AMZW vs SCHD

AMZW vs SCHD
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Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 104 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricAMZWSCHDWinner
Expense Ratio1.00%0.06%
AUM$37M$108.7B
Dividend Yield48.19%3.13%
Holdings5104
YTD Return+0.39%+27.67%
1Y Return-0.09%+31.26%
3Y Return (annualized)-+16.66%
5Y Return (annualized)-+10.18%
Volatility (annualized)42.8%13.6%
Max Drawdown-28.0%-33.4%
Fund FamilyRoundhill InvestmentsCharles Schwab Asset Management
CategoryEquityEquity
InceptionJun 18, 2025Oct 20, 2011

AMZW vs SCHD Performance

Roundhill AMZN WeeklyPay ETF (AMZW) is a ETF from Roundhill Investments and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year AMZW returned -0.09% while SCHD returned +31.26%. Year to date, AMZW is up 0.39% versus a gain of 27.67% for SCHD.

Risk: Volatility and Drawdowns

AMZW has been the more volatile fund, with annualized monthly volatility of 42.8% 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 -28.0% for AMZW 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 0.11. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

AMZW charges 1.00% per year while SCHD charges 0.06%. On a $10,000 position that is $100 vs $6 annually, a gap of $94 per year that compounds over a long holding period. On income, AMZW currently yields 48.19% against 3.13% for SCHD.

Holdings Overlap

0.0%overlap

AMZW 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, AMZW or SCHD?

AMZW has an expense ratio of 1.00% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $94 per year of difference.

Which performed better, AMZW or SCHD?

Over the past year AMZW returned -0.09% vs +31.26% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), AMZW annualized +5.54% vs +11.57% for SCHD. Past performance does not guarantee future results.

Which is riskier, AMZW or SCHD?

AMZW has been the more volatile fund at 42.8% annualized versus 13.6% for SCHD. Worst drawdown: AMZW -28.0% vs SCHD -33.4%.

Should I hold both AMZW and SCHD?

AMZW and SCHD have a monthly-return correlation of 0.11, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between AMZW and SCHD?

AMZW and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 102 unique securities.

Which pays a higher dividend, AMZW or SCHD?

AMZW yields 48.19% while SCHD yields 3.13%, so AMZW currently pays the higher dividend yield.

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