PRN vs SCHD
Invesco Dorsey Wright Industrials Momentum ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. PRN delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | PRN | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.60% | 0.06% | |
| AUM | $428M | $103.7B | |
| Dividend Yield | 0.08% | 3.31% | |
| Holdings | 41 | 104 | |
| YTD Return | +21.82% | +25.62% | |
| 1Y Return | +34.32% | +32.62% | |
| 3Y Return (annualized) | +27.15% | +15.58% | |
| 5Y Return (annualized) | +16.91% | +9.63% | |
| Volatility (annualized) | 21.4% | 13.6% | |
| Max Drawdown | -59.9% | -33.4% | |
| Fund Family | Invesco (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Oct 12, 2006 | Oct 20, 2011 |
PRN vs SCHD Performance
Invesco Dorsey Wright Industrials Momentum ETF (PRN) is a ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year PRN returned +34.32% while SCHD returned +32.62%. Year to date, PRN is up 21.82% versus a gain of 25.62% for SCHD.
Over three years, PRN compounded at +27.15% per year against +15.58% for SCHD; over five years the annualized figures are +16.91% and +9.63% respectively. Across the full 15-year window we track, PRN has the edge at +12.11% annualized vs +11.47%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PRN has been the more volatile fund, with annualized monthly volatility of 21.4% 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 -59.9% for PRN 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 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
PRN charges 0.60% per year while SCHD charges 0.06%. On a $10,000 position that is $60 vs $6 annually, a gap of $54 per year that compounds over a long holding period. On income, PRN currently yields 0.08% against 3.31% for SCHD.
Holdings Overlap
PRN and SCHD share 0 holdings out of 138 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, PRN or SCHD?
PRN has an expense ratio of 0.60% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $54 per year of difference.
Which performed better, PRN or SCHD?
Over the past year PRN returned +34.32% vs +32.62% for SCHD, so PRN leads on 1-year performance. Over the longest common window we track (15 years), PRN annualized +12.11% vs +11.47% for SCHD. Past performance does not guarantee future results.
Which is riskier, PRN or SCHD?
PRN has been the more volatile fund at 21.4% annualized versus 13.6% for SCHD. Worst drawdown: PRN -59.9% vs SCHD -33.4%.
Should I hold both PRN and SCHD?
PRN and SCHD have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PRN and SCHD?
PRN and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 138 unique securities.
Which pays a higher dividend, PRN or SCHD?
PRN yields 0.08% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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