AZTD vs. SCHD

Last updated Jun 4, 2026

AZTD (Aztlan Global Stock Selection Dm SMID ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - AZTD is a Global Equities fund tracking the Solactive Aztlan Global Developed Markets SMID Cap Index - Benchmark TR Gross, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Both are passively managed. Over the past 3 years, AZTD returned 17.18%/yr vs 15.09%/yr for SCHD. A 0.60 correlation means they provide meaningful diversification when combined. AZTD charges 0.75%/yr vs 0.06%/yr for SCHD.

Performance

AZTD vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aztlan Global Stock Selection Dm SMID ETF (AZTD) and Schwab U.S. Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AZTD achieves a 12.83% return, which is significantly lower than SCHD's 19.01% return.

AZTD

• 1D: -0.81%
• 1M: 1.21%
• YTD: 12.83%
• 6M: 15.42%
• 1Y: 24.37%
• 3Y*: 17.18%
• 5Y*: —
• 10Y*: —

SCHD

• 1D: 0.00%
• 1M: 2.70%
• YTD: 19.01%
• 6M: 18.63%
• 1Y: 27.16%
• 3Y*: 15.09%
• 5Y*: 8.36%
• 10Y*: 12.77%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AZTD vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AZTD Aztlan Global Stock Selection Dm SMID ETF	12.83%	25.46%	6.87%	10.34%	-1.54%
SCHD Schwab U.S. Dividend Equity ETF	19.01%	4.34%	11.66%	4.54%	-1.17%

Correlation

The correlation between AZTD and SCHD is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (All Time) Calculated using the full available price history since Aug 19, 2022	0.60

The correlation between AZTD and SCHD shifts across timeframes, from 0.41 (1 year) to 0.60 (all time), reflecting how their relationship changes across market environments.

AZTD vs. SCHD - Sectors Allocation Comparison

Sectors	AZTD	SCHD
Technology	25.3%	16.4%
Consumer Cyclical	22.3%	6.3%
Industrials	18.2%	7.5%
Financial Services	14.4%	9.3%
Healthcare	7.8%	18.8%
Consumer Defensive	4.0%	19.2%
Basic Materials	3.0%	1.2%
Utilities	2.0%	0.0%
Communication Services	1.6%	6.3%
Energy	1.4%	16.2%
Real Estate	-	-

Return for Risk

AZTD vs. SCHD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AZTD

AZTD Risk / Return Rank: 42
AZTD Sharpe Ratio Rank: 40
AZTD Sortino Ratio Rank: 41
AZTD Omega Ratio Rank: 39
AZTD Calmar Ratio Rank: 45
AZTD Martin Ratio Rank: 45

SCHD

SCHD Risk / Return Rank: 80
SCHD Sharpe Ratio Rank: 75
SCHD Sortino Ratio Rank: 84
SCHD Omega Ratio Rank: 73
SCHD Calmar Ratio Rank: 91
SCHD Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AZTD vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aztlan Global Stock Selection Dm SMID ETF (AZTD) and Schwab U.S. Dividend Equity ETF (SCHD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AZTD	SCHD	Difference
Sharpe ratio Return per unit of total volatility	1.41	2.49	-1.08
Sortino ratio Return per unit of downside risk	2.05	3.87	-1.82
Omega ratio Gain probability vs. loss probability	1.25	1.45	-0.20
Calmar ratio Return relative to maximum drawdown	2.19	5.91	-3.72
Martin ratio Return relative to average drawdown	7.26	14.53	-7.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AZTD vs. SCHD - Sharpe Ratio Comparison

The current AZTD Sharpe Ratio is 1.41, which is lower than the SCHD Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of AZTD and SCHD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AZTD	SCHD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.41	2.49	-1.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.58	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.86	-0.10

Drawdowns

AZTD vs. SCHD - Drawdown Comparison

The maximum AZTD drawdown since its inception was -16.75%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for AZTD and SCHD.

Drawdown Indicators

	AZTD	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-16.75%	-33.37%	+16.62%
Max Drawdown (1Y) Largest decline over 1 year	-11.19%	-4.61%	-6.58%
Max Drawdown (3Y) Largest decline over 3 years	-16.75%	-16.13%	-0.62%
Max Drawdown (5Y) Largest decline over 5 years	—	-16.85%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.37%	—
Current Drawdown Current decline from peak	-2.83%	-1.40%	-1.43%
Average Drawdown Average peak-to-trough decline	-3.87%	-3.32%	-0.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.37%	1.88%	+1.49%

Volatility

AZTD vs. SCHD - Volatility Comparison

Aztlan Global Stock Selection Dm SMID ETF (AZTD) has a higher volatility of 5.16% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 2.66%. This indicates that AZTD's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AZTD	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.16%	2.66%	+2.50%
Volatility (6M) Calculated over the trailing 6-month period	13.08%	7.66%	+5.42%
Volatility (1Y) Calculated over the trailing 1-year period	17.33%	10.96%	+6.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.56%	14.38%	+4.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.56%	16.72%	+1.84%

AZTD vs. SCHD - Expense Ratio Comparison

AZTD has a 0.75% expense ratio, which is higher than SCHD's 0.06% expense ratio.

Dividends

AZTD vs. SCHD - Dividend Comparison

AZTD's dividend yield for the trailing twelve months is around 0.93%, less than SCHD's 3.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AZTD Aztlan Global Stock Selection Dm SMID ETF	0.93%	1.05%	1.87%	0.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHD Schwab U.S. Dividend Equity ETF	3.26%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%

Frequently Asked Questions

Can I hold both AZTD and SCHD in my portfolio?

AZTD and SCHD have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AZTD or SCHD?

AZTD has higher volatility (5.16%) compared to SCHD (2.66%). In terms of maximum drawdown, AZTD dropped -16.75% vs SCHD's -33.37%.

Which ETF is better, AZTD or SCHD?

On 3-year performance, AZTD leads with 17.18% vs 15.09% for SCHD. On fees, SCHD is cheaper at 0.06% per year. On volatility, SCHD has been the lower-risk option at 2.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AZTD or SCHD?

Over the 3-year period, AZTD has performed better with a 17.18% return vs 15.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AZTD or SCHD?

SCHD is cheaper with a 0.06% expense ratio, compared with 0.75% for AZTD.

Which ETF pays a higher dividend yield, AZTD or SCHD?

SCHD has the higher dividend yield at 3.26%, compared with 0.93% for AZTD.

What is the main difference between AZTD and SCHD?

AZTD is categorized as Global Equities, while SCHD is Dividend. AZTD tracks Solactive Aztlan Global Developed Markets SMID Cap Index - Benchmark TR Gross, while SCHD tracks Dow Jones U.S. Dividend 100 Index. They also come from different issuers: Aztlan and Charles Schwab. Their fees differ too: 0.75% for AZTD and 0.06% for SCHD.

Which has better risk-adjusted returns?

SCHD currently has the higher Sharpe Ratio (2.49 vs 1.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.