GYLD vs SCHD
Arrow Dow Jones Global Yield ETF vs Schwab US Dividend Equity ETF
Which is better, GYLD or SCHD?
Allocation/Balanced against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window.
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 | GYLD | SCHD |
|---|---|---|
| Expense Ratio | 0.75% | 0.06%Best |
| AUM | $38M | $112.1B |
| Dividend Yield | 7.20% | 3.00% |
| Holdings | 155 | 103 |
| YTD Return | +10.35% | +24.59%Best |
| 1Y Return | +12.21% | +28.14%Best |
| 3Y Return (annualized) | +14.06% | +15.58%Best |
| 5Y Return (annualized) | +7.20% | +9.90%Best |
| Volatility (annualized) | 16.3% | 13.8%Best |
| Max Drawdown | -70.0% | -33.4%Best |
| $10,000 over 5 years | $14,157 | $16,032Best |
| Fund Family | Arrow Investment Trust | Charles Schwab Asset Management |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Value |
| Inception | May 8, 2012 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 8, 2012 to Sep 10, 2026 (14.3 years).
GYLD 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 14.3 years both funds cover.
GYLD vs SCHD Performance
Arrow Dow Jones Global Yield ETF (GYLD) is an ETF from Arrow Investment Trust and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year GYLD returned +12.21% while SCHD returned +28.14%. Year to date, GYLD is up 10.35% versus a gain of 24.59% for SCHD.
Over three years, GYLD compounded at +14.06% per year against +15.58% for SCHD; over five years the annualized figures are +7.20% and +9.90% respectively. Across the full 14-year window we track, SCHD has the edge at +11.05% annualized vs -0.96%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GYLD has been the more volatile fund, with annualized monthly volatility of 16.3% compared with 13.8% 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 -70.0% for GYLD and -33.4% 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GYLD charges 0.75% per year while SCHD charges 0.06%. On a $10,000 position that is $75 vs $6 annually, a gap of $69 per year that compounds over a long holding period. On income, GYLD currently yields 7.20% against 3.00% for SCHD.
Holdings Overlap
At least 0.2% of SCHD's money is in holdings GYLD also owns.
Stated as a floor: for GYLD, our book for it covers 79.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 118 positions we hold weights for in GYLD and 100 in SCHD, against full books of 155 and 103.
You are not choosing between two funds in isolation.
Whichever of GYLD 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, GYLD or SCHD?
GYLD has an expense ratio of 0.75% while SCHD charges 0.06%. SCHD is the cheaper option, by $69 a year on a $10,000 investment.
Which performed better, GYLD or SCHD?
Over the past year GYLD returned +12.21% vs +28.14% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (14 years), GYLD annualized -0.96% vs +11.05% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GYLD or SCHD?
GYLD has been the more volatile fund at 16.3% annualized versus 13.8% for SCHD. Worst drawdown: GYLD -70.0% vs SCHD -33.4%.
Should I hold both GYLD and SCHD?
GYLD and SCHD have a monthly-return correlation of 0.74, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, GYLD or SCHD?
GYLD yields 7.20% while SCHD yields 3.00%, so GYLD currently pays the higher dividend yield.
Is SCHD better than GYLD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.