SCHD vs UPAR
Schwab US Dividend Equity ETF vs UPAR Ultra Risk Parity ETF
Which is better, SCHD or UPAR?
Large Cap Value against Multi Alternative.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 51.9%.
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 | UPAR |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.68% |
| AUM | $119.9B | $54M |
| Dividend Yield | 2.96% | 3.38% |
| Holdings | 204 | 154 |
| YTD Return | +31.72%Best | +1.54% |
| 1Y Return | +37.84%Best | +2.22% |
| 3Y Return (annualized) | +19.79%Best | +12.36% |
| 5Y Return (annualized) | +10.20% | - |
| Volatility (annualized) | 15.4%Best | 19.5% |
| Max Drawdown | -16.9%Best | -39.0% |
| $10,000 over 4.8 years | $15,439Best | $9,138 |
| Top 10 Weight | 41.8%Best | 51.9% |
| Fund Family | Charles Schwab Asset Management | Rpar ETF |
| Category | Equity | Alternative |
| Style | Large Cap Value | Multi Alternative |
| Inception | Oct 20, 2011 | Jan 3, 2022 |
Volatility and max drawdown, and the $10,000 over 4.8 years row, are measured over the window both funds cover: Jan 4, 2022 to Nov 9, 2026 (4.8 years).
SCHD vs UPAR 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 4.8 years both funds cover.
SCHD vs UPAR Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and UPAR Ultra Risk Parity ETF (UPAR) is an ETF from Rpar ETF. Over the past year SCHD returned +37.84% while UPAR returned +2.22%. Year to date, SCHD is up 31.72% versus a gain of 1.54% for UPAR.
Over three years, SCHD compounded at +19.79% per year against +12.36% for UPAR.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UPAR has been the more volatile fund, with annualized monthly volatility of 19.5% compared with 15.4% 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 -39.0% for UPAR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. 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 2.96% against 3.38% for UPAR.
Holdings Overlap
12.0% of SCHD's money is in holdings UPAR also owns. 2.0% of UPAR's money is in holdings SCHD also owns.
SCHD and UPAR share little of their money.
4 positions in common, counted across the 98 positions we hold weights for in SCHD and 144 in UPAR, against full books of 204 and 154.
What only one of them owns
Our book lists 56 positions for UPAR that do not appear in our book for SCHD (83.4% of the fund), and 93 for SCHD that do not appear in UPAR (87.8%).
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 UPAR 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 UPAR?
SCHD has an expense ratio of 0.06% while UPAR charges 0.68%. SCHD is the cheaper option, by $62 a year on a $10,000 investment.
Which performed better, SCHD or UPAR?
Over the past year SCHD returned +37.84% vs +2.22% for UPAR, 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 UPAR?
UPAR has been the more volatile fund at 19.5% annualized versus 15.4% for SCHD. Worst drawdown: SCHD -16.9% vs UPAR -39.0%.
Should I hold both SCHD and UPAR?
SCHD and UPAR have a monthly-return correlation of 0.74, 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 UPAR?
12.0% of SCHD's money is in holdings UPAR also owns. 2.0% of UPAR's is in holdings SCHD also owns. They hold 4 positions in common, counted across the 98 positions we hold weights for in SCHD and 144 in UPAR.
Which pays a higher dividend, SCHD or UPAR?
SCHD yields 2.96% while UPAR yields 3.38%, so UPAR currently pays the higher dividend yield.
Is UPAR better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 51.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.