AIO vs SCHD
AIO vs SCHD
Virtus Artificial Intelligence & Technology Opportunities Fund vs Schwab US Dividend Equity 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 | AIO | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 1.47% | 0.06% | |
| AUM | $973M | $103.7B | |
| Dividend Yield | 9.94% | 3.31% | |
| Holdings | 101 | 104 | |
| YTD Return | +25.19% | +24.08% | |
| 1Y Return | +20.20% | +31.88% | |
| 3Y Return (annualized) | +24.79% | +14.92% | |
| 5Y Return (annualized) | +12.29% | +9.85% | |
| Volatility (annualized) | 22.0% | 13.6% | |
| Max Drawdown | -45.2% | -33.4% | |
| Fund Family | Virtus Investment Partners | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Oct 31, 2019 | Oct 20, 2011 |
AIO vs SCHD Performance
Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) is a ETF from Virtus Investment Partners and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year AIO returned +20.20% while SCHD returned +31.88%. Year to date, AIO is up 25.19% versus a gain of 24.08% for SCHD.
Over three years, AIO compounded at +24.79% per year against +14.92% for SCHD; over five years the annualized figures are +12.29% and +9.85% respectively. Across the full 7-year window we track, AIO has the edge at +14.47% annualized vs +11.39%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AIO has been the more volatile fund, with annualized monthly volatility of 22.0% 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 -45.2% for AIO 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 0.59. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AIO charges 1.47% per year while SCHD charges 0.06%. On a $10,000 position that is $147 vs $6 annually, a gap of $141 per year that compounds over a long holding period. On income, AIO currently yields 9.94% against 3.31% for SCHD.
Holdings Overlap
AIO and SCHD share 1 holdings out of 184 unique holdings combined, representing a 0.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in AIO | Weight in SCHD | Difference |
|---|---|---|---|
| SLB | 0.53% | 1.80% | 1.27% |
Frequently Asked Questions
Which is cheaper, AIO or SCHD?
AIO has an expense ratio of 1.47% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $141 per year of difference.
Which performed better, AIO or SCHD?
Over the past year AIO returned +20.20% vs +31.88% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), AIO annualized +14.47% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, AIO or SCHD?
AIO has been the more volatile fund at 22.0% annualized versus 13.6% for SCHD. Worst drawdown: AIO -45.2% vs SCHD -33.4%.
Should I hold both AIO and SCHD?
AIO and SCHD have a monthly-return correlation of 0.59, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AIO and SCHD?
AIO and SCHD share 1 common holdings with a 0.5% weight overlap. Combined, they hold 184 unique securities.
Which pays a higher dividend, AIO or SCHD?
AIO yields 9.94% while SCHD yields 3.31%, so AIO currently pays the higher dividend yield.
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