ASET 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

MetricASETSCHDWinner
Expense Ratio0.49%0.06%
AUM$7M$103.7B
Dividend Yield3.39%3.31%
Holdings4104
YTD Return+16.77%+25.62%
1Y Return+9.25%+32.62%
3Y Return (annualized)+9.79%+15.58%
5Y Return (annualized)+7.41%+9.63%
Volatility (annualized)14.4%13.6%
Max Drawdown-42.8%-33.4%
Fund FamilyFlexshares TrustCharles Schwab Asset Management
CategoryEquityEquity
InceptionNov 23, 2015Oct 20, 2011

ASET vs SCHD Performance

FlexShares Real Assets Allocation Index Fund (ASET) is a ETF from Flexshares Trust and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year ASET returned +9.25% while SCHD returned +32.62%. Year to date, ASET is up 16.77% versus a gain of 25.62% for SCHD.

Over three years, ASET compounded at +9.79% per year against +15.58% for SCHD; over five years the annualized figures are +7.41% and +9.63% respectively. Across the full 10-year window we track, SCHD has the edge at +11.47% annualized vs +6.15%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

ASET has been the more volatile fund, with annualized monthly volatility of 14.4% 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 -42.8% for ASET 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 0.85. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

ASET charges 0.49% per year while SCHD charges 0.06%. On a $10,000 position that is $49 vs $6 annually, a gap of $43 per year that compounds over a long holding period. On income, ASET currently yields 3.39% against 3.31% for SCHD.

Frequently Asked Questions

Which is cheaper, ASET or SCHD?

ASET has an expense ratio of 0.49% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $43 per year of difference.

Which performed better, ASET or SCHD?

Over the past year ASET returned +9.25% vs +32.62% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (10 years), ASET annualized +6.15% vs +11.47% for SCHD. Past performance does not guarantee future results.

Which is riskier, ASET or SCHD?

ASET has been the more volatile fund at 14.4% annualized versus 13.6% for SCHD. Worst drawdown: ASET -42.8% vs SCHD -33.4%.

Should I hold both ASET and SCHD?

ASET and SCHD have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, ASET or SCHD?

ASET yields 3.39% while SCHD yields 3.31%, so ASET currently pays the higher dividend yield.

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