CPRA vs SCHD
Calamos Russell 2000 Structured Alt Protection ETF - April vs Schwab US Dividend Equity ETF
Which is better, CPRA 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 | CPRA | SCHD |
|---|---|---|
| Expense Ratio | 0.69% | 0.06%Best |
| AUM | $13M | $112.1B |
| Dividend Yield | 0.00% | 3.00% |
| Holdings | 5 | 103 |
| YTD Return | +4.73% | +21.33%Best |
| 1Y Return | +6.66% | +25.15%Best |
| 3Y Return (annualized) | - | +15.43% |
| 5Y Return (annualized) | - | +9.32% |
| Volatility (annualized) | 1.6%Best | 12.9% |
| Max Drawdown | -1.7%Best | -12.7% |
| $10,000 over 1.5 years | $11,225 | $12,468Best |
| Fund Family | Calamos Investments | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | Apr 1, 2025 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Apr 1, 2025 to Sep 24, 2026 (1.5 years).
CPRA 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 1.5 years both funds cover.
CPRA vs SCHD Performance
Calamos Russell 2000 Structured Alt Protection ETF - April (CPRA) 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 CPRA returned +6.66% while SCHD returned +25.15%. Year to date, CPRA is up 4.73% versus a gain of 21.33% 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 12.9% compared with 1.6% for CPRA. 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 -1.7% for CPRA and -12.7% 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 0.41. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CPRA 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, CPRA currently yields 0.00% against 3.00% for SCHD.
You are not choosing between two funds in isolation.
Whichever of CPRA 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, CPRA or SCHD?
CPRA 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, CPRA or SCHD?
Over the past year CPRA returned +6.66% vs +25.15% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), CPRA annualized +8.01% vs +15.84% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CPRA or SCHD?
SCHD has been the more volatile fund at 12.9% annualized versus 1.6% for CPRA. Worst drawdown: CPRA -1.7% vs SCHD -12.7%.
Should I hold both CPRA and SCHD?
CPRA and SCHD have a monthly-return correlation of 0.41, 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, CPRA or SCHD?
CPRA yields 0.00% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than CPRA?
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.