SCHD vs ULTY
Schwab US Dividend Equity ETF vs YieldMax Ultra Option Income Strategy ETF
Which is better, SCHD or ULTY?
Large Cap Value against Option Writing.
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 42.9%.
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 | ULTY |
|---|---|---|
| Expense Ratio | 0.06%Best | 1.30% |
| AUM | $112.1B | $733M |
| Dividend Yield | 3.00% | 135.06% |
| Holdings | 103 | 102 |
| YTD Return | +23.46%Best | +7.76% |
| 1Y Return | +27.20%Best | -9.28% |
| 3Y Return (annualized) | +15.41% | - |
| 5Y Return (annualized) | +10.16% | - |
| Volatility (annualized) | 13.3%Best | 22.6% |
| Max Drawdown | -16.1%Best | -26.9% |
| $10,000 over 2.6 years | $14,353Best | $10,818 |
| Top 10 Weight | 41.8%Best | 42.9% |
| Fund Family | Charles Schwab Asset Management | YieldMax ETF |
| Category | Equity | Alternative |
| Style | Large Cap Value | Option Writing |
| Inception | Oct 20, 2011 | Feb 28, 2024 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Feb 29, 2024 to Sep 18, 2026 (2.6 years).
SCHD vs ULTY 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 2.6 years both funds cover.
SCHD vs ULTY Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and YieldMax Ultra Option Income Strategy ETF (ULTY) is an ETF from YieldMax ETF. Over the past year SCHD returned +27.20% while ULTY returned -9.28%. Year to date, SCHD is up 23.46% versus a gain of 7.76% for ULTY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ULTY has been the more volatile fund, with annualized monthly volatility of 22.6% compared with 13.3% 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 -16.1% for SCHD and -26.9% for ULTY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.23. They move largely independently of each other.
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 3.00% against 135.06% for ULTY.
Holdings Overlap
We hold position weights for 100 holdings in SCHD and 28 in ULTY, totalling 100.0% and 100.1% 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 28 in ULTY, against full books of 103 and 102.
What only one of them owns
Our book lists 26 positions for ULTY that do not appear in our book for SCHD (92.3% of the fund), and 99 for SCHD that do not appear in ULTY (99.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of SCHD and ULTY 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 ULTY?
SCHD has an expense ratio of 0.06% while ULTY charges 1.30%. SCHD is the cheaper option, by $124 a year on a $10,000 investment.
Which performed better, SCHD or ULTY?
Over the past year SCHD returned +27.20% vs -9.28% for ULTY, 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 ULTY?
ULTY has been the more volatile fund at 22.6% annualized versus 13.3% for SCHD. Worst drawdown: SCHD -16.1% vs ULTY -26.9%.
Should I hold both SCHD and ULTY?
SCHD and ULTY have a monthly-return correlation of 0.23, 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 ULTY?
SCHD yields 3.00% while ULTY yields 135.06%, so ULTY currently pays the higher dividend yield.
Is ULTY 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 42.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.