PCMM vs SCHD
BondBloxx Private Credit CLO ETF vs Schwab US Dividend Equity ETF
Which is better, PCMM or SCHD?
Bank Loan against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window.
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 | PCMM | SCHD |
|---|---|---|
| Expense Ratio | 0.68% | 0.06%Best |
| AUM | $208M | $112.2B |
| Dividend Yield | 6.47% | 3.13% |
| Holdings | 82 | 103 |
| YTD Return | +3.36% | +27.56%Best |
| 1Y Return | +4.84% | +30.29%Best |
| 3Y Return (annualized) | - | +16.37% |
| 5Y Return (annualized) | - | +10.23% |
| Volatility (annualized) | 2.6%Best | 12.8% |
| Max Drawdown | -4.0%Best | -15.1% |
| $10,000 over 1.8 years | $11,327 | $12,798Best |
| Fund Family | BondBloxx | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | Bank Loan | Large Cap Value |
| Inception | Dec 2, 2024 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 3, 2024 to Sep 4, 2026 (1.8 years).
PCMM 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 1.8 years both funds cover.
PCMM vs SCHD Performance
BondBloxx Private Credit CLO ETF (PCMM) is an ETF from BondBloxx and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year PCMM returned +4.84% while SCHD returned +30.29%. Year to date, PCMM is up 3.36% versus a gain of 27.56% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 12.8% compared with 2.6% for PCMM. 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 -4.0% for PCMM and -15.1% 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 0.20. They move largely independently of each other.
Fees and Cost Over Time
PCMM charges 0.68% per year while SCHD charges 0.06%. On a $10,000 position that is $68 vs $6 annually, a gap of $62 per year that compounds over a long holding period. On income, PCMM currently yields 6.47% against 3.13% for SCHD.
You are not choosing between two funds in isolation.
Whichever of PCMM and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, PCMM or SCHD?
PCMM has an expense ratio of 0.68% while SCHD charges 0.06%. SCHD is the cheaper option, by $62 a year on a $10,000 investment.
Which performed better, PCMM or SCHD?
Over the past year PCMM returned +4.84% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), PCMM annualized +7.17% vs +14.69% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PCMM or SCHD?
SCHD has been the more volatile fund at 12.8% annualized versus 2.6% for PCMM. Worst drawdown: PCMM -4.0% vs SCHD -15.1%.
Should I hold both PCMM and SCHD?
PCMM and SCHD have a monthly-return correlation of 0.20, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, PCMM or SCHD?
PCMM yields 6.47% while SCHD yields 3.13%, so PCMM currently pays the higher dividend yield.
Is SCHD better than PCMM?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.