SCHD vs SMAP
Schwab US Dividend Equity ETF vs Amplify Small-Mid Cap 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 | SCHD | SMAP | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.60% | |
| AUM | $103.7B | $1M | |
| Dividend Yield | 3.31% | 0.42% | |
| Holdings | 104 | 57 | |
| YTD Return | +25.33% | +6.50% | |
| 1Y Return | +32.31% | +12.14% | |
| 3Y Return (annualized) | +15.40% | - | |
| 5Y Return (annualized) | +9.70% | - | |
| Volatility (annualized) | 13.6% | 15.0% | |
| Max Drawdown | -33.4% | -24.2% | |
| Fund Family | Charles Schwab Asset Management | Amplify ETFs | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Oct 23, 2024 |
SCHD vs SMAP Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Amplify Small-Mid Cap Equity ETF (SMAP) is a ETF from Amplify ETFs. Over the past year SCHD returned +32.31% while SMAP returned +12.14%. Year to date, SCHD is up 25.33% versus a gain of 6.50% for SMAP.
Risk: Volatility and Drawdowns
SMAP has been the more volatile fund, with annualized monthly volatility of 15.0% 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 -24.2% for SMAP. 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while SMAP charges 0.60%. On a $10,000 position that is $6 vs $60 annually, a gap of $54 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.42% for SMAP.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, SCHD or SMAP?
SCHD has an expense ratio of 0.06% while SMAP charges 0.60%. SCHD is the cheaper option. On a $10,000 investment, that is $54 per year of difference.
Which performed better, SCHD or SMAP?
Over the past year SCHD returned +32.31% vs +12.14% for SMAP, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), SCHD annualized +11.45% vs +5.13% for SMAP. Past performance does not guarantee future results.
Which is riskier, SCHD or SMAP?
SMAP has been the more volatile fund at 15.0% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs SMAP -24.2%.
Should I hold both SCHD and SMAP?
SCHD and SMAP have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and SMAP?
SCHD and SMAP share 2 common holdings with a 0.6% weight overlap. Combined, they hold 154 unique securities.
Which pays a higher dividend, SCHD or SMAP?
SCHD yields 3.31% while SMAP yields 0.42%, so SCHD currently pays the higher dividend yield.
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