FEPI vs SCHD
REX FANG & Innovation Equity Premium 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 | FEPI | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.06% | |
| AUM | $642M | $103.7B | |
| Dividend Yield | 24.65% | 3.31% | |
| Holdings | 62 | 104 | |
| YTD Return | +5.75% | +25.58% | |
| 1Y Return | +12.78% | +31.06% | |
| 3Y Return (annualized) | - | +15.55% | |
| 5Y Return (annualized) | - | +9.61% | |
| Volatility (annualized) | 16.4% | 13.6% | |
| Max Drawdown | -23.6% | -33.4% | |
| Fund Family | REX Shares | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Oct 9, 2023 | Oct 20, 2011 |
FEPI vs SCHD Performance
REX FANG & Innovation Equity Premium Income ETF (FEPI) is a ETF from REX Shares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year FEPI returned +12.78% while SCHD returned +31.06%. Year to date, FEPI is up 5.75% versus a gain of 25.58% for SCHD.
Risk: Volatility and Drawdowns
FEPI has been the more volatile fund, with annualized monthly volatility of 16.4% 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 -23.6% for FEPI 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 0.09. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FEPI charges 0.65% per year while SCHD charges 0.06%. On a $10,000 position that is $65 vs $6 annually, a gap of $59 per year that compounds over a long holding period. On income, FEPI currently yields 24.65% against 3.31% for SCHD.
Holdings Overlap
FEPI and SCHD share 0 holdings out of 116 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, FEPI or SCHD?
FEPI has an expense ratio of 0.65% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $59 per year of difference.
Which performed better, FEPI or SCHD?
Over the past year FEPI returned +12.78% vs +31.06% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), FEPI annualized +23.54% vs +11.46% for SCHD. Past performance does not guarantee future results.
Which is riskier, FEPI or SCHD?
FEPI has been the more volatile fund at 16.4% annualized versus 13.6% for SCHD. Worst drawdown: FEPI -23.6% vs SCHD -33.4%.
Should I hold both FEPI and SCHD?
FEPI and SCHD have a monthly-return correlation of 0.09, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FEPI and SCHD?
FEPI and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 116 unique securities.
Which pays a higher dividend, FEPI or SCHD?
FEPI yields 24.65% while SCHD yields 3.31%, so FEPI currently pays the higher dividend yield.
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