PTY vs SCHD
PTY vs SCHD
PIMCO Corporate & Income Opportunity Fund 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 100 holdings.
Side-by-Side Comparison
| Metric | PTY | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 3.70% | 0.06% | |
| AUM | $2.5B | $103.7B | |
| Dividend Yield | 12.40% | 3.31% | |
| Holdings | 809 | 104 | |
| YTD Return | -1.75% | +24.26% | |
| 1Y Return | -5.23% | +31.38% | |
| 3Y Return (annualized) | +3.18% | +15.08% | |
| 5Y Return (annualized) | -1.47% | +9.72% | |
| Volatility (annualized) | 21.1% | 13.6% | |
| Max Drawdown | -69.7% | -33.4% | |
| Fund Family | PIMCO (US) | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Dec 27, 2002 | Oct 20, 2011 |
PTY vs SCHD Performance
PIMCO Corporate & Income Opportunity Fund (PTY) is a ETF from PIMCO (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year PTY returned -5.23% while SCHD returned +31.38%. Year to date, PTY is down 1.75% versus a gain of 24.26% for SCHD.
Over three years, PTY compounded at +3.18% per year against +15.08% for SCHD; over five years the annualized figures are -1.47% and +9.72% respectively. Across the full 15-year window we track, SCHD has the edge at +11.39% annualized vs +1.38%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PTY has been the more volatile fund, with annualized monthly volatility of 21.1% 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 -69.7% for PTY 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 0.52. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
PTY charges 3.70% per year while SCHD charges 0.06%. On a $10,000 position that is $370 vs $6 annually, a gap of $364 per year that compounds over a long holding period. On income, PTY currently yields 12.40% against 3.31% for SCHD.
Holdings Overlap
PTY and SCHD share 1 holdings out of 122 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in PTY | Weight in SCHD | Difference |
|---|---|---|---|
| GVMXX | 0.02% | 0.04% | 0.02% |
Frequently Asked Questions
Which is cheaper, PTY or SCHD?
PTY has an expense ratio of 3.70% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $364 per year of difference.
Which performed better, PTY or SCHD?
Over the past year PTY returned -5.23% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), PTY annualized +1.38% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, PTY or SCHD?
PTY has been the more volatile fund at 21.1% annualized versus 13.6% for SCHD. Worst drawdown: PTY -69.7% vs SCHD -33.4%.
Should I hold both PTY and SCHD?
PTY and SCHD have a monthly-return correlation of 0.52, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PTY and SCHD?
PTY and SCHD share 1 common holdings with a 0.0% weight overlap. Combined, they hold 122 unique securities.
Which pays a higher dividend, PTY or SCHD?
PTY yields 12.40% while SCHD yields 3.31%, so PTY currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.