PSR vs SCHD
Invesco Active US Real Estate 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 | PSR | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.06% | |
| AUM | $60M | $108.7B | |
| Dividend Yield | 2.46% | 3.13% | |
| Holdings | 32 | 104 | |
| YTD Return | +16.86% | +26.50% | |
| 1Y Return | +19.00% | +31.25% | |
| 3Y Return (annualized) | +10.84% | +16.34% | |
| 5Y Return (annualized) | +2.05% | +10.10% | |
| Volatility (annualized) | 21.4% | 13.6% | |
| Max Drawdown | -43.0% | -33.4% | |
| Fund Family | Invesco (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Nov 20, 2008 | Oct 20, 2011 |
PSR vs SCHD Performance
Invesco Active US Real Estate ETF (PSR) 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 PSR returned +19.00% while SCHD returned +31.25%. Year to date, PSR is up 16.86% versus a gain of 26.50% for SCHD.
Over three years, PSR compounded at +10.84% per year against +16.34% for SCHD; over five years the annualized figures are +2.05% and +10.10% respectively. Across the full 15-year window we track, SCHD has the edge at +11.50% annualized vs +10.53%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PSR 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 -43.0% for PSR 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
PSR charges 0.35% per year while SCHD charges 0.06%. On a $10,000 position that is $35 vs $6 annually, a gap of $29 per year that compounds over a long holding period. On income, PSR currently yields 2.46% against 3.13% for SCHD.
Holdings Overlap
PSR and SCHD share 0 holdings out of 132 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, PSR or SCHD?
PSR has an expense ratio of 0.35% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $29 per year of difference.
Which performed better, PSR or SCHD?
Over the past year PSR returned +19.00% vs +31.25% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), PSR annualized +10.53% vs +11.50% for SCHD. Past performance does not guarantee future results.
Which is riskier, PSR or SCHD?
PSR has been the more volatile fund at 21.4% annualized versus 13.6% for SCHD. Worst drawdown: PSR -43.0% vs SCHD -33.4%.
Should I hold both PSR and SCHD?
PSR 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 PSR and SCHD?
PSR and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 132 unique securities.
Which pays a higher dividend, PSR or SCHD?
PSR yields 2.46% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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