ACIO vs SCHD
ACIO vs SCHD
Aptus Collared Investment Opportunity ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. ACIO offers more diversification with 149 holdings.
Side-by-Side Comparison
| Metric | ACIO | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.79% | 0.06% | |
| AUM | $2.3B | $103.7B | |
| Dividend Yield | 0.38% | 3.31% | |
| Holdings | 221 | 104 | |
| YTD Return | +6.52% | +23.02% | |
| 1Y Return | +12.00% | +30.75% | |
| 3Y Return (annualized) | +14.68% | +14.89% | |
| 5Y Return (annualized) | +9.35% | +9.38% | |
| Volatility (annualized) | 10.1% | 13.6% | |
| Max Drawdown | -14.9% | -33.4% | |
| Fund Family | Aptus ETFs | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jul 9, 2019 | Oct 20, 2011 |
ACIO vs SCHD Performance
Aptus Collared Investment Opportunity ETF (ACIO) is a ETF from Aptus ETFs and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year ACIO returned +12.00% while SCHD returned +30.75%. Year to date, ACIO is up 6.52% versus a gain of 23.02% for SCHD.
Over three years, ACIO compounded at +14.68% per year against +14.89% for SCHD; over five years the annualized figures are +9.35% and +9.38% respectively. Across the full 7-year window we track, SCHD has the edge at +11.33% annualized vs +9.72%. 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 10.1% for ACIO. 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 -14.9% for ACIO and -33.4% for SCHD. 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 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ACIO charges 0.79% per year while SCHD charges 0.06%. On a $10,000 position that is $79 vs $6 annually, a gap of $73 per year that compounds over a long holding period. On income, ACIO currently yields 0.38% against 3.31% for SCHD.
Holdings Overlap
ACIO and SCHD share 19 holdings out of 230 unique holdings combined, representing a 8.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in ACIO | Weight in SCHD | Difference |
|---|---|---|---|
| UNH | 0.75% | 4.54% | 3.79% |
| MRK | 0.53% | 4.32% | 3.79% |
| ABT | 0.31% | 4.49% | 4.18% |
| PEP | Pro | Pro | Pro |
| PG | Pro | Pro | Pro |
| AMGN | Pro | Pro | Pro |
| CVX | Pro | Pro | Pro |
| HD | Pro | Pro | Pro |
| TXN | Pro | Pro | Pro |
| VZ | Pro | Pro | Pro |
See all 10 holdings ACIO shares with SCHD Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, ACIO or SCHD?
ACIO has an expense ratio of 0.79% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $73 per year of difference.
Which performed better, ACIO or SCHD?
Over the past year ACIO returned +12.00% vs +30.75% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), ACIO annualized +9.72% vs +11.33% for SCHD. Past performance does not guarantee future results.
Which is riskier, ACIO or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 10.1% for ACIO. Worst drawdown: ACIO -14.9% vs SCHD -33.4%.
Should I hold both ACIO and SCHD?
ACIO and SCHD have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ACIO and SCHD?
ACIO and SCHD share 19 common holdings with a 8.2% weight overlap. Combined, they hold 230 unique securities.
Which pays a higher dividend, ACIO or SCHD?
ACIO yields 0.38% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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