SNOY vs. SCHD
SNOY (YieldMax SNOW Option Income Strategy ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - SNOY is a Derivative Income fund actively managed by YieldMax, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. SNOY is actively managed, while SCHD is passively managed. Over the past year, SNOY returned 42.54% vs 31.88% for SCHD. Their 0.06 correlation means their historical movements had little consistent relationship. SNOY charges 0.99%/yr vs 0.06%/yr for SCHD.
Performance
SNOY vs. SCHD - Performance Comparison
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Returns By Period
In the year-to-date period, SNOY achieves a 40.69% return, which is significantly higher than SCHD's 25.44% return.
SNOY
- 1D
- 2.28%
- 1M
- 19.35%
- 6M
- 75.46%
- YTD
- 40.69%
- 1Y
- 42.54%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 45.28%
SCHD
- 1D
- 0.86%
- 1M
- 4.51%
- 6M
- 12.81%
- YTD
- 25.44%
- 1Y
- 31.88%
- 3Y*
- 15.21%
- 5Y*
- 9.72%
- 10Y*
- 12.80%
- ALL TIME*
- 13.47%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $839.54M | $733.40M | $694.82M | |
| $2.38M | $1.81M | $1.22M |
SNOY vs. SCHD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
SNOY YieldMax SNOW Option Income Strategy ETF | 40.69% | 30.66% | 21.28% |
SCHD Schwab U.S. Dividend Equity ETF | 25.44% | 4.34% | 8.46% |
Correlation
The correlation between SNOY and SCHD is -0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.07 |
Correlation (All Time) Calculated using the full available price history since Jun 11, 2024 | 0.06 |
The correlation between SNOY and SCHD shifts across timeframes, from -0.07 (1 year) to 0.06 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SNOY vs. SCHD — Risk / Return Rank
SNOY
SCHD
SNOY vs. SCHD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax SNOW Option Income Strategy ETF (SNOY) 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.
| SNOY | SCHD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.16 | ||
| Sortino ratioReturn per unit of downside risk | -2.88 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.52 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | 0.84 | 6.94 | -6.10 |
| Martin ratioReturn relative to average drawdown | 1.86 | 17.52 | -15.66 |
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Drawdowns
SNOY vs. SCHD - Drawdown Comparison
The maximum SNOY drawdown since its inception was -50.90%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for SNOY and SCHD.
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Drawdown Indicators
| SNOY | SCHD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.90% | -33.37% | -17.53% |
Max Drawdown (1Y)Largest decline over 1 year | -50.90% | -4.61% | -46.29% |
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 DrawdownCurrent decline from peak | 0.00% | -0.12% | +0.12% |
Average DrawdownAverage peak-to-trough decline | -12.12% | -3.29% | -8.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.99% | 1.82% | +21.17% |
Volatility
SNOY vs. SCHD - Volatility Comparison
YieldMax SNOW Option Income Strategy ETF (SNOY) has a higher volatility of 7.60% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 3.82%. This indicates that SNOY'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.
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Volatility by Period
| SNOY | SCHD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.60% | 3.82% | +3.78% |
Volatility (6M)Calculated over the trailing 6-month period | 47.40% | 8.01% | +39.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.72% | 11.06% | +46.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.80% | 14.38% | +36.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.80% | 16.73% | +34.07% |
SNOY vs. SCHD - Expense Ratio Comparison
SNOY has a 0.99% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Dividends
SNOY vs. SCHD - Dividend Comparison
SNOY's dividend yield for the trailing twelve months is around 66.71%, more than SCHD's 3.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SCHD Schwab U.S. Dividend Equity ETF | 3.10% | 3.82% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% |
SNOY YieldMax SNOW Option Income Strategy ETF | 66.71% | 84.96% | 33.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SNOY and SCHD have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SNOY has higher volatility (7.60%) compared to SCHD (3.82%). In terms of maximum drawdown, SNOY dropped -50.90% vs SCHD's -33.37%.
On 1-year performance, SNOY leads with 42.54% vs 31.88% for SCHD. On fees, SCHD is cheaper at 0.06% per year. On volatility, SCHD has been the lower-risk option at 3.82%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SNOY has performed better with a 42.54% return vs 31.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHD is cheaper with a 0.06% expense ratio, compared with 0.99% for SNOY.
SNOY has the higher dividend yield at 66.71%, compared with 3.10% for SCHD.
SNOY 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 SNOY and 0.06% for SCHD.
SCHD currently has the higher Sharpe Ratio (2.90 vs 0.74), 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.
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