PFIX vs SCHD
Simplify Interest Rate Hedge 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 | PFIX | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.06% | |
| AUM | $178M | $108.7B | |
| Dividend Yield | 7.77% | 3.13% | |
| Holdings | 30 | 104 | |
| YTD Return | +3.94% | +27.93% | |
| 1Y Return | -1.51% | +30.06% | |
| 3Y Return (annualized) | +12.53% | +16.25% | |
| 5Y Return (annualized) | +23.04% | +10.03% | |
| Volatility (annualized) | 36.3% | 13.6% | |
| Max Drawdown | -36.2% | -33.4% | |
| Fund Family | Simplify Exchange Traded Funds | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | May 10, 2021 | Oct 20, 2011 |
PFIX vs SCHD Performance
Simplify Interest Rate Hedge ETF (PFIX) is a ETF from Simplify Exchange Traded Funds and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year PFIX returned -1.51% while SCHD returned +30.06%. Year to date, PFIX is up 3.94% versus a gain of 27.93% for SCHD.
Over three years, PFIX compounded at +12.53% per year against +16.25% for SCHD; over five years the annualized figures are +23.04% and +10.03% respectively. Across the full 5-year window we track, PFIX has the edge at +16.18% annualized vs +11.56%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PFIX has been the more volatile fund, with annualized monthly volatility of 36.3% 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 -36.2% for PFIX 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 -0.45. They move independently enough that combining them can meaningfully diversify a portfolio.
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 7.77% against 3.13% for SCHD.
Holdings Overlap
PFIX and SCHD share 0 holdings out of 101 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, PFIX or SCHD?
PFIX has an expense ratio of 0.50% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $44 per year of difference.
Which performed better, PFIX or SCHD?
Over the past year PFIX returned -1.51% vs +30.06% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), PFIX annualized +16.18% vs +11.56% for SCHD. Past performance does not guarantee future results.
Which is riskier, PFIX or SCHD?
PFIX has been the more volatile fund at 36.3% annualized versus 13.6% for SCHD. Worst drawdown: PFIX -36.2% vs SCHD -33.4%.
Should I hold both PFIX and SCHD?
PFIX and SCHD have a monthly-return correlation of -0.45, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PFIX and SCHD?
PFIX and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, PFIX or SCHD?
PFIX yields 7.77% while SCHD yields 3.13%, so PFIX 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.