GPZ vs SCHD
VanEck Alternative Asset Manager ETF vs Schwab US Dividend Equity ETF
Which is better, GPZ or SCHD?
Multi Alternative against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 70.3%.
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 | GPZ | SCHD |
|---|---|---|
| Expense Ratio | 0.40% | 0.06%Best |
| AUM | $259M | $112.2B |
| Dividend Yield | 0.98% | 3.13% |
| Holdings | 21 | 103 |
| YTD Return | -10.89% | +28.59%Best |
| 1Y Return | -10.35% | +31.77%Best |
| 3Y Return (annualized) | - | +16.70% |
| 5Y Return (annualized) | - | +10.09% |
| Volatility (annualized) | 24.3% | 12.2%Best |
| Max Drawdown | -31.7% | -4.6%Best |
| $10,000 over 1.2 years | $9,926 | $13,829Best |
| Top 10 Weight | 70.3% | 41.5%Best |
| Fund Family | VanEck | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | Jun 4, 2025 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jun 5, 2025 to Sep 3, 2026 (1.2 years).
GPZ 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 1.2 years both funds cover.
GPZ vs SCHD Performance
VanEck Alternative Asset Manager ETF (GPZ) is an ETF from VanEck and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year GPZ returned -10.35% while SCHD returned +31.77%. Year to date, GPZ is down 10.89% versus a gain of 28.59% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GPZ has been the more volatile fund, with annualized monthly volatility of 24.3% compared with 12.2% 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 -31.7% for GPZ and -4.6% 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 0.13. They move largely independently of each other.
Fees and Cost Over Time
GPZ charges 0.40% per year while SCHD charges 0.06%. On a $10,000 position that is $40 vs $6 annually, a gap of $34 per year that compounds over a long holding period. On income, GPZ currently yields 0.98% against 3.13% for SCHD.
Holdings Overlap
19.3% of GPZ's money is in holdings SCHD also owns. 3.3% of SCHD's money is in holdings GPZ also owns.
GPZ and SCHD share little of their money.
2 positions in common, counted across the 20 positions we hold weights for in GPZ and 100 in SCHD, against full books of 21 and 103.
What only one of them owns
Our book lists 97 positions for SCHD that do not appear in our book for GPZ (96.6% of the fund), and 9 for GPZ that do not appear in SCHD (40.4%).
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.
You are not choosing between two funds in isolation.
Whichever of GPZ 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, GPZ or SCHD?
GPZ has an expense ratio of 0.40% while SCHD charges 0.06%. SCHD is the cheaper option, by $34 a year on a $10,000 investment.
Which performed better, GPZ or SCHD?
Over the past year GPZ returned -10.35% vs +31.77% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), GPZ annualized -0.62% vs +31.02% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GPZ or SCHD?
GPZ has been the more volatile fund at 24.3% annualized versus 12.2% for SCHD. Worst drawdown: GPZ -31.7% vs SCHD -4.6%.
Should I hold both GPZ and SCHD?
GPZ and SCHD have a monthly-return correlation of 0.13, 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 GPZ and SCHD?
19.3% of GPZ's money is in holdings SCHD also owns. 3.3% of SCHD's is in holdings GPZ also owns. They hold 2 positions in common, counted across the 20 positions we hold weights for in GPZ and 100 in SCHD.
Which pays a higher dividend, GPZ or SCHD?
GPZ yields 0.98% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than GPZ?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 70.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.