SCHD vs SURI
Schwab US Dividend Equity ETF vs Simplify Propel Opportunities ETF
Quick Verdict
SCHD has a lower expense ratio. SURI delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | SCHD | SURI | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 2.57% | |
| AUM | $103.7B | $77M | |
| Dividend Yield | 3.31% | 15.48% | |
| Holdings | 104 | 49 | |
| YTD Return | +25.58% | +20.77% | |
| 1Y Return | +31.06% | +44.92% | |
| 3Y Return (annualized) | +15.55% | +12.14% | |
| 5Y Return (annualized) | +9.61% | - | |
| Volatility (annualized) | 13.6% | 29.2% | |
| Max Drawdown | -33.4% | -47.8% | |
| Fund Family | Charles Schwab Asset Management | Simplify Exchange Traded Funds | |
| Category | Equity | Allocation/Balanced | |
| Inception | Oct 20, 2011 | Feb 7, 2023 |
SCHD vs SURI Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Simplify Propel Opportunities ETF (SURI) is a ETF from Simplify Exchange Traded Funds. Over the past year SCHD returned +31.06% while SURI returned +44.92%. Year to date, SCHD is up 25.58% versus a gain of 20.77% for SURI.
Over three years, SCHD compounded at +15.55% per year against +12.14% for SURI. Across the full 4-year window we track, SCHD has the edge at +11.46% annualized vs +8.10%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SURI has been the more volatile fund, with annualized monthly volatility of 29.2% 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 -47.8% for SURI. 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 0.43. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while SURI charges 2.57%. On a $10,000 position that is $6 vs $257 annually, a gap of $251 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 15.48% for SURI.
Holdings Overlap
SCHD and SURI share 0 holdings out of 126 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 SURI?
SCHD has an expense ratio of 0.06% while SURI charges 2.57%. SCHD is the cheaper option. On a $10,000 investment, that is $251 per year of difference.
Which performed better, SCHD or SURI?
Over the past year SCHD returned +31.06% vs +44.92% for SURI, so SURI leads on 1-year performance. Over the longest common window we track (4 years), SCHD annualized +11.46% vs +8.10% for SURI. Past performance does not guarantee future results.
Which is riskier, SCHD or SURI?
SURI has been the more volatile fund at 29.2% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs SURI -47.8%.
Should I hold both SCHD and SURI?
SCHD and SURI have a monthly-return correlation of 0.43, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and SURI?
SCHD and SURI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 126 unique securities.
Which pays a higher dividend, SCHD or SURI?
SCHD yields 3.31% while SURI yields 15.48%, so SURI currently pays the higher dividend yield.
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