CLOZ vs SCHD
Eldridge BBB-B CLO ETF vs Schwab US Dividend Equity ETF
Which is better, CLOZ or SCHD?
Bank Loan against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window.
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 | CLOZ | SCHD |
|---|---|---|
| Expense Ratio | 0.50% | 0.06%Best |
| AUM | $805M | $112.1B |
| Dividend Yield | 7.21% | 3.00% |
| Holdings | 192 | 103 |
| YTD Return | +3.56% | +24.23%Best |
| 1Y Return | +4.72% | +27.90%Best |
| 3Y Return (annualized) | +8.29% | +15.55%Best |
| 5Y Return (annualized) | - | +9.97% |
| Volatility (annualized) | 3.8%Best | 13.3% |
| Max Drawdown | -5.3%Best | -16.1% |
| $10,000 over 3.6 years | $13,974 | $15,028Best |
| Fund Family | ELDRIDGE | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | Bank Loan | Large Cap Value |
| Inception | Jan 24, 2023 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.6 years row, are measured over the window both funds cover: Jan 24, 2023 to Sep 17, 2026 (3.6 years).
CLOZ 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 3.6 years both funds cover.
CLOZ vs SCHD Performance
Eldridge BBB-B CLO ETF (CLOZ) is an ETF from ELDRIDGE and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year CLOZ returned +4.72% while SCHD returned +27.90%. Year to date, CLOZ is up 3.56% versus a gain of 24.23% for SCHD.
Over three years, CLOZ compounded at +8.29% per year against +15.55% for SCHD. Across the full 4-year window we track, SCHD has the edge at +11.98% annualized vs +9.74%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.3% compared with 3.8% for CLOZ. 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 -5.3% for CLOZ 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 0.17. They move largely independently of each other.
Fees and Cost Over Time
CLOZ charges 0.50% per year while SCHD charges 0.06%. On a $10,000 position that is $50 vs $6 annually, a gap of $44 per year that compounds over a long holding period. On income, CLOZ currently yields 7.21% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 6 holdings in CLOZ and 100 in SCHD, totalling 1.9% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 6 positions we hold weights for in CLOZ and 100 in SCHD, against full books of 192 and 103.
You are not choosing between two funds in isolation.
Whichever of CLOZ 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, CLOZ or SCHD?
CLOZ has an expense ratio of 0.50% while SCHD charges 0.06%. SCHD is the cheaper option, by $44 a year on a $10,000 investment.
Which performed better, CLOZ or SCHD?
Over the past year CLOZ returned +4.72% vs +27.90% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), CLOZ annualized +9.74% vs +11.98% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CLOZ or SCHD?
SCHD has been the more volatile fund at 13.3% annualized versus 3.8% for CLOZ. Worst drawdown: CLOZ -5.3% vs SCHD -16.1%.
Should I hold both CLOZ and SCHD?
CLOZ and SCHD have a monthly-return correlation of 0.17, 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, CLOZ or SCHD?
CLOZ yields 7.21% while SCHD yields 3.00%, so CLOZ currently pays the higher dividend yield.
Is SCHD better than CLOZ?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.