CAIE vs SCHD
CAIE vs SCHD
Calamos Autocallable Income 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 100 holdings.
Side-by-Side Comparison
| Metric | CAIE | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.74% | 0.06% | |
| AUM | $1.1B | $103.7B | |
| Dividend Yield | 13.30% | 3.31% | |
| Holdings | 6 | 104 | |
| YTD Return | +9.91% | +24.26% | |
| 1Y Return | +19.63% | +31.38% | |
| 3Y Return (annualized) | - | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 11.0% | 13.6% | |
| Max Drawdown | -7.7% | -33.4% | |
| Fund Family | Calamos Investments | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Jun 25, 2025 | Oct 20, 2011 |
CAIE vs SCHD Performance
Calamos Autocallable Income ETF (CAIE) is a ETF from Calamos Investments and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year CAIE returned +19.63% while SCHD returned +31.38%. Year to date, CAIE is up 9.91% versus a gain of 24.26% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 11.0% for CAIE. 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 -7.7% for CAIE 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 0.20. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CAIE charges 0.74% per year while SCHD charges 0.06%. On a $10,000 position that is $74 vs $6 annually, a gap of $68 per year that compounds over a long holding period. On income, CAIE currently yields 13.30% against 3.31% for SCHD.
Holdings Overlap
CAIE and SCHD share 0 holdings out of 101 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, CAIE or SCHD?
CAIE has an expense ratio of 0.74% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $68 per year of difference.
Which performed better, CAIE or SCHD?
Over the past year CAIE returned +19.63% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), CAIE annualized +23.52% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, CAIE or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 11.0% for CAIE. Worst drawdown: CAIE -7.7% vs SCHD -33.4%.
Should I hold both CAIE and SCHD?
CAIE and SCHD have a monthly-return correlation of 0.20, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CAIE and SCHD?
CAIE and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, CAIE or SCHD?
CAIE yields 13.30% while SCHD yields 3.31%, so CAIE currently pays the higher dividend yield.
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