OARK vs SCHD
YieldMax Innovation Option Income Strategy ETF vs Schwab US Dividend Equity ETF
Which is better, OARK or SCHD?
Option Writing against Large Cap Value.
SCHD has a lower expense ratio. OARK led over 3Y and the full window, SCHD over 1Y.
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 | OARK | SCHD |
|---|---|---|
| Expense Ratio | 1.00% | 0.06%Best |
| AUM | $47M | $112.1B |
| Dividend Yield | 69.97% | 3.00% |
| Holdings | 15 | 103 |
| YTD Return | +12.24% | +23.60%Best |
| 1Y Return | +6.44% | +28.29%Best |
| 3Y Return (annualized) | +20.76%Best | +16.25% |
| 5Y Return (annualized) | - | +10.25% |
| Volatility (annualized) | 29.4% | 13.3%Best |
| Max Drawdown | -35.5% | -16.1%Best |
| $10,000 over 3.8 years | $16,148Best | $14,786 |
| Fund Family | YieldMax ETF | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Value |
| Inception | Nov 22, 2022 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Nov 23, 2022 to Sep 21, 2026 (3.8 years).
OARK 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 3.8 years both funds cover.
OARK vs SCHD Performance
YieldMax Innovation Option Income Strategy ETF (OARK) is an ETF from YieldMax ETF and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year OARK returned +6.44% while SCHD returned +28.29%. Year to date, OARK is up 12.24% versus a gain of 23.60% for SCHD.
Over three years, OARK compounded at +20.76% per year against +16.25% for SCHD. Across the full 4-year window we track, OARK has the edge at +13.44% annualized vs +10.84%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OARK has been the more volatile fund, with annualized monthly volatility of 29.4% compared with 13.3% 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 -35.5% for OARK 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 0.31. They move together some of the time, and apart the rest.
Fees and Cost Over Time
OARK charges 1.00% per year while SCHD charges 0.06%. On a $10,000 position that is $100 vs $6 annually, a gap of $94 per year that compounds over a long holding period. On income, OARK currently yields 69.97% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 2 holdings in OARK and 100 in SCHD, totalling 20.7% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in OARK and 100 in SCHD, against full books of 15 and 103.
You are not choosing between two funds in isolation.
Whichever of OARK 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, OARK or SCHD?
OARK has an expense ratio of 1.00% while SCHD charges 0.06%. SCHD is the cheaper option, by $94 a year on a $10,000 investment.
Which performed better, OARK or SCHD?
Over the past year OARK returned +6.44% vs +28.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), OARK annualized +13.44% vs +10.84% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OARK or SCHD?
OARK has been the more volatile fund at 29.4% annualized versus 13.3% for SCHD. Worst drawdown: OARK -35.5% vs SCHD -16.1%.
Should I hold both OARK and SCHD?
OARK and SCHD have a monthly-return correlation of 0.31, 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, OARK or SCHD?
OARK yields 69.97% while SCHD yields 3.00%, so OARK currently pays the higher dividend yield.
Is SCHD better than OARK?
SCHD has a lower expense ratio. OARK led over 3Y and the full window, SCHD over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.