EMO vs SCHD
ClearBridge Energy Midstream Opportunity Fund Inc. vs Schwab US Dividend Equity ETF
Which is better, EMO or SCHD?
Mid Cap Value against Large Cap Value.
SCHD has a lower expense ratio. EMO led over 3Y and 5Y, SCHD over 1Y and the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 73.1%.
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 | EMO | SCHD |
|---|---|---|
| Expense Ratio | 3.37% | 0.06%Best |
| AUM | $1.2B | $112.2B |
| Dividend Yield | 7.36% | 3.13% |
| Holdings | 20 | 103 |
| YTD Return | +27.61%Best | +27.56% |
| 1Y Return | +24.26% | +30.29%Best |
| 3Y Return (annualized) | +29.64%Best | +16.37% |
| 5Y Return (annualized) | +30.09%Best | +10.23% |
| Volatility (annualized) | 41.9% | 13.6%Best |
| Max Drawdown | -97.2% | -33.4%Best |
| $10,000 over 5 years | $37,258Best | $16,274 |
| Top 10 Weight | 73.1% | 41.5%Best |
| Fund Family | Franklin Templeton Investments (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Value |
| Inception | Jun 13, 2011 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 4, 2026 (14.9 years).
EMO 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 14.9 years both funds cover.
EMO vs SCHD Performance
ClearBridge Energy Midstream Opportunity Fund Inc. (EMO) is an ETF from Franklin Templeton Investments (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year EMO returned +24.26% while SCHD returned +30.29%. Year to date, EMO is up 27.61% versus a gain of 27.56% for SCHD.
Over three years, EMO compounded at +29.64% per year against +16.37% for SCHD; over five years the annualized figures are +30.09% and +10.23% respectively. Across the full 15-year window we track, SCHD has the edge at +11.53% annualized vs -0.40%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EMO has been the more volatile fund, with annualized monthly volatility of 41.9% 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 -97.2% for EMO and -33.4% 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 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EMO charges 3.37% per year while SCHD charges 0.06%. On a $10,000 position that is $337 vs $6 annually, a gap of $331 per year that compounds over a long holding period. On income, EMO currently yields 7.36% against 3.13% for SCHD.
Holdings Overlap
6.9% of EMO's money is in holdings SCHD also owns. 1.4% of SCHD's money is in holdings EMO also owns.
EMO and SCHD share little of their money.
1 positions in common, counted across the 22 positions we hold weights for in EMO and 100 in SCHD, against full books of 20 and 103.
What only one of them owns
Our book lists 98 positions for SCHD that do not appear in our book for EMO (98.5% of the fund), and 19 for EMO that do not appear in SCHD (84.8%).
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.
Top Shared Holdings
| Stock | Weight in EMO | Weight in SCHD | Difference |
|---|---|---|---|
| OKEOneok Inc. | 6.93% | 1.36% | 5.57% |
You are not choosing between two funds in isolation.
Whichever of EMO 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, EMO or SCHD?
EMO has an expense ratio of 3.37% while SCHD charges 0.06%. SCHD is the cheaper option, by $331 a year on a $10,000 investment.
Which performed better, EMO or SCHD?
Over the past year EMO returned +24.26% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), EMO annualized -0.40% vs +11.53% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EMO or SCHD?
EMO has been the more volatile fund at 41.9% annualized versus 13.6% for SCHD. Worst drawdown: EMO -97.2% vs SCHD -33.4%.
Should I hold both EMO and SCHD?
EMO and SCHD have a monthly-return correlation of 0.66, 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 EMO and SCHD?
6.9% of EMO's money is in holdings SCHD also owns. 1.4% of SCHD's is in holdings EMO also owns. They hold 1 positions in common, counted across the 22 positions we hold weights for in EMO and 100 in SCHD.
Which pays a higher dividend, EMO or SCHD?
EMO yields 7.36% while SCHD yields 3.13%, so EMO currently pays the higher dividend yield.
Is SCHD better than EMO?
SCHD has a lower expense ratio. EMO led over 3Y and 5Y, SCHD over 1Y and the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 73.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.