SCHD vs SNOV
Schwab US Dividend Equity ETF vs FT Vest US Small Cap Moderate Buffer ETF - November
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 | SNOV | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.90% | |
| AUM | $103.7B | $116M | |
| Dividend Yield | 3.31% | 0.00% | |
| Holdings | 104 | 5 | |
| YTD Return | +25.62% | +10.68% | |
| 1Y Return | +32.62% | +17.47% | |
| 3Y Return (annualized) | +15.58% | - | |
| 5Y Return (annualized) | +9.63% | - | |
| Volatility (annualized) | 13.6% | 8.2% | |
| Max Drawdown | -33.4% | -15.4% | |
| Fund Family | Charles Schwab Asset Management | First Trust Portfolios (US) | |
| Category | Equity | Alternative | |
| Inception | Oct 20, 2011 | Nov 17, 2023 |
SCHD vs SNOV Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and FT Vest US Small Cap Moderate Buffer ETF - November (SNOV) is a ETF from First Trust Portfolios (US). Over the past year SCHD returned +32.62% while SNOV returned +17.47%. Year to date, SCHD is up 25.62% versus a gain of 10.68% for SNOV.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 8.2% for SNOV. 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 -15.4% for SNOV. 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 0.61. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while SNOV charges 0.90%. On a $10,000 position that is $6 vs $90 annually, a gap of $84 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.00% for SNOV.
Holdings Overlap
SCHD and SNOV share 0 holdings out of 101 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, SCHD or SNOV?
SCHD has an expense ratio of 0.06% while SNOV charges 0.90%. SCHD is the cheaper option. On a $10,000 investment, that is $84 per year of difference.
Which performed better, SCHD or SNOV?
Over the past year SCHD returned +32.62% vs +17.47% for SNOV, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), SCHD annualized +11.47% vs +12.25% for SNOV. Past performance does not guarantee future results.
Which is riskier, SCHD or SNOV?
SCHD has been the more volatile fund at 13.6% annualized versus 8.2% for SNOV. Worst drawdown: SCHD -33.4% vs SNOV -15.4%.
Should I hold both SCHD and SNOV?
SCHD and SNOV have a monthly-return correlation of 0.61, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and SNOV?
SCHD and SNOV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, SCHD or SNOV?
SCHD yields 3.31% while SNOV yields 0.00%, so SCHD currently pays the higher dividend yield.
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