RPAR vs SCHD
RPAR Risk Parity ETF vs Schwab US Dividend Equity ETF
Which is better, RPAR or SCHD?
Debt-oriented balanced against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window.
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 | RPAR | SCHD |
|---|---|---|
| Expense Ratio | 0.52% | 0.06%Best |
| AUM | $581M | $112.1B |
| Dividend Yield | 2.37% | 3.00% |
| Holdings | 138 | 103 |
| YTD Return | +3.50% | +24.59%Best |
| 1Y Return | +8.17% | +28.14%Best |
| 3Y Return (annualized) | +9.14% | +15.58%Best |
| 5Y Return (annualized) | +0.50% | +9.90%Best |
| Volatility (annualized) | 13.3%Best | 16.8% |
| Max Drawdown | -30.2%Best | -33.4% |
| $10,000 over 5 years | $10,253 | $16,032Best |
| Fund Family | Rpar ETF | Charles Schwab Asset Management |
| Category | Allocation/Balanced | Equity |
| Style | Debt-oriented balanced | Large Cap Value |
| Inception | Dec 12, 2019 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 13, 2019 to Sep 10, 2026 (6.7 years).
RPAR 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 covers the 6.7 years both funds cover.
RPAR vs SCHD Performance
RPAR Risk Parity ETF (RPAR) is an ETF from Rpar ETF and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year RPAR returned +8.17% while SCHD returned +28.14%. Year to date, RPAR is up 3.50% versus a gain of 24.59% for SCHD.
Over three years, RPAR compounded at +9.14% per year against +15.58% for SCHD; over five years the annualized figures are +0.50% and +9.90% respectively. Across the full 7-year window we track, SCHD has the edge at +12.06% annualized vs +3.75%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 13.3% for RPAR. 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 -30.2% for RPAR 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 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
RPAR charges 0.52% per year while SCHD charges 0.06%. On a $10,000 position that is $52 vs $6 annually, a gap of $46 per year that compounds over a long holding period. On income, RPAR currently yields 2.37% against 3.00% for SCHD.
Holdings Overlap
At least 11.2% of SCHD's money is in holdings RPAR also owns.
Stated as a floor: for RPAR, our book for it covers 52.4% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SCHD and RPAR share little of their money.
4 positions in common, counted across the 130 positions we hold weights for in RPAR and 100 in SCHD, against full books of 138 and 103.
You are not choosing between two funds in isolation.
Whichever of RPAR and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, RPAR or SCHD?
RPAR has an expense ratio of 0.52% while SCHD charges 0.06%. SCHD is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, RPAR or SCHD?
Over the past year RPAR returned +8.17% vs +28.14% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), RPAR annualized +3.75% vs +12.06% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RPAR or SCHD?
SCHD has been the more volatile fund at 16.8% annualized versus 13.3% for RPAR. Worst drawdown: RPAR -30.2% vs SCHD -33.4%.
Should I hold both RPAR and SCHD?
RPAR and SCHD have a monthly-return correlation of 0.68, 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 RPAR and SCHD?
At least 11.2% of SCHD's money is in holdings RPAR also owns. Our book for RPAR is partial, so the real figure is this or higher. They hold 4 positions in common, counted across the 130 positions we hold weights for in RPAR and 100 in SCHD.
Which pays a higher dividend, RPAR or SCHD?
RPAR yields 2.37% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than RPAR?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.