SCHD vs YSPY

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricSCHDYSPYWinner
Expense Ratio0.06%1.15%
AUM$103.7B$11M
Dividend Yield3.31%55.95%
Holdings1045
YTD Return+24.26%+4.14%
1Y Return+31.38%+16.84%
3Y Return (annualized)+15.08%-
5Y Return (annualized)+9.72%-
Volatility (annualized)13.6%18.5%
Max Drawdown-33.4%-15.1%
Fund FamilyCharles Schwab Asset ManagementGraniteShares
CategoryEquityAlternative
InceptionOct 20, 2011Feb 26, 2025

SCHD vs YSPY Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and GraniteShares YieldBOOST SPY ETF (YSPY) is a ETF from GraniteShares. Over the past year SCHD returned +31.38% while YSPY returned +16.84%. Year to date, SCHD is up 24.26% versus a gain of 4.14% for YSPY.

Risk: Volatility and Drawdowns

YSPY has been the more volatile fund, with annualized monthly volatility of 18.5% 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 -15.1% for YSPY. 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 0.31. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SCHD charges 0.06% per year while YSPY charges 1.15%. On a $10,000 position that is $6 vs $115 annually, a gap of $109 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 55.95% for YSPY.

Frequently Asked Questions

Which is cheaper, SCHD or YSPY?

SCHD has an expense ratio of 0.06% while YSPY charges 1.15%. SCHD is the cheaper option. On a $10,000 investment, that is $109 per year of difference.

Which performed better, SCHD or YSPY?

Over the past year SCHD returned +31.38% vs +16.84% for YSPY, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), SCHD annualized +11.39% vs +19.50% for YSPY. Past performance does not guarantee future results.

Which is riskier, SCHD or YSPY?

YSPY has been the more volatile fund at 18.5% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs YSPY -15.1%.

Should I hold both SCHD and YSPY?

SCHD and YSPY have a monthly-return correlation of 0.31, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, SCHD or YSPY?

SCHD yields 3.31% while YSPY yields 55.95%, so YSPY currently pays the higher dividend yield.

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