SCHD vs YEAR
SCHD vs YEAR
Schwab US Dividend Equity ETF vs AB Ultra Short Income 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 | SCHD | YEAR | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.25% | |
| AUM | $103.7B | $1.5B | |
| Dividend Yield | 3.31% | 4.26% | |
| Holdings | 104 | 169 | |
| YTD Return | +22.69% | +1.59% | |
| 1Y Return | +30.94% | +3.82% | |
| 3Y Return (annualized) | +14.20% | +4.93% | |
| 5Y Return (annualized) | +9.59% | - | |
| Volatility (annualized) | 13.7% | 0.9% | |
| Max Drawdown | -33.4% | -0.6% | |
| Fund Family | Charles Schwab Asset Management | AllianceBernstein L.P. | |
| Category | Equity | Fixed Income | |
| Inception | Oct 20, 2011 | Sep 13, 2022 |
SCHD vs YEAR Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and AB Ultra Short Income ETF (YEAR) is a ETF from AllianceBernstein L.P.. Over the past year SCHD returned +30.94% while YEAR returned +3.82%. Year to date, SCHD is up 22.69% versus a gain of 1.59% for YEAR.
Over three years, SCHD compounded at +14.20% per year against +4.93% for YEAR. Across the full 4-year window we track, SCHD has the edge at +11.31% annualized vs +4.89%. 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 0.9% for YEAR. 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 -0.6% for YEAR. 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 0.19. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while YEAR charges 0.25%. On a $10,000 position that is $6 vs $25 annually, a gap of $19 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 4.26% for YEAR.
Holdings Overlap
SCHD and YEAR share 0 holdings out of 199 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 YEAR?
SCHD has an expense ratio of 0.06% while YEAR charges 0.25%. SCHD is the cheaper option. On a $10,000 investment, that is $19 per year of difference.
Which performed better, SCHD or YEAR?
Over the past year SCHD returned +30.94% vs +3.82% for YEAR, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), SCHD annualized +11.31% vs +4.89% for YEAR. Past performance does not guarantee future results.
Which is riskier, SCHD or YEAR?
SCHD has been the more volatile fund at 13.7% annualized versus 0.9% for YEAR. Worst drawdown: SCHD -33.4% vs YEAR -0.6%.
Should I hold both SCHD and YEAR?
SCHD and YEAR have a monthly-return correlation of 0.19, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and YEAR?
SCHD and YEAR share 0 common holdings with a 0.0% weight overlap. Combined, they hold 199 unique securities.
Which pays a higher dividend, SCHD or YEAR?
SCHD yields 3.31% while YEAR yields 4.26%, so YEAR currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.