BITY 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

MetricBITYSCHDWinner
Expense Ratio0.65%0.06%
AUM$12M$103.7B
Dividend Yield44.97%3.31%
Holdings7104
YTD Return-35.37%+24.26%
1Y Return-52.38%+31.38%
3Y Return (annualized)-+15.08%
5Y Return (annualized)-+9.72%
Volatility (annualized)37.7%13.6%
Max Drawdown-57.5%-33.4%
Fund FamilyAmplify ETFsCharles Schwab Asset Management
CategoryAlternativeEquity
InceptionApr 29, 2025Oct 20, 2011

BITY vs SCHD Performance

Amplify Bitcoin 2% Monthly Option Income ETF (BITY) is a ETF from Amplify ETFs and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year BITY returned -52.38% while SCHD returned +31.38%. Year to date, BITY is down 35.37% versus a gain of 24.26% for SCHD.

Risk: Volatility and Drawdowns

BITY has been the more volatile fund, with annualized monthly volatility of 37.7% 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 -57.5% for BITY 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 -0.13. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

BITY charges 0.65% per year while SCHD charges 0.06%. On a $10,000 position that is $65 vs $6 annually, a gap of $59 per year that compounds over a long holding period. On income, BITY currently yields 44.97% against 3.31% for SCHD.

Holdings Overlap

0.0%overlap

BITY 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, BITY or SCHD?

BITY has an expense ratio of 0.65% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $59 per year of difference.

Which performed better, BITY or SCHD?

Over the past year BITY returned -52.38% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), BITY annualized -33.47% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, BITY or SCHD?

BITY has been the more volatile fund at 37.7% annualized versus 13.6% for SCHD. Worst drawdown: BITY -57.5% vs SCHD -33.4%.

Should I hold both BITY and SCHD?

BITY and SCHD have a monthly-return correlation of -0.13, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between BITY and SCHD?

BITY and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.

Which pays a higher dividend, BITY or SCHD?

BITY yields 44.97% while SCHD yields 3.31%, so BITY currently pays the higher dividend yield.

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