 11, 2009. Both XYLG and SCHG 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: XYLG or SCHG.
Key characteristics
| XYLG | SCHG | |
|---|---|---|
| YTD Return | 21.41% | 34.32% |
| 1Y Return | 26.47% | 42.00% |
| 3Y Return (Ann) | 7.59% | 11.21% |
| Sharpe Ratio | 3.03 | 2.64 |
| Sortino Ratio | 4.11 | 3.39 |
| Omega Ratio | 1.62 | 1.48 |
| Calmar Ratio | 3.90 | 3.62 |
| Martin Ratio | 20.63 | 14.42 |
| Ulcer Index | 1.35% | 3.10% |
| Daily Std Dev | 9.23% | 16.93% |
| Max Drawdown | -21.30% | -34.59% |
| Current Drawdown | -0.30% | -0.18% |
Correlation
The correlation between XYLG and SCHG is 0.89, 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
XYLG vs. SCHG - Performance Comparison
In the year-to-date period, XYLG achieves a 21.41% return, which is significantly lower than SCHG's 34.32% 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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XYLG vs. SCHG - Expense Ratio Comparison
XYLG has a 0.60% expense ratio, which is higher than SCHG's 0.04% expense ratio.
Risk-Adjusted Performance
XYLG vs. SCHG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X S&P 500 Covered Call & Growth ETF (XYLG) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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
XYLG vs. SCHG - Dividend Comparison
XYLG's dividend yield for the trailing twelve months is around 4.28%, more than SCHG's 0.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XYLG Global X S&P 500 Covered Call & Growth ETF | 4.28% | 5.38% | 6.44% | 7.41% | 1.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.40% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.04% | 1.22% | 1.09% | 1.07% |
Drawdowns
XYLG vs. SCHG - Drawdown Comparison
The maximum XYLG drawdown since its inception was -21.30%, smaller than the maximum SCHG drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for XYLG and SCHG. For additional features, visit the drawdowns tool.
Volatility
XYLG vs. SCHG - Volatility Comparison
The current volatility for Global X S&P 500 Covered Call & Growth ETF (XYLG) is 3.07%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 5.15%. This indicates that XYLG experiences smaller price fluctuations and is considered to be less risky than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.