SCHD vs ZTOP
Schwab US Dividend Equity ETF vs F/m High Yield 100 ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | SCHD | ZTOP | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.39% | |
| AUM | $103.7B | $16M | |
| Dividend Yield | 3.31% | 6.27% | |
| Holdings | 104 | 101 | |
| YTD Return | +25.58% | +2.33% | |
| 1Y Return | +31.06% | +5.02% | |
| 3Y Return (annualized) | +15.55% | - | |
| 5Y Return (annualized) | +9.61% | - | |
| Volatility (annualized) | 13.6% | 2.8% | |
| Max Drawdown | -33.4% | -2.5% | |
| Fund Family | Charles Schwab Asset Management | F-m investments | |
| Category | Equity | Fixed Income | |
| Inception | Oct 20, 2011 | Apr 14, 2025 |
SCHD vs ZTOP Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and F/m High Yield 100 ETF (ZTOP) is a ETF from F-m investments. Over the past year SCHD returned +31.06% while ZTOP returned +5.02%. Year to date, SCHD is up 25.58% versus a gain of 2.33% for ZTOP.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 2.8% for ZTOP. 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 -2.5% for ZTOP. 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 0.28. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while ZTOP charges 0.39%. On a $10,000 position that is $6 vs $39 annually, a gap of $33 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 6.27% for ZTOP.
Holdings Overlap
SCHD and ZTOP share 0 holdings out of 177 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 ZTOP?
SCHD has an expense ratio of 0.06% while ZTOP charges 0.39%. SCHD is the cheaper option. On a $10,000 investment, that is $33 per year of difference.
Which performed better, SCHD or ZTOP?
Over the past year SCHD returned +31.06% vs +5.02% for ZTOP, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), SCHD annualized +11.46% vs +8.39% for ZTOP. Past performance does not guarantee future results.
Which is riskier, SCHD or ZTOP?
SCHD has been the more volatile fund at 13.6% annualized versus 2.8% for ZTOP. Worst drawdown: SCHD -33.4% vs ZTOP -2.5%.
Should I hold both SCHD and ZTOP?
SCHD and ZTOP have a monthly-return correlation of 0.28, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and ZTOP?
SCHD and ZTOP share 0 common holdings with a 0.0% weight overlap. Combined, they hold 177 unique securities.
Which pays a higher dividend, SCHD or ZTOP?
SCHD yields 3.31% while ZTOP yields 6.27%, so ZTOP currently pays the higher dividend yield.
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