SCHD vs UPSD
SCHD vs UPSD
Schwab US Dividend Equity ETF vs Aptus Large Cap Upside ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns.
Side-by-Side Comparison
| Metric | SCHD | UPSD | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.79% | |
| AUM | $103.7B | $114M | |
| Dividend Yield | 3.31% | 0.68% | |
| Holdings | 104 | 103 | |
| YTD Return | +24.26% | +12.83% | |
| 1Y Return | +31.38% | +21.15% | |
| 3Y Return (annualized) | +15.08% | - | |
| 5Y Return (annualized) | +9.72% | - | |
| Volatility (annualized) | 13.6% | 14.4% | |
| Max Drawdown | -33.4% | -23.9% | |
| Fund Family | Charles Schwab Asset Management | Aptus ETFs | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Nov 20, 2024 |
SCHD vs UPSD Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Aptus Large Cap Upside ETF (UPSD) is a ETF from Aptus ETFs. Over the past year SCHD returned +31.38% while UPSD returned +21.15%. Year to date, SCHD is up 24.26% versus a gain of 12.83% for UPSD.
Risk: Volatility and Drawdowns
UPSD has been the more volatile fund, with annualized monthly volatility of 14.4% 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 -23.9% for UPSD. 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 0.61. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while UPSD charges 0.79%. On a $10,000 position that is $6 vs $79 annually, a gap of $73 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.68% for UPSD.
Holdings Overlap
SCHD and UPSD share 9 holdings out of 191 unique holdings combined, representing a 6.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in UPSD | Difference |
|---|---|---|---|
| KO | 4.08% | 1.02% | 3.06% |
| MRK | 4.32% | 0.54% | 3.78% |
| PG | 4.15% | 0.65% | 3.50% |
| PEP | Pro | Pro | Pro |
| MO | Pro | Pro | Pro |
| LMT | Pro | Pro | Pro |
| ADP | Pro | Pro | Pro |
| HSY | Pro | Pro | Pro |
| BR | Pro | Pro | Pro |
See all 9 holdings SCHD shares with UPSD Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, SCHD or UPSD?
SCHD has an expense ratio of 0.06% while UPSD charges 0.79%. SCHD is the cheaper option. On a $10,000 investment, that is $73 per year of difference.
Which performed better, SCHD or UPSD?
Over the past year SCHD returned +31.38% vs +21.15% for UPSD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), SCHD annualized +11.39% vs +11.47% for UPSD. Past performance does not guarantee future results.
Which is riskier, SCHD or UPSD?
UPSD has been the more volatile fund at 14.4% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs UPSD -23.9%.
Should I hold both SCHD and UPSD?
SCHD and UPSD have a monthly-return correlation of 0.61, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and UPSD?
SCHD and UPSD share 9 common holdings with a 6.9% weight overlap. Combined, they hold 191 unique securities.
Which pays a higher dividend, SCHD or UPSD?
SCHD yields 3.31% while UPSD yields 0.68%, so SCHD currently pays the higher dividend yield.
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