DDDD vs. SCHD

Last updated Jun 25, 2026

DDDD (YieldMax U.S. Stocks Target Double Distribution ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - DDDD is a Derivative Income fund actively managed by YieldMax, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. DDDD is actively managed, while SCHD is passively managed. With a 0.96 correlation, they move nearly in lockstep. DDDD charges 0.99%/yr vs 0.06%/yr for SCHD.

Performance

DDDD vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax U.S. Stocks Target Double Distribution ETF (DDDD) and Schwab U.S. Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DDDD

• 1D: -0.41%
• 1M: -2.90%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SCHD

• 1D: -0.94%
• 1M: -3.38%
• YTD: 16.62%
• 6M: 15.65%
• 1Y: 23.21%
• 3Y*: 14.25%
• 5Y*: 8.36%
• 10Y*: 12.62%

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

DDDD vs. SCHD - Yearly Performance Comparison

	2026 (YTD)
DDDD YieldMax U.S. Stocks Target Double Distribution ETF	3.15%
SCHD Schwab U.S. Dividend Equity ETF	3.19%

Correlation

The correlation between DDDD and SCHD is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 12, 2026	0.96

Return for Risk

DDDD vs. SCHD — Risk / Return Rank

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

DDDD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SCHD

SCHD Risk / Return Rank: 77
SCHD Sharpe Ratio Rank: 73
SCHD Sortino Ratio Rank: 80
SCHD Omega Ratio Rank: 70
SCHD Calmar Ratio Rank: 90
SCHD Martin Ratio Rank: 73

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.

DDDD vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax U.S. Stocks Target Double Distribution ETF (DDDD) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DDDD	SCHD	Difference
Sharpe ratio: Return per unit of total volatility	—	2.10	—
Sortino ratio: Return per unit of downside risk	—	3.20	—
Omega ratio: Gain probability vs. loss probability	—	1.37	—
Calmar ratio: Return relative to maximum drawdown	—	5.05	—
Martin ratio: Return relative to average drawdown	—	12.16	—

Drawdowns

DDDD vs. SCHD - Drawdown Comparison

The maximum DDDD drawdown since its inception was -2.90%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for DDDD and SCHD.

Drawdown Indicators

	DDDD	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-2.90%	-33.37%	+30.47%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.61%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.13%	—
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	-2.90%	-3.38%	+0.48%
Average Drawdown Average peak-to-trough decline	-0.76%	-3.31%	+2.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.92%	—

Volatility

Volatility by Period

	DDDD	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.13%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.80%	—
Volatility (1Y) Calculated over the trailing 1-year period	9.81%	11.12%	-1.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.81%	14.36%	-4.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.81%	16.71%	-6.90%

DDDD vs. SCHD - Expense Ratio Comparison

DDDD has a 0.99% expense ratio, which is higher than SCHD's 0.06% expense ratio.

Dividends

DDDD vs. SCHD - Dividend Comparison

DDDD has not paid dividends to shareholders, while SCHD's dividend yield for the trailing twelve months is around 3.33%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DDDD YieldMax U.S. Stocks Target Double Distribution ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHD Schwab U.S. Dividend Equity ETF	3.33%	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 DDDD and SCHD in my portfolio?

With a correlation of 0.96, DDDD and SCHD move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, DDDD or SCHD?

On fees, SCHD is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DDDD or SCHD?

SCHD is cheaper with a 0.06% expense ratio, compared with 0.99% for DDDD.

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

SCHD has the higher dividend yield at 3.33%, compared with 0.00% for DDDD.

What is the main difference between DDDD and SCHD?

DDDD is categorized as Derivative Income, while SCHD is Dividend. They also come from different issuers: YieldMax and Charles Schwab. Their fees differ too: 0.99% for DDDD and 0.06% for SCHD.