PFIX vs SCHD
Simplify Interest Rate Hedge ETF vs Schwab US Dividend Equity ETF
Which is better, PFIX or SCHD?
Each has led over a different period.
SCHD has a lower expense ratio. PFIX led over 5Y and the full window, SCHD over 1Y and 3Y.
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 | PFIX | SCHD |
|---|---|---|
| Expense Ratio | 0.50% | 0.06%Best |
| AUM | $180M | $112.1B |
| Dividend Yield | 6.75% | 3.00% |
| Holdings | 30 | 103 |
| YTD Return | +10.11% | +23.46%Best |
| 1Y Return | +21.79% | +27.20%Best |
| 3Y Return (annualized) | +12.16% | +15.41%Best |
| 5Y Return (annualized) | +24.86%Best | +10.16% |
| Volatility (annualized) | 36.0% | 14.6%Best |
| Max Drawdown | -36.2% | -16.9%Best |
| $10,000 over 5 years | $30,347Best | $16,223 |
| Fund Family | Simplify Exchange Traded Funds | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | May 10, 2021 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 11, 2021 to Sep 18, 2026 (5.4 years).
PFIX 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 5.4 years both funds cover.
PFIX vs SCHD Performance
Simplify Interest Rate Hedge ETF (PFIX) is an ETF from Simplify Exchange Traded Funds and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year PFIX returned +21.79% while SCHD returned +27.20%. Year to date, PFIX is up 10.11% versus a gain of 23.46% for SCHD.
Over three years, PFIX compounded at +12.16% per year against +15.41% for SCHD; over five years the annualized figures are +24.86% and +10.16% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PFIX has been the more volatile fund, with annualized monthly volatility of 36.0% compared with 14.6% 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 -36.2% for PFIX and -16.9% 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 -0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PFIX charges 0.50% per year while SCHD charges 0.06%. On a $10,000 position that is $50 vs $6 annually, a gap of $44 per year that compounds over a long holding period. On income, PFIX currently yields 6.75% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 1 holding in PFIX and 100 in SCHD, totalling 14.5% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in PFIX and 100 in SCHD, against full books of 30 and 103.
You are not choosing between two funds in isolation.
Whichever of PFIX 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, PFIX or SCHD?
PFIX has an expense ratio of 0.50% while SCHD charges 0.06%. SCHD is the cheaper option, by $44 a year on a $10,000 investment.
Which performed better, PFIX or SCHD?
Over the past year PFIX returned +21.79% vs +27.20% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PFIX or SCHD?
PFIX has been the more volatile fund at 36.0% annualized versus 14.6% for SCHD. Worst drawdown: PFIX -36.2% vs SCHD -16.9%.
Should I hold both PFIX and SCHD?
PFIX and SCHD have a monthly-return correlation of -0.45, 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, PFIX or SCHD?
PFIX yields 6.75% while SCHD yields 3.00%, so PFIX currently pays the higher dividend yield.
Is SCHD better than PFIX?
SCHD has a lower expense ratio. PFIX led over 5Y and the full window, SCHD over 1Y and 3Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.