CHPY vs SCHD

Quick Verdict

SCHD has a lower expense ratio. CHPY delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: CHPYMore Diversified: SCHD

Side-by-Side Comparison

MetricCHPYSCHDWinner
Expense Ratio1.03%0.06%
AUM$1.1B$103.7B
Dividend Yield29.14%3.31%
Holdings104104
YTD Return+58.65%+24.26%
1Y Return+102.62%+31.38%
3Y Return (annualized)-+15.08%
5Y Return (annualized)-+9.72%
Volatility (annualized)38.6%13.6%
Max Drawdown-27.6%-33.4%
Fund FamilyYieldMax ETFCharles Schwab Asset Management
CategoryAlternativeEquity
InceptionApr 2, 2025Oct 20, 2011

CHPY vs SCHD Performance

YieldMax Semiconductor Portfolio Option Income ETF (CHPY) is a ETF from YieldMax ETF and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year CHPY returned +102.62% while SCHD returned +31.38%. Year to date, CHPY is up 58.65% versus a gain of 24.26% for SCHD.

Risk: Volatility and Drawdowns

CHPY has been the more volatile fund, with annualized monthly volatility of 38.6% 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 -27.6% for CHPY 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 -0.07. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

CHPY charges 1.03% per year while SCHD charges 0.06%. On a $10,000 position that is $103 vs $6 annually, a gap of $97 per year that compounds over a long holding period. On income, CHPY currently yields 29.14% against 3.31% for SCHD.

Holdings Overlap

5.6%overlap

CHPY and SCHD share 2 holdings out of 127 unique holdings combined, representing a 5.6% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in CHPYWeight in SCHDDifference
TXN2.92%3.70%0.78%
QCOM2.67%2.72%0.05%

Frequently Asked Questions

Which is cheaper, CHPY or SCHD?

CHPY has an expense ratio of 1.03% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $97 per year of difference.

Which performed better, CHPY or SCHD?

Over the past year CHPY returned +102.62% vs +31.38% for SCHD, so CHPY leads on 1-year performance. Over the longest common window we track (1 years), CHPY annualized +108.25% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, CHPY or SCHD?

CHPY has been the more volatile fund at 38.6% annualized versus 13.6% for SCHD. Worst drawdown: CHPY -27.6% vs SCHD -33.4%.

Should I hold both CHPY and SCHD?

CHPY and SCHD have a monthly-return correlation of -0.07, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between CHPY and SCHD?

CHPY and SCHD share 2 common holdings with a 5.6% weight overlap. Combined, they hold 127 unique securities.

Which pays a higher dividend, CHPY or SCHD?

CHPY yields 29.14% while SCHD yields 3.31%, so CHPY currently pays the higher dividend yield.

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