ARKD vs SCHD

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricARKDSCHDWinner
Expense Ratio0.89%0.06%
AUM$2M$103.7B
Dividend Yield0.00%3.31%
Holdings10104
YTD Return-1.42%+24.26%
1Y Return-66.45%+31.38%
3Y Return (annualized)-+15.08%
5Y Return (annualized)-+9.72%
Volatility (annualized)61.5%13.6%
Max Drawdown-72.1%-33.4%
Fund FamilyArk InvestCharles Schwab Asset Management
CategoryAlternativeEquity
InceptionJan 2, 2026Oct 20, 2011

ARKD vs SCHD Performance

ARK DIET Q1 Buffer ETF (ARKD) is a ETF from Ark Invest and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year ARKD returned -66.45% while SCHD returned +31.38%. Year to date, ARKD is down 1.42% versus a gain of 24.26% for SCHD.

Risk: Volatility and Drawdowns

ARKD has been the more volatile fund, with annualized monthly volatility of 61.5% 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 -72.1% for ARKD 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 -0.15. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

ARKD charges 0.89% per year while SCHD charges 0.06%. On a $10,000 position that is $89 vs $6 annually, a gap of $83 per year that compounds over a long holding period. On income, ARKD currently yields 0.00% against 3.31% for SCHD.

Holdings Overlap

0.0%overlap

ARKD 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, ARKD or SCHD?

ARKD has an expense ratio of 0.89% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $83 per year of difference.

Which performed better, ARKD or SCHD?

Over the past year ARKD returned -66.45% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), ARKD annualized -11.94% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, ARKD or SCHD?

ARKD has been the more volatile fund at 61.5% annualized versus 13.6% for SCHD. Worst drawdown: ARKD -72.1% vs SCHD -33.4%.

Should I hold both ARKD and SCHD?

ARKD and SCHD have a monthly-return correlation of -0.15, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between ARKD and SCHD?

ARKD and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.

Which pays a higher dividend, ARKD or SCHD?

ARKD yields 0.00% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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