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SCHD vs. ARKG

Schwab US Dividend Equity ETF

SCHD
$--
vs

ARK Genomic Revolution ETF

ARKG
$--

Correlation

0.60
SCHDSchwab US Dividend Equity ETF
ARKGARK Genomic Revolution ETF

What is SCHD?

The ETF seeks investment results that track, as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Dividend 100 Index. Provides exposure to high dividend yielding stocks issued by U.S. companies that have a record of consistently paying dividends and have strong relative fundamental strength based on select financial ratios.

Snapshot
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SCHD Schwab US Dividend Equity ETF
ARKG ARK Genomic Revolution ETF
Inception date
Oct 20 2011
Oct 31 2014
Expense ratio
0.06%
0.75%
SCHD has a lower expense ratio than ARKG by 0.69%. This can indicate that it’s cheaper to invest in SCHD than ARKG.
Type
US Equities
Global Equities
SCHD targets investing in US Equities, while ARKG targets investing in Global Equities.
Fund owner
Schwab
ARK Funds
SCHD is managed by Schwab, while ARKG is managed by ARK Funds.
Volume (1m avg. daily)
$191,902,599
$36,384,198
Both SCHD and ARKG are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$47,737,029,197
$1,743,388,571
SCHD has more assets under management than ARKG by $45,993,640,626. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
Dow Jones U.S. Dividend 100 Index
None
SCHD is based off of the Dow Jones U.S. Dividend 100 Index, while ARKG is based off of the undefined
Inverse/Leveraged
No
No
SCHD and ARKG use the same leverage ratio. Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Passive
Active
SCHD uses a Passive investing strategy, while ARKG uses a Active investing strategy.
Dividend
Yes
No
SCHD may offer dividends, while ARKG does not. The frequency and yield of the dividend for SCHD may vary.
Prospectus
Neither SCHD nor ARKG require a K1.
SCHD and ARKG’s Correlation
When ETFs are correlated, there are 3 main topics to analyze that will help you build your automated trading strategy: liquidity, expense, and risk.
  • Liquidity: In an active trading strategy (trading multiple time per week), it’s important to consider the liquidity of the ETF you’re using. Lower liquidity can mean more money lost in slippage. AUM and average daily volume are both indicators of liquidity.
  • Expense: Some ETFs are more expensive to use than others. For strategies that are focused on longer holding periods, it’s important to factor in how expensive it is to hold this ETF. Expense ratio is the main indicator of how expensive an ETF is.
  • Risk: Some ETFs will be highly correlated, but have varying degrees of returns, due to leverage. It’s important to consider if an ETF is using leverage or not. The main indicators of a riskier ETF will be the use of leverage and higher standard deviation or max drawdown in a backtest.

Automated Strategies
Related toSCHD

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Automated Strategies
Related toARKG

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic
trading strategy

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.