SCHD vs YHGJ: Correlation
Schwab US Dividend Equity ETF (SCHD) and Yunhong Green CTI Ltd. (YHGJ) show a negative relationship: their 3-year correlation of weekly returns is -0.18.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SCHD and YHGJ?
Across a 3-year window, the weekly returns of SCHD and YHGJ correlate at -0.18, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.15) sits close to the 3-year figure. Stretching to 5 years gives -0.07, with an annualized covariance of -209.1 %².
YHGJ is close to the least connected end of SCHD's tracked universe, ranking #104 of 108. Their recent paths diverged sharply: over the last 12 months SCHD outperformed by 74.5 percentage points (+29.6% for SCHD against -44.9% for YHGJ). Risk is not evenly split, since YHGJ carries 7.0 times the volatility of the other side.
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.
SCHD vs YHGJ: side by side
| SCHD (Schwab US Dividend Equity ETF) | YHGJ (Yunhong Green CTI Ltd.) | |
|---|---|---|
| 1-year return | +29.6% | -44.9% |
| 5-year return | +60.9% | -85.6% |
| Volatility (ann.) | 12.9% | 90.5% |
| Beta vs S&P 500 | 0.52 | -0.69 |
| Max drawdown (3Y) | -16.1% | -91.7% |
| Market cap | – | – |
| P/E (trailing) | – | – |
| Dividend yield | 3.13% | 0.00% |
| Expense ratio | 0.06% | – |
| Assets under management | $104.2B | – |
| Sector / category | ETF · Dividend | US Listed |
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 | SCHD | YHGJ |
|---|---|---|
| 2022 | -3.3% | -12.6% |
| 2023 | +4.5% | +105.8% |
| 2024 | +11.7% | -74.3% |
| 2025 | +4.3% | -34.0% |
| 2026 | +29.1% | -19.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SCHD and YHGJ good diversifiers for each other?
Yes. With a correlation of -0.18, SCHD and YHGJ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between SCHD and YHGJ?
The SCHD/YHGJ correlation stands at -0.18 on a 3-year window (1 year: -0.15, 5 years: -0.07), computed from weekly returns as of 2026-08-27.
Is YHGJ a good diversifier for SCHD?
Yes. With a correlation of -0.18, SCHD and YHGJ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.18 mean?
A reading of -0.18 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/schd-vs-yhgj.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/schd-vs-yhgj/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: SCHD correlations · YHGJ correlations
