Correlation
The correlation between ZDY.TO and SCHD is 0.80, 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.
ZDY.TO vs. SCHD
Compare and contrast key facts about BMO US Dividend ETF (CAD) (ZDY.TO) and Schwab US Dividend Equity ETF (SCHD).
ZDY.TO and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ZDY.TO is an actively managed fund by BMO. It was launched on Mar 19, 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZDY.TO or SCHD.
Performance
ZDY.TO vs. SCHD - Performance Comparison
Loading data...
Key characteristics
ZDY.TO:
0.80
SCHD:
0.35
ZDY.TO:
1.15
SCHD:
0.56
ZDY.TO:
1.18
SCHD:
1.07
ZDY.TO:
0.80
SCHD:
0.33
ZDY.TO:
2.61
SCHD:
0.99
ZDY.TO:
4.73%
SCHD:
5.36%
ZDY.TO:
15.44%
SCHD:
16.40%
ZDY.TO:
-32.99%
SCHD:
-33.37%
ZDY.TO:
-8.92%
SCHD:
-9.75%
Returns By Period
The year-to-date returns for both investments are quite close, with ZDY.TO having a -3.40% return and SCHD slightly higher at -3.35%. Over the past 10 years, ZDY.TO has underperformed SCHD with an annualized return of 10.06%, while SCHD has yielded a comparatively higher 10.58% annualized return.
ZDY.TO
-3.40%
2.26%
-5.38%
11.50%
10.58%
12.06%
10.06%
SCHD
-3.35%
1.79%
-9.75%
3.76%
3.71%
12.22%
10.58%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
ZDY.TO vs. SCHD - Expense Ratio Comparison
ZDY.TO has a 0.30% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
ZDY.TO vs. SCHD — Risk-Adjusted Performance Rank
ZDY.TO
SCHD
ZDY.TO vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BMO US Dividend ETF (CAD) (ZDY.TO) 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.
Loading data...
Dividends
ZDY.TO vs. SCHD - Dividend Comparison
ZDY.TO's dividend yield for the trailing twelve months is around 2.10%, less than SCHD's 3.97% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZDY.TO BMO US Dividend ETF (CAD) | 2.10% | 2.08% | 2.56% | 2.62% | 2.46% | 3.85% | 3.19% | 2.95% | 2.77% | 2.60% | 2.68% | 2.74% |
SCHD Schwab US Dividend Equity ETF | 3.97% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% |
Drawdowns
ZDY.TO vs. SCHD - Drawdown Comparison
The maximum ZDY.TO drawdown since its inception was -32.99%, roughly equal to the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for ZDY.TO and SCHD.
Loading data...
Volatility
ZDY.TO vs. SCHD - Volatility Comparison
BMO US Dividend ETF (CAD) (ZDY.TO) and Schwab US Dividend Equity ETF (SCHD) have volatilities of 4.98% and 4.90%, 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.
Loading data...