BKAG vs SCHD
BKAG vs SCHD
BNY Mellon Core Bond ETF vs Schwab US Dividend Equity ETF
Quick Verdict
BKAG has a lower expense ratio. SCHD delivered stronger 1-year returns. BKAG offers more diversification with 4433 holdings.
Side-by-Side Comparison
| Metric | BKAG | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.00% | 0.06% | |
| AUM | $2.2B | $103.7B | |
| Dividend Yield | 4.22% | 3.31% | |
| Holdings | 5,305 | 104 | |
| YTD Return | -0.63% | +22.69% | |
| 1Y Return | +2.72% | +30.94% | |
| 3Y Return (annualized) | +3.78% | +14.20% | |
| 5Y Return (annualized) | -0.55% | +9.59% | |
| Volatility (annualized) | 5.9% | 13.7% | |
| Max Drawdown | -19.2% | -33.4% | |
| Fund Family | BNY Mellon Investment Management | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Apr 22, 2020 | Oct 20, 2011 |
BKAG vs SCHD Performance
BNY Mellon Core Bond ETF (BKAG) is a ETF from BNY Mellon Investment Management and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year BKAG returned +2.72% while SCHD returned +30.94%. Year to date, BKAG is down 0.63% versus a gain of 22.69% for SCHD.
Over three years, BKAG compounded at +3.78% per year against +14.20% for SCHD; over five years the annualized figures are -0.55% and +9.59% respectively. Across the full 6-year window we track, SCHD has the edge at +11.31% annualized vs -0.33%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 5.9% for BKAG. 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 -19.2% for BKAG 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 0.45. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BKAG charges 0.00% per year while SCHD charges 0.06%. On a $10,000 position that is $0 vs $6 annually, a gap of $6 per year that compounds over a long holding period. On income, BKAG currently yields 4.22% against 3.31% for SCHD.
Holdings Overlap
BKAG and SCHD share 0 holdings out of 4533 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, BKAG or SCHD?
BKAG has an expense ratio of 0.00% while SCHD charges 0.06%. BKAG is the cheaper option. On a $10,000 investment, that is $6 per year of difference.
Which performed better, BKAG or SCHD?
Over the past year BKAG returned +2.72% vs +30.94% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), BKAG annualized -0.33% vs +11.31% for SCHD. Past performance does not guarantee future results.
Which is riskier, BKAG or SCHD?
SCHD has been the more volatile fund at 13.7% annualized versus 5.9% for BKAG. Worst drawdown: BKAG -19.2% vs SCHD -33.4%.
Should I hold both BKAG and SCHD?
BKAG and SCHD have a monthly-return correlation of 0.45, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BKAG and SCHD?
BKAG and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 4533 unique securities.
Which pays a higher dividend, BKAG or SCHD?
BKAG yields 4.22% while SCHD yields 3.31%, so BKAG currently pays the higher dividend yield.
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