GMMA vs SCHD
GammaRoad Market Navigation 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 104 holdings.
Side-by-Side Comparison
| Metric | GMMA | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.77% | 0.06% | |
| AUM | $7M | $108.7B | |
| Dividend Yield | 3.45% | 3.13% | |
| Holdings | 4 | 104 | |
| YTD Return | +4.99% | +28.70% | |
| 1Y Return | +8.89% | +32.27% | |
| 3Y Return (annualized) | - | +17.27% | |
| 5Y Return (annualized) | - | +10.23% | |
| Volatility (annualized) | 6.3% | 13.7% | |
| Max Drawdown | -5.7% | -33.4% | |
| Fund Family | GammaRoad | Charles Schwab Asset Management | |
| Category | Allocation/Balanced | Equity | |
| Inception | Sep 16, 2024 | Oct 20, 2011 |
GMMA vs SCHD Performance
GammaRoad Market Navigation ETF (GMMA) is a ETF from GammaRoad and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year GMMA returned +8.89% while SCHD returned +32.27%. Year to date, GMMA is up 4.99% versus a gain of 28.70% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 6.3% for GMMA. 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 -5.7% for GMMA 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 0.46. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GMMA charges 0.77% per year while SCHD charges 0.06%. On a $10,000 position that is $77 vs $6 annually, a gap of $71 per year that compounds over a long holding period. On income, GMMA currently yields 3.45% against 3.13% for SCHD.
Holdings Overlap
GMMA and SCHD share 0 holdings out of 103 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, GMMA or SCHD?
GMMA has an expense ratio of 0.77% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $71 per year of difference.
Which performed better, GMMA or SCHD?
Over the past year GMMA returned +8.89% vs +32.27% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), GMMA annualized +7.20% vs +11.63% for SCHD. Past performance does not guarantee future results.
Which is riskier, GMMA or SCHD?
SCHD has been the more volatile fund at 13.7% annualized versus 6.3% for GMMA. Worst drawdown: GMMA -5.7% vs SCHD -33.4%.
Should I hold both GMMA and SCHD?
GMMA and SCHD have a monthly-return correlation of 0.46, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GMMA and SCHD?
GMMA and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, GMMA or SCHD?
GMMA yields 3.45% while SCHD yields 3.13%, so GMMA currently pays the higher dividend yield.
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