PINK vs SCHD
Simplify Health Care ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. PINK delivered stronger 1-year returns. SCHD offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | PINK | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.51% | 0.06% | |
| AUM | $387M | $108.7B | |
| Dividend Yield | 0.63% | 3.13% | |
| Holdings | 55 | 104 | |
| YTD Return | +8.28% | +26.54% | |
| 1Y Return | +34.84% | +30.90% | |
| 3Y Return (annualized) | +15.15% | +16.29% | |
| 5Y Return (annualized) | - | +9.65% | |
| Volatility (annualized) | 17.1% | 13.6% | |
| Max Drawdown | -18.8% | -33.4% | |
| Fund Family | Simplify Exchange Traded Funds | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Oct 7, 2021 | Oct 20, 2011 |
PINK vs SCHD Performance
Simplify Health Care ETF (PINK) 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 PINK returned +34.84% while SCHD returned +30.90%. Year to date, PINK is up 8.28% versus a gain of 26.54% for SCHD.
Over three years, PINK compounded at +15.15% per year against +16.29% for SCHD. Across the full 5-year window we track, SCHD has the edge at +11.51% annualized vs +10.69%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PINK has been the more volatile fund, with annualized monthly volatility of 17.1% 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 -18.8% for PINK 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 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
PINK charges 0.51% per year while SCHD charges 0.06%. On a $10,000 position that is $51 vs $6 annually, a gap of $45 per year that compounds over a long holding period. On income, PINK currently yields 0.63% against 3.13% for SCHD.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, PINK or SCHD?
PINK has an expense ratio of 0.51% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $45 per year of difference.
Which performed better, PINK or SCHD?
Over the past year PINK returned +34.84% vs +30.90% for SCHD, so PINK leads on 1-year performance. Over the longest common window we track (5 years), PINK annualized +10.69% vs +11.51% for SCHD. Past performance does not guarantee future results.
Which is riskier, PINK or SCHD?
PINK has been the more volatile fund at 17.1% annualized versus 13.6% for SCHD. Worst drawdown: PINK -18.8% vs SCHD -33.4%.
Should I hold both PINK and SCHD?
PINK and SCHD have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PINK and SCHD?
PINK and SCHD share 2 common holdings with a 2.7% weight overlap. Combined, they hold 102 unique securities.
Which pays a higher dividend, PINK or SCHD?
PINK yields 0.63% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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