PPIE vs SCHD
Putnam PanAgora ESG International Equity ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. PPIE offers more diversification with 137 holdings.
Side-by-Side Comparison
| Metric | PPIE | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.49% | 0.06% | |
| AUM | $4M | $103.7B | |
| Dividend Yield | 12.07% | 3.31% | |
| Holdings | 142 | 104 | |
| YTD Return | +7.54% | +25.58% | |
| 1Y Return | +19.80% | +31.06% | |
| 3Y Return (annualized) | +18.19% | +15.55% | |
| 5Y Return (annualized) | - | +9.61% | |
| Volatility (annualized) | 12.1% | 13.6% | |
| Max Drawdown | -13.6% | -33.4% | |
| Fund Family | Putnam Investments | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jan 19, 2023 | Oct 20, 2011 |
PPIE vs SCHD Performance
Putnam PanAgora ESG International Equity ETF (PPIE) is a ETF from Putnam Investments and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year PPIE returned +19.80% while SCHD returned +31.06%. Year to date, PPIE is up 7.54% versus a gain of 25.58% for SCHD.
Over three years, PPIE compounded at +18.19% per year against +15.55% for SCHD. Across the full 3-year window we track, PPIE has the edge at +16.94% annualized vs +11.46%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 12.1% for PPIE. 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 -13.6% for PPIE 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 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
PPIE charges 0.49% per year while SCHD charges 0.06%. On a $10,000 position that is $49 vs $6 annually, a gap of $43 per year that compounds over a long holding period. On income, PPIE currently yields 12.07% against 3.31% for SCHD.
Holdings Overlap
PPIE and SCHD share 0 holdings out of 237 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, PPIE or SCHD?
PPIE has an expense ratio of 0.49% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $43 per year of difference.
Which performed better, PPIE or SCHD?
Over the past year PPIE returned +19.80% vs +31.06% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), PPIE annualized +16.94% vs +11.46% for SCHD. Past performance does not guarantee future results.
Which is riskier, PPIE or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 12.1% for PPIE. Worst drawdown: PPIE -13.6% vs SCHD -33.4%.
Should I hold both PPIE and SCHD?
PPIE and SCHD have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PPIE and SCHD?
PPIE and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 237 unique securities.
Which pays a higher dividend, PPIE or SCHD?
PPIE yields 12.07% while SCHD yields 3.31%, so PPIE currently pays the higher dividend yield.
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