OGSP vs SCHD
OGSP vs SCHD
Obra High Grade Structured Products ETF 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 | OGSP | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.64% | 0.06% | |
| AUM | $29M | $103.7B | |
| Dividend Yield | 6.32% | 3.31% | |
| Holdings | 106 | 104 | |
| YTD Return | +2.52% | +22.69% | |
| 1Y Return | +5.30% | +30.94% | |
| 3Y Return (annualized) | - | +14.20% | |
| 5Y Return (annualized) | - | +9.59% | |
| Volatility (annualized) | 0.9% | 13.7% | |
| Max Drawdown | -0.8% | -33.4% | |
| Fund Family | Obra Fund Management | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Apr 9, 2024 | Oct 20, 2011 |
OGSP vs SCHD Performance
Obra High Grade Structured Products ETF (OGSP) is a ETF from Obra Fund Management and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year OGSP returned +5.30% while SCHD returned +30.94%. Year to date, OGSP is up 2.52% 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 0.9% for OGSP. 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 -0.8% for OGSP 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 0.31. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
OGSP charges 0.64% per year while SCHD charges 0.06%. On a $10,000 position that is $64 vs $6 annually, a gap of $58 per year that compounds over a long holding period. On income, OGSP currently yields 6.32% against 3.31% for SCHD.
Holdings Overlap
OGSP and SCHD share 0 holdings out of 104 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, OGSP or SCHD?
OGSP has an expense ratio of 0.64% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $58 per year of difference.
Which performed better, OGSP or SCHD?
Over the past year OGSP returned +5.30% vs +30.94% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), OGSP annualized +5.75% vs +11.31% for SCHD. Past performance does not guarantee future results.
Which is riskier, OGSP or SCHD?
SCHD has been the more volatile fund at 13.7% annualized versus 0.9% for OGSP. Worst drawdown: OGSP -0.8% vs SCHD -33.4%.
Should I hold both OGSP and SCHD?
OGSP and SCHD have a monthly-return correlation of 0.31, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between OGSP and SCHD?
OGSP and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.
Which pays a higher dividend, OGSP or SCHD?
OGSP yields 6.32% while SCHD yields 3.31%, so OGSP currently pays the higher dividend yield.
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