CLOX vs SCHD
Eldridge AAA CLO ETF vs Schwab US Dividend Equity ETF
Which is better, CLOX or SCHD?
Bank Loan against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CLOX | SCHD |
|---|---|---|
| Expense Ratio | 0.20% | 0.06%Best |
| AUM | $339M | $111.6B |
| Dividend Yield | 4.82% | 3.24% |
| Holdings | 159 | 206 |
| YTD Return | +3.39% | +24.55%Best |
| 1Y Return | +4.51% | +29.85%Best |
| 3Y Return (annualized) | +5.83% | +16.64%Best |
| 5Y Return (annualized) | - | +9.54% |
| Volatility (annualized) | 0.9%Best | 13.7% |
| Max Drawdown | -4.1%Best | -16.1% |
| $10,000 over 3.2 years | $12,075 | $15,205Best |
| Fund Family | Panagram Structured Asset Management | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | Bank Loan | Large Cap Value |
| Inception | Jul 18, 2023 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jul 19, 2023 to Oct 14, 2026 (3.2 years).
CLOX vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.2 years both funds cover.
CLOX vs SCHD Performance
Eldridge AAA CLO ETF (CLOX) is an ETF from Panagram Structured Asset Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year CLOX returned +4.51% while SCHD returned +29.85%. Year to date, CLOX is up 3.39% versus a gain of 24.55% for SCHD.
Over three years, CLOX compounded at +5.83% per year against +16.64% for SCHD.
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 CLOX. 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 -4.1% for CLOX and -16.1% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.17. They move largely independently of each other.
Fees and Cost Over Time
CLOX charges 0.20% per year while SCHD charges 0.06%. On a $10,000 position that is $20 vs $6 annually, a gap of $14 per year that compounds over a long holding period. On income, CLOX currently yields 4.82% against 3.24% for SCHD.
Holdings Overlap
We hold position weights for 5 holdings in CLOX and 98 in SCHD, totalling 4.6% and 99.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 5 positions we hold weights for in CLOX and 98 in SCHD, against full books of 159 and 206.
You are not choosing between two funds in isolation.
Whichever of CLOX and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CLOX or SCHD?
CLOX has an expense ratio of 0.20% while SCHD charges 0.06%. SCHD is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, CLOX or SCHD?
Over the past year CLOX returned +4.51% vs +29.85% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CLOX or SCHD?
SCHD has been the more volatile fund at 13.7% annualized versus 0.9% for CLOX. Worst drawdown: CLOX -4.1% vs SCHD -16.1%.
Should I hold both CLOX and SCHD?
CLOX and SCHD have a monthly-return correlation of 0.17, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, CLOX or SCHD?
CLOX yields 4.82% while SCHD yields 3.24%, so CLOX currently pays the higher dividend yield.
Is SCHD better than CLOX?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.