SCHD vs SLVY

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 104 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricSCHDSLVYWinner
Expense Ratio0.06%0.85%
AUM$108.7B$1M
Dividend Yield3.13%0.00%
Holdings1040
YTD Return+26.54%+7.05%
1Y Return+30.90%+7.05%
3Y Return (annualized)+16.29%-
5Y Return (annualized)+9.65%-
Volatility (annualized)13.6%52.2%
Max Drawdown-33.4%-64.2%
Fund FamilyCharles Schwab Asset ManagementFirst Trust Portfolios (US)
CategoryEquityCommodity
InceptionOct 20, 2011Jul 8, 2026

SCHD vs SLVY Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and FT Vest Silver Strategy & Target Income ETF (SLVY) is a ETF from First Trust Portfolios (US). Over the past year SCHD returned +30.90% while SLVY returned +7.05%. Year to date, SCHD is up 26.54% versus a gain of 7.05% for SLVY.

Risk: Volatility and Drawdowns

SLVY has been the more volatile fund, with annualized monthly volatility of 52.2% 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 -33.4% for SCHD and -64.2% for SLVY. 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 -0.39. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SCHD charges 0.06% per year while SLVY charges 0.85%. On a $10,000 position that is $6 vs $85 annually, a gap of $79 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 0.00% for SLVY.

Frequently Asked Questions

Which is cheaper, SCHD or SLVY?

SCHD has an expense ratio of 0.06% while SLVY charges 0.85%. SCHD is the cheaper option. On a $10,000 investment, that is $79 per year of difference.

Which performed better, SCHD or SLVY?

Over the past year SCHD returned +30.90% vs +7.05% for SLVY, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.51% vs -5.09% for SLVY. Past performance does not guarantee future results.

Which is riskier, SCHD or SLVY?

SLVY has been the more volatile fund at 52.2% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs SLVY -64.2%.

Should I hold both SCHD and SLVY?

SCHD and SLVY have a monthly-return correlation of -0.39, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, SCHD or SLVY?

SCHD yields 3.13% while SLVY yields 0.00%, so SCHD currently pays the higher dividend yield.

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