SCHD vs SEPZ
Schwab US Dividend Equity ETF vs TrueShares Structured Outcome (September) ETF
Which is better, SCHD or SEPZ?
Large Cap Value against All Cap Blend.
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 | SCHD | SEPZ |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.79% |
| AUM | $112.1B | $129M |
| Dividend Yield | 3.00% | 2.00% |
| Holdings | 103 | 17 |
| YTD Return | +24.59%Best | +8.64% |
| 1Y Return | +28.14%Best | +10.41% |
| 3Y Return (annualized) | +15.58%Best | +13.02% |
| 5Y Return (annualized) | +9.90%Best | +9.24% |
| Volatility (annualized) | 15.2% | 11.6%Best |
| Max Drawdown | -16.9%Best | -17.1% |
| $10,000 over 5 years | $16,032Best | $15,556 |
| Fund Family | Charles Schwab Asset Management | TrueShares |
| Category | Equity | Equity |
| Style | Large Cap Value | All Cap Blend |
| Inception | Oct 20, 2011 | Aug 31, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 1, 2020 to Sep 10, 2026 (6 years).
SCHD vs SEPZ 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 years both funds cover.
SCHD vs SEPZ Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and TrueShares Structured Outcome (September) ETF (SEPZ) is an ETF from TrueShares. Over the past year SCHD returned +28.14% while SEPZ returned +10.41%. Year to date, SCHD is up 24.59% versus a gain of 8.64% for SEPZ.
Over three years, SCHD compounded at +15.58% per year against +13.02% for SEPZ; over five years the annualized figures are +9.90% and +9.24% respectively. Across the full 6-year window we track, SCHD has the edge at +13.57% annualized vs +11.36%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 15.2% compared with 11.6% for SEPZ. 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 -16.9% for SCHD and -17.1% for SEPZ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while SEPZ charges 0.79%. On a $10,000 position that is $6 vs $79 annually, a gap of $73 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 2.00% for SEPZ.
Holdings Overlap
At least 0.1% of SCHD's money is in holdings SEPZ also owns.
Stated as a floor: for SEPZ, our book for it covers 0.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 100 positions we hold weights for in SCHD and 1 in SEPZ, against full books of 103 and 17.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in SEPZ | Difference |
|---|---|---|---|
| GVMXXSsi Us Gov Money Market Class | 0.06% | 0.07% | 0.01% |
You are not choosing between two funds in isolation.
Whichever of SCHD and SEPZ 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, SCHD or SEPZ?
SCHD has an expense ratio of 0.06% while SEPZ charges 0.79%. SCHD is the cheaper option, by $73 a year on a $10,000 investment.
Which performed better, SCHD or SEPZ?
Over the past year SCHD returned +28.14% vs +10.41% for SEPZ, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), SCHD annualized +13.57% vs +11.36% for SEPZ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SEPZ?
SCHD has been the more volatile fund at 15.2% annualized versus 11.6% for SEPZ. Worst drawdown: SCHD -16.9% vs SEPZ -17.1%.
Should I hold both SCHD and SEPZ?
SCHD and SEPZ have a monthly-return correlation of 0.73, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SCHD or SEPZ?
SCHD yields 3.00% while SEPZ yields 2.00%, so SCHD currently pays the higher dividend yield.
Is SEPZ better than SCHD?
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.