AMZY vs SCHD
YieldMax Amazon 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 | AMZY | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.17% | 0.06% | |
| AUM | $235M | $103.7B | |
| Dividend Yield | 58.64% | 3.31% | |
| Holdings | 14 | 104 | |
| YTD Return | +11.77% | +25.62% | |
| 1Y Return | +13.87% | +32.62% | |
| 3Y Return (annualized) | +20.88% | +15.58% | |
| 5Y Return (annualized) | - | +9.63% | |
| Volatility (annualized) | 23.2% | 13.6% | |
| Max Drawdown | -23.7% | -33.4% | |
| Fund Family | YieldMax ETF | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Jul 24, 2023 | Oct 20, 2011 |
AMZY vs SCHD Performance
YieldMax Amazon Option Income Strategy ETF (AMZY) 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 AMZY returned +13.87% while SCHD returned +32.62%. Year to date, AMZY is up 11.77% versus a gain of 25.62% for SCHD.
Over three years, AMZY compounded at +20.88% per year against +15.58% for SCHD. Across the full 3-year window we track, AMZY has the edge at +24.35% annualized vs +11.47%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AMZY has been the more volatile fund, with annualized monthly volatility of 23.2% 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 -23.7% for AMZY 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 0.17. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AMZY charges 1.17% per year while SCHD charges 0.06%. On a $10,000 position that is $117 vs $6 annually, a gap of $111 per year that compounds over a long holding period. On income, AMZY currently yields 58.64% against 3.31% for SCHD.
Holdings Overlap
AMZY 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, AMZY or SCHD?
AMZY has an expense ratio of 1.17% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $111 per year of difference.
Which performed better, AMZY or SCHD?
Over the past year AMZY returned +13.87% vs +32.62% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), AMZY annualized +24.35% vs +11.47% for SCHD. Past performance does not guarantee future results.
Which is riskier, AMZY or SCHD?
AMZY has been the more volatile fund at 23.2% annualized versus 13.6% for SCHD. Worst drawdown: AMZY -23.7% vs SCHD -33.4%.
Should I hold both AMZY and SCHD?
AMZY and SCHD have a monthly-return correlation of 0.17, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AMZY and SCHD?
AMZY and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 102 unique securities.
Which pays a higher dividend, AMZY or SCHD?
AMZY yields 58.64% while SCHD yields 3.31%, so AMZY currently pays the higher dividend yield.
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