IOPP vs SCHD
Simplify Tara India Opportunities 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 104 holdings.
Side-by-Side Comparison
| Metric | IOPP | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.73% | 0.06% | |
| AUM | $7M | $108.7B | |
| Dividend Yield | 0.38% | 3.13% | |
| Holdings | 27 | 104 | |
| YTD Return | -0.62% | +25.69% | |
| 1Y Return | -2.38% | +30.41% | |
| 3Y Return (annualized) | - | +16.03% | |
| 5Y Return (annualized) | - | +9.64% | |
| Volatility (annualized) | 15.1% | 13.6% | |
| Max Drawdown | -23.7% | -33.4% | |
| Fund Family | Simplify Exchange Traded Funds | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Mar 4, 2024 | Oct 20, 2011 |
IOPP vs SCHD Performance
Simplify Tara India Opportunities ETF (IOPP) is a ETF from Simplify Exchange Traded Funds and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year IOPP returned -2.38% while SCHD returned +30.41%. Year to date, IOPP is down 0.62% versus a gain of 25.69% for SCHD.
Risk: Volatility and Drawdowns
IOPP has been the more volatile fund, with annualized monthly volatility of 15.1% 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 -23.7% for IOPP 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 -0.02. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IOPP charges 0.73% per year while SCHD charges 0.06%. On a $10,000 position that is $73 vs $6 annually, a gap of $67 per year that compounds over a long holding period. On income, IOPP currently yields 0.38% against 3.13% for SCHD.
Holdings Overlap
IOPP and SCHD share 0 holdings out of 126 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IOPP or SCHD?
IOPP has an expense ratio of 0.73% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $67 per year of difference.
Which performed better, IOPP or SCHD?
Over the past year IOPP returned -2.38% vs +30.41% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), IOPP annualized +6.10% vs +11.46% for SCHD. Past performance does not guarantee future results.
Which is riskier, IOPP or SCHD?
IOPP has been the more volatile fund at 15.1% annualized versus 13.6% for SCHD. Worst drawdown: IOPP -23.7% vs SCHD -33.4%.
Should I hold both IOPP and SCHD?
IOPP and SCHD have a monthly-return correlation of -0.02, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IOPP and SCHD?
IOPP and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 126 unique securities.
Which pays a higher dividend, IOPP or SCHD?
IOPP yields 0.38% while SCHD yields 3.13%, so SCHD 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.