SCHD vs SPBU
Schwab US Dividend Equity ETF vs AllianzIM Buffer15 Uncapped Allocation ETF
Which is better, SCHD or SPBU?
Large Cap Value against Allocation/Balanced.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 83.5%.
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 | SPBU |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.79% |
| AUM | $112.1B | $187M |
| Dividend Yield | 3.00% | 0.00% |
| Holdings | 103 | 13 |
| YTD Return | +24.04%Best | +7.17% |
| 1Y Return | +27.95%Best | +10.18% |
| 3Y Return (annualized) | +15.51% | - |
| 5Y Return (annualized) | +9.80% | - |
| Volatility (annualized) | 14.1% | 9.3%Best |
| Max Drawdown | -13.8% | -8.3%Best |
| $10,000 over 1.5 years | $12,673Best | $12,165 |
| Top 10 Weight | 41.8%Best | 83.5% |
| Fund Family | Charles Schwab Asset Management | AllianzIM |
| Category | Equity | Allocation/Balanced |
| Style | Large Cap Value | Allocation/Balanced |
| Inception | Oct 20, 2011 | Mar 5, 2025 |
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Mar 6, 2025 to Sep 16, 2026 (1.5 years).
SCHD vs SPBU 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 1.5 years both funds cover.
SCHD vs SPBU Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and AllianzIM Buffer15 Uncapped Allocation ETF (SPBU) is an ETF from AllianzIM. Over the past year SCHD returned +27.95% while SPBU returned +10.18%. Year to date, SCHD is up 24.04% versus a gain of 7.17% for SPBU.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 9.3% for SPBU. 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 -13.8% for SCHD and -8.3% for SPBU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.28. They move largely independently of each other.
Fees and Cost Over Time
SCHD charges 0.06% per year while SPBU 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 0.00% for SPBU.
Holdings Overlap
We hold position weights for 100 holdings in SCHD and 12 in SPBU, totalling 100.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 100 positions we hold weights for in SCHD and 12 in SPBU, against full books of 103 and 13.
What only one of them owns
Measured across the 100 and 12 positions we hold weights for.
SCHD holds 99 positions SPBU does not, 99.9% of the fund.
Largest: MRK 4.77%, AMGN 4.70%, ABT 4.69%, KO 4.17%, CVX 4.02%
You are not choosing between two funds in isolation.
Whichever of SCHD and SPBU 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 SPBU?
SCHD has an expense ratio of 0.06% while SPBU charges 0.79%. SCHD is the cheaper option, by $73 a year on a $10,000 investment.
Which performed better, SCHD or SPBU?
Over the past year SCHD returned +27.95% vs +10.18% for SPBU, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), SCHD annualized +17.11% vs +13.96% for SPBU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SPBU?
SCHD has been the more volatile fund at 14.1% annualized versus 9.3% for SPBU. Worst drawdown: SCHD -13.8% vs SPBU -8.3%.
Should I hold both SCHD and SPBU?
SCHD and SPBU have a monthly-return correlation of 0.28, 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 SPBU?
SCHD yields 3.00% while SPBU yields 0.00%, so SCHD currently pays the higher dividend yield.
Is SPBU better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 83.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.