SCHD vs XRMI
Schwab US Dividend Equity ETF vs Global X S&P 500 Risk Managed Income ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. XRMI offers more diversification with 461 holdings.
Side-by-Side Comparison
| Metric | SCHD | XRMI | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.60% | |
| AUM | $103.7B | $50M | |
| Dividend Yield | 3.31% | 12.60% | |
| Holdings | 104 | 510 | |
| YTD Return | +25.58% | +4.55% | |
| 1Y Return | +31.06% | +10.27% | |
| 3Y Return (annualized) | +15.55% | +7.09% | |
| 5Y Return (annualized) | +9.61% | +2.84% | |
| Volatility (annualized) | 13.6% | 6.7% | |
| Max Drawdown | -33.4% | -15.3% | |
| Fund Family | Charles Schwab Asset Management | Global X by mirae Asset | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Aug 25, 2021 |
SCHD vs XRMI Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Global X S&P 500 Risk Managed Income ETF (XRMI) is a ETF from Global X by mirae Asset. Over the past year SCHD returned +31.06% while XRMI returned +10.27%. Year to date, SCHD is up 25.58% versus a gain of 4.55% for XRMI.
Over three years, SCHD compounded at +15.55% per year against +7.09% for XRMI; over five years the annualized figures are +9.61% and +2.84% respectively. Across the full 5-year window we track, SCHD has the edge at +11.46% annualized vs +2.84%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 6.7% for XRMI. 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 -15.3% for XRMI. 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 0.62. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while XRMI charges 0.60%. On a $10,000 position that is $6 vs $60 annually, a gap of $54 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 12.60% for XRMI.
Holdings Overlap
SCHD and XRMI share 41 holdings out of 520 unique holdings combined, representing a 13.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SCHD or XRMI?
SCHD has an expense ratio of 0.06% while XRMI charges 0.60%. SCHD is the cheaper option. On a $10,000 investment, that is $54 per year of difference.
Which performed better, SCHD or XRMI?
Over the past year SCHD returned +31.06% vs +10.27% for XRMI, so SCHD leads on 1-year performance. Over the longest common window we track (5 years), SCHD annualized +11.46% vs +2.84% for XRMI. Past performance does not guarantee future results.
Which is riskier, SCHD or XRMI?
SCHD has been the more volatile fund at 13.6% annualized versus 6.7% for XRMI. Worst drawdown: SCHD -33.4% vs XRMI -15.3%.
Should I hold both SCHD and XRMI?
SCHD and XRMI have a monthly-return correlation of 0.62, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and XRMI?
SCHD and XRMI share 41 common holdings with a 13.3% weight overlap. Combined, they hold 520 unique securities.
Which pays a higher dividend, SCHD or XRMI?
SCHD yields 3.31% while XRMI yields 12.60%, so XRMI currently pays the higher dividend yield.
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