SCHD vs JKHY
- 2 of 19 forces clearly differ
- Data through Oct 30, 2026
- Market move removed first
SCHD and JKHY clearly differ on 2 of 19 forces. The widest gap is mortgage rates: in weeks when the 30-year mortgage rate rose 0.25 percentage points, SCHD typically moved +0.24% and JKHY −1.4%.
| Economic force | SCHDSchwab U.S. Dividend Equity ETF | JKHYJack Henry & Associates |
|---|---|---|
| Interest ratesIn weeks when the 10-year Treasury yield rose 0.25 percentage points | −1.4%−1.9% to −0.83%Clear | −0.86%−2.0% to +0.30%Not distinguishable from zero |
| Inflation expectationsIn weeks when 10-year inflation expectations rose 0.25 percentage points | +3.1%+1.7% to +4.6%Clear | +3.0%+0.79% to +5.2%Tentative |
| U.S. dollarIn weeks when the trade-weighted U.S. dollar rose 2% | −0.62%−1.2% to −0.06%Tentative | −0.93%−2.7% to +0.85%Not distinguishable from zero |
| Oil and energyIn weeks when the price of oil rose 10% | +0.18%−0.17% to +0.53%Not distinguishable from zero | +0.07%−0.70% to +0.84%Not distinguishable from zero |
| Credit spreadsIn weeks when corporate credit spreads widened 0.25 percentage points | −0.80%−1.8% to +0.22%Not distinguishable from zero | −0.68%−2.9% to +1.6%Not distinguishable from zero |
| Short-term ratesIn weeks when the 2-year Treasury yield rose 0.25 percentage points | −0.10%−1.1% to +0.88%Not distinguishable from zero | −0.60%−2.5% to +1.2%Not distinguishable from zero |
| Market volatilityIn weeks when market volatility (the VIX) rose 5 points | −0.47%−0.90% to −0.03%Tentative | +0.16%−0.78% to +1.1%Not distinguishable from zero |
| Mortgage ratesIn weeks when the 30-year mortgage rate rose 0.25 percentage pointsClear difference | +0.24%−0.27% to +0.75%Not distinguishable from zero | −1.4%−2.5% to −0.41%Tentative |
| GoldIn weeks when the price of gold rose 5% | −0.12%−0.55% to +0.31%Not distinguishable from zero | +0.55%−0.12% to +1.2%Not distinguishable from zero |
| CopperIn weeks when the price of copper rose 5% | +0.10%−0.22% to +0.42%Not distinguishable from zero | −0.20%−0.85% to +0.45%Not distinguishable from zero |
| Natural gasIn weeks when the U.S. natural gas price (Henry Hub) rose 10% | 0.00%−0.02% to +0.01%Not distinguishable from zero | −0.02%−0.04% to 0.00%Tentative |
| BitcoinIn weeks when the price of bitcoin rose 10% | −0.30%−0.74% to +0.15%Not distinguishable from zero | +0.21%−0.59% to +1.0%Not distinguishable from zero |
| Small vs large companiesIn weeks when small companies beat large ones by 1 percentage point | +0.43%+0.32% to +0.55%Clear | +0.11%−0.15% to +0.37%Not distinguishable from zero |
| Value vs growthIn weeks when value stocks beat growth stocks by 1 percentage point | +0.69%+0.62% to +0.76%Clear | +0.35%+0.09% to +0.62%Tentative |
| MomentumIn weeks when recent winners beat the stock market by 1 percentage pointClear difference | −0.35%−0.50% to −0.20%Clear | −0.88%−1.2% to −0.61%Clear |
| EuroIn weeks when the euro rose 2% against the U.S. dollar | −0.43%−1.4% to +0.54%Not distinguishable from zero | +0.40%−3.0% to +3.8%Not distinguishable from zero |
| Japanese yenIn weeks when the yen rose 2% against the U.S. dollar | −0.02%−0.44% to +0.40%Not distinguishable from zero | +0.13%−0.72% to +1.0%Not distinguishable from zero |
| Emerging marketsIn weeks when emerging-market stocks beat the S&P 500 by 1 percentage point | −0.08%−0.23% to +0.08%Not distinguishable from zero | −0.43%−0.72% to −0.13%Tentative |
| ChinaIn weeks when Chinese stocks beat other emerging markets by 1 percentage point | +0.07%+0.01% to +0.14%Tentative | +0.25%+0.10% to +0.39%Tentative |
Each figure is the stock's typical move in a week when the force moved by the stated amount, after accounting for the stock market, with its 90% range beneath. Grey figures could not be told apart from zero. A row is marked a clear difference only when the two 90% ranges do not overlap.
This describes the past, and it is not a forecast. Relationships change, and nothing here is a recommendation to buy, sell or hold any security.