BUYW vs SCHD
Main BuyWrite ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | BUYW | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.99% | 0.06% | |
| AUM | $1.3B | $108.7B | |
| Dividend Yield | 5.92% | 3.13% | |
| Holdings | 21 | 104 | |
| YTD Return | +2.45% | +28.70% | |
| 1Y Return | +5.04% | +32.27% | |
| 3Y Return (annualized) | +7.77% | +17.27% | |
| 5Y Return (annualized) | - | +10.23% | |
| Volatility (annualized) | 4.6% | 13.7% | |
| Max Drawdown | -9.4% | -33.4% | |
| Fund Family | Main Management Fund Advisors, LLC | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Dec 29, 2015 | Oct 20, 2011 |
BUYW vs SCHD Performance
Main BuyWrite ETF (BUYW) is a ETF from Main Management Fund Advisors, LLC and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year BUYW returned +5.04% while SCHD returned +32.27%. Year to date, BUYW is up 2.45% versus a gain of 28.70% for SCHD.
Over three years, BUYW compounded at +7.77% per year against +17.27% for SCHD. Across the full 4-year window we track, SCHD has the edge at +11.63% annualized vs +8.79%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 4.6% for BUYW. 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 -9.4% for BUYW 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 0.55. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BUYW charges 0.99% per year while SCHD charges 0.06%. On a $10,000 position that is $99 vs $6 annually, a gap of $93 per year that compounds over a long holding period. On income, BUYW currently yields 5.92% against 3.13% for SCHD.
Holdings Overlap
BUYW and SCHD share 0 holdings out of 109 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, BUYW or SCHD?
BUYW has an expense ratio of 0.99% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $93 per year of difference.
Which performed better, BUYW or SCHD?
Over the past year BUYW returned +5.04% vs +32.27% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), BUYW annualized +8.79% vs +11.63% for SCHD. Past performance does not guarantee future results.
Which is riskier, BUYW or SCHD?
SCHD has been the more volatile fund at 13.7% annualized versus 4.6% for BUYW. Worst drawdown: BUYW -9.4% vs SCHD -33.4%.
Should I hold both BUYW and SCHD?
BUYW and SCHD have a monthly-return correlation of 0.55, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BUYW and SCHD?
BUYW and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 109 unique securities.
Which pays a higher dividend, BUYW or SCHD?
BUYW yields 5.92% while SCHD yields 3.13%, so BUYW currently pays the higher dividend yield.
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