CPSY vs SCHD
Calamos S&P 500 Structured Alt Protection ETF - January vs Schwab US Dividend Equity ETF
Which is better, CPSY or SCHD?
Option Writing 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 | CPSY | SCHD |
|---|---|---|
| Expense Ratio | 0.69% | 0.06%Best |
| AUM | $28M | $112.1B |
| Dividend Yield | 0.00% | 3.00% |
| Holdings | 5 | 103 |
| YTD Return | +3.74% | +24.23%Best |
| 1Y Return | +6.04% | +27.90%Best |
| 3Y Return (annualized) | - | +15.55% |
| 5Y Return (annualized) | - | +9.97% |
| Volatility (annualized) | 2.2%Best | 13.5% |
| Max Drawdown | -3.0%Best | -14.0% |
| $10,000 over 1.7 years | $11,098 | $13,120Best |
| Fund Family | Calamos Investments | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Value |
| Inception | Jan 2, 2025 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Jan 2, 2025 to Sep 17, 2026 (1.7 years).
CPSY 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 1.7 years both funds cover.
CPSY vs SCHD Performance
Calamos S&P 500 Structured Alt Protection ETF - January (CPSY) 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 CPSY returned +6.04% while SCHD returned +27.90%. Year to date, CPSY is up 3.74% versus a gain of 24.23% 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 13.5% compared with 2.2% for CPSY. 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 -3.0% for CPSY and -14.0% 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 0.18. They move largely independently of each other.
Fees and Cost Over Time
CPSY 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, CPSY currently yields 0.00% against 3.00% for SCHD.
You are not choosing between two funds in isolation.
Whichever of CPSY 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, CPSY or SCHD?
CPSY 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, CPSY or SCHD?
Over the past year CPSY returned +6.04% vs +27.90% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), CPSY annualized +6.32% vs +17.32% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CPSY or SCHD?
SCHD has been the more volatile fund at 13.5% annualized versus 2.2% for CPSY. Worst drawdown: CPSY -3.0% vs SCHD -14.0%.
Should I hold both CPSY and SCHD?
CPSY and SCHD have a monthly-return correlation of 0.18, 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, CPSY or SCHD?
CPSY yields 0.00% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than CPSY?
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.