OZEM vs SCHD
Roundhill GLP-1 & Weight Loss ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. OZEM delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | OZEM | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.59% | 0.06% | |
| AUM | $63M | $103.7B | |
| Dividend Yield | 0.21% | 3.31% | |
| Holdings | 28 | 104 | |
| YTD Return | -1.52% | +25.33% | |
| 1Y Return | +44.41% | +32.31% | |
| 3Y Return (annualized) | - | +15.40% | |
| 5Y Return (annualized) | - | +9.70% | |
| Volatility (annualized) | 20.1% | 13.6% | |
| Max Drawdown | -28.6% | -33.4% | |
| Fund Family | Roundhill Investments | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | May 21, 2024 | Oct 20, 2011 |
OZEM vs SCHD Performance
Roundhill GLP-1 & Weight Loss ETF (OZEM) is a ETF from Roundhill Investments and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year OZEM returned +44.41% while SCHD returned +32.31%. Year to date, OZEM is down 1.52% versus a gain of 25.33% for SCHD.
Risk: Volatility and Drawdowns
OZEM has been the more volatile fund, with annualized monthly volatility of 20.1% 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 -28.6% for OZEM 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 0.17. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
OZEM charges 0.59% per year while SCHD charges 0.06%. On a $10,000 position that is $59 vs $6 annually, a gap of $53 per year that compounds over a long holding period. On income, OZEM currently yields 0.21% against 3.31% for SCHD.
Holdings Overlap
OZEM and SCHD share 1 holdings out of 124 unique holdings combined, representing a 3.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in OZEM | Weight in SCHD | Difference |
|---|---|---|---|
| AMGN | 3.72% | 4.25% | 0.53% |
Frequently Asked Questions
Which is cheaper, OZEM or SCHD?
OZEM has an expense ratio of 0.59% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $53 per year of difference.
Which performed better, OZEM or SCHD?
Over the past year OZEM returned +44.41% vs +32.31% for SCHD, so OZEM leads on 1-year performance. Over the longest common window we track (2 years), OZEM annualized +14.53% vs +11.45% for SCHD. Past performance does not guarantee future results.
Which is riskier, OZEM or SCHD?
OZEM has been the more volatile fund at 20.1% annualized versus 13.6% for SCHD. Worst drawdown: OZEM -28.6% vs SCHD -33.4%.
Should I hold both OZEM and SCHD?
OZEM and SCHD have a monthly-return correlation of 0.17, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between OZEM and SCHD?
OZEM and SCHD share 1 common holdings with a 3.7% weight overlap. Combined, they hold 124 unique securities.
Which pays a higher dividend, OZEM or SCHD?
OZEM yields 0.21% while SCHD yields 3.31%, 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.