RAA vs SCHD
SMI 3Fourteen REAL Asset Allocation ETF vs Schwab US Dividend Equity ETF
Which is better, RAA or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. RAA led over 5Y and the full window, SCHD over 1Y and 3Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 57.0%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | RAA | SCHD |
|---|---|---|
| Expense Ratio | 0.85% | 0.06%Best |
| AUM | $616M | $112.1B |
| Dividend Yield | 2.06% | 3.00% |
| Holdings | 185 | 103 |
| YTD Return | +9.65% | +25.84%Best |
| 1Y Return | +13.45% | +30.18%Best |
| 3Y Return (annualized) | +14.37% | +16.08%Best |
| 5Y Return (annualized) | +14.37%Best | +9.97% |
| Volatility (annualized) | 9.6%Best | 13.6% |
| Max Drawdown | -11.8%Best | -33.4% |
| $10,000 over 5 years | $19,569Best | $16,083 |
| Top 10 Weight | 57.0% | 41.8%Best |
| Fund Family | 3FourteenSMI | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Feb 26, 2025 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Feb 26, 2025 to Sep 15, 2026 (14.9 years).
RAA vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
RAA vs SCHD Performance
SMI 3Fourteen REAL Asset Allocation ETF (RAA) is an ETF from 3FourteenSMI and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year RAA returned +13.45% while SCHD returned +30.18%. Year to date, RAA is up 9.65% versus a gain of 25.84% for SCHD.
Over three years, RAA compounded at +14.37% per year against +16.08% for SCHD; over five years the annualized figures are +14.37% and +9.97% respectively. Across the full 2-year window we track, RAA has the edge at +14.37% annualized vs +11.40%.
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 9.6% for RAA. 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 -11.8% for RAA and -33.4% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.14. They move largely independently of each other.
Fees and Cost Over Time
RAA charges 0.85% per year while SCHD charges 0.06%. On a $10,000 position that is $85 vs $6 annually, a gap of $79 per year that compounds over a long holding period. On income, RAA currently yields 2.06% against 3.00% for SCHD.
Holdings Overlap
3.2% of RAA's money is in holdings SCHD also owns. 29.3% of SCHD's money is in holdings RAA also owns.
SCHD and RAA share little of their money.
13 positions in common, counted across the 180 positions we hold weights for in RAA and 100 in SCHD, against full books of 185 and 103.
What only one of them owns
Our book lists 86 positions for SCHD that do not appear in our book for RAA (70.6% of the fund), and 151 for RAA that do not appear in SCHD (93.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in RAA | Weight in SCHD | Difference |
|---|---|---|---|
| AMGNAmgen Inc. | 0.16% | 4.70% | 4.54% |
| CVXChevron Corp | 0.65% | 4.02% | 3.37% |
| PEPPepsico Inc. | 0.31% | 3.64% | 3.33% |
| TXNTexas Instrument Inc | 0.17% | 3.13% | 2.96% |
| ADPAutomatic Data Processing, Inc. | 0.34% | 2.79% | 2.45% |
| SLBSchlumberger Nv. | 0.59% | 2.19% | 1.60% |
| QCOMQualcomm Inc. | 0.13% | 2.52% | 2.39% |
| CMCSAComcast Corp-class A Cmcsa | 0.06% | 2.31% | 2.25% |
| FASTFastenal Co. | 0.09% | 1.38% | 1.29% |
| KMBKimberly-Clark Corp. | 0.24% | 0.87% | 0.63% |
29.3% of SCHD is already inside RAA.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, RAA or SCHD?
RAA has an expense ratio of 0.85% while SCHD charges 0.06%. SCHD is the cheaper option, by $79 a year on a $10,000 investment.
Which performed better, RAA or SCHD?
Over the past year RAA returned +13.45% vs +30.18% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), RAA annualized +14.37% vs +11.40% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RAA or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 9.6% for RAA. Worst drawdown: RAA -11.8% vs SCHD -33.4%.
Should I hold both RAA and SCHD?
RAA and SCHD have a monthly-return correlation of 0.14, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between RAA and SCHD?
29.3% of SCHD's money is in holdings RAA also owns. 29.3% of SCHD's is in holdings RAA also owns. They hold 13 positions in common, counted across the 180 positions we hold weights for in RAA and 100 in SCHD.
Which pays a higher dividend, RAA or SCHD?
RAA yields 2.06% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than RAA?
SCHD has a lower expense ratio. RAA led over 5Y and the full window, SCHD over 1Y and 3Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 57.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.