GPZ vs SCHD
VanEck Alternative Asset Manager 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 | GPZ | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.40% | 0.06% | |
| AUM | $243M | $103.7B | |
| Dividend Yield | 1.05% | 3.31% | |
| Holdings | 25 | 104 | |
| YTD Return | -7.53% | +25.58% | |
| 1Y Return | -10.98% | +31.06% | |
| 3Y Return (annualized) | - | +15.55% | |
| 5Y Return (annualized) | - | +9.61% | |
| Volatility (annualized) | 25.6% | 13.6% | |
| Max Drawdown | -31.7% | -33.4% | |
| Fund Family | VanEck | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Jun 4, 2025 | Oct 20, 2011 |
GPZ vs SCHD Performance
VanEck Alternative Asset Manager ETF (GPZ) is a ETF from VanEck and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year GPZ returned -10.98% while SCHD returned +31.06%. Year to date, GPZ is down 7.53% versus a gain of 25.58% for SCHD.
Risk: Volatility and Drawdowns
GPZ has been the more volatile fund, with annualized monthly volatility of 25.6% 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 -31.7% for GPZ 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 0.08. They move independently enough that combining them can meaningfully diversify a portfolio.
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 1.05% against 3.31% for SCHD.
Holdings Overlap
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. On a $10,000 investment, that is $34 per year of difference.
Which performed better, GPZ or SCHD?
Over the past year GPZ returned -10.98% vs +31.06% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), GPZ annualized +2.51% vs +11.46% for SCHD. Past performance does not guarantee future results.
Which is riskier, GPZ or SCHD?
GPZ has been the more volatile fund at 25.6% annualized versus 13.6% for SCHD. Worst drawdown: GPZ -31.7% vs SCHD -33.4%.
Should I hold both GPZ and SCHD?
GPZ and SCHD have a monthly-return correlation of 0.08, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GPZ and SCHD?
GPZ and SCHD share 2 common holdings with a 3.0% weight overlap. Combined, they hold 117 unique securities.
Which pays a higher dividend, GPZ or SCHD?
GPZ yields 1.05% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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