AIYY vs SCHD
YieldMax AI Option Income Strategy 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 | AIYY | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.67% | 0.06% | |
| AUM | $26M | $103.7B | |
| Dividend Yield | 156.48% | 3.31% | |
| Holdings | 10 | 104 | |
| YTD Return | -34.41% | +25.58% | |
| 1Y Return | -44.81% | +31.06% | |
| 3Y Return (annualized) | - | +15.55% | |
| 5Y Return (annualized) | - | +9.61% | |
| Volatility (annualized) | 41.1% | 13.6% | |
| Max Drawdown | -80.3% | -33.4% | |
| Fund Family | YieldMax ETF | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Nov 27, 2023 | Oct 20, 2011 |
AIYY vs SCHD Performance
YieldMax AI Option Income Strategy ETF (AIYY) is a ETF from YieldMax ETF and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year AIYY returned -44.81% while SCHD returned +31.06%. Year to date, AIYY is down 34.41% versus a gain of 25.58% for SCHD.
Risk: Volatility and Drawdowns
AIYY has been the more volatile fund, with annualized monthly volatility of 41.1% 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 -80.3% for AIYY 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 -0.14. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AIYY charges 1.67% per year while SCHD charges 0.06%. On a $10,000 position that is $167 vs $6 annually, a gap of $161 per year that compounds over a long holding period. On income, AIYY currently yields 156.48% against 3.31% for SCHD.
Holdings Overlap
AIYY and SCHD share 0 holdings out of 102 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, AIYY or SCHD?
AIYY has an expense ratio of 1.67% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $161 per year of difference.
Which performed better, AIYY or SCHD?
Over the past year AIYY returned -44.81% vs +31.06% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), AIYY annualized -42.02% vs +11.46% for SCHD. Past performance does not guarantee future results.
Which is riskier, AIYY or SCHD?
AIYY has been the more volatile fund at 41.1% annualized versus 13.6% for SCHD. Worst drawdown: AIYY -80.3% vs SCHD -33.4%.
Should I hold both AIYY and SCHD?
AIYY and SCHD have a monthly-return correlation of -0.14, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AIYY and SCHD?
AIYY and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 102 unique securities.
Which pays a higher dividend, AIYY or SCHD?
AIYY yields 156.48% while SCHD yields 3.31%, so AIYY currently pays the higher dividend yield.
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