BFEB vs SCHD
Innovator US Equity Buffer ETF - February vs Schwab US Dividend Equity ETF
Which is better, BFEB or SCHD?
Multi Alternative against Large Cap Value.
SCHD has a lower expense ratio. BFEB led over 3Y, 5Y and the full window, SCHD over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BFEB | SCHD |
|---|---|---|
| Expense Ratio | 0.79% | 0.06%Best |
| AUM | $262M | $112.1B |
| Dividend Yield | 0.00% | 3.00% |
| Holdings | 12 | 103 |
| YTD Return | +10.59% | +24.23%Best |
| 1Y Return | +14.93% | +27.90%Best |
| 3Y Return (annualized) | +16.20%Best | +15.55% |
| 5Y Return (annualized) | +11.63%Best | +9.97% |
| Volatility (annualized) | 11.1%Best | 16.4% |
| Max Drawdown | -26.4%Best | -33.2% |
| $10,000 over 5 years | $17,334Best | $16,083 |
| Fund Family | Innovator ETFs Trust | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | Feb 3, 2020 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Feb 3, 2020 to Sep 17, 2026 (6.6 years).
BFEB vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.6 years both funds cover.
BFEB vs SCHD Performance
Innovator US Equity Buffer ETF - February (BFEB) is an ETF from Innovator ETFs Trust and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year BFEB returned +14.93% while SCHD returned +27.90%. Year to date, BFEB is up 10.59% versus a gain of 24.23% for SCHD.
Over three years, BFEB compounded at +16.20% per year against +15.55% for SCHD; over five years the annualized figures are +11.63% and +9.97% respectively. Across the full 7-year window we track, BFEB has the edge at +12.50% annualized vs +12.34%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 11.1% for BFEB. 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 -26.4% for BFEB and -33.2% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BFEB charges 0.79% per year while SCHD charges 0.06%. On a $10,000 position that is $79 vs $6 annually, a gap of $73 per year that compounds over a long holding period. On income, BFEB currently yields 0.00% against 3.00% for SCHD.
You are not choosing between two funds in isolation.
Whichever of BFEB and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BFEB or SCHD?
BFEB has an expense ratio of 0.79% while SCHD charges 0.06%. SCHD is the cheaper option, by $73 a year on a $10,000 investment.
Which performed better, BFEB or SCHD?
Over the past year BFEB returned +14.93% vs +27.90% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), BFEB annualized +12.50% vs +12.34% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BFEB or SCHD?
SCHD has been the more volatile fund at 16.4% annualized versus 11.1% for BFEB. Worst drawdown: BFEB -26.4% vs SCHD -33.2%.
Should I hold both BFEB and SCHD?
BFEB and SCHD have a monthly-return correlation of 0.77, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BFEB or SCHD?
BFEB yields 0.00% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than BFEB?
SCHD has a lower expense ratio. BFEB led over 3Y, 5Y and the full window, SCHD over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.