BYRE vs SCHD
Principal Real Estate Active Opportunities ETF vs Schwab US Dividend Equity ETF
Which is better, BYRE or SCHD?
Small Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 52.2%.
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 | BYRE | SCHD |
|---|---|---|
| Expense Ratio | 0.60% | 0.06%Best |
| AUM | $28M | $112.1B |
| Dividend Yield | 2.74% | 3.00% |
| Holdings | 53 | 103 |
| YTD Return | +10.25% | +25.84%Best |
| 1Y Return | +7.72% | +30.18%Best |
| 3Y Return (annualized) | +9.35% | +16.08%Best |
| 5Y Return (annualized) | - | +9.97% |
| Volatility (annualized) | 17.6% | 15.0%Best |
| Max Drawdown | -25.7% | -16.1%Best |
| $10,000 over 4.3 years | $11,842 | $16,136Best |
| Top 10 Weight | 52.2% | 41.8%Best |
| Fund Family | Principal Funds | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Value |
| Inception | May 18, 2022 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 4.3 years row, are measured over the window both funds cover: May 19, 2022 to Sep 15, 2026 (4.3 years).
BYRE 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 4.3 years both funds cover.
BYRE vs SCHD Performance
Principal Real Estate Active Opportunities ETF (BYRE) is an ETF from Principal Funds and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year BYRE returned +7.72% while SCHD returned +30.18%. Year to date, BYRE is up 10.25% versus a gain of 25.84% for SCHD.
Over three years, BYRE compounded at +9.35% per year against +16.08% for SCHD. Across the full 4-year window we track, SCHD has the edge at +11.77% annualized vs +4.01%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BYRE has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 15.0% 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 -25.7% for BYRE and -16.1% 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BYRE charges 0.60% per year while SCHD charges 0.06%. On a $10,000 position that is $60 vs $6 annually, a gap of $54 per year that compounds over a long holding period. On income, BYRE currently yields 2.74% against 3.00% for SCHD.
Holdings Overlap
0.6% of BYRE's money is in holdings SCHD also owns. 0.1% of SCHD's money is in holdings BYRE also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 51 positions we hold weights for in BYRE and 100 in SCHD, against full books of 53 and 103.
What only one of them owns
Our book lists 98 positions for SCHD that do not appear in our book for BYRE (99.9% of the fund), and 34 for BYRE that do not appear in SCHD (89.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BYRE | Weight in SCHD | Difference |
|---|---|---|---|
| GVMXXState Street Institutional US Government Money Market Fund | 0.56% | 0.06% | 0.50% |
You are not choosing between two funds in isolation.
Whichever of BYRE 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, BYRE or SCHD?
BYRE has an expense ratio of 0.60% while SCHD charges 0.06%. SCHD is the cheaper option, by $54 a year on a $10,000 investment.
Which performed better, BYRE or SCHD?
Over the past year BYRE returned +7.72% vs +30.18% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), BYRE annualized +4.01% vs +11.77% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BYRE or SCHD?
BYRE has been the more volatile fund at 17.6% annualized versus 15.0% for SCHD. Worst drawdown: BYRE -25.7% vs SCHD -16.1%.
Should I hold both BYRE and SCHD?
BYRE and SCHD have a monthly-return correlation of 0.74, 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, BYRE or SCHD?
BYRE yields 2.74% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than BYRE?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 52.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.