ASGM vs SCHD
Virtus AlphaSimplex Global Macro ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. ASGM delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | ASGM | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.86% | 0.06% | |
| AUM | $8M | $103.7B | |
| Dividend Yield | 3.84% | 3.31% | |
| Holdings | 34 | 104 | |
| YTD Return | +20.51% | +25.58% | |
| 1Y Return | +31.71% | +31.06% | |
| 3Y Return (annualized) | - | +15.55% | |
| 5Y Return (annualized) | - | +9.61% | |
| Volatility (annualized) | 13.3% | 13.6% | |
| Max Drawdown | -7.4% | -33.4% | |
| Fund Family | Virtus Investment Partners | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Aug 4, 2025 | Oct 20, 2011 |
ASGM vs SCHD Performance
Virtus AlphaSimplex Global Macro ETF (ASGM) is a ETF from Virtus Investment Partners and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year ASGM returned +31.71% while SCHD returned +31.06%. Year to date, ASGM is up 20.51% versus a gain of 25.58% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 13.3% for ASGM. 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 -7.4% for ASGM 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 0.48. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ASGM charges 0.86% per year while SCHD charges 0.06%. On a $10,000 position that is $86 vs $6 annually, a gap of $80 per year that compounds over a long holding period. On income, ASGM currently yields 3.84% against 3.31% for SCHD.
Holdings Overlap
ASGM and SCHD share 0 holdings out of 103 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, ASGM or SCHD?
ASGM has an expense ratio of 0.86% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $80 per year of difference.
Which performed better, ASGM or SCHD?
Over the past year ASGM returned +31.71% vs +31.06% for SCHD, so ASGM leads on 1-year performance. Over the longest common window we track (1 years), ASGM annualized +34.61% vs +11.46% for SCHD. Past performance does not guarantee future results.
Which is riskier, ASGM or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 13.3% for ASGM. Worst drawdown: ASGM -7.4% vs SCHD -33.4%.
Should I hold both ASGM and SCHD?
ASGM and SCHD have a monthly-return correlation of 0.48, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ASGM and SCHD?
ASGM and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, ASGM or SCHD?
ASGM yields 3.84% while SCHD yields 3.31%, so ASGM currently pays the higher dividend yield.
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