DIPS vs SCHD
DIPS vs SCHD
YieldMax Short NVDA Option Income Strategy ETF 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 | DIPS | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.05% | 0.06% | |
| AUM | $8M | $103.7B | |
| Dividend Yield | 62.08% | 3.31% | |
| Holdings | 13 | 104 | |
| YTD Return | -13.90% | +24.26% | |
| 1Y Return | -14.87% | +31.38% | |
| 3Y Return (annualized) | - | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 26.4% | 13.6% | |
| Max Drawdown | -59.9% | -33.4% | |
| Fund Family | YieldMax ETF | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Jul 23, 2024 | Oct 20, 2011 |
DIPS vs SCHD Performance
YieldMax Short NVDA Option Income Strategy ETF (DIPS) is a ETF from YieldMax ETF and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year DIPS returned -14.87% while SCHD returned +31.38%. Year to date, DIPS is down 13.90% versus a gain of 24.26% for SCHD.
Risk: Volatility and Drawdowns
DIPS has been the more volatile fund, with annualized monthly volatility of 26.4% compared with 13.6% for SCHD. 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 -59.9% for DIPS 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 0.13. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DIPS charges 1.05% per year while SCHD charges 0.06%. On a $10,000 position that is $105 vs $6 annually, a gap of $99 per year that compounds over a long holding period. On income, DIPS currently yields 62.08% against 3.31% for SCHD.
Holdings Overlap
DIPS and SCHD share 0 holdings out of 103 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, DIPS or SCHD?
DIPS has an expense ratio of 1.05% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $99 per year of difference.
Which performed better, DIPS or SCHD?
Over the past year DIPS returned -14.87% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), DIPS annualized -32.38% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, DIPS or SCHD?
DIPS has been the more volatile fund at 26.4% annualized versus 13.6% for SCHD. Worst drawdown: DIPS -59.9% vs SCHD -33.4%.
Should I hold both DIPS and SCHD?
DIPS and SCHD have a monthly-return correlation of 0.13, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DIPS and SCHD?
DIPS and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, DIPS or SCHD?
DIPS yields 62.08% while SCHD yields 3.31%, so DIPS currently pays the higher dividend yield.
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