CHTR vs SCHD: Correlation
Charter Communications (CHTR) and Schwab US Dividend Equity ETF (SCHD) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CHTR and SCHD?
On 3 years of weekly data the CHTR/SCHD correlation comes out at 0.46, moderate. The relationship has been stable: the 1-year correlation (0.43) sits close to the 3-year figure. The 5-year figure is 0.48, and annualized covariance runs at 244.1 %².
Among the 35 assets we track against CHTR, SCHD ranks #16 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months SCHD outperformed by 74.5 percentage points (-44.9% for CHTR against +29.6% for SCHD). Across three years, the rolling one-year figure varied moderately, from 0.30 to 0.67. Note the risk asymmetry: CHTR runs 3.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
CHTR vs SCHD: side by side
| CHTR (Charter Communications) | SCHD (Schwab US Dividend Equity ETF) | |
|---|---|---|
| 1-year return | -44.9% | +29.6% |
| 5-year return | -81.8% | +60.9% |
| Volatility (ann.) | 41.3% | 12.9% |
| Beta vs S&P 500 | 0.74 | 0.52 |
| Max drawdown (3Y) | -72.9% | -16.1% |
| Market cap | $20.0B | – |
| P/E (trailing) | 4.0 | – |
| Dividend yield | 0.00% | 3.13% |
| Expense ratio | – | 0.06% |
| Assets under management | – | $104.2B |
| Sector / category | Communication Services | ETF · Dividend |
SCHD, Schwab ETFs's Large Value fund, carries $104.2B under management, 101 holdings, a 0.06% expense ratio, a 3.13% trailing dividend yield.
Year-by-year returns
| Year | CHTR | SCHD |
|---|---|---|
| 2022 | -48.0% | -3.3% |
| 2023 | +14.6% | +4.5% |
| 2024 | -11.8% | +11.7% |
| 2025 | -39.1% | +4.3% |
| 2026 | -28.9% | +29.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CHTR and SCHD good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CHTR and SCHD?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.43 over the last year and 0.48 over 5 years.
Is SCHD a good diversifier for CHTR?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 mean?
On the −1 to +1 scale, 0.46 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/chtr-vs-schd.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/chtr-vs-schd/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CHTR correlations · SCHD correlations
