SCHD vs UMI
Schwab US Dividend Equity ETF vs USCF Midstream Energy Income ETF
Which is better, SCHD or UMI?
Large Cap Value against All Cap Blend.
SCHD has a lower expense ratio. UMI led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 62.2%.
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 | UMI |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.69% |
| AUM | $112.1B | $520M |
| Dividend Yield | 3.00% | 5.83% |
| Holdings | 103 | 25 |
| YTD Return | +24.59% | +26.03%Best |
| 1Y Return | +28.14% | +29.16%Best |
| 3Y Return (annualized) | +15.58% | +26.84%Best |
| 5Y Return (annualized) | +9.90% | +22.91%Best |
| Volatility (annualized) | 14.4%Best | 17.4% |
| Max Drawdown | -16.9%Best | -20.1% |
| $10,000 over 5 years | $16,032 | $28,050Best |
| Top 10 Weight | 41.8%Best | 62.2% |
| Fund Family | Charles Schwab Asset Management | USCF Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | All Cap Blend |
| Inception | Oct 20, 2011 | Mar 24, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Mar 24, 2021 to Sep 10, 2026 (5.5 years).
SCHD vs UMI 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 5.5 years both funds cover.
SCHD vs UMI Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and USCF Midstream Energy Income ETF (UMI) is an ETF from USCF Investments. Over the past year SCHD returned +28.14% while UMI returned +29.16%. Year to date, SCHD is up 24.59% versus a gain of 26.03% for UMI.
Over three years, SCHD compounded at +15.58% per year against +26.84% for UMI; over five years the annualized figures are +9.90% and +22.91% respectively. Across the full 6-year window we track, UMI has the edge at +23.88% annualized vs +10.52%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UMI has been the more volatile fund, with annualized monthly volatility of 17.4% compared with 14.4% 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 -16.9% for SCHD and -20.1% for UMI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while UMI charges 0.69%. On a $10,000 position that is $6 vs $69 annually, a gap of $63 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 5.83% for UMI.
Holdings Overlap
1.5% of SCHD's money is in holdings UMI also owns. 5.1% of UMI's money is in holdings SCHD also owns.
UMI and SCHD share little of their money.
1 positions in common, counted across the 100 positions we hold weights for in SCHD and 23 in UMI, against full books of 103 and 25.
What only one of them owns
Our book lists 16 positions for UMI that do not appear in our book for SCHD (73.3% of the fund), and 98 for SCHD that do not appear in UMI (98.5%).
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.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in UMI | Difference |
|---|---|---|---|
| OKEOneok Inc. | 1.47% | 5.08% | 3.61% |
You are not choosing between two funds in isolation.
Whichever of SCHD and UMI 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 UMI?
SCHD has an expense ratio of 0.06% while UMI charges 0.69%. SCHD is the cheaper option, by $63 a year on a $10,000 investment.
Which performed better, SCHD or UMI?
Over the past year SCHD returned +28.14% vs +29.16% for UMI, so UMI leads on 1-year performance. Over the longest common window we track (6 years), SCHD annualized +10.52% vs +23.88% for UMI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or UMI?
UMI has been the more volatile fund at 17.4% annualized versus 14.4% for SCHD. Worst drawdown: SCHD -16.9% vs UMI -20.1%.
Should I hold both SCHD and UMI?
SCHD and UMI have a monthly-return correlation of 0.68, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between SCHD and UMI?
5.1% of UMI's money is in holdings SCHD also owns. 5.1% of UMI's is in holdings SCHD also owns. They hold 1 positions in common, counted across the 100 positions we hold weights for in SCHD and 23 in UMI.
Which pays a higher dividend, SCHD or UMI?
SCHD yields 3.00% while UMI yields 5.83%, so UMI currently pays the higher dividend yield.
Is UMI better than SCHD?
SCHD has a lower expense ratio. UMI led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 62.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.