SCHD vs VETZ
Schwab US Dividend Equity ETF vs Academy Veteran Bond ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. VETZ offers more diversification with 146 holdings.
Side-by-Side Comparison
| Metric | SCHD | VETZ | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.35% | |
| AUM | $108.7B | $125M | |
| Dividend Yield | 3.13% | 6.15% | |
| Holdings | 104 | 146 | |
| YTD Return | +28.70% | +0.25% | |
| 1Y Return | +32.27% | +4.07% | |
| 3Y Return (annualized) | +17.27% | +5.33% | |
| 5Y Return (annualized) | +10.23% | - | |
| Volatility (annualized) | 13.7% | 5.5% | |
| Max Drawdown | -33.4% | -5.2% | |
| Fund Family | Charles Schwab Asset Management | Academy Asset Management | |
| Category | Equity | Fixed Income | |
| Inception | Oct 20, 2011 | Aug 1, 2023 |
SCHD vs VETZ Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Academy Veteran Bond ETF (VETZ) is a ETF from Academy Asset Management. Over the past year SCHD returned +32.27% while VETZ returned +4.07%. Year to date, SCHD is up 28.70% versus a gain of 0.25% for VETZ.
Over three years, SCHD compounded at +17.27% per year against +5.33% for VETZ. Across the full 3-year window we track, SCHD has the edge at +11.63% annualized vs +4.67%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 5.5% for VETZ. 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 -5.2% for VETZ. 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 0.55. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while VETZ charges 0.35%. On a $10,000 position that is $6 vs $35 annually, a gap of $29 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 6.15% for VETZ.
Holdings Overlap
SCHD and VETZ share 0 holdings out of 108 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SCHD or VETZ?
SCHD has an expense ratio of 0.06% while VETZ charges 0.35%. SCHD is the cheaper option. On a $10,000 investment, that is $29 per year of difference.
Which performed better, SCHD or VETZ?
Over the past year SCHD returned +32.27% vs +4.07% for VETZ, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), SCHD annualized +11.63% vs +4.67% for VETZ. Past performance does not guarantee future results.
Which is riskier, SCHD or VETZ?
SCHD has been the more volatile fund at 13.7% annualized versus 5.5% for VETZ. Worst drawdown: SCHD -33.4% vs VETZ -5.2%.
Should I hold both SCHD and VETZ?
SCHD and VETZ have a monthly-return correlation of 0.55, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and VETZ?
SCHD and VETZ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 108 unique securities.
Which pays a higher dividend, SCHD or VETZ?
SCHD yields 3.13% while VETZ yields 6.15%, so VETZ currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.