PINK vs SCHD
Simplify Health Care ETF vs Schwab US Dividend Equity ETF
Which is better, PINK or SCHD?
Large Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. PINK led over the full window, SCHD over 1Y and 3Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 54.7%.
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 | PINK | SCHD |
|---|---|---|
| Expense Ratio | 0.51% | 0.06%Best |
| AUM | $374M | $112.1B |
| Dividend Yield | 0.64% | 3.00% |
| Holdings | 55 | 103 |
| YTD Return | +5.31% | +24.59%Best |
| 1Y Return | +25.56% | +28.14%Best |
| 3Y Return (annualized) | +14.46% | +15.58%Best |
| 5Y Return (annualized) | +9.90%Tie | +9.90%Tie |
| Volatility (annualized) | 16.9% | 14.9%Best |
| Max Drawdown | -18.8% | -16.9%Best |
| $10,000 over 5 years | $16,032Tie | $16,032Tie |
| Top 10 Weight | 54.7% | 41.8%Best |
| Fund Family | Simplify Exchange Traded Funds | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Oct 7, 2021 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 8, 2021 to Sep 10, 2026 (4.9 years).
PINK 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 4.9 years both funds cover.
PINK vs SCHD Performance
Simplify Health Care ETF (PINK) 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 PINK returned +25.56% while SCHD returned +28.14%. Year to date, PINK is up 5.31% versus a gain of 24.59% for SCHD.
Over three years, PINK compounded at +14.46% per year against +15.58% for SCHD; over five years the annualized figures are +9.90% and +9.90% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PINK has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 14.9% 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 -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 0.62. They move together some of the time, and apart the rest.
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 0.64% against 3.00% for SCHD.
Holdings Overlap
7.7% of PINK's money is in holdings SCHD also owns. 16.5% of SCHD's money is in holdings PINK also owns.
SCHD and PINK share little of their money.
4 positions in common, counted across the 52 positions we hold weights for in PINK and 100 in SCHD, against full books of 55 and 103.
What only one of them owns
Our book lists 95 positions for SCHD that do not appear in our book for PINK (83.4% of the fund), and 42 for PINK that do not appear in SCHD (86.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of PINK 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, PINK or SCHD?
PINK has an expense ratio of 0.51% while SCHD charges 0.06%. SCHD is the cheaper option, by $45 a year on a $10,000 investment.
Which performed better, PINK or SCHD?
Over the past year PINK returned +25.56% vs +28.14% 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, PINK or SCHD?
PINK has been the more volatile fund at 16.9% annualized versus 14.9% for SCHD. Worst drawdown: PINK -18.8% vs SCHD -16.9%.
Should I hold both PINK and SCHD?
PINK and SCHD have a monthly-return correlation of 0.62, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between PINK and SCHD?
16.5% of SCHD's money is in holdings PINK also owns. 16.5% of SCHD's is in holdings PINK also owns. They hold 4 positions in common, counted across the 52 positions we hold weights for in PINK and 100 in SCHD.
Which pays a higher dividend, PINK or SCHD?
PINK yields 0.64% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than PINK?
SCHD has a lower expense ratio. PINK led over the full window, SCHD over 1Y and 3Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 54.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.