CPAI vs SCHD

CPAI vs SCHD

Which is better, CPAI or SCHD?

Mid Cap Blend against Large Cap Value.

SCHD has a lower expense ratio. CPAI led over 1Y and the full window. CPAI is less concentrated, with 25.0% of the fund in its ten largest positions against 41.8%.

Lower Fees: SCHDHigher Returns: CPAILess Concentrated: CPAI

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

MetricCPAISCHD
Expense Ratio0.75%0.06%Best
AUM$437M$112.1B
Dividend Yield0.69%3.00%
Holdings51103
YTD Return+26.74%Best+24.59%
1Y Return+36.59%Best+28.14%
3Y Return (annualized)-+15.58%
5Y Return (annualized)-+9.90%
Volatility (annualized)16.8%12.9%Best
Max Drawdown-21.5%-16.1%Best
$10,000 over 2.8 years$20,766Best$15,760
Top 10 Weight25.0%Best41.8%
Fund FamilyCounterpoint Mutual FundsCharles Schwab Asset Management
CategoryEquityEquity
StyleMid Cap BlendLarge Cap Value
InceptionNov 28, 2023Oct 20, 2011

Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Nov 29, 2023 to Sep 10, 2026 (2.8 years).

CPAI 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 2.8 years both funds cover.

CPAI vs SCHD Performance

Counterpoint Quantitative Equity ETF (CPAI) is an ETF from Counterpoint Mutual Funds and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year CPAI returned +36.59% while SCHD returned +28.14%. Year to date, CPAI is up 26.74% versus a gain of 24.59% for SCHD.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

CPAI has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 12.9% 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 -21.5% for CPAI 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 0.57. They move together some of the time, and apart the rest.

Fees and Cost Over Time

CPAI charges 0.75% per year while SCHD charges 0.06%. On a $10,000 position that is $75 vs $6 annually, a gap of $69 per year that compounds over a long holding period. On income, CPAI currently yields 0.69% against 3.00% for SCHD.

Holdings Overlap

CPAI already in SCHD4.3%
SCHD already in CPAI4.3%

4.3% of CPAI's money is in holdings SCHD also owns. 4.3% of SCHD's money is in holdings CPAI also owns.

SCHD and CPAI share little of their money.

2 positions in common, counted across the 50 positions we hold weights for in CPAI and 100 in SCHD, against full books of 51 and 103.

What only one of them owns

Our book lists 97 positions for SCHD that do not appear in our book for CPAI (95.6% of the fund), and 44 for CPAI that do not appear in SCHD (88.0%).

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

StockWeight in CPAIWeight in SCHDDifference
COPConocophillips Co2.18%3.94%1.76%
APAApa Corp2.12%0.37%1.75%

You are not choosing between two funds in isolation.

Whichever of CPAI and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

CPAISCHD

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, CPAI or SCHD?

CPAI has an expense ratio of 0.75% while SCHD charges 0.06%. SCHD is the cheaper option, by $69 a year on a $10,000 investment.

Which performed better, CPAI or SCHD?

Over the past year CPAI returned +36.59% vs +28.14% for SCHD, so CPAI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, CPAI or SCHD?

CPAI has been the more volatile fund at 16.8% annualized versus 12.9% for SCHD. Worst drawdown: CPAI -21.5% vs SCHD -16.1%.

Should I hold both CPAI and SCHD?

CPAI and SCHD have a monthly-return correlation of 0.57, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

What is the holdings overlap between CPAI and SCHD?

4.3% of SCHD's money is in holdings CPAI also owns. 4.3% of SCHD's is in holdings CPAI also owns. They hold 2 positions in common, counted across the 50 positions we hold weights for in CPAI and 100 in SCHD.

Which pays a higher dividend, CPAI or SCHD?

CPAI yields 0.69% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.

Is SCHD better than CPAI?

SCHD has a lower expense ratio. CPAI led over 1Y and the full window. CPAI is less concentrated, with 25.0% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.