SCHD vs YMAG
Schwab US Dividend Equity ETF vs YieldMax Magnificent 7 Fund of Option Income ETF
Which is better, SCHD or YMAG?
Large Cap Value against Option Writing.
SCHD has a lower expense ratio. SCHD led over 1Y, YMAG over 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 | YMAG |
|---|---|---|
| Expense Ratio | 0.06%Best | 1.34% |
| AUM | $112.1B | $295M |
| Dividend Yield | 3.00% | 57.01% |
| Holdings | 103 | 9 |
| YTD Return | +24.04%Best | +5.80% |
| 1Y Return | +27.95%Best | +9.03% |
| 3Y Return (annualized) | +15.51% | - |
| 5Y Return (annualized) | +9.80% | - |
| Volatility (annualized) | 13.0%Best | 17.7% |
| Max Drawdown | -16.1%Best | -26.0% |
| $10,000 over 2.6 years | $14,353 | $16,849Best |
| Top 10 Weight | 41.8% | - |
| Fund Family | Charles Schwab Asset Management | YieldMax ETF |
| Category | Equity | Alternative |
| Style | Large Cap Value | Option Writing |
| Inception | Oct 20, 2011 | Jan 29, 2024 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Jan 30, 2024 to Sep 16, 2026 (2.6 years).
SCHD vs YMAG 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 2.6 years both funds cover.
SCHD vs YMAG Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and YieldMax Magnificent 7 Fund of Option Income ETF (YMAG) is an ETF from YieldMax ETF. Over the past year SCHD returned +27.95% while YMAG returned +9.03%. Year to date, SCHD is up 24.04% versus a gain of 5.80% for YMAG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
YMAG has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 13.0% 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 -16.1% for SCHD and -26.0% for YMAG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.08. They move largely independently of each other.
Fees and Cost Over Time
SCHD charges 0.06% per year while YMAG charges 1.34%. On a $10,000 position that is $6 vs $134 annually, a gap of $128 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 57.01% for YMAG.
Holdings Overlap
We hold position weights for 100 holdings in SCHD and 8 in YMAG, totalling 100.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 100 positions we hold weights for in SCHD and 8 in YMAG, against full books of 103 and 9.
What only one of them owns
Our book lists 8 positions for YMAG that do not appear in our book for SCHD (100.0% of the fund), and 99 for SCHD that do not appear in YMAG (99.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of SCHD and YMAG 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 YMAG?
SCHD has an expense ratio of 0.06% while YMAG charges 1.34%. SCHD is the cheaper option, by $128 a year on a $10,000 investment.
Which performed better, SCHD or YMAG?
Over the past year SCHD returned +27.95% vs +9.03% for YMAG, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or YMAG?
YMAG has been the more volatile fund at 17.7% annualized versus 13.0% for SCHD. Worst drawdown: SCHD -16.1% vs YMAG -26.0%.
Should I hold both SCHD and YMAG?
SCHD and YMAG have a monthly-return correlation of 0.08, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SCHD or YMAG?
SCHD yields 3.00% while YMAG yields 57.01%, so YMAG currently pays the higher dividend yield.
Is YMAG better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, YMAG over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.