ISWN vs SCHD
Amplify BlackSwan ISWN 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 | ISWN | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.49% | 0.06% | |
| AUM | $36M | $103.7B | |
| Dividend Yield | 2.86% | 3.31% | |
| Holdings | 14 | 104 | |
| YTD Return | +6.93% | +25.58% | |
| 1Y Return | +12.43% | +31.06% | |
| 3Y Return (annualized) | +9.95% | +15.55% | |
| 5Y Return (annualized) | -0.14% | +9.61% | |
| Volatility (annualized) | 12.6% | 13.6% | |
| Max Drawdown | -32.4% | -33.4% | |
| Fund Family | Amplify ETFs | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Jan 26, 2021 | Oct 20, 2011 |
ISWN vs SCHD Performance
Amplify BlackSwan ISWN ETF (ISWN) is a ETF from Amplify ETFs and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year ISWN returned +12.43% while SCHD returned +31.06%. Year to date, ISWN is up 6.93% versus a gain of 25.58% for SCHD.
Over three years, ISWN compounded at +9.95% per year against +15.55% for SCHD; over five years the annualized figures are -0.14% and +9.61% respectively. Across the full 6-year window we track, SCHD has the edge at +11.46% annualized vs +0.49%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 12.6% for ISWN. 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 -32.4% for ISWN 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 0.59. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ISWN charges 0.49% per year while SCHD charges 0.06%. On a $10,000 position that is $49 vs $6 annually, a gap of $43 per year that compounds over a long holding period. On income, ISWN currently yields 2.86% against 3.31% for SCHD.
Holdings Overlap
ISWN and SCHD share 0 holdings out of 109 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, ISWN or SCHD?
ISWN has an expense ratio of 0.49% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $43 per year of difference.
Which performed better, ISWN or SCHD?
Over the past year ISWN returned +12.43% vs +31.06% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), ISWN annualized +0.49% vs +11.46% for SCHD. Past performance does not guarantee future results.
Which is riskier, ISWN or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 12.6% for ISWN. Worst drawdown: ISWN -32.4% vs SCHD -33.4%.
Should I hold both ISWN and SCHD?
ISWN and SCHD have a monthly-return correlation of 0.59, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ISWN and SCHD?
ISWN and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 109 unique securities.
Which pays a higher dividend, ISWN or SCHD?
ISWN yields 2.86% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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