SCHD vs UTF

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. UTF offers more diversification with 242 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: UTF

Side-by-Side Comparison

MetricSCHDUTFWinner
Expense Ratio0.06%3.42%
AUM$103.7B$3,053.86
Dividend Yield3.31%6.75%
Holdings104297
YTD Return+24.26%+16.12%
1Y Return+31.38%+8.19%
3Y Return (annualized)+15.08%+14.35%
5Y Return (annualized)+9.72%+6.56%
Volatility (annualized)13.6%20.2%
Max Drawdown-33.4%-76.7%
Fund FamilyCharles Schwab Asset ManagementCohen & Steers Funds
CategoryEquityEquity
InceptionOct 20, 2011Mar 30, 2004

SCHD vs UTF Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Cohen & Steers Infrastructure Fund Inc (UTF) is a ETF from Cohen & Steers Funds. Over the past year SCHD returned +31.38% while UTF returned +8.19%. Year to date, SCHD is up 24.26% versus a gain of 16.12% for UTF.

Over three years, SCHD compounded at +15.08% per year against +14.35% for UTF; over five years the annualized figures are +9.72% and +6.56% respectively. Across the full 15-year window we track, SCHD has the edge at +11.39% annualized vs +3.26%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

UTF has been the more volatile fund, with annualized monthly volatility of 20.2% 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 -76.7% for UTF. 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 0.74. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

SCHD charges 0.06% per year while UTF charges 3.42%. On a $10,000 position that is $6 vs $342 annually, a gap of $336 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 6.75% for UTF.

Holdings Overlap

0.7%overlap

SCHD and UTF share 2 holdings out of 340 unique holdings combined, representing a 0.7% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SCHDWeight in UTFDifference
OKE1.50%0.65%0.85%
GVMXX0.04%0.09%0.05%

Frequently Asked Questions

Which is cheaper, SCHD or UTF?

SCHD has an expense ratio of 0.06% while UTF charges 3.42%. SCHD is the cheaper option. On a $10,000 investment, that is $336 per year of difference.

Which performed better, SCHD or UTF?

Over the past year SCHD returned +31.38% vs +8.19% for UTF, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.39% vs +3.26% for UTF. Past performance does not guarantee future results.

Which is riskier, SCHD or UTF?

UTF has been the more volatile fund at 20.2% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs UTF -76.7%.

Should I hold both SCHD and UTF?

SCHD and UTF have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SCHD and UTF?

SCHD and UTF share 2 common holdings with a 0.7% weight overlap. Combined, they hold 340 unique securities.

Which pays a higher dividend, SCHD or UTF?

SCHD yields 3.31% while UTF yields 6.75%, so UTF currently pays the higher dividend yield.

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