CSPF vs SCHD
Cohen & Steers Preferred and Income Opportunities Active ETF vs Schwab US Dividend Equity ETF
Which is better, CSPF or SCHD?
SCHD has been ahead.
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 | CSPF | SCHD |
|---|---|---|
| Expense Ratio | 0.59% | 0.06%Best |
| AUM | $314M | $112.1B |
| Dividend Yield | 5.79% | 3.00% |
| Holdings | 320 | 103 |
| YTD Return | +1.79% | +21.99%Best |
| 1Y Return | +3.07% | +25.92%Best |
| 3Y Return (annualized) | - | +15.66% |
| 5Y Return (annualized) | - | +9.48% |
| Volatility (annualized) | 3.5%Best | 14.3% |
| Max Drawdown | -3.1%Best | -14.0% |
| $10,000 over 1.6 years | $11,015 | $12,527Best |
| Fund Family | Cohen & Steers Funds | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Value |
| Inception | Feb 3, 2025 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Feb 5, 2025 to Sep 23, 2026 (1.6 years).
CSPF 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 1.6 years both funds cover.
CSPF vs SCHD Performance
Cohen & Steers Preferred and Income Opportunities Active ETF (CSPF) is an ETF from Cohen & Steers Funds and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year CSPF returned +3.07% while SCHD returned +25.92%. Year to date, CSPF is up 1.79% versus a gain of 21.99% 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 14.3% compared with 3.5% for CSPF. 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 -3.1% for CSPF 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 0.54. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CSPF charges 0.59% per year while SCHD charges 0.06%. On a $10,000 position that is $59 vs $6 annually, a gap of $53 per year that compounds over a long holding period. On income, CSPF currently yields 5.79% against 3.00% for SCHD.
Holdings Overlap
At least 1.2% of SCHD's money is in holdings CSPF also owns.
Stated as a floor: for CSPF, our book for it covers 37.0% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SCHD and CSPF share little of their money.
1 positions in common, counted across the 138 positions we hold weights for in CSPF and 100 in SCHD, against full books of 320 and 103.
Top Shared Holdings
| Stock | Weight in CSPF | Weight in SCHD | Difference |
|---|---|---|---|
| FITBFifth Third Bancorp | 0.29% | 1.19% | 0.90% |
You are not choosing between two funds in isolation.
Whichever of CSPF 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, CSPF or SCHD?
CSPF has an expense ratio of 0.59% while SCHD charges 0.06%. SCHD is the cheaper option, by $53 a year on a $10,000 investment.
Which performed better, CSPF or SCHD?
Over the past year CSPF returned +3.07% vs +25.92% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), CSPF annualized +6.23% vs +15.12% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CSPF or SCHD?
SCHD has been the more volatile fund at 14.3% annualized versus 3.5% for CSPF. Worst drawdown: CSPF -3.1% vs SCHD -14.0%.
Should I hold both CSPF and SCHD?
CSPF and SCHD have a monthly-return correlation of 0.54, 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 CSPF and SCHD?
At least 1.2% of SCHD's money is in holdings CSPF also owns. Our book for CSPF is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 138 positions we hold weights for in CSPF and 100 in SCHD.
Which pays a higher dividend, CSPF or SCHD?
CSPF yields 5.79% while SCHD yields 3.00%, so CSPF currently pays the higher dividend yield.
Is SCHD better than CSPF?
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.