SCHD vs UPAR
Schwab US Dividend Equity ETF vs UPAR Ultra Risk Parity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. UPAR offers more diversification with 129 holdings.
Side-by-Side Comparison
| Metric | SCHD | UPAR | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.68% | |
| AUM | $103.7B | $59M | |
| Dividend Yield | 3.31% | 3.46% | |
| Holdings | 104 | 140 | |
| YTD Return | +25.58% | +5.92% | |
| 1Y Return | +31.06% | +17.61% | |
| 3Y Return (annualized) | +15.55% | +10.91% | |
| 5Y Return (annualized) | +9.61% | - | |
| Volatility (annualized) | 13.6% | 19.6% | |
| Max Drawdown | -33.4% | -39.0% | |
| Fund Family | Charles Schwab Asset Management | Rpar ETF | |
| Category | Equity | Alternative | |
| Inception | Oct 20, 2011 | Jan 3, 2022 |
SCHD vs UPAR Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and UPAR Ultra Risk Parity ETF (UPAR) is a ETF from Rpar ETF. Over the past year SCHD returned +31.06% while UPAR returned +17.61%. Year to date, SCHD is up 25.58% versus a gain of 5.92% for UPAR.
Over three years, SCHD compounded at +15.55% per year against +10.91% for UPAR. Across the full 5-year window we track, SCHD has the edge at +11.46% annualized vs -1.06%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UPAR has been the more volatile fund, with annualized monthly volatility of 19.6% 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 -39.0% for UPAR. 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while UPAR charges 0.68%. On a $10,000 position that is $6 vs $68 annually, a gap of $62 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 3.46% for UPAR.
Holdings Overlap
SCHD and UPAR share 4 holdings out of 225 unique holdings combined, representing a 2.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SCHD or UPAR?
SCHD has an expense ratio of 0.06% while UPAR charges 0.68%. SCHD is the cheaper option. On a $10,000 investment, that is $62 per year of difference.
Which performed better, SCHD or UPAR?
Over the past year SCHD returned +31.06% vs +17.61% for UPAR, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), SCHD annualized +11.46% vs -1.06% for UPAR. Past performance does not guarantee future results.
Which is riskier, SCHD or UPAR?
UPAR has been the more volatile fund at 19.6% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs UPAR -39.0%.
Should I hold both SCHD and UPAR?
SCHD and UPAR have a monthly-return correlation of 0.75, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and UPAR?
SCHD and UPAR share 4 common holdings with a 2.0% weight overlap. Combined, they hold 225 unique securities.
Which pays a higher dividend, SCHD or UPAR?
SCHD yields 3.31% while UPAR yields 3.46%, so UPAR currently pays the higher dividend yield.
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