EIPI vs SCHD
FT Energy Income Partners Enhanced Income 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 | EIPI | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.11% | 0.06% | |
| AUM | $1.1B | $103.7B | |
| Dividend Yield | 7.44% | 3.31% | |
| Holdings | 127 | 104 | |
| YTD Return | +14.75% | +24.26% | |
| 1Y Return | +20.64% | +31.38% | |
| 3Y Return (annualized) | - | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 11.0% | 13.6% | |
| Max Drawdown | -12.3% | -33.4% | |
| Fund Family | First Trust Portfolios (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Sep 27, 2011 | Oct 20, 2011 |
EIPI vs SCHD Performance
FT Energy Income Partners Enhanced Income ETF (EIPI) is a ETF from First Trust Portfolios (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year EIPI returned +20.64% while SCHD returned +31.38%. Year to date, EIPI is up 14.75% 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 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 -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 0.77. 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 7.44% against 3.31% for SCHD.
Holdings Overlap
EIPI and SCHD share 4 holdings out of 170 unique holdings combined, representing a 4.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $105 per year of difference.
Which performed better, EIPI or SCHD?
Over the past year EIPI returned +20.64% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), EIPI annualized +17.52% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, EIPI or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 11.0% for EIPI. Worst drawdown: EIPI -12.3% vs SCHD -33.4%.
Should I hold both EIPI and SCHD?
EIPI and SCHD have a monthly-return correlation of 0.77, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EIPI and SCHD?
EIPI and SCHD share 4 common holdings with a 4.6% weight overlap. Combined, they hold 170 unique securities.
Which pays a higher dividend, EIPI or SCHD?
EIPI yields 7.44% while SCHD yields 3.31%, so EIPI currently pays the higher dividend yield.
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