SCHD vs ZDEK
Schwab US Dividend Equity ETF vs Innovator Equity Defined Protection ETF - 1 Yr December
Which is better, SCHD or ZDEK?
Large Cap Value against Option Writing.
SCHD has a lower expense ratio. SCHD led over 1Y 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 | ZDEK |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.79% |
| AUM | $112.1B | $108M |
| Dividend Yield | 3.00% | 0.00% |
| Holdings | 103 | 10 |
| YTD Return | +21.99%Best | +4.35% |
| 1Y Return | +25.92%Best | +6.55% |
| 3Y Return (annualized) | +15.66% | - |
| 5Y Return (annualized) | +9.48% | - |
| Volatility (annualized) | 13.6% | 2.8%Best |
| Max Drawdown | -15.6% | -3.4%Best |
| $10,000 over 1.8 years | $12,084Best | $11,195 |
| Fund Family | Charles Schwab Asset Management | Innovator ETFs Trust |
| Category | Equity | Alternative |
| Style | Large Cap Value | Option Writing |
| Inception | Oct 20, 2011 | Nov 29, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 2, 2024 to Sep 23, 2026 (1.8 years).
SCHD vs ZDEK 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 1.8 years both funds cover.
SCHD vs ZDEK Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Innovator Equity Defined Protection ETF - 1 Yr December (ZDEK) is an ETF from Innovator ETFs Trust. Over the past year SCHD returned +25.92% while ZDEK returned +6.55%. Year to date, SCHD is up 21.99% versus a gain of 4.35% for ZDEK.
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 2.8% for ZDEK. 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 -15.6% for SCHD and -3.4% for ZDEK. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.25. They move largely independently of each other.
Fees and Cost Over Time
SCHD charges 0.06% per year while ZDEK charges 0.79%. On a $10,000 position that is $6 vs $79 annually, a gap of $73 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.00% for ZDEK.
You are not choosing between two funds in isolation.
Whichever of SCHD and ZDEK 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 ZDEK?
SCHD has an expense ratio of 0.06% while ZDEK charges 0.79%. SCHD is the cheaper option, by $73 a year on a $10,000 investment.
Which performed better, SCHD or ZDEK?
Over the past year SCHD returned +25.92% vs +6.55% for ZDEK, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), SCHD annualized +11.09% vs +6.47% for ZDEK. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or ZDEK?
SCHD has been the more volatile fund at 13.6% annualized versus 2.8% for ZDEK. Worst drawdown: SCHD -15.6% vs ZDEK -3.4%.
Should I hold both SCHD and ZDEK?
SCHD and ZDEK have a monthly-return correlation of 0.25, 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 ZDEK?
SCHD yields 3.00% while ZDEK yields 0.00%, so SCHD currently pays the higher dividend yield.
Is ZDEK better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.