DDTL vs SCHD
Innovator Equity Dual Directional 10 Buffer ETF - July vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | DDTL | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.79% | 0.06% | |
| AUM | $86M | $103.7B | |
| Dividend Yield | 0.00% | 3.31% | |
| Holdings | 7 | 104 | |
| YTD Return | +6.82% | +24.26% | |
| 1Y Return | +12.31% | +31.38% | |
| 3Y Return (annualized) | - | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 4.9% | 13.6% | |
| Max Drawdown | -3.8% | -33.4% | |
| Fund Family | Innovator ETFs Trust | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Jun 30, 2025 | Oct 20, 2011 |
DDTL vs SCHD Performance
Innovator Equity Dual Directional 10 Buffer ETF - July (DDTL) is a ETF from Innovator ETFs Trust and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year DDTL returned +12.31% while SCHD returned +31.38%. Year to date, DDTL is up 6.82% versus a gain of 24.26% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 4.9% for DDTL. 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 -3.8% for DDTL and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.27. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DDTL charges 0.79% per year while SCHD charges 0.06%. On a $10,000 position that is $79 vs $6 annually, a gap of $73 per year that compounds over a long holding period. On income, DDTL currently yields 0.00% against 3.31% for SCHD.
Holdings Overlap
DDTL and SCHD share 0 holdings out of 101 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DDTL or SCHD?
DDTL has an expense ratio of 0.79% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $73 per year of difference.
Which performed better, DDTL or SCHD?
Over the past year DDTL returned +12.31% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), DDTL annualized +12.66% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, DDTL or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 4.9% for DDTL. Worst drawdown: DDTL -3.8% vs SCHD -33.4%.
Should I hold both DDTL and SCHD?
DDTL and SCHD have a monthly-return correlation of 0.27, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DDTL and SCHD?
DDTL and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, DDTL or SCHD?
DDTL yields 0.00% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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