^DJI vs. SCHD
Compare and contrast key facts about Dow Jones Industrial Average (^DJI) 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: ^DJI or SCHD.
Key characteristics
| ^DJI | SCHD | |
|---|---|---|
| YTD Return | 8.62% | 12.08% |
| 1Y Return | 17.51% | 16.48% |
| 3Y Return (Ann) | 5.02% | 6.20% |
| 5Y Return (Ann) | 8.93% | 12.99% |
| 10Y Return (Ann) | 9.12% | 11.47% |
| Sharpe Ratio | 1.67 | 1.42 |
| Daily Std Dev | 10.73% | 11.77% |
| Max Drawdown | -53.78% | -33.37% |
| Current Drawdown | -1.51% | -0.89% |
Correlation
The correlation between ^DJI and SCHD is 0.91, 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
^DJI vs. SCHD - Performance Comparison
In the year-to-date period, ^DJI achieves a 8.62% return, which is significantly lower than SCHD's 12.08% return. Over the past 10 years, ^DJI has underperformed SCHD with an annualized return of 9.12%, while SCHD has yielded a comparatively higher 11.47% annualized 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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Risk-Adjusted Performance
^DJI vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones Industrial Average (^DJI) 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.
Drawdowns
^DJI vs. SCHD - Drawdown Comparison
The maximum ^DJI drawdown since its inception was -53.78%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for ^DJI and SCHD. For additional features, visit the drawdowns tool.
Volatility
^DJI vs. SCHD - Volatility Comparison
Dow Jones Industrial Average (^DJI) has a higher volatility of 4.47% compared to Schwab US Dividend Equity ETF (SCHD) at 3.97%. This indicates that ^DJI's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.