SCHG vs QQQ comparison¶
SCHG vs QQQ performance comment¶
Market Performance Metrics Overview¶
| Metric | Data1 | Data2 |
|---|---|---|
| High | 87.25 | 429.85 |
| Low | 80.38 | 395.34 |
| Close | 86.43 | 425.83 |
| Start Price | 81.71 | 402.59 |
| Gain % | 5.78% | 5.77% |
| Annualized Gain % | 87.85% | 87.79% |
| Annualized Volatility % | 12.85% | 13.96% |
| Max Drawdown | -1.36% | -1.57% |
| Sharpe Ratio | 7.41 | 6.83 |
Insights and Commentary¶
The comparison between the two markets, SCHG and QQQ, over a 60-day period reveals some interesting insights. Both markets experienced similar gain percentages of around 5.8%, indicating relative stability and positive performance. The annualized gain percentages for both markets are also closely aligned, suggesting consistent growth opportunities for investors.
However, when considering risk, the annualized volatility percentage for QQQ is slightly higher at 13.96% compared to SCHG's 12.85%. This indicates that QQQ may have experienced greater price fluctuations over the observed period, potentially leading to higher risk for investors.
Another essential metric to consider is the Sharpe Ratio, which measures the risk-adjusted return of an investment. In this case, SCHG's Sharpe Ratio of 7.41 outperforms QQQ's ratio of 6.83, indicating that SCHG may provide a better risk-adjusted return compared to QQQ.
Overall, both markets have shown positive performance, with similar gain percentages and annualized gains. However, investors should take note of the slightly higher volatility and lower Sharpe Ratio associated with QQQ, which may indicate a higher level of risk compared to SCHG.
SCHG YTD Return (Daily)¶
Comment on YTD Total Returns Results of SCHG¶
Performance Analysis¶
The YTD Open for SCHG was 82.27 and the YTD Close was 86.43, resulting in a YTD Gain of 5.78%. This positive gain led to an annualized gain of 87.85%. The YTD Annualized Volatility stands at 12.85%, indicating the level of risk in the market. The YTD Max Drawdown was -1.36%, reflecting the maximum loss experienced during the year. The YTD Sharpe Ratio of 7.41 signifies the risk-adjusted return, with a higher value indicating better performance.
Historical Performance¶
The Last Year Annualized Gain was 51.47% with a Last Year Annualized Volatility of 17.07%. The Last Year Max Drawdown was at -10.08%, indicating the highest loss in the past year. The Historical Annualized Gain (excluding current year) was 16.28% and the Historical Annualized Volatility (excluding current year) averaged at 19.68%. The Max Drawdown in Data (excluding current year) was -34.59%. The Average Sharpe Ratio for All Years (Excluding Last) was at 0.83.
Current Market Condition¶
The Current last close stands at 86.43, with the Current last 5 days gain at 3.26%. The Current MA 200 is 74.55, the Current MA 50 is 81.37, and the Current MA 5 stands at 85.60. The Current average annualized volatility is at 13.16%, while it was at 11.10% a month ago. Based on the current last close, SCHG is performing above both the MA 200 and the MA 50, indicating a bullish trend. However, it is slightly lower than the MA 5, suggesting a potential short-term downward correction. The increase in average annualized volatility over the past month could indicate increasing market risk and the possibility of larger price swings in the near future.
SCHG Annual Dividends¶
| Year | Annual Dividend | Dividend Yield |
|---|---|---|
| 2023 | $0.39 | 0.46% |
| 2022 | $0.31 | 0.52% |
| 2021 | $0.69 | 0.42% |
| 2020 | $0.67 | 0.54% |
| 2019 | $0.76 | 0.84% |
SCHG Montly Dividends¶
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.0 | 0.0 | $0.08 | 0.0 | 0.0 | $0.09 | 0.0 | 0.0 | $0.08 | 0.0 | 0.0 | $0.13 |
| 2022 | 0.0 | 0.0 | $0.06 | 0.0 | 0.0 | $0.08 | 0.0 | 0.0 | $0.08 | 0.0 | 0.0 | $0.09 |
| 2021 | 0.0 | 0.0 | $0.13 | 0.0 | 0.0 | $0.14 | 0.0 | 0.0 | $0.15 | 0.0 | 0.0 | $0.27 |
| 2020 | 0.0 | 0.0 | $0.17 | 0.0 | 0.0 | $0.16 | 0.0 | 0.0 | $0.17 | 0.0 | 0.0 | $0.17 |
| 2019 | 0.0 | 0.0 | $0.16 | 0.0 | 0.0 | $0.2 | 0.0 | 0.0 | $0.21 | 0.0 | 0.0 | $0.2 |
| 2018 | 0.0 | 0.0 | $0.15 | 0.0 | 0.0 | $0.17 | 0.0 | 0.0 | $0.16 | 0.0 | 0.0 | $0.4 |
| 2017 | 0.0 | 0.0 | $0.14 | 0.0 | 0.0 | $0.18 | 0.0 | 0.0 | $0.22 | 0.0 | 0.0 | $0.18 |
| 2016 | 0.0 | 0.0 | $0.13 | 0.0 | 0.0 | $0.15 | 0.0 | 0.0 | $0.09 | 0.0 | 0.0 | $0.21 |
| 2015 | 0.0 | 0.0 | $0.13 | 0.0 | 0.0 | $0.22 | 0.0 | 0.0 | $0.14 | 0.0 | 0.0 | $0.15 |
| 2014 | 0.0 | 0.0 | $0.13 | 0.0 | 0.0 | $0.15 | 0.0 | 0.0 | $0.14 | 0.0 | 0.0 | $0.14 |
| 2013 | 0.0 | 0.0 | $0.09 | 0.0 | 0.0 | $0.13 | 0.0 | 0.0 | $0.15 | 0.0 | 0.0 | $0.12 |
| 2012 | 0.0 | 0.0 | $0.08 | 0.0 | 0.0 | $0.09 | 0.0 | 0.0 | $0.1 | 0.0 | 0.0 | $0.21 |
| 2011 | 0.0 | 0.0 | $0.05 | 0.0 | 0.0 | $0.07 | 0.0 | 0.0 | $0.08 | 0.0 | 0.0 | $0.1 |
| 2010 | 0.0 | 0.0 | $0.05 | 0.0 | 0.0 | $0.05 | 0.0 | 0.0 | $0.05 | 0.0 | 0.0 | $0.06 |
| 2009 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | $0.01 |
Published: 2024-01-25
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