GOP vs SCHD

GOP vs SCHD
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Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. GOP offers more diversification with 141 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: GOP

Side-by-Side Comparison

MetricGOPSCHDWinner
Expense Ratio0.73%0.06%
AUM$91M$108.7B
Dividend Yield0.58%3.13%
Holdings141104
YTD Return+20.93%+28.63%
1Y Return+27.95%+32.53%
3Y Return (annualized)+21.65%+16.97%
5Y Return (annualized)-+10.47%
Volatility (annualized)13.4%13.7%
Max Drawdown-20.7%-33.4%
Fund FamilySubversive CapitalCharles Schwab Asset Management
CategoryEquityEquity
InceptionFeb 7, 2023Oct 20, 2011

GOP vs SCHD Performance

Subversive Congressional Republicans Trading ETF (GOP) is a ETF from Subversive Capital and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year GOP returned +27.95% while SCHD returned +32.53%. Year to date, GOP is up 20.93% versus a gain of 28.63% for SCHD.

Over three years, GOP compounded at +21.65% per year against +16.97% for SCHD. Across the full 4-year window we track, GOP has the edge at +18.03% annualized vs +11.63%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 13.4% for GOP. 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 -20.7% for GOP 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 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

GOP charges 0.73% per year while SCHD charges 0.06%. On a $10,000 position that is $73 vs $6 annually, a gap of $67 per year that compounds over a long holding period. On income, GOP currently yields 0.58% against 3.13% for SCHD.

Holdings Overlap

7.4%overlap

GOP and SCHD share 12 holdings out of 228 unique holdings combined, representing a 7.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in GOPWeight in SCHDDifference
CVX1.67%3.74%2.07%
COP1.50%3.59%2.09%
TXN1.37%3.53%2.16%
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Frequently Asked Questions

Which is cheaper, GOP or SCHD?

GOP has an expense ratio of 0.73% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $67 per year of difference.

Which performed better, GOP or SCHD?

Over the past year GOP returned +27.95% vs +32.53% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), GOP annualized +18.03% vs +11.63% for SCHD. Past performance does not guarantee future results.

Which is riskier, GOP or SCHD?

SCHD has been the more volatile fund at 13.7% annualized versus 13.4% for GOP. Worst drawdown: GOP -20.7% vs SCHD -33.4%.

Should I hold both GOP and SCHD?

GOP and SCHD have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between GOP and SCHD?

GOP and SCHD share 12 common holdings with a 7.4% weight overlap. Combined, they hold 228 unique securities.

Which pays a higher dividend, GOP or SCHD?

GOP yields 0.58% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.

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