RNMN vs SCHD
RiverNorth Market Neutral ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. RNMN offers more diversification with 177 holdings.
Side-by-Side Comparison
| Metric | RNMN | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.59% | 0.06% | |
| AUM | $7M | $108.7B | |
| Dividend Yield | 9.66% | 3.13% | |
| Holdings | 177 | 104 | |
| YTD Return | +0.00% | +26.50% | |
| 1Y Return | - | +31.25% | |
| 3Y Return (annualized) | - | +16.34% | |
| 5Y Return (annualized) | - | +10.10% | |
| Volatility (annualized) | - | 13.6% | |
| Max Drawdown | -0.5% | -33.4% | |
| Fund Family | TrueShares | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jul 11, 2022 | Oct 20, 2011 |
RNMN vs SCHD Performance
RiverNorth Market Neutral ETF (RNMN) is a ETF from TrueShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Year to date, RNMN is up 0.00% versus a gain of 26.50% for SCHD.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -0.5% for RNMN and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
RNMN charges 0.59% per year while SCHD charges 0.06%. On a $10,000 position that is $59 vs $6 annually, a gap of $53 per year that compounds over a long holding period. On income, RNMN currently yields 9.66% against 3.13% for SCHD.
Holdings Overlap
RNMN and SCHD share 0 holdings out of 187 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, RNMN or SCHD?
RNMN has an expense ratio of 0.59% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $53 per year of difference.
What is the holdings overlap between RNMN and SCHD?
RNMN and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 187 unique securities.
Which pays a higher dividend, RNMN or SCHD?
RNMN yields 9.66% while SCHD yields 3.13%, so RNMN currently pays the higher dividend yield.
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