CPNQ vs SCHD
Calamos Nasdaq-100 Structured Alt Protection ETF - December vs Schwab US Dividend Equity ETF
Which is better, CPNQ or SCHD?
Multi Alternative against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y 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 | CPNQ | SCHD |
|---|---|---|
| Expense Ratio | 0.69% | 0.06%Best |
| AUM | $22M | $112.1B |
| Dividend Yield | 0.00% | 3.00% |
| Holdings | 5 | 103 |
| YTD Return | +4.52% | +25.07%Best |
| 1Y Return | +6.68% | +27.61%Best |
| 3Y Return (annualized) | - | +15.74% |
| 5Y Return (annualized) | - | +9.89% |
| Volatility (annualized) | 2.8%Best | 13.1% |
| Max Drawdown | -3.5%Best | -15.6% |
| $10,000 over 1.8 years | $11,303 | $12,437Best |
| Fund Family | Calamos Investments | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | Dec 2, 2024 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 2, 2024 to Sep 11, 2026 (1.8 years).
CPNQ 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 1.8 years both funds cover.
CPNQ vs SCHD Performance
Calamos Nasdaq-100 Structured Alt Protection ETF - December (CPNQ) is an ETF from Calamos Investments and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year CPNQ returned +6.68% while SCHD returned +27.61%. Year to date, CPNQ is up 4.52% versus a gain of 25.07% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.1% compared with 2.8% for CPNQ. 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 -3.5% for CPNQ and -15.6% 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 0.10. They move largely independently of each other.
Fees and Cost Over Time
CPNQ charges 0.69% per year while SCHD charges 0.06%. On a $10,000 position that is $69 vs $6 annually, a gap of $63 per year that compounds over a long holding period. On income, CPNQ currently yields 0.00% against 3.00% for SCHD.
You are not choosing between two funds in isolation.
Whichever of CPNQ 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, CPNQ or SCHD?
CPNQ has an expense ratio of 0.69% while SCHD charges 0.06%. SCHD is the cheaper option, by $63 a year on a $10,000 investment.
Which performed better, CPNQ or SCHD?
Over the past year CPNQ returned +6.68% vs +27.61% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), CPNQ annualized +7.04% vs +12.88% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CPNQ or SCHD?
SCHD has been the more volatile fund at 13.1% annualized versus 2.8% for CPNQ. Worst drawdown: CPNQ -3.5% vs SCHD -15.6%.
Should I hold both CPNQ and SCHD?
CPNQ and SCHD have a monthly-return correlation of 0.10, 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, CPNQ or SCHD?
CPNQ yields 0.00% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than CPNQ?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.