ALAI vs SCHD
Alger AI Enablers & Adopters ETF vs Schwab US Dividend Equity ETF
Which is better, ALAI or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. ALAI led over the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 54.0%.
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 | ALAI | SCHD |
|---|---|---|
| Expense Ratio | 0.58% | 0.06%Best |
| AUM | $1.1B | $112.1B |
| Dividend Yield | 1.21% | 3.00% |
| Holdings | 72 | 103 |
| YTD Return | +21.89% | +24.04%Best |
| 1Y Return | +22.51% | +27.95%Best |
| 3Y Return (annualized) | - | +15.51% |
| 5Y Return (annualized) | - | +9.80% |
| Volatility (annualized) | 25.6% | 13.0%Best |
| Max Drawdown | -29.4% | -16.1%Best |
| $10,000 over 2.4 years | $22,171Best | $13,878 |
| Top 10 Weight | 54.0% | 41.8%Best |
| Fund Family | Alger | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Apr 4, 2024 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: Apr 5, 2024 to Sep 16, 2026 (2.4 years).
ALAI 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 2.4 years both funds cover.
ALAI vs SCHD Performance
Alger AI Enablers & Adopters ETF (ALAI) is an ETF from Alger and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year ALAI returned +22.51% while SCHD returned +27.95%. Year to date, ALAI is up 21.89% versus a gain of 24.04% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ALAI has been the more volatile fund, with annualized monthly volatility of 25.6% compared with 13.0% 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 -29.4% for ALAI and -16.1% 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 0.00. They move largely independently of each other.
Fees and Cost Over Time
ALAI charges 0.58% per year while SCHD charges 0.06%. On a $10,000 position that is $58 vs $6 annually, a gap of $52 per year that compounds over a long holding period. On income, ALAI currently yields 1.21% against 3.00% for SCHD.
Holdings Overlap
0.8% of ALAI's money is in holdings SCHD also owns. 3.8% of SCHD's money is in holdings ALAI also owns.
SCHD and ALAI share little of their money.
1 positions in common, counted across the 61 positions we hold weights for in ALAI and 100 in SCHD, against full books of 72 and 103.
What only one of them owns
Our book lists 98 positions for SCHD that do not appear in our book for ALAI (96.1% of the fund), and 49 for ALAI that do not appear in SCHD (81.6%).
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 ALAI | Weight in SCHD | Difference |
|---|---|---|---|
| UNHUnitedhealth Group Incorporated | 0.81% | 3.82% | 3.01% |
You are not choosing between two funds in isolation.
Whichever of ALAI and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ALAI or SCHD?
ALAI has an expense ratio of 0.58% while SCHD charges 0.06%. SCHD is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, ALAI or SCHD?
Over the past year ALAI returned +22.51% vs +27.95% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), ALAI annualized +39.34% vs +14.63% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ALAI or SCHD?
ALAI has been the more volatile fund at 25.6% annualized versus 13.0% for SCHD. Worst drawdown: ALAI -29.4% vs SCHD -16.1%.
Should I hold both ALAI and SCHD?
ALAI and SCHD have a monthly-return correlation of 0.00, 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 ALAI and SCHD?
3.8% of SCHD's money is in holdings ALAI also owns. 3.8% of SCHD's is in holdings ALAI also owns. They hold 1 positions in common, counted across the 61 positions we hold weights for in ALAI and 100 in SCHD.
Which pays a higher dividend, ALAI or SCHD?
ALAI yields 1.21% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than ALAI?
SCHD has a lower expense ratio. ALAI led over the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 54.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.