RYLD vs SCHD
RYLD vs SCHD
Global X Russell 2000 Covered Call ETF 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 | RYLD | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.60% | 0.06% | |
| AUM | $1.4B | $103.7B | |
| Dividend Yield | 11.57% | 3.31% | |
| Holdings | 12 | 104 | |
| YTD Return | +13.56% | +24.26% | |
| 1Y Return | +24.91% | +31.38% | |
| 3Y Return (annualized) | +8.68% | +15.08% | |
| 5Y Return (annualized) | +3.19% | +9.72% | |
| Volatility (annualized) | 14.8% | 13.6% | |
| Max Drawdown | -42.5% | -33.4% | |
| Fund Family | Global X by mirae Asset | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Apr 17, 2019 | Oct 20, 2011 |
RYLD vs SCHD Performance
Global X Russell 2000 Covered Call ETF (RYLD) is a ETF from Global X by mirae Asset and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year RYLD returned +24.91% while SCHD returned +31.38%. Year to date, RYLD is up 13.56% versus a gain of 24.26% for SCHD.
Over three years, RYLD compounded at +8.68% per year against +15.08% for SCHD; over five years the annualized figures are +3.19% and +9.72% respectively. Across the full 7-year window we track, SCHD has the edge at +11.39% annualized vs +3.19%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RYLD has been the more volatile fund, with annualized monthly volatility of 14.8% 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 -42.5% for RYLD 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RYLD 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, RYLD currently yields 11.57% against 3.31% for SCHD.
Holdings Overlap
RYLD and SCHD share 0 holdings out of 106 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, RYLD or SCHD?
RYLD 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, RYLD or SCHD?
Over the past year RYLD returned +24.91% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), RYLD annualized +3.19% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, RYLD or SCHD?
RYLD has been the more volatile fund at 14.8% annualized versus 13.6% for SCHD. Worst drawdown: RYLD -42.5% vs SCHD -33.4%.
Should I hold both RYLD and SCHD?
RYLD and SCHD have a monthly-return correlation of 0.77, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between RYLD and SCHD?
RYLD and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 106 unique securities.
Which pays a higher dividend, RYLD or SCHD?
RYLD yields 11.57% while SCHD yields 3.31%, so RYLD 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.