ETF Comparison
OMAH vs SCHD: Which Is the Better Pick in 2026?
A head-to-head comparison of VistaShares Omaha ETF and Schwab U.S. Dividend Equity ETF covering yield, cost, risk, and income potential.
Data updated April 2, 2026
Side-by-side snapshot
| OMAH | SCHD | |
|---|---|---|
| Full name | VistaShares Omaha ETF | Schwab U.S. Dividend Equity ETF |
| Issuer | VistaShares | Schwab |
| Price | $18.02 | $30.68 |
| Distribution yield | 15.13% | 3.30% |
| Expense ratio | 0.95% | 0.06% |
| AUM | $689M | $85.9B |
| Distribution frequency | Monthly | Quarterly |
| Underlying index | Berkshire Hathaway Inc. Class B (BRK.B) with an options overlay | Dow Jones U.S. Dividend 100 Index |
| Objective | Actively managed options income ETF that seeks a 15% annual distribution target by owning Berkshire Hathaway Class B shares and deploying a systematic call-writing overlay for monthly cash flow. | Seeks to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Dividend 100 Index, which measures the performance of high dividend yielding stocks issued by U.S. companies with a record of consistently paying dividends, selected for fundamental strength relative to their peers based on financial ratios. |
| Asset class | Equity | Equity |
| Inception date | 03/05/2025 | 10/20/2011 |
| Beta | 0.0 | 0.65 |
| Last dividend | $0.23 | $0.26 |
| Ex-dividend date | 03/30/2026 | 03/25/2026 |
Visual comparison
Key metrics
Projected income on $10K
Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
OMAH (VistaShares Omaha ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both popular monthly-pay actively managed options income etf that seeks a 15% annual distribution target by owning berkshire hathaway class b shares and deploying a systematic call-writing overlay for monthly cash flow. ETFs, but they take different approaches.
OMAH offers the higher yield at 15.13% vs 3.30% for SCHD. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
SCHD is cheaper with an expense ratio of 0.06% compared to 0.95%.
They track different benchmarks: OMAH is linked to Berkshire Hathaway Inc. Class B (BRK.B) with an options overlay while SCHD tracks Dow Jones U.S. Dividend 100 Index, which means their performance drivers differ.
SCHD is the larger fund by assets ($85.9B), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment, OMAH would generate roughly $126.08/month while SCHD would produce $27.50/month at current distribution rates. Both pay monthly distributions.
Cost & efficiency
Over 10 years on $10,000, OMAH would cost approximately $950 in fees vs $60 for SCHD (simplified, not compounded). The $890.00 difference may be offset by yield or performance.
Strategy & risk
OMAH tracks Berkshire Hathaway Inc. Class B (BRK.B) with an options overlay with a actively managed options income etf that seeks a 15% annual distribution target by owning berkshire hathaway class b shares and deploying a systematic call-writing overlay for monthly cash flow. approach, while SCHD tracks Dow Jones U.S. Dividend 100 Index using a seeks to track as closely as possible, before fees and expenses, the total return of the dow jones u.s. dividend 100 index, which measures the performance of high dividend yielding stocks issued by u.s. companies with a record of consistently paying dividends, selected for fundamental strength relative to their peers based on financial ratios. strategy. Beta is 0.0 for OMAH and 0.65 for SCHD, indicating OMAH is less volatile relative to the market.
Fund details
OMAH is managed by VistaShares (launched 03/05/2025) with $689M in assets. SCHD is managed by Schwab (launched 10/20/2011) with $85.9B in assets.
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
Frequently asked questions
Is OMAH or SCHD better for dividend income?
It depends on your goals. OMAH currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.
What is the difference between OMAH and SCHD?
OMAH (VistaShares Omaha ETF) tracks Berkshire Hathaway Inc. Class B (BRK.B) with an options overlay with a actively managed options income etf that seeks a 15% annual distribution target by owning berkshire hathaway class b shares and deploying a systematic call-writing overlay for monthly cash flow. strategy, while SCHD (Schwab U.S. Dividend Equity ETF) tracks Dow Jones U.S. Dividend 100 Index with a seeks to track as closely as possible, before fees and expenses, the total return of the dow jones u.s. dividend 100 index, which measures the performance of high dividend yielding stocks issued by u.s. companies with a record of consistently paying dividends, selected for fundamental strength relative to their peers based on financial ratios. approach. They are issued by VistaShares and Schwab respectively.
Can I hold both OMAH and SCHD?
Yes. Many income investors hold both to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.
Which has lower fees, OMAH or SCHD?
OMAH has an expense ratio of 0.95% while SCHD charges 0.06%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in OMAH vs SCHD generate?
At current yields, $10,000 in OMAH would generate roughly $126.08 per month ($1,513.00 annually). The same in SCHD would produce about $27.50 per month ($330.00 annually).
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