OEI vs SCHD
Optimized Equity Income ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | OEI | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.06% | |
| AUM | $46M | $103.7B | |
| Dividend Yield | 5.97% | 3.31% | |
| Holdings | 99 | 104 | |
| YTD Return | +8.61% | +25.58% | |
| 1Y Return | - | +31.06% | |
| 3Y Return (annualized) | - | +15.55% | |
| 5Y Return (annualized) | - | +9.61% | |
| Volatility (annualized) | - | 13.6% | |
| Max Drawdown | -6.5% | -33.4% | |
| Fund Family | Core Alternative Capital | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Oct 22, 2025 | Oct 20, 2011 |
OEI vs SCHD Performance
Optimized Equity Income ETF (OEI) is a ETF from Core Alternative Capital and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Year to date, OEI is up 8.61% versus a gain of 25.58% for SCHD.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -6.5% for OEI and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
OEI charges 0.75% per year while SCHD charges 0.06%. On a $10,000 position that is $75 vs $6 annually, a gap of $69 per year that compounds over a long holding period. On income, OEI currently yields 5.97% against 3.31% for SCHD.
Holdings Overlap
OEI and SCHD share 13 holdings out of 168 unique holdings combined, representing a 10.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, OEI or SCHD?
OEI has an expense ratio of 0.75% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $69 per year of difference.
What is the holdings overlap between OEI and SCHD?
OEI and SCHD share 13 common holdings with a 10.5% weight overlap. Combined, they hold 168 unique securities.
Which pays a higher dividend, OEI or SCHD?
OEI yields 5.97% while SCHD yields 3.31%, so OEI currently pays the higher dividend yield.
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