SCHD vs UYG
Schwab US Dividend Equity ETF vs ProShares Ultra Financials
Which is better, SCHD or UYG?
Large Cap Value against Multi Alternative.
SCHD has a lower expense ratio. SCHD led over 1Y, UYG over 3Y, 5Y and the full window.
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 | UYG |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.94% |
| AUM | $112.1B | $813M |
| Dividend Yield | 3.00% | 10.91% |
| Holdings | 103 | 89 |
| YTD Return | +23.46%Best | -0.54% |
| 1Y Return | +27.20%Best | +1.71% |
| 3Y Return (annualized) | +15.41% | +28.99%Best |
| 5Y Return (annualized) | +10.16% | +13.15%Best |
| Volatility (annualized) | 13.7%Best | 33.1% |
| Max Drawdown | -33.4%Best | -70.0% |
| $10,000 over 5 years | $16,223 | $18,547Best |
| Fund Family | Charles Schwab Asset Management | ProShares |
| Category | Equity | Alternative |
| Style | Large Cap Value | Multi Alternative |
| Inception | Oct 20, 2011 | Jan 30, 2007 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 18, 2026 (14.9 years).
SCHD vs UYG 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 14.9 years both funds cover.
SCHD vs UYG Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and ProShares Ultra Financials (UYG) is an ETF from ProShares. Over the past year SCHD returned +27.20% while UYG returned +1.71%. Year to date, SCHD is up 23.46% versus a loss of 0.54% for UYG.
Over three years, SCHD compounded at +15.41% per year against +28.99% for UYG; over five years the annualized figures are +10.16% and +13.15% respectively. Across the full 15-year window we track, UYG has the edge at +20.57% annualized vs +11.25%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UYG has been the more volatile fund, with annualized monthly volatility of 33.1% compared with 13.7% 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 -70.0% for UYG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while UYG charges 0.94%. On a $10,000 position that is $6 vs $94 annually, a gap of $88 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 10.91% for UYG.
Holdings Overlap
At least 7.0% of SCHD's money is in holdings UYG also owns.
Stated as a floor: for UYG, our book for it covers 62.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SCHD and UYG share little of their money.
8 positions in common, counted across the 100 positions we hold weights for in SCHD and 76 in UYG, against full books of 103 and 89.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in UYG | Difference |
|---|---|---|---|
| BXBlackstone Group Inc. Class A | 2.59% | 0.76% | 1.83% |
| FITBFifth Third Bancorp | 1.19% | 0.35% | 0.84% |
| ARESAres Management Corp A | 0.74% | 0.21% | 0.53% |
| CINFCincinnati Financial Corp. | 0.64% | 0.19% | 0.45% |
| RFRegions Financial Corp. | 0.62% | 0.18% | 0.44% |
| TROWT Rowe Price Grp | 0.58% | 0.17% | 0.41% |
| PFGPrincipalfinancialgroupinc. | 0.53% | 0.15% | 0.38% |
| ERIEErie Indemnity-a | 0.16% | 0.05% | 0.11% |
You are not choosing between two funds in isolation.
Whichever of SCHD and UYG 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 UYG?
SCHD has an expense ratio of 0.06% while UYG charges 0.94%. SCHD is the cheaper option, by $88 a year on a $10,000 investment.
Which performed better, SCHD or UYG?
Over the past year SCHD returned +27.20% vs +1.71% for UYG, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.25% vs +20.57% for UYG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or UYG?
UYG has been the more volatile fund at 33.1% annualized versus 13.7% for SCHD. Worst drawdown: SCHD -33.4% vs UYG -70.0%.
Should I hold both SCHD and UYG?
SCHD and UYG have a monthly-return correlation of 0.82, 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 UYG?
At least 7.0% of SCHD's money is in holdings UYG also owns. Our book for UYG is partial, so the real figure is this or higher. They hold 8 positions in common, counted across the 100 positions we hold weights for in SCHD and 76 in UYG.
Which pays a higher dividend, SCHD or UYG?
SCHD yields 3.00% while UYG yields 10.91%, so UYG currently pays the higher dividend yield.
Is UYG better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, UYG over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.