ACLC vs SCHD
American Century Large Cap Equity ETF vs Schwab US Dividend Equity ETF
Which is better, ACLC or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. ACLC led over 3Y, SCHD over 1Y, 5Y and the full window. ACLC is less concentrated, with 38.7% of the fund in its ten largest positions against 41.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ACLC | SCHD |
|---|---|---|
| Expense Ratio | 0.39% | 0.06%Best |
| AUM | $327M | $112.2B |
| Dividend Yield | 0.54% | 3.13% |
| Holdings | 101 | 103 |
| YTD Return | +10.72% | +27.56%Best |
| 1Y Return | +15.20% | +30.29%Best |
| 3Y Return (annualized) | +16.60%Best | +16.37% |
| 5Y Return (annualized) | +9.66% | +10.23%Best |
| Volatility (annualized) | 16.0% | 15.1%Best |
| Max Drawdown | -26.4% | -16.9%Best |
| $10,000 over 5 years | $15,858 | $16,274Best |
| Top 10 Weight | 38.7%Best | 41.5% |
| Fund Family | American Century Investments | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jul 15, 2020 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Jul 15, 2020 to Sep 4, 2026 (6.1 years).
ACLC vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.1 years both funds cover.
ACLC vs SCHD Performance
American Century Large Cap Equity ETF (ACLC) is an ETF from American Century Investments and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year ACLC returned +15.20% while SCHD returned +30.29%. Year to date, ACLC is up 10.72% versus a gain of 27.56% for SCHD.
Over three years, ACLC compounded at +16.60% per year against +16.37% for SCHD; over five years the annualized figures are +9.66% and +10.23% respectively. Across the full 6-year window we track, SCHD has the edge at +15.12% annualized vs +14.16%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ACLC has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 15.1% for SCHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -26.4% for ACLC and -16.9% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ACLC charges 0.39% per year while SCHD charges 0.06%. On a $10,000 position that is $39 vs $6 annually, a gap of $33 per year that compounds over a long holding period. On income, ACLC currently yields 0.54% against 3.13% for SCHD.
Holdings Overlap
7.1% of ACLC's money is in holdings SCHD also owns. 32.8% of SCHD's money is in holdings ACLC also owns.
The two portfolios partly overlap.
10 positions in common, counted across the 100 positions we hold weights for in ACLC and 100 in SCHD, against full books of 101 and 103.
What only one of them owns
Our book lists 89 positions for SCHD that do not appear in our book for ACLC (67.1% of the fund), and 88 for ACLC that do not appear in SCHD (91.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ACLC | Weight in SCHD | Difference |
|---|---|---|---|
| HDHome Depot Inc/The | 1.20% | 4.32% | 3.12% |
| UNHUnitedhealth Group Incorporated | 0.63% | 4.11% | 3.48% |
| MRKMerck & Company Inc | 0.38% | 4.26% | 3.88% |
| PGProcter & Gamble Company | 0.65% | 3.96% | 3.31% |
| PEPPepsico Inc. | 0.62% | 3.71% | 3.09% |
| VZVerizon Communic | 0.29% | 3.84% | 3.55% |
| BMYBristol-Myers Squibb Co. | 0.28% | 3.31% | 3.03% |
| ADPAutomatic Data Processing, Inc. | 0.50% | 2.72% | 2.22% |
| SLBSchlumberger Nv. | 1.21% | 1.89% | 0.68% |
| RFEurazeo | 1.31% | 0.67% | 0.64% |
32.8% of SCHD is already inside ACLC.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ACLC or SCHD?
ACLC has an expense ratio of 0.39% while SCHD charges 0.06%. SCHD is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, ACLC or SCHD?
Over the past year ACLC returned +15.20% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), ACLC annualized +14.16% vs +15.12% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ACLC or SCHD?
ACLC has been the more volatile fund at 16.0% annualized versus 15.1% for SCHD. Worst drawdown: ACLC -26.4% vs SCHD -16.9%.
Should I hold both ACLC and SCHD?
ACLC and SCHD have a monthly-return correlation of 0.73, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ACLC and SCHD?
32.8% of SCHD's money is in holdings ACLC also owns. 32.8% of SCHD's is in holdings ACLC also owns. They hold 10 positions in common, counted across the 100 positions we hold weights for in ACLC and 100 in SCHD.
Which pays a higher dividend, ACLC or SCHD?
ACLC yields 0.54% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than ACLC?
SCHD has a lower expense ratio. ACLC led over 3Y, SCHD over 1Y, 5Y and the full window. ACLC is less concentrated, with 38.7% of the fund in its ten largest positions against 41.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.