AAPB vs SCHD
GraniteShares 2x Long AAPL Daily ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. AAPB delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | AAPB | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.15% | 0.06% | |
| AUM | $20M | $103.7B | |
| Dividend Yield | 4.15% | 3.31% | |
| Holdings | 2 | 104 | |
| YTD Return | +16.04% | +26.21% | |
| 1Y Return | +50.58% | +29.99% | |
| 3Y Return (annualized) | +21.84% | +15.73% | |
| 5Y Return (annualized) | - | +9.67% | |
| Volatility (annualized) | 45.1% | 13.6% | |
| Max Drawdown | -58.1% | -33.4% | |
| Fund Family | GraniteShares | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Aug 9, 2022 | Oct 20, 2011 |
AAPB vs SCHD Performance
GraniteShares 2x Long AAPL Daily ETF (AAPB) is a ETF from GraniteShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year AAPB returned +50.58% while SCHD returned +29.99%. Year to date, AAPB is up 16.04% versus a gain of 26.21% for SCHD.
Over three years, AAPB compounded at +21.84% per year against +15.73% for SCHD. Across the full 4-year window we track, AAPB has the edge at +16.29% annualized vs +11.50%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AAPB has been the more volatile fund, with annualized monthly volatility of 45.1% compared with 13.6% for SCHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -58.1% for AAPB and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.35. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AAPB charges 1.15% per year while SCHD charges 0.06%. On a $10,000 position that is $115 vs $6 annually, a gap of $109 per year that compounds over a long holding period. On income, AAPB currently yields 4.15% against 3.31% for SCHD.
Holdings Overlap
AAPB and SCHD share 0 holdings out of 101 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AAPB or SCHD?
AAPB has an expense ratio of 1.15% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $109 per year of difference.
Which performed better, AAPB or SCHD?
Over the past year AAPB returned +50.58% vs +29.99% for SCHD, so AAPB leads on 1-year performance. Over the longest common window we track (4 years), AAPB annualized +16.29% vs +11.50% for SCHD. Past performance does not guarantee future results.
Which is riskier, AAPB or SCHD?
AAPB has been the more volatile fund at 45.1% annualized versus 13.6% for SCHD. Worst drawdown: AAPB -58.1% vs SCHD -33.4%.
Should I hold both AAPB and SCHD?
AAPB and SCHD have a monthly-return correlation of 0.35, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AAPB and SCHD?
AAPB and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, AAPB or SCHD?
AAPB yields 4.15% while SCHD yields 3.31%, so AAPB currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.