Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricGHMSSCHDWinner
Expense Ratio1.42%0.06%
AUM$17M$103.7B
Dividend Yield5.03%3.31%
Holdings29104
YTD Return+3.61%+24.26%
1Y Return+3.37%+31.38%
3Y Return (annualized)-+15.08%
5Y Return (annualized)-+9.72%
Volatility (annualized)4.7%13.6%
Max Drawdown-6.6%-33.4%
Fund FamilyGoose Hollow Capital Management LLCCharles Schwab Asset Management
CategoryFixed IncomeEquity
InceptionNov 14, 2023Oct 20, 2011

GHMS vs SCHD Performance

Goose Hollow Multi-Strategy Income ETF (GHMS) is a ETF from Goose Hollow Capital Management LLC and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year GHMS returned +3.37% while SCHD returned +31.38%. Year to date, GHMS is up 3.61% 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 4.7% for GHMS. 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 -6.6% for GHMS 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 0.21. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

GHMS charges 1.42% per year while SCHD charges 0.06%. On a $10,000 position that is $142 vs $6 annually, a gap of $136 per year that compounds over a long holding period. On income, GHMS currently yields 5.03% against 3.31% for SCHD.

Frequently Asked Questions

Which is cheaper, GHMS or SCHD?

GHMS has an expense ratio of 1.42% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $136 per year of difference.

Which performed better, GHMS or SCHD?

Over the past year GHMS returned +3.37% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), GHMS annualized +2.48% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, GHMS or SCHD?

SCHD has been the more volatile fund at 13.6% annualized versus 4.7% for GHMS. Worst drawdown: GHMS -6.6% vs SCHD -33.4%.

Should I hold both GHMS and SCHD?

GHMS and SCHD have a monthly-return correlation of 0.21, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, GHMS or SCHD?

GHMS yields 5.03% while SCHD yields 3.31%, so GHMS currently pays the higher dividend yield.

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