ORR vs SCHD
Militia Long/Short Equity ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. ORR offers more diversification with 181 holdings.
Side-by-Side Comparison
| Metric | ORR | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 10.91% | 0.06% | |
| AUM | $351M | $108.7B | |
| Dividend Yield | 0.00% | 3.13% | |
| Holdings | 181 | 104 | |
| YTD Return | +9.66% | +26.50% | |
| 1Y Return | +19.57% | +31.25% | |
| 3Y Return (annualized) | - | +16.34% | |
| 5Y Return (annualized) | - | +10.10% | |
| Volatility (annualized) | 12.4% | 13.6% | |
| Max Drawdown | -9.9% | -33.4% | |
| Fund Family | Militia Investments | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jan 14, 2025 | Oct 20, 2011 |
ORR vs SCHD Performance
Militia Long/Short Equity ETF (ORR) is a ETF from Militia Investments and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year ORR returned +19.57% while SCHD returned +31.25%. Year to date, ORR is up 9.66% versus a gain of 26.50% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 12.4% for ORR. 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 -9.9% for ORR and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ORR charges 10.91% per year while SCHD charges 0.06%. On a $10,000 position that is $1091 vs $6 annually, a gap of $1085 per year that compounds over a long holding period. On income, ORR currently yields 0.00% against 3.13% for SCHD.
Holdings Overlap
ORR and SCHD share 1 holdings out of 278 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in ORR | Weight in SCHD | Difference |
|---|---|---|---|
| AGM | 2.01% | 0.05% | 1.96% |
Frequently Asked Questions
Which is cheaper, ORR or SCHD?
ORR has an expense ratio of 10.91% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $1085 per year of difference.
Which performed better, ORR or SCHD?
Over the past year ORR returned +19.57% vs +31.25% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), ORR annualized +26.95% vs +11.50% for SCHD. Past performance does not guarantee future results.
Which is riskier, ORR or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 12.4% for ORR. Worst drawdown: ORR -9.9% vs SCHD -33.4%.
Should I hold both ORR and SCHD?
ORR and SCHD have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ORR and SCHD?
ORR and SCHD share 1 common holdings with a 0.1% weight overlap. Combined, they hold 278 unique securities.
Which pays a higher dividend, ORR or SCHD?
ORR yields 0.00% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.