CPHY vs SCHD

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricCPHYSCHDWinner
Expense Ratio0.50%0.06%
AUM$3M$103.7B
Dividend Yield0.00%3.31%
Holdings6104
YTD Return+0.99%+24.08%
1Y Return+3.34%+31.88%
3Y Return (annualized)-+14.92%
5Y Return (annualized)-+9.85%
Volatility (annualized)2.7%13.6%
Max Drawdown-2.5%-33.4%
Fund FamilyF-m investmentsCharles Schwab Asset Management
CategoryFixed IncomeEquity
InceptionAug 12, 2025Oct 20, 2011

CPHY vs SCHD Performance

F/m Compoundr High Yield Bond ETF (CPHY) is a ETF from F-m investments and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year CPHY returned +3.34% while SCHD returned +31.88%. Year to date, CPHY is up 0.99% versus a gain of 24.08% for SCHD.

Risk: Volatility and Drawdowns

SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 2.7% for CPHY. 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 -2.5% for CPHY 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

CPHY charges 0.50% per year while SCHD charges 0.06%. On a $10,000 position that is $50 vs $6 annually, a gap of $44 per year that compounds over a long holding period. On income, CPHY currently yields 0.00% against 3.31% for SCHD.

Holdings Overlap

0.0%overlap

CPHY and SCHD share 0 holdings out of 102 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, CPHY or SCHD?

CPHY has an expense ratio of 0.50% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $44 per year of difference.

Which performed better, CPHY or SCHD?

Over the past year CPHY returned +3.34% vs +31.88% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results.

Which is riskier, CPHY or SCHD?

SCHD has been the more volatile fund at 13.6% annualized versus 2.7% for CPHY. Worst drawdown: CPHY -2.5% vs SCHD -33.4%.

Should I hold both CPHY and SCHD?

CPHY 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 CPHY and SCHD?

CPHY and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 102 unique securities.

Which pays a higher dividend, CPHY or SCHD?

CPHY yields 0.00% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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