SCHD vs SLVO
Schwab US Dividend Equity ETF vs ETRACS Silver Shares Covered Call ETN
Which is better, SCHD or SLVO?
Large Cap Value against Silver.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window, SLVO over 3Y and 5Y.
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 | SCHD | SLVO |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.65% |
| AUM | $111.6B | $311M |
| Dividend Yield | 3.24% | 48.50% |
| Holdings | 206 | - |
| YTD Return | +24.55%Best | -4.54% |
| 1Y Return | +29.85%Best | +8.77% |
| 3Y Return (annualized) | +16.64% | +27.72%Best |
| 5Y Return (annualized) | +9.54% | +14.19%Best |
| Volatility (annualized) | 14.2%Best | 21.5% |
| Max Drawdown | -33.4%Best | -78.4% |
| $10,000 over 5 years | $15,771 | $19,415Best |
| Fund Family | Charles Schwab Asset Management | UBS AG |
| Category | Equity | Commodity |
| Style | Large Cap Value | Silver |
| Inception | Oct 20, 2011 | Apr 16, 2013 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 17, 2013 to Oct 14, 2026 (13.5 years).
SCHD vs SLVO 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 13.5 years both funds cover.
SCHD vs SLVO Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and ETRACS Silver Shares Covered Call ETN (SLVO) is an ETF from UBS AG. Over the past year SCHD returned +29.85% while SLVO returned +8.77%. Year to date, SCHD is up 24.55% versus a loss of 4.54% for SLVO.
Over three years, SCHD compounded at +16.64% per year against +27.72% for SLVO; over five years the annualized figures are +9.54% and +14.19% respectively. Across the full 14-year window we track, SCHD has the edge at +10.59% annualized vs -3.51%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SLVO has been the more volatile fund, with annualized monthly volatility of 21.5% compared with 14.2% 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 -78.4% for SLVO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.32. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while SLVO charges 0.65%. On a $10,000 position that is $6 vs $65 annually, a gap of $59 per year that compounds over a long holding period. On income, SCHD currently yields 3.24% against 48.50% for SLVO.
You are not choosing between two funds in isolation.
Whichever of SCHD and SLVO 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, SCHD or SLVO?
SCHD has an expense ratio of 0.06% while SLVO charges 0.65%. SCHD is the cheaper option, by $59 a year on a $10,000 investment.
Which performed better, SCHD or SLVO?
Over the past year SCHD returned +29.85% vs +8.77% for SLVO, so SCHD leads on 1-year performance. Over the longest common window we track (14 years), SCHD annualized +10.59% vs -3.51% for SLVO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SLVO?
SLVO has been the more volatile fund at 21.5% annualized versus 14.2% for SCHD. Worst drawdown: SCHD -33.4% vs SLVO -78.4%.
Should I hold both SCHD and SLVO?
SCHD and SLVO have a monthly-return correlation of 0.32, 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, SCHD or SLVO?
SCHD yields 3.24% while SLVO yields 48.50%, so SLVO currently pays the higher dividend yield.
Is SLVO better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window, SLVO over 3Y and 5Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.