SCHD vs UYLD
SCHD vs UYLD
Schwab US Dividend Equity ETF vs Angel Oak UltraShort Income ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. UYLD offers more diversification with 168 holdings.
Side-by-Side Comparison
| Metric | SCHD | UYLD | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.34% | |
| AUM | $103.7B | $1.6B | |
| Dividend Yield | 3.31% | 5.42% | |
| Holdings | 104 | 921 | |
| YTD Return | +22.69% | +1.92% | |
| 1Y Return | +30.94% | +4.24% | |
| 3Y Return (annualized) | +14.20% | +5.75% | |
| 5Y Return (annualized) | +9.59% | - | |
| Volatility (annualized) | 13.7% | 0.6% | |
| Max Drawdown | -33.4% | -0.5% | |
| Fund Family | Charles Schwab Asset Management | Angel Oak Capital Advisors | |
| Category | Equity | Fixed Income | |
| Inception | Oct 20, 2011 | Oct 24, 2022 |
SCHD vs UYLD Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Angel Oak UltraShort Income ETF (UYLD) is a ETF from Angel Oak Capital Advisors. Over the past year SCHD returned +30.94% while UYLD returned +4.24%. Year to date, SCHD is up 22.69% versus a gain of 1.92% for UYLD.
Over three years, SCHD compounded at +14.20% per year against +5.75% for UYLD. Across the full 4-year window we track, SCHD has the edge at +11.31% annualized vs +5.84%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 0.6% for UYLD. 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 -0.5% for UYLD. 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 0.22. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while UYLD charges 0.34%. On a $10,000 position that is $6 vs $34 annually, a gap of $28 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 5.42% for UYLD.
Holdings Overlap
SCHD and UYLD share 0 holdings out of 268 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, SCHD or UYLD?
SCHD has an expense ratio of 0.06% while UYLD charges 0.34%. SCHD is the cheaper option. On a $10,000 investment, that is $28 per year of difference.
Which performed better, SCHD or UYLD?
Over the past year SCHD returned +30.94% vs +4.24% for UYLD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), SCHD annualized +11.31% vs +5.84% for UYLD. Past performance does not guarantee future results.
Which is riskier, SCHD or UYLD?
SCHD has been the more volatile fund at 13.7% annualized versus 0.6% for UYLD. Worst drawdown: SCHD -33.4% vs UYLD -0.5%.
Should I hold both SCHD and UYLD?
SCHD and UYLD have a monthly-return correlation of 0.22, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and UYLD?
SCHD and UYLD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 268 unique securities.
Which pays a higher dividend, SCHD or UYLD?
SCHD yields 3.31% while UYLD yields 5.42%, so UYLD currently pays the higher dividend yield.
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