Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Xtrackers Net Zero Pathway Paris Aligned US Equity ETF (USNZ) is a ETF from Xtrackers ETFs. Over the past year SCHD returned +31.38% while USNZ returned +24.06%. Year to date, SCHD is up 24.26% versus a gain of 14.03% for USNZ.

Over three years, SCHD compounded at +15.08% per year against +20.71% for USNZ. Across the full 4-year window we track, USNZ has the edge at +19.85% annualized vs +11.39%. Past performance does not guarantee future results.

USNZ has been the more volatile fund, with annualized monthly volatility of 15.4% 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 -19.2% for USNZ. 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 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.

SCHD charges 0.06% per year while USNZ charges 0.10%. On a $10,000 position that is $6 vs $10 annually, a gap of $4 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.97% for USNZ.