PCOV vs SCHD
Principal Equity Premium Income ETF vs Schwab US Dividend Equity ETF
Which is better, PCOV or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio.
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 | PCOV | SCHD |
|---|---|---|
| Expense Ratio | 0.34% | 0.06%Best |
| AUM | $10M | $119.9B |
| Dividend Yield | 1.31% | 2.96% |
| Holdings | 194 | 204 |
| YTD Return | -1.48% | +33.09%Best |
| 1Y Return | - | +37.17% |
| 3Y Return (annualized) | - | +20.32% |
| 5Y Return (annualized) | - | +10.36% |
| Fund Family | PRINCIPAL EXCHANGE-TRADED FUNDS | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Aug 18, 2026 | Oct 20, 2011 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
PCOV 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
PCOV vs SCHD Performance
Principal Equity Premium Income ETF (PCOV) is an ETF from PRINCIPAL EXCHANGE-TRADED FUNDS and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Year to date, PCOV is down 1.48% versus a gain of 33.09% for SCHD.
Past performance does not guarantee future results.
Fees and Cost Over Time
PCOV charges 0.34% per year while SCHD charges 0.06%. On a $10,000 position that is $34 vs $6 annually, a gap of $28 per year that compounds over a long holding period. On income, PCOV currently yields 1.31% against 2.96% for SCHD.
You are not choosing between two funds in isolation.
Whichever of PCOV 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, PCOV or SCHD?
PCOV has an expense ratio of 0.34% while SCHD charges 0.06%. SCHD is the cheaper option, by $28 a year on a $10,000 investment.
Which pays a higher dividend, PCOV or SCHD?
PCOV yields 1.31% while SCHD yields 2.96%, so SCHD currently pays the higher dividend yield.
Is SCHD better than PCOV?
SCHD has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.