Schwab Aggregate Competition
| SCHZ Etf | USD 23.45 0.01 0.04% |
Schwab Aggregate vs Schwab Fundamental Correlation
Poor diversification
The correlation between Schwab Aggregate Bond and FNDA is 0.66 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Schwab Aggregate Bond and FNDA in the same portfolio, assuming nothing else is changed.
Moving together with Schwab Etf
Schwab Aggregate Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Schwab Aggregate and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of Schwab and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Schwab Aggregate Bond does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Schwab Aggregate Constituents Risk-Adjusted Indicators
There is a big difference between Schwab Etf performing well and Schwab Aggregate ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Schwab Aggregate's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FLOT | 0.02 | 0.01 | (0.92) | 0.57 | 0.00 | 0.06 | 0.12 | |||
| SCHI | 0.16 | (0.01) | (0.21) | (0.07) | 0.19 | 0.39 | 0.74 | |||
| VLTCX | 0.33 | (0.06) | 0.00 | (0.20) | 0.00 | 0.59 | 1.61 | |||
| VCLT | 0.34 | (0.06) | 0.00 | (0.18) | 0.00 | 0.65 | 1.72 | |||
| SPAB | 0.14 | (0.02) | 0.00 | (0.12) | 0.00 | 0.27 | 0.82 | |||
| JNK | 0.12 | 0.01 | (0.13) | 0.07 | 0.06 | 0.30 | 0.79 | |||
| SPHY | 0.12 | 0.01 | (0.13) | 0.07 | 0.05 | 0.30 | 0.77 | |||
| BLV | 0.34 | (0.06) | 0.00 | (0.22) | 0.00 | 0.55 | 1.82 | |||
| VBLAX | 0.33 | (0.06) | 0.00 | (0.22) | 0.00 | 0.47 | 1.78 | |||
| FNDA | 0.79 | 0.05 | 0.05 | 0.08 | 0.84 | 1.96 | 4.62 |
Schwab Aggregate Competitive Analysis
The better you understand Schwab Aggregate competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Schwab Aggregate's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Schwab Aggregate's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Schwab Aggregate Competition Performance Charts
Five steps to successful analysis of Schwab Aggregate Competition
Schwab Aggregate's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Schwab Aggregate Bond in relation to its competition. Schwab Aggregate's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Schwab Aggregate in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Schwab Aggregate's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Schwab Aggregate Bond, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Schwab Aggregate position
In addition to having Schwab Aggregate in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Services Thematic Idea Now
Services
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Services Theme or any other thematic opportunities.
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Check out Schwab Aggregate Correlation with its peers. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
The market value of Schwab Aggregate Bond is measured differently than its book value, which is the value of Schwab that is recorded on the company's balance sheet. Investors also form their own opinion of Schwab Aggregate's value that differs from its market value or its book value, called intrinsic value, which is Schwab Aggregate's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Schwab Aggregate's market value can be influenced by many factors that don't directly affect Schwab Aggregate's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Schwab Aggregate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Schwab Aggregate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Schwab Aggregate's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.