MAYT vs SCHD
MAYT vs SCHD
AllianzIM US Equity Buffer10 May 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 | MAYT | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.74% | 0.06% | |
| AUM | $228M | $103.7B | |
| Dividend Yield | 0.00% | 3.31% | |
| Holdings | 5 | 104 | |
| YTD Return | +7.85% | +24.26% | |
| 1Y Return | +12.96% | +31.38% | |
| 3Y Return (annualized) | +14.53% | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 6.6% | 13.6% | |
| Max Drawdown | -12.0% | -33.4% | |
| Fund Family | AllianzIM | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Apr 28, 2023 | Oct 20, 2011 |
MAYT vs SCHD Performance
AllianzIM US Equity Buffer10 May ETF (MAYT) is a ETF from AllianzIM and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year MAYT returned +12.96% while SCHD returned +31.38%. Year to date, MAYT is up 7.85% versus a gain of 24.26% for SCHD.
Over three years, MAYT compounded at +14.53% per year against +15.08% for SCHD. Across the full 3-year window we track, MAYT has the edge at +15.29% annualized vs +11.39%. 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 6.6% for MAYT. 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 -12.0% for MAYT 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 0.56. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MAYT charges 0.74% per year while SCHD charges 0.06%. On a $10,000 position that is $74 vs $6 annually, a gap of $68 per year that compounds over a long holding period. On income, MAYT currently yields 0.00% against 3.31% for SCHD.
Frequently Asked Questions
Which is cheaper, MAYT or SCHD?
MAYT has an expense ratio of 0.74% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $68 per year of difference.
Which performed better, MAYT or SCHD?
Over the past year MAYT returned +12.96% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), MAYT annualized +15.29% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, MAYT or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 6.6% for MAYT. Worst drawdown: MAYT -12.0% vs SCHD -33.4%.
Should I hold both MAYT and SCHD?
MAYT and SCHD have a monthly-return correlation of 0.56, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, MAYT or SCHD?
MAYT yields 0.00% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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