SCHD vs UMDD
SCHD vs UMDD
Schwab US Dividend Equity ETF vs UltraPro MidCap400
Quick Verdict
SCHD has a lower expense ratio. UMDD delivered stronger 1-year returns. UMDD offers more diversification with 401 holdings.
Side-by-Side Comparison
| Metric | SCHD | UMDD | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.95% | |
| AUM | $103.7B | $33M | |
| Dividend Yield | 3.31% | 0.63% | |
| Holdings | 104 | 409 | |
| YTD Return | +23.53% | +38.54% | |
| 1Y Return | +30.95% | +60.61% | |
| 3Y Return (annualized) | +14.72% | +19.25% | |
| 5Y Return (annualized) | +9.56% | +3.57% | |
| Volatility (annualized) | 13.6% | 52.7% | |
| Max Drawdown | -33.4% | -86.4% | |
| Fund Family | Charles Schwab Asset Management | ProShares | |
| Category | Equity | Alternative | |
| Inception | Oct 20, 2011 | Feb 9, 2010 |
SCHD vs UMDD Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and UltraPro MidCap400 (UMDD) is a ETF from ProShares. Over the past year SCHD returned +30.95% while UMDD returned +60.61%. Year to date, SCHD is up 23.53% versus a gain of 38.54% for UMDD.
Over three years, SCHD compounded at +14.72% per year against +19.25% for UMDD; over five years the annualized figures are +9.56% and +3.57% respectively. Across the full 15-year window we track, UMDD has the edge at +19.19% annualized vs +11.35%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UMDD has been the more volatile fund, with annualized monthly volatility of 52.7% 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 -33.4% for SCHD and -86.4% for UMDD. 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while UMDD charges 0.95%. On a $10,000 position that is $6 vs $95 annually, a gap of $89 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.63% for UMDD.
Holdings Overlap
SCHD and UMDD share 18 holdings out of 483 unique holdings combined, representing a 2.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in UMDD | Difference |
|---|---|---|---|
| EWBC | 0.47% | 0.27% | 0.20% |
| WSO | 0.34% | 0.21% | 0.13% |
| DINO | 0.36% | 0.17% | 0.19% |
| FNF | Pro | Pro | Pro |
| AFG | Pro | Pro | Pro |
| COLB | Pro | Pro | Pro |
| ORI | Pro | Pro | Pro |
| ALV | Pro | Pro | Pro |
| BAH | Pro | Pro | Pro |
| M | Pro | Pro | Pro |
See all 10 holdings SCHD shares with UMDD Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, SCHD or UMDD?
SCHD has an expense ratio of 0.06% while UMDD charges 0.95%. SCHD is the cheaper option. On a $10,000 investment, that is $89 per year of difference.
Which performed better, SCHD or UMDD?
Over the past year SCHD returned +30.95% vs +60.61% for UMDD, so UMDD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.35% vs +19.19% for UMDD. Past performance does not guarantee future results.
Which is riskier, SCHD or UMDD?
UMDD has been the more volatile fund at 52.7% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs UMDD -86.4%.
Should I hold both SCHD and UMDD?
SCHD and UMDD have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and UMDD?
SCHD and UMDD share 18 common holdings with a 2.1% weight overlap. Combined, they hold 483 unique securities.
Which pays a higher dividend, SCHD or UMDD?
SCHD yields 3.31% while UMDD yields 0.63%, so SCHD currently pays the higher dividend yield.
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