ONOF vs SCHD
Global X Adaptive US Risk Management ETF vs Schwab US Dividend Equity ETF
Which is better, ONOF or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. ONOF is less concentrated, with 37.0% of the fund in its ten largest positions against 41.8%.
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 | ONOF | SCHD |
|---|---|---|
| Expense Ratio | 0.39% | 0.06%Best |
| AUM | $141M | $108.9B |
| Dividend Yield | 1.20% | 3.00% |
| Holdings | 1,010 | 206 |
| YTD Return | +11.19% | +22.08%Best |
| 1Y Return | +13.14% | +26.66%Best |
| 3Y Return (annualized) | +14.21% | +16.06%Best |
| 5Y Return (annualized) | +9.26% | +9.39%Best |
| Volatility (annualized) | 13.9%Best | 14.8% |
| Max Drawdown | -26.2% | -16.9%Best |
| $10,000 over 5 years | $15,571 | $15,663Best |
| Top 10 Weight | 37.0%Best | 41.8% |
| Fund Family | Global X by mirae Asset | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jan 12, 2021 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Jan 13, 2021 to Oct 9, 2026 (5.7 years).
ONOF 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 5.7 years both funds cover.
ONOF vs SCHD Performance
Global X Adaptive US Risk Management ETF (ONOF) is an ETF from Global X by mirae Asset and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year ONOF returned +13.14% while SCHD returned +26.66%. Year to date, ONOF is up 11.19% versus a gain of 22.08% for SCHD.
Over three years, ONOF compounded at +14.21% per year against +16.06% for SCHD; over five years the annualized figures are +9.26% and +9.39% respectively. Across the full 6-year window we track, SCHD has the edge at +11.07% annualized vs +10.58%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.8% compared with 13.9% for ONOF. 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 -26.2% for ONOF and -16.9% 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 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ONOF charges 0.39% per year while SCHD charges 0.06%. On a $10,000 position that is $39 vs $6 annually, a gap of $33 per year that compounds over a long holding period. On income, ONOF currently yields 1.20% against 3.00% for SCHD.
Holdings Overlap
7.3% of ONOF's money is in holdings SCHD also owns. 87.9% of SCHD's money is in holdings ONOF also owns.
Most of SCHD is already inside ONOF. Owning both mostly buys the same companies twice.
38 positions in common, counted across the 497 positions we hold weights for in ONOF and 99 in SCHD, against full books of 1,010 and 206.
What only one of them owns
Our book lists 60 positions for SCHD that do not appear in our book for ONOF (12.0% of the fund), and 430 for ONOF that do not appear in SCHD (90.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ONOF | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Company Inc | 0.53% | 4.77% | 4.24% |
| CVXChevron Corp | 0.59% | 4.29% | 3.70% |
| KOCoca Cola Co. | 0.51% | 4.26% | 3.75% |
| ABTAbbott Laboratories | 0.26% | 4.44% | 4.18% |
| AMGNAmgen Inc. | 0.30% | 4.24% | 3.94% |
| COPConocophillips Common Stock USD 0.01 | 0.25% | 4.19% | 3.94% |
| PGProcter & Gamble Company | 0.50% | 3.94% | 3.44% |
| VZVerizon Communications Inc Vz | 0.31% | 4.12% | 3.81% |
| UNHUnitedhealth Group Incorporated | 0.51% | 3.82% | 3.31% |
| HDHome Depot Inc/The | 0.46% | 3.75% | 3.29% |
87.9% of SCHD is already inside ONOF.
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, ONOF or SCHD?
ONOF has an expense ratio of 0.39% while SCHD charges 0.06%. SCHD is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, ONOF or SCHD?
Over the past year ONOF returned +13.14% vs +26.66% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), ONOF annualized +10.58% vs +11.07% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ONOF or SCHD?
SCHD has been the more volatile fund at 14.8% annualized versus 13.9% for ONOF. Worst drawdown: ONOF -26.2% vs SCHD -16.9%.
Should I hold both ONOF and SCHD?
ONOF and SCHD have a monthly-return correlation of 0.62, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ONOF and SCHD?
87.9% of SCHD's money is in holdings ONOF also owns. 87.9% of SCHD's is in holdings ONOF also owns. They hold 38 positions in common, counted across the 497 positions we hold weights for in ONOF and 99 in SCHD.
Which pays a higher dividend, ONOF or SCHD?
ONOF yields 1.20% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than ONOF?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. ONOF is less concentrated, with 37.0% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.