SCHD vs UJUN

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricSCHDUJUNWinner
Expense Ratio0.06%0.79%
AUM$103.7B$185M
Dividend Yield3.31%0.00%
Holdings10411
YTD Return+24.26%+4.82%
1Y Return+31.38%+9.08%
3Y Return (annualized)+15.08%+10.97%
5Y Return (annualized)+9.72%+6.35%
Volatility (annualized)13.6%7.1%
Max Drawdown-33.4%-13.7%
Fund FamilyCharles Schwab Asset ManagementInnovator ETFs Trust
CategoryEquityAlternative
InceptionOct 20, 2011May 31, 2019

SCHD vs UJUN Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Innovator US Equity Ultra Buffer ETF - June (UJUN) is a ETF from Innovator ETFs Trust. Over the past year SCHD returned +31.38% while UJUN returned +9.08%. Year to date, SCHD is up 24.26% versus a gain of 4.82% for UJUN.

Over three years, SCHD compounded at +15.08% per year against +10.97% for UJUN; over five years the annualized figures are +9.72% and +6.35% respectively. Across the full 7-year window we track, SCHD has the edge at +11.39% annualized vs +6.77%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 7.1% for UJUN. 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 -13.7% for UJUN. 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 0.72. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

SCHD charges 0.06% per year while UJUN 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 3.31% against 0.00% for UJUN.

Holdings Overlap

0.0%overlap

SCHD and UJUN 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 UJUN?

SCHD has an expense ratio of 0.06% while UJUN charges 0.79%. SCHD is the cheaper option. On a $10,000 investment, that is $73 per year of difference.

Which performed better, SCHD or UJUN?

Over the past year SCHD returned +31.38% vs +9.08% for UJUN, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), SCHD annualized +11.39% vs +6.77% for UJUN. Past performance does not guarantee future results.

Which is riskier, SCHD or UJUN?

SCHD has been the more volatile fund at 13.6% annualized versus 7.1% for UJUN. Worst drawdown: SCHD -33.4% vs UJUN -13.7%.

Should I hold both SCHD and UJUN?

SCHD and UJUN have a monthly-return correlation of 0.72, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SCHD and UJUN?

SCHD and UJUN share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.

Which pays a higher dividend, SCHD or UJUN?

SCHD yields 3.31% while UJUN yields 0.00%, so SCHD currently pays the higher dividend yield.

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