OSCV vs SCHD
Opus Small Cap Value ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | OSCV | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.79% | 0.06% | |
| AUM | $708M | $108.7B | |
| Dividend Yield | 1.05% | 3.13% | |
| Holdings | 67 | 104 | |
| YTD Return | +16.11% | +26.54% | |
| 1Y Return | +15.07% | +30.90% | |
| 3Y Return (annualized) | +11.64% | +16.29% | |
| 5Y Return (annualized) | +6.88% | +9.65% | |
| Volatility (annualized) | 18.6% | 13.6% | |
| Max Drawdown | -42.8% | -33.4% | |
| Fund Family | Aptus ETFs | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jul 18, 2018 | Oct 20, 2011 |
OSCV vs SCHD Performance
Opus Small Cap Value ETF (OSCV) is a ETF from Aptus ETFs and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year OSCV returned +15.07% while SCHD returned +30.90%. Year to date, OSCV is up 16.11% versus a gain of 26.54% for SCHD.
Over three years, OSCV compounded at +11.64% per year against +16.29% for SCHD; over five years the annualized figures are +6.88% and +9.65% respectively. Across the full 8-year window we track, SCHD has the edge at +11.51% annualized vs +6.98%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OSCV has been the more volatile fund, with annualized monthly volatility of 18.6% compared with 13.6% 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 -42.8% for OSCV 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OSCV charges 0.79% per year while SCHD charges 0.06%. On a $10,000 position that is $79 vs $6 annually, a gap of $73 per year that compounds over a long holding period. On income, OSCV currently yields 1.05% against 3.13% for SCHD.
Holdings Overlap
OSCV and SCHD share 3 holdings out of 162 unique holdings combined, representing a 0.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, OSCV or SCHD?
OSCV has an expense ratio of 0.79% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $73 per year of difference.
Which performed better, OSCV or SCHD?
Over the past year OSCV returned +15.07% vs +30.90% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (8 years), OSCV annualized +6.98% vs +11.51% for SCHD. Past performance does not guarantee future results.
Which is riskier, OSCV or SCHD?
OSCV has been the more volatile fund at 18.6% annualized versus 13.6% for SCHD. Worst drawdown: OSCV -42.8% vs SCHD -33.4%.
Should I hold both OSCV and SCHD?
OSCV and SCHD have a monthly-return correlation of 0.88, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between OSCV and SCHD?
OSCV and SCHD share 3 common holdings with a 0.4% weight overlap. Combined, they hold 162 unique securities.
Which pays a higher dividend, OSCV or SCHD?
OSCV yields 1.05% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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