SCHD vs ULTY
SCHD vs ULTY
Schwab US Dividend Equity ETF vs YieldMax Ultra Option Income Strategy ETF
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 | ULTY | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 1.30% | |
| AUM | $103.7B | $758M | |
| Dividend Yield | 3.31% | 48.37% | |
| Holdings | 104 | 99 | |
| YTD Return | +24.26% | +6.26% | |
| 1Y Return | +31.38% | -7.97% | |
| 3Y Return (annualized) | +15.08% | - | |
| 5Y Return (annualized) | +9.72% | - | |
| Volatility (annualized) | 13.6% | 22.9% | |
| Max Drawdown | -33.4% | -26.9% | |
| Fund Family | Charles Schwab Asset Management | YieldMax ETF | |
| Category | Equity | Alternative | |
| Inception | Oct 20, 2011 | Feb 28, 2024 |
SCHD vs ULTY Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and YieldMax Ultra Option Income Strategy ETF (ULTY) is a ETF from YieldMax ETF. Over the past year SCHD returned +31.38% while ULTY returned -7.97%. Year to date, SCHD is up 24.26% versus a gain of 6.26% for ULTY.
Risk: Volatility and Drawdowns
ULTY has been the more volatile fund, with annualized monthly volatility of 22.9% 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 -26.9% for ULTY. 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 0.22. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while ULTY charges 1.30%. On a $10,000 position that is $6 vs $130 annually, a gap of $124 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 48.37% for ULTY.
Holdings Overlap
SCHD and ULTY 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 ULTY?
SCHD has an expense ratio of 0.06% while ULTY charges 1.30%. SCHD is the cheaper option. On a $10,000 investment, that is $124 per year of difference.
Which performed better, SCHD or ULTY?
Over the past year SCHD returned +31.38% vs -7.97% for ULTY, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), SCHD annualized +11.39% vs +2.63% for ULTY. Past performance does not guarantee future results.
Which is riskier, SCHD or ULTY?
ULTY has been the more volatile fund at 22.9% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs ULTY -26.9%.
Should I hold both SCHD and ULTY?
SCHD and ULTY have a monthly-return correlation of 0.22, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and ULTY?
SCHD and ULTY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 126 unique securities.
Which pays a higher dividend, SCHD or ULTY?
SCHD yields 3.31% while ULTY yields 48.37%, so ULTY currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.