Infrastructure Capital Equity Income ETF (ICAP) is a ETF from Infrastructure Capital Advisors, LLC and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year ICAP returned +21.14% while SCHD returned +31.38%. Year to date, ICAP is up 10.28% versus a gain of 24.26% for SCHD.

Over three years, ICAP compounded at +17.16% per year against +15.08% for SCHD. Across the full 5-year window we track, SCHD has the edge at +11.39% annualized vs +8.58%. Past performance does not guarantee future results.

ICAP has been the more volatile fund, with annualized monthly volatility of 19.5% 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 -24.2% for ICAP 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 0.83. They usually move together, but the gap leaves some room for diversification.

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 10.77% against 3.31% for SCHD.