IMRA vs SCHD
Bitwise MARA Option Income Strategy 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 | IMRA | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.98% | 0.06% | |
| AUM | $2M | $103.7B | |
| Dividend Yield | 100.64% | 3.31% | |
| Holdings | 5 | 104 | |
| YTD Return | +0.10% | +25.33% | |
| 1Y Return | -39.00% | +32.31% | |
| 3Y Return (annualized) | - | +15.40% | |
| 5Y Return (annualized) | - | +9.70% | |
| Volatility (annualized) | 50.2% | 13.6% | |
| Max Drawdown | -61.5% | -33.4% | |
| Fund Family | Bitwise | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Apr 1, 2025 | Oct 20, 2011 |
IMRA vs SCHD Performance
Bitwise MARA Option Income Strategy ETF (IMRA) is a ETF from Bitwise and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year IMRA returned -39.00% while SCHD returned +32.31%. Year to date, IMRA is up 0.10% versus a gain of 25.33% for SCHD.
Risk: Volatility and Drawdowns
IMRA has been the more volatile fund, with annualized monthly volatility of 50.2% 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 -61.5% for IMRA 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 0.18. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IMRA charges 0.98% per year while SCHD charges 0.06%. On a $10,000 position that is $98 vs $6 annually, a gap of $92 per year that compounds over a long holding period. On income, IMRA currently yields 100.64% against 3.31% for SCHD.
Frequently Asked Questions
Which is cheaper, IMRA or SCHD?
IMRA has an expense ratio of 0.98% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $92 per year of difference.
Which performed better, IMRA or SCHD?
Over the past year IMRA returned -39.00% vs +32.31% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), IMRA annualized -21.39% vs +11.45% for SCHD. Past performance does not guarantee future results.
Which is riskier, IMRA or SCHD?
IMRA has been the more volatile fund at 50.2% annualized versus 13.6% for SCHD. Worst drawdown: IMRA -61.5% vs SCHD -33.4%.
Should I hold both IMRA and SCHD?
IMRA and SCHD have a monthly-return correlation of 0.18, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, IMRA or SCHD?
IMRA yields 100.64% while SCHD yields 3.31%, so IMRA currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.