AINP vs SCHD
AINP vs SCHD
Allspring Income Plus ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. AINP offers more diversification with 171 holdings.
Side-by-Side Comparison
| Metric | AINP | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.36% | 0.06% | |
| AUM | $217M | $103.7B | |
| Dividend Yield | 5.83% | 3.31% | |
| Holdings | 411 | 104 | |
| YTD Return | +0.85% | +22.69% | |
| 1Y Return | +4.20% | +30.94% | |
| 3Y Return (annualized) | - | +14.20% | |
| 5Y Return (annualized) | - | +9.59% | |
| Volatility (annualized) | 2.5% | 13.7% | |
| Max Drawdown | -2.6% | -33.4% | |
| Fund Family | Allspring Global Investments | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Dec 4, 2024 | Oct 20, 2011 |
AINP vs SCHD Performance
Allspring Income Plus ETF (AINP) is a ETF from Allspring Global Investments and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year AINP returned +4.20% while SCHD returned +30.94%. Year to date, AINP is up 0.85% versus a gain of 22.69% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 2.5% for AINP. 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 -2.6% for AINP 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 0.35. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AINP charges 0.36% per year while SCHD charges 0.06%. On a $10,000 position that is $36 vs $6 annually, a gap of $30 per year that compounds over a long holding period. On income, AINP currently yields 5.83% against 3.31% for SCHD.
Holdings Overlap
AINP and SCHD share 0 holdings out of 271 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, AINP or SCHD?
AINP has an expense ratio of 0.36% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $30 per year of difference.
Which performed better, AINP or SCHD?
Over the past year AINP returned +4.20% vs +30.94% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), AINP annualized +4.24% vs +11.31% for SCHD. Past performance does not guarantee future results.
Which is riskier, AINP or SCHD?
SCHD has been the more volatile fund at 13.7% annualized versus 2.5% for AINP. Worst drawdown: AINP -2.6% vs SCHD -33.4%.
Should I hold both AINP and SCHD?
AINP and SCHD have a monthly-return correlation of 0.35, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AINP and SCHD?
AINP and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 271 unique securities.
Which pays a higher dividend, AINP or SCHD?
AINP yields 5.83% while SCHD yields 3.31%, so AINP currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.