PEJ vs SCHD
Invesco Leisure and Entertainment 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 | PEJ | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.57% | 0.06% | |
| AUM | $365M | $108.7B | |
| Dividend Yield | 0.50% | 3.13% | |
| Holdings | 32 | 104 | |
| YTD Return | +11.23% | +28.63% | |
| 1Y Return | +16.84% | +32.53% | |
| 3Y Return (annualized) | +19.50% | +16.97% | |
| 5Y Return (annualized) | +8.09% | +10.47% | |
| Volatility (annualized) | 22.1% | 13.7% | |
| Max Drawdown | -67.3% | -33.4% | |
| Fund Family | Invesco (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jun 23, 2005 | Oct 20, 2011 |
PEJ vs SCHD Performance
Invesco Leisure and Entertainment ETF (PEJ) is a ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year PEJ returned +16.84% while SCHD returned +32.53%. Year to date, PEJ is up 11.23% versus a gain of 28.63% for SCHD.
Over three years, PEJ compounded at +19.50% per year against +16.97% for SCHD; over five years the annualized figures are +8.09% and +10.47% respectively. Across the full 15-year window we track, SCHD has the edge at +11.63% annualized vs +7.58%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PEJ has been the more volatile fund, with annualized monthly volatility of 22.1% compared with 13.7% 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 -67.3% for PEJ 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PEJ charges 0.57% per year while SCHD charges 0.06%. On a $10,000 position that is $57 vs $6 annually, a gap of $51 per year that compounds over a long holding period. On income, PEJ currently yields 0.50% against 3.13% for SCHD.
Holdings Overlap
PEJ and SCHD share 0 holdings out of 131 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, PEJ or SCHD?
PEJ has an expense ratio of 0.57% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $51 per year of difference.
Which performed better, PEJ or SCHD?
Over the past year PEJ returned +16.84% vs +32.53% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), PEJ annualized +7.58% vs +11.63% for SCHD. Past performance does not guarantee future results.
Which is riskier, PEJ or SCHD?
PEJ has been the more volatile fund at 22.1% annualized versus 13.7% for SCHD. Worst drawdown: PEJ -67.3% vs SCHD -33.4%.
Should I hold both PEJ and SCHD?
PEJ and SCHD have a monthly-return correlation of 0.72, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PEJ and SCHD?
PEJ and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 131 unique securities.
Which pays a higher dividend, PEJ or SCHD?
PEJ yields 0.50% 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.