PXI vs SCHD
Invesco Dorsey Wright Energy Momentum ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. PXI delivered stronger 1-year returns. SCHD offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | PXI | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.60% | 0.06% | |
| AUM | $55M | $108.7B | |
| Dividend Yield | 1.26% | 3.13% | |
| Holdings | 44 | 104 | |
| YTD Return | +39.17% | +26.50% | |
| 1Y Return | +58.05% | +31.25% | |
| 3Y Return (annualized) | +14.73% | +16.34% | |
| 5Y Return (annualized) | +25.51% | +10.10% | |
| Volatility (annualized) | 33.0% | 13.6% | |
| Max Drawdown | -86.2% | -33.4% | |
| Fund Family | Invesco (US) | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Oct 12, 2006 | Oct 20, 2011 |
PXI vs SCHD Performance
Invesco Dorsey Wright Energy Momentum ETF (PXI) 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 PXI returned +58.05% while SCHD returned +31.25%. Year to date, PXI is up 39.17% versus a gain of 26.50% for SCHD.
Over three years, PXI compounded at +14.73% per year against +16.34% for SCHD; over five years the annualized figures are +25.51% and +10.10% respectively. Across the full 15-year window we track, SCHD has the edge at +11.50% annualized vs +5.21%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PXI has been the more volatile fund, with annualized monthly volatility of 33.0% 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 -86.2% for PXI 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 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
PXI 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, PXI currently yields 1.26% against 3.13% for SCHD.
Holdings Overlap
PXI and SCHD share 3 holdings out of 140 unique holdings combined, representing a 4.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, PXI or SCHD?
PXI 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, PXI or SCHD?
Over the past year PXI returned +58.05% vs +31.25% for SCHD, so PXI leads on 1-year performance. Over the longest common window we track (15 years), PXI annualized +5.21% vs +11.50% for SCHD. Past performance does not guarantee future results.
Which is riskier, PXI or SCHD?
PXI has been the more volatile fund at 33.0% annualized versus 13.6% for SCHD. Worst drawdown: PXI -86.2% vs SCHD -33.4%.
Should I hold both PXI and SCHD?
PXI and SCHD have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PXI and SCHD?
PXI and SCHD share 3 common holdings with a 4.7% weight overlap. Combined, they hold 140 unique securities.
Which pays a higher dividend, PXI or SCHD?
PXI yields 1.26% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
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