EIPI vs SCHD
FT Energy Income Partners Enhanced Income ETF vs Schwab US Dividend Equity ETF
Which is better, EIPI or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. EIPI led over the full window, SCHD over 1Y. EIPI is less concentrated, with 40.4% of the fund in its ten largest positions against 41.8%.
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 | EIPI | SCHD |
|---|---|---|
| Expense Ratio | 1.11% | 0.06%Best |
| AUM | $1.1B | $112.1B |
| Dividend Yield | 7.15% | 3.00% |
| Holdings | 112 | 103 |
| YTD Return | +15.80% | +24.04%Best |
| 1Y Return | +20.97% | +27.95%Best |
| 3Y Return (annualized) | - | +15.51% |
| 5Y Return (annualized) | - | +9.80% |
| Volatility (annualized) | 11.0%Best | 13.2% |
| Max Drawdown | -12.3%Best | -16.1% |
| $10,000 over 2.4 years | $14,603Best | $14,202 |
| Top 10 Weight | 40.4%Best | 41.8% |
| Fund Family | First Trust Portfolios (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Sep 27, 2011 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 6, 2024 to Sep 16, 2026 (2.4 years).
EIPI 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 2.4 years both funds cover.
EIPI vs SCHD Performance
FT Energy Income Partners Enhanced Income ETF (EIPI) is an ETF from First Trust Portfolios (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year EIPI returned +20.97% while SCHD returned +27.95%. Year to date, EIPI is up 15.80% versus a gain of 24.04% 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 13.2% compared with 11.0% for EIPI. 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 -12.3% for EIPI and -16.1% 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EIPI charges 1.11% per year while SCHD charges 0.06%. On a $10,000 position that is $111 vs $6 annually, a gap of $105 per year that compounds over a long holding period. On income, EIPI currently yields 7.15% against 3.00% for SCHD.
Holdings Overlap
7.1% of EIPI's money is in holdings SCHD also owns. 5.6% of SCHD's money is in holdings EIPI also owns.
EIPI and SCHD share little of their money.
4 positions in common, counted across the 75 positions we hold weights for in EIPI and 100 in SCHD, against full books of 112 and 103.
What only one of them owns
Our book lists 95 positions for SCHD that do not appear in our book for EIPI (94.3% of the fund), and 64 for EIPI that do not appear in SCHD (84.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of EIPI 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, EIPI or SCHD?
EIPI has an expense ratio of 1.11% while SCHD charges 0.06%. SCHD is the cheaper option, by $105 a year on a $10,000 investment.
Which performed better, EIPI or SCHD?
Over the past year EIPI returned +20.97% vs +27.95% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), EIPI annualized +17.09% vs +15.74% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EIPI or SCHD?
SCHD has been the more volatile fund at 13.2% annualized versus 11.0% for EIPI. Worst drawdown: EIPI -12.3% vs SCHD -16.1%.
Should I hold both EIPI and SCHD?
EIPI and SCHD have a monthly-return correlation of 0.79, 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 EIPI and SCHD?
7.1% of EIPI's money is in holdings SCHD also owns. 5.6% of SCHD's is in holdings EIPI also owns. They hold 4 positions in common, counted across the 75 positions we hold weights for in EIPI and 100 in SCHD.
Which pays a higher dividend, EIPI or SCHD?
EIPI yields 7.15% while SCHD yields 3.00%, so EIPI currently pays the higher dividend yield.
Is SCHD better than EIPI?
SCHD has a lower expense ratio. EIPI led over the full window, SCHD over 1Y. EIPI is less concentrated, with 40.4% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.