NTRL vs SCHD
First Trust Equity Market Neutral ETF vs Schwab US Dividend Equity ETF
Which is better, NTRL or SCHD?
Market Neutral Strategy against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y 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 | NTRL | SCHD |
|---|---|---|
| Expense Ratio | 0.95% | 0.06%Best |
| AUM | $16M | $108.9B |
| Dividend Yield | 2.88% | 3.00% |
| Holdings | 24 | 206 |
| Volatility (annualized) | - | 12.4% |
| Max Drawdown | -25.2% | -10.8%Best |
| $10,000 over 1.4 years | $8,467 | $12,710Best |
| Fund Family | First Trust Portfolios (US) | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Market Neutral Strategy | Large Cap Value |
| Inception | Feb 4, 2020 | Oct 20, 2011 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 699 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. NTRL has data through Nov 1, 2024 and SCHD through Oct 1, 2026.
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: May 25, 2023 to Nov 1, 2024 (1.4 years).
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -25.2% for NTRL and -10.8% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
Fees and Cost Over Time
NTRL charges 0.95% per year while SCHD charges 0.06%. On a $10,000 position that is $95 vs $6 annually, a gap of $89 per year that compounds over a long holding period. On income, NTRL currently yields 2.88% against 3.00% for SCHD.
Holdings Overlap
At least 25.1% of SCHD's money is in holdings NTRL also owns.
Only one direction is shown: for NTRL, our book for it lists positions totalling 185.9% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
SCHD and NTRL share little of their money.
22 positions in common, counted across the 507 positions we hold weights for in NTRL and 99 in SCHD, against full books of 24 and 206.
Top Shared Holdings
| Stock | Weight in NTRL | Weight in SCHD | Difference |
|---|---|---|---|
| CVXChevron Corp | 1.08% | 4.29% | 3.21% |
| VZVerizon Communications Inc Vz | 1.07% | 4.12% | 3.05% |
| MOAltria Group Inc. | 1.66% | 2.88% | 1.22% |
| QCOMQualcomm Inc. | 1.36% | 2.76% | 1.40% |
| TGTTARGET CORP | 0.77% | 1.77% | 1.00% |
| FASTFastenal Co. | 0.93% | 1.42% | 0.49% |
| DINOHollyfrontier | 1.07% | 0.41% | 0.66% |
| PFGPrincipalfinancialgroupinc. | 0.85% | 0.57% | 0.28% |
| SLBSchlumberger Nv. | -0.75% | 2.10% | 2.85% |
| MTNVail Resorts Inc. | 1.06% | 0.12% | 0.94% |
25.1% of SCHD is already inside NTRL.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, NTRL or SCHD?
NTRL has an expense ratio of 0.95% while SCHD charges 0.06%. SCHD is the cheaper option, by $89 a year on a $10,000 investment.
What is the holdings overlap between NTRL and SCHD?
At least 25.1% of SCHD's money is in holdings NTRL also owns. Our book for NTRL is partial, so the real figure is this or higher. They hold 22 positions in common, counted across the 507 positions we hold weights for in NTRL and 99 in SCHD.
Which pays a higher dividend, NTRL or SCHD?
NTRL yields 2.88% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than NTRL?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.