MAYW vs SCHD
AllianzIM US Equity Buffer20 May ETF vs Schwab US Dividend Equity ETF
Which is better, MAYW or SCHD?
Multi Alternative against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | MAYW | SCHD |
|---|---|---|
| Expense Ratio | 0.74% | 0.06%Best |
| AUM | $453M | $112.1B |
| Dividend Yield | 0.00% | 3.00% |
| Holdings | 5 | 103 |
| YTD Return | +5.53% | +23.46%Best |
| 1Y Return | +7.64% | +27.20%Best |
| 3Y Return (annualized) | +10.80% | +15.41%Best |
| 5Y Return (annualized) | - | +10.16% |
| Volatility (annualized) | 3.8%Best | 13.4% |
| Max Drawdown | -7.9%Best | -16.1% |
| $10,000 over 3.4 years | $14,137 | $15,715Best |
| Fund Family | AllianzIM | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | Apr 28, 2023 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: May 1, 2023 to Sep 18, 2026 (3.4 years).
MAYW vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.4 years both funds cover.
MAYW vs SCHD Performance
AllianzIM US Equity Buffer20 May ETF (MAYW) is an ETF from AllianzIM and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year MAYW returned +7.64% while SCHD returned +27.20%. Year to date, MAYW is up 5.53% versus a gain of 23.46% for SCHD.
Over three years, MAYW compounded at +10.80% per year against +15.41% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.4% compared with 3.8% for MAYW. 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 -7.9% for MAYW and -16.1% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.52. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MAYW 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, MAYW currently yields 0.00% against 3.00% for SCHD.
You are not choosing between two funds in isolation.
Whichever of MAYW and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MAYW or SCHD?
MAYW has an expense ratio of 0.74% while SCHD charges 0.06%. SCHD is the cheaper option, by $68 a year on a $10,000 investment.
Which performed better, MAYW or SCHD?
Over the past year MAYW returned +7.64% vs +27.20% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MAYW or SCHD?
SCHD has been the more volatile fund at 13.4% annualized versus 3.8% for MAYW. Worst drawdown: MAYW -7.9% vs SCHD -16.1%.
Should I hold both MAYW and SCHD?
MAYW and SCHD have a monthly-return correlation of 0.52, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, MAYW or SCHD?
MAYW yields 0.00% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than MAYW?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.