ROMO 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

MetricROMOSCHDWinner
Expense Ratio0.87%0.06%
AUM$25M$103.7B
Dividend Yield2.41%3.31%
Holdings4104
YTD Return+9.63%+24.26%
1Y Return+8.65%+31.38%
3Y Return (annualized)+11.50%+15.08%
5Y Return (annualized)+5.18%+9.72%
Volatility (annualized)12.9%13.6%
Max Drawdown-28.7%-33.4%
Fund FamilySTRATEGY SHARESCharles Schwab Asset Management
CategoryEquityEquity
InceptionNov 1, 2019Oct 20, 2011

ROMO vs SCHD Performance

Strategy Shares Newfound/ReSolve Robust Momentum ETF (ROMO) is a ETF from STRATEGY SHARES and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year ROMO returned +8.65% while SCHD returned +31.38%. Year to date, ROMO is up 9.63% versus a gain of 24.26% for SCHD.

Over three years, ROMO compounded at +11.50% per year against +15.08% for SCHD; over five years the annualized figures are +5.18% and +9.72% respectively. Across the full 7-year window we track, SCHD has the edge at +11.39% annualized vs +5.88%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 12.9% for ROMO. 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 -28.7% for ROMO 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 0.71. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

ROMO charges 0.87% per year while SCHD charges 0.06%. On a $10,000 position that is $87 vs $6 annually, a gap of $81 per year that compounds over a long holding period. On income, ROMO currently yields 2.41% against 3.31% for SCHD.

Holdings Overlap

0.0%overlap

ROMO 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, ROMO or SCHD?

ROMO has an expense ratio of 0.87% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $81 per year of difference.

Which performed better, ROMO or SCHD?

Over the past year ROMO returned +8.65% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), ROMO annualized +5.88% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, ROMO or SCHD?

SCHD has been the more volatile fund at 13.6% annualized versus 12.9% for ROMO. Worst drawdown: ROMO -28.7% vs SCHD -33.4%.

Should I hold both ROMO and SCHD?

ROMO and SCHD have a monthly-return correlation of 0.71, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between ROMO and SCHD?

ROMO and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.

Which pays a higher dividend, ROMO or SCHD?

ROMO yields 2.41% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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