AIEQ vs SCHD
Amplify AI Powered Equity ETF vs Schwab US Dividend Equity ETF
Which is better, AIEQ or SCHD?
Large Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. AIEQ led over 3Y, SCHD over 1Y, 5Y and the full window. AIEQ is less concentrated, with 37.9% of the fund in its ten largest positions against 41.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AIEQ | SCHD |
|---|---|---|
| Expense Ratio | 0.75% | 0.06%Best |
| AUM | $121M | $112.1B |
| Dividend Yield | 0.38% | 3.00% |
| Holdings | 324 | 103 |
| YTD Return | +10.69% | +25.07%Best |
| 1Y Return | +12.49% | +27.61%Best |
| 3Y Return (annualized) | +17.92%Best | +15.74% |
| 5Y Return (annualized) | +4.06% | +9.89%Best |
| Volatility (annualized) | 21.0% | 16.1%Best |
| Max Drawdown | -39.0% | -33.4%Best |
| $10,000 over 5 years | $12,202 | $16,025Best |
| Top 10 Weight | 37.9%Best | 41.8% |
| Fund Family | Amplify ETFs | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Oct 17, 2017 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 18, 2017 to Sep 11, 2026 (8.9 years).
AIEQ vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 8.9 years both funds cover.
AIEQ vs SCHD Performance
Amplify AI Powered Equity ETF (AIEQ) is an ETF from Amplify ETFs and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year AIEQ returned +12.49% while SCHD returned +27.61%. Year to date, AIEQ is up 10.69% versus a gain of 25.07% for SCHD.
Over three years, AIEQ compounded at +17.92% per year against +15.74% for SCHD; over five years the annualized figures are +4.06% and +9.89% respectively. Across the full 9-year window we track, SCHD has the edge at +11.22% annualized vs +9.74%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AIEQ has been the more volatile fund, with annualized monthly volatility of 21.0% compared with 16.1% 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 -39.0% for AIEQ and -33.4% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AIEQ charges 0.75% per year while SCHD charges 0.06%. On a $10,000 position that is $75 vs $6 annually, a gap of $69 per year that compounds over a long holding period. On income, AIEQ currently yields 0.38% against 3.00% for SCHD.
Holdings Overlap
6.2% of AIEQ's money is in holdings SCHD also owns. 26.7% of SCHD's money is in holdings AIEQ also owns.
SCHD and AIEQ share little of their money.
14 positions in common, counted across the 161 positions we hold weights for in AIEQ and 100 in SCHD, against full books of 324 and 103.
What only one of them owns
Our book lists 85 positions for SCHD that do not appear in our book for AIEQ (73.2% of the fund), and 145 for AIEQ that do not appear in SCHD (93.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in AIEQ | Weight in SCHD | Difference |
|---|---|---|---|
| PGProcter & Gamble Company | 1.26% | 3.83% | 2.57% |
| MRKMerck & Co. Inc. | 0.05% | 4.77% | 4.72% |
| KOCoca Cola Co. | 0.05% | 4.17% | 4.12% |
| MOAltria Group Inc. | 0.99% | 2.79% | 1.80% |
| LMTLockheed Martin Corp | 0.05% | 2.78% | 2.73% |
| DVNDevon Energy Corp. | 1.21% | 1.36% | 0.15% |
| EOGEog Resources Inc | 0.04% | 1.88% | 1.84% |
| BBYBest Buy Co. Inc. | 1.21% | 0.38% | 0.83% |
| OKEOneok Inc. | 0.05% | 1.47% | 1.42% |
| BRBroadridge Financial Solutions, Inc. | 0.81% | 0.51% | 0.30% |
26.7% of SCHD is already inside AIEQ.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AIEQ or SCHD?
AIEQ has an expense ratio of 0.75% while SCHD charges 0.06%. SCHD is the cheaper option, by $69 a year on a $10,000 investment.
Which performed better, AIEQ or SCHD?
Over the past year AIEQ returned +12.49% vs +27.61% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), AIEQ annualized +9.74% vs +11.22% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AIEQ or SCHD?
AIEQ has been the more volatile fund at 21.0% annualized versus 16.1% for SCHD. Worst drawdown: AIEQ -39.0% vs SCHD -33.4%.
Should I hold both AIEQ and SCHD?
AIEQ and SCHD have a monthly-return correlation of 0.71, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between AIEQ and SCHD?
26.7% of SCHD's money is in holdings AIEQ also owns. 26.7% of SCHD's is in holdings AIEQ also owns. They hold 14 positions in common, counted across the 161 positions we hold weights for in AIEQ and 100 in SCHD.
Which pays a higher dividend, AIEQ or SCHD?
AIEQ yields 0.38% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than AIEQ?
SCHD has a lower expense ratio. AIEQ led over 3Y, SCHD over 1Y, 5Y and the full window. AIEQ is less concentrated, with 37.9% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.