SCHD vs SVOL
Schwab US Dividend Equity ETF vs Simplify Volatility Premium ETF
Which is better, SCHD or SVOL?
Large Cap Value against Large Cap Blend.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window.
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 | SVOL |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.66% |
| AUM | $112.2B | $526M |
| Dividend Yield | 3.13% | 22.35% |
| Holdings | 103 | 38 |
| YTD Return | +28.59%Best | +9.15% |
| 1Y Return | +31.77%Best | +19.70% |
| 3Y Return (annualized) | +16.70%Best | +7.77% |
| 5Y Return (annualized) | +10.09%Best | +7.58% |
| Volatility (annualized) | 14.5% | 13.5%Best |
| Max Drawdown | -16.9%Best | -33.5% |
| $10,000 over 5 years | $16,171Best | $14,410 |
| Fund Family | Charles Schwab Asset Management | Simplify Exchange Traded Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 20, 2011 | May 12, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 13, 2021 to Sep 3, 2026 (5.3 years).
SCHD vs SVOL 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 5.3 years both funds cover.
SCHD vs SVOL Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Simplify Volatility Premium ETF (SVOL) is an ETF from Simplify Exchange Traded Funds. Over the past year SCHD returned +31.77% while SVOL returned +19.70%. Year to date, SCHD is up 28.59% versus a gain of 9.15% for SVOL.
Over three years, SCHD compounded at +16.70% per year against +7.77% for SVOL; over five years the annualized figures are +10.09% and +7.58% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.5% compared with 13.5% for SVOL. 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 -16.9% for SCHD and -33.5% for SVOL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.56. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while SVOL charges 0.66%. On a $10,000 position that is $6 vs $66 annually, a gap of $60 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 22.35% for SVOL.
Holdings Overlap
We hold position weights for 100 holdings in SCHD and 10 in SVOL, totalling 100.0% and 51.1% 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 10 in SVOL, against full books of 103 and 38.
You are not choosing between two funds in isolation.
Whichever of SCHD and SVOL 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 SVOL?
SCHD has an expense ratio of 0.06% while SVOL charges 0.66%. SCHD is the cheaper option, by $60 a year on a $10,000 investment.
Which performed better, SCHD or SVOL?
Over the past year SCHD returned +31.77% vs +19.70% for SVOL, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SVOL?
SCHD has been the more volatile fund at 14.5% annualized versus 13.5% for SVOL. Worst drawdown: SCHD -16.9% vs SVOL -33.5%.
Should I hold both SCHD and SVOL?
SCHD and SVOL have a monthly-return correlation of 0.56, 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 SVOL?
SCHD yields 3.13% while SVOL yields 22.35%, so SVOL currently pays the higher dividend yield.
Is SVOL better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.