ICAP vs SCHD
Infrastructure Capital Equity Income ETF vs Schwab US Dividend Equity ETF
Which is better, ICAP or SCHD?
Each has led over a different period.
SCHD has a lower expense ratio. ICAP led over 3Y, SCHD over 1Y 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 | ICAP | SCHD |
|---|---|---|
| Expense Ratio | 2.47% | 0.06%Best |
| AUM | $118M | $112.1B |
| Dividend Yield | 10.94% | 3.00% |
| Holdings | 174 | 103 |
| YTD Return | +8.83% | +23.68%Best |
| 1Y Return | +13.22% | +28.36%Best |
| 3Y Return (annualized) | +18.48%Best | +16.20% |
| 5Y Return (annualized) | - | +10.07% |
| Volatility (annualized) | 19.3% | 14.8%Best |
| Max Drawdown | -24.2% | -16.9%Best |
| $10,000 over 4.7 years | $14,383 | $14,692Best |
| Fund Family | Infrastructure Capital Advisors, LLC | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Dec 28, 2021 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.7 years row, are measured over the window both funds cover: Dec 29, 2021 to Sep 22, 2026 (4.7 years).
ICAP 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 4.7 years both funds cover.
ICAP vs SCHD Performance
Infrastructure Capital Equity Income ETF (ICAP) is an ETF from Infrastructure Capital Advisors, LLC and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year ICAP returned +13.22% while SCHD returned +28.36%. Year to date, ICAP is up 8.83% versus a gain of 23.68% for SCHD.
Over three years, ICAP compounded at +18.48% per year against +16.20% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ICAP has been the more volatile fund, with annualized monthly volatility of 19.3% compared with 14.8% 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 -24.2% for ICAP and -16.9% 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ICAP charges 2.47% per year while SCHD charges 0.06%. On a $10,000 position that is $247 vs $6 annually, a gap of $241 per year that compounds over a long holding period. On income, ICAP currently yields 10.94% against 3.00% for SCHD.
Holdings Overlap
At least 29.0% of SCHD's money is in holdings ICAP also owns.
Only one direction is shown: for ICAP, our book for it lists positions totalling 125.5% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
SCHD and ICAP share little of their money.
9 positions in common, counted across the 82 positions we hold weights for in ICAP and 100 in SCHD, against full books of 174 and 103.
Top Shared Holdings
| Stock | Weight in ICAP | Weight in SCHD | Difference |
|---|---|---|---|
| LMTLockheed Martin Corp | 6.33% | 2.78% | 3.55% |
| MRKMerck & Company Inc | 3.00% | 4.77% | 1.77% |
| CVXChevron Corp | 2.27% | 4.02% | 1.75% |
| VZVerizon Communic | 1.15% | 3.97% | 2.82% |
| KOCoca Cola Co. | 0.43% | 4.17% | 3.74% |
| PEPPepsico Inc. | 0.76% | 3.64% | 2.88% |
| BXBlackstone Group Inc. Class A | 1.41% | 2.59% | 1.18% |
| EOGEog Resources Inc | 1.01% | 1.88% | 0.87% |
| FITBFifth Third Bancorp | 1.23% | 1.19% | 0.04% |
29.0% of SCHD is already inside ICAP.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ICAP or SCHD?
ICAP has an expense ratio of 2.47% while SCHD charges 0.06%. SCHD is the cheaper option, by $241 a year on a $10,000 investment.
Which performed better, ICAP or SCHD?
Over the past year ICAP returned +13.22% vs +28.36% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ICAP or SCHD?
ICAP has been the more volatile fund at 19.3% annualized versus 14.8% for SCHD. Worst drawdown: ICAP -24.2% vs SCHD -16.9%.
Should I hold both ICAP and SCHD?
ICAP and SCHD have a monthly-return correlation of 0.82, 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 ICAP and SCHD?
At least 29.0% of SCHD's money is in holdings ICAP also owns. Our book for ICAP is partial, so the real figure is this or higher. They hold 9 positions in common, counted across the 82 positions we hold weights for in ICAP and 100 in SCHD.
Which pays a higher dividend, ICAP or SCHD?
ICAP yields 10.94% while SCHD yields 3.00%, so ICAP currently pays the higher dividend yield.
Is SCHD better than ICAP?
SCHD has a lower expense ratio. ICAP led over 3Y, SCHD over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.