Backtest

SCHD monthly investing backtest: dividends reinvested

How would reinvesting dividends affect regular investments in SCHD?

SCHD 100% from 2012-01-03 to 2026-10-23, with KRW 10 million initially and KRW 500,000 monthly, reinvested dividends, and KRW reporting.

Data as of 2026-10-23

Backtest results

Backtest Period 2012.01.03 ~ 2026.10.23 · 14 yr 10 mo
Final Balance ₩366M
Invested ₩99M
Gain +₩267M
Before taxes and trading costs
Annualized return +14.5%
1.5pp behind SPY
Counting when you added money: +14.8%
Max drawdown · daily -29.3%
Peak ₩117M → low ₩83M
5 months from trough to recovery
Loss after a 1-year hold 4%
6 of 166 past windows
None when held 3+ years
SPY 2%

Performance

Growth Chart

My Portfolio CAGR +14.5%
SPY CAGR +16.0%
Money put in
Shaded: major market crises COVID-19 (Feb–Mar 2020)Bear Market (2022)
Drawdown (same period)
0%-29%Low -29.3% · 2020-03

Holding-period outcomes

Held 1 year(s), 4% of start dates lost money; held 3 years, none did · worst +6.6%/yr

Held Annualized return · worst to best Losses
1 years -9.5% ~ +55.5% 4%6/166
3 years +6.6% ~ +26.6% 0%0/142
5 years +8.0% ~ +21.7% 0%0/118
7 years +9.7% ~ +17.8% 0%0/94
10 years +12.7% ~ +16.5% 0%0/58
Return spread for one holding periodPick a holding period to see its spread and each start month
Worst · average · best by holding period (table)Per-year returns and share of positive periods for 1–10 year holds
Show the numbers
1 years166-9.4%+15.2%+55.5% 96%
3 years142+6.6%+14.3%+26.6% 100%
5 years118+8.0%+14.5%+21.7% 100%
7 years94+9.7%+14.5%+17.8% 100%
10 years58+12.7%+14.5%+16.5% 100%

Annual & monthly returns

Up in 13 of 14 years · best 2021 +42.2% · worst 2018 -1.4%

Completed months · through 2026-09

Partial years: 2026. Each year includes only its observed months.

-20%-10%0%10%20%30%40%50%20122014201620182020202220242026
Portfolio SPY
Show the numbers · Completed calendar years
13/14 Positive Years
93% Win Rate
4/14 Beat Benchmark
7yr Longest Winning Streak
7yr Current Streak
±13.8% Annual Return Std Dev
Current Streak 1 mo up
Longest Gain Streak 7mo
Longest Loss Streak 4mo

Trailing returns

Up to 1 year: total return · 3 years and longer: per year As of 9/2026
1 yearstotal +19.0% +11.7% +7.4pp
3 yearsper year +15.5% +22.8% -7.3pp
5 yearsper year +12.3% +16.7% -4.3pp
10 yearsper year +14.8% +17.6% -2.8pp
Fullper year +14.1% +16.2% -2.1pp
Growth Milestones2× in 8.1 yrs · 3× in 12.5 yrs
3.7× your principal ₩99M → now ₩366M
  1. 1.5× Reached 2016-07 · took 4.6 yrs
  2. 2× Reached 2020-02 · took 8.1 yrs
  3. 3× Reached 2024-07 · took 12.5 yrs
  4. 5× Needs another 35% gain
  5. 10× Needs another 169% gain
Purchasing power — assuming 2.5% annual inflation+11.7% a year after inflation · +14.5% before

Annualized return

Nominal +14.5%
Real (Infl.-Adj.) +11.7%

Cumulative return

Nominal +642.6%
Real (Infl.-Adj.) +415.1%

Risk & recovery

Deepest fall -29.3% (2020.03) · 194 days from peak to recovery · now 6.2% below the peak

vs SPY

The same money in SPY would have grown to ₩421M, ₩55M more than this portfolio

Assets & diversification

Scenarios

Shuffles past monthly returns into 500 possible futures

Data & export

15 years of yearly and 3,725 days of daily records · CSV download