AAPY vs SCHD
AAPY vs SCHD
Kurv Yield Premium Strategy Apple ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | AAPY | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.99% | 0.06% | |
| AUM | $6M | $103.7B | |
| Dividend Yield | 12.38% | 3.31% | |
| Holdings | 10 | 104 | |
| YTD Return | +9.81% | +24.26% | |
| 1Y Return | +26.68% | +31.38% | |
| 3Y Return (annualized) | - | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 18.9% | 13.6% | |
| Max Drawdown | -29.2% | -33.4% | |
| Fund Family | Kurv | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Oct 27, 2023 | Oct 20, 2011 |
AAPY vs SCHD Performance
Kurv Yield Premium Strategy Apple ETF (AAPY) is a ETF from Kurv and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year AAPY returned +26.68% while SCHD returned +31.38%. Year to date, AAPY is up 9.81% versus a gain of 24.26% for SCHD.
Risk: Volatility and Drawdowns
AAPY has been the more volatile fund, with annualized monthly volatility of 18.9% 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 -29.2% for AAPY 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 0.18. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AAPY charges 0.99% per year while SCHD charges 0.06%. On a $10,000 position that is $99 vs $6 annually, a gap of $93 per year that compounds over a long holding period. On income, AAPY currently yields 12.38% against 3.31% for SCHD.
Holdings Overlap
AAPY 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, AAPY or SCHD?
AAPY has an expense ratio of 0.99% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $93 per year of difference.
Which performed better, AAPY or SCHD?
Over the past year AAPY returned +26.68% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), AAPY annualized +14.62% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, AAPY or SCHD?
AAPY has been the more volatile fund at 18.9% annualized versus 13.6% for SCHD. Worst drawdown: AAPY -29.2% vs SCHD -33.4%.
Should I hold both AAPY and SCHD?
AAPY and SCHD have a monthly-return correlation of 0.18, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AAPY and SCHD?
AAPY and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, AAPY or SCHD?
AAPY yields 12.38% while SCHD yields 3.31%, so AAPY 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.