EYEG vs. SCHD

Last updated Jun 24, 2026

EYEG (AB Corporate Bond ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - EYEG is a Corporate Bonds fund actively managed by AllianceBernstein, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. EYEG is actively managed, while SCHD is passively managed. Over the past year, EYEG returned 4.90% vs 24.56% for SCHD. At a 0.26 correlation, their price movements are largely independent. EYEG charges 0.30%/yr vs 0.06%/yr for SCHD.

Performance

EYEG vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB Corporate Bond ETF (EYEG) 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, EYEG achieves a 0.60% return, which is significantly lower than SCHD's 17.72% return.

EYEG

• 1D: 0.13%
• 1M: 0.72%
• YTD: 0.60%
• 6M: 0.76%
• 1Y: 4.90%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SCHD

• 1D: 0.41%
• 1M: -2.47%
• YTD: 17.72%
• 6M: 17.25%
• 1Y: 24.56%
• 3Y*: 14.60%
• 5Y*: 8.71%
• 10Y*: 12.72%

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

EYEG vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EYEG AB Corporate Bond ETF	0.60%	7.42%	3.17%	1.41%
SCHD Schwab U.S. Dividend Equity ETF	17.72%	4.34%	11.66%	3.92%

Correlation

The correlation between EYEG and SCHD is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (All Time) Calculated using the full available price history since Dec 13, 2023	0.26

Return for Risk

EYEG vs. SCHD — Risk / Return Rank

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

EYEG

EYEG Risk / Return Rank: 34
EYEG Sharpe Ratio Rank: 34
EYEG Sortino Ratio Rank: 34
EYEG Omega Ratio Rank: 31
EYEG Calmar Ratio Rank: 37
EYEG Martin Ratio Rank: 34

SCHD

SCHD Risk / Return Rank: 77
SCHD Sharpe Ratio Rank: 72
SCHD Sortino Ratio Rank: 80
SCHD Omega Ratio Rank: 70
SCHD Calmar Ratio Rank: 90
SCHD Martin Ratio Rank: 71

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.

EYEG vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Corporate Bond ETF (EYEG) 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.

	EYEG	SCHD	Difference
Sharpe ratio: Return per unit of total volatility	1.14	2.23	-1.09
Sortino ratio: Return per unit of downside risk	1.68	3.40	-1.72
Omega ratio: Gain probability vs. loss probability	1.20	1.40	-0.20
Calmar ratio: Return relative to maximum drawdown	1.73	5.35	-3.62
Martin ratio: Return relative to average drawdown	4.97	12.94	-7.97

EYEG vs. SCHD - Sharpe Ratio Comparison

The current EYEG Sharpe Ratio is 1.14, which is lower than the SCHD Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of EYEG 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.

Drawdowns

EYEG vs. SCHD - Drawdown Comparison

The maximum EYEG drawdown since its inception was -4.66%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for EYEG and SCHD.

Drawdown Indicators

	EYEG	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-4.66%	-33.37%	+28.71%
Max Drawdown (1Y) Largest decline over 1 year	-2.84%	-4.61%	+1.77%
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	-0.72%	-2.47%	+1.75%
Average Drawdown Average peak-to-trough decline	-1.24%	-3.31%	+2.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.99%	1.90%	-0.91%

Volatility

EYEG vs. SCHD - Volatility Comparison

The current volatility for AB Corporate Bond ETF (EYEG) is 1.12%, while Schwab U.S. Dividend Equity ETF (SCHD) has a volatility of 3.58%. This indicates that EYEG experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EYEG	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.12%	3.58%	-2.46%
Volatility (6M) Calculated over the trailing 6-month period	3.25%	7.73%	-4.48%
Volatility (1Y) Calculated over the trailing 1-year period	4.31%	11.07%	-6.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.45%	14.36%	-8.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.45%	16.71%	-11.26%

EYEG vs. SCHD - Expense Ratio Comparison

EYEG has a 0.30% expense ratio, which is higher than SCHD's 0.06% expense ratio.

Dividends

EYEG vs. SCHD - Dividend Comparison

EYEG's dividend yield for the trailing twelve months is around 4.93%, more than SCHD's 3.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EYEG AB Corporate Bond ETF	4.93%	4.94%	6.07%	0.25%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SCHD Schwab U.S. Dividend Equity ETF	3.30%	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 EYEG and SCHD in my portfolio?

EYEG and SCHD have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EYEG or SCHD?

SCHD has higher volatility (3.58%) compared to EYEG (1.12%). In terms of maximum drawdown, EYEG dropped -4.66% vs SCHD's -33.37%.

Which ETF is better, EYEG or SCHD?

On 1-year performance, SCHD leads with 24.56% vs 4.90% for EYEG. On fees, SCHD is cheaper at 0.06% per year. On volatility, EYEG has been the lower-risk option at 1.12%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EYEG or SCHD?

Over the 1-year period, SCHD has performed better with a 24.56% return vs 4.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EYEG or SCHD?

SCHD is cheaper with a 0.06% expense ratio, compared with 0.30% for EYEG.

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

EYEG has the higher dividend yield at 4.93%, compared with 3.30% for SCHD.

What is the main difference between EYEG and SCHD?

EYEG is categorized as Corporate Bonds, while SCHD is Dividend. They also come from different issuers: AllianceBernstein and Charles Schwab. Their fees differ too: 0.30% for EYEG and 0.06% for SCHD.

Which has better risk-adjusted returns?

SCHD currently has the higher Sharpe Ratio (2.23 vs 1.14), 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.