CONY vs SCHD
YieldMax COIN Option Income Strategy 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 | CONY | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.22% | 0.06% | |
| AUM | $368M | $103.7B | |
| Dividend Yield | 192.35% | 3.31% | |
| Holdings | 23 | 104 | |
| YTD Return | -32.82% | +25.33% | |
| 1Y Return | -48.94% | +32.31% | |
| 3Y Return (annualized) | +4.79% | +15.40% | |
| 5Y Return (annualized) | - | +9.70% | |
| Volatility (annualized) | 60.5% | 13.6% | |
| Max Drawdown | -63.6% | -33.4% | |
| Fund Family | YieldMax ETF | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Aug 14, 2023 | Oct 20, 2011 |
CONY vs SCHD Performance
YieldMax COIN Option Income Strategy ETF (CONY) 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 CONY returned -48.94% while SCHD returned +32.31%. Year to date, CONY is down 32.82% versus a gain of 25.33% for SCHD.
Over three years, CONY compounded at +4.79% per year against +15.40% for SCHD. Across the full 3-year window we track, SCHD has the edge at +11.45% annualized vs +4.79%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CONY has been the more volatile fund, with annualized monthly volatility of 60.5% 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 -63.6% for CONY 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 0.22. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CONY charges 1.22% per year while SCHD charges 0.06%. On a $10,000 position that is $122 vs $6 annually, a gap of $116 per year that compounds over a long holding period. On income, CONY currently yields 192.35% against 3.31% for SCHD.
Holdings Overlap
CONY and SCHD share 0 holdings out of 102 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, CONY or SCHD?
CONY has an expense ratio of 1.22% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $116 per year of difference.
Which performed better, CONY or SCHD?
Over the past year CONY returned -48.94% vs +32.31% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), CONY annualized +4.79% vs +11.45% for SCHD. Past performance does not guarantee future results.
Which is riskier, CONY or SCHD?
CONY has been the more volatile fund at 60.5% annualized versus 13.6% for SCHD. Worst drawdown: CONY -63.6% vs SCHD -33.4%.
Should I hold both CONY and SCHD?
CONY and SCHD have a monthly-return correlation of 0.22, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between CONY and SCHD?
CONY and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 102 unique securities.
Which pays a higher dividend, CONY or SCHD?
CONY yields 192.35% while SCHD yields 3.31%, so CONY currently pays the higher dividend yield.
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