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.
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 | $1.3B | $108.9B |
| Dividend Yield | 1.21% | 3.00% |
| Holdings | 72 | 206 |
| YTD Return | +29.91%Best | +22.08% |
| 1Y Return | +25.44% | +26.66%Best |
| 3Y Return (annualized) | - | +16.06% |
| 5Y Return (annualized) | - | +9.39% |
| Volatility (annualized) | 25.0% | 13.3%Best |
| Max Drawdown | -29.4% | -16.1%Best |
| $10,000 over 2.5 years | $23,914Best | $13,727 |
| Fund Family | Alger | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Apr 4, 2024 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Apr 5, 2024 to Oct 9, 2026 (2.5 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 2.5 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 +25.44% while SCHD returned +26.66%. Year to date, ALAI is up 29.91% versus a gain of 22.08% 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 25.0% compared with 13.3% 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 -0.03. 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
We hold position weights for 1 holding in ALAI and 99 in SCHD, totalling 2.2% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in ALAI and 99 in SCHD, against full books of 72 and 206.
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 +25.44% vs +26.66% for SCHD, so SCHD leads on 1-year performance. 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 25.0% annualized versus 13.3% 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 -0.03, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
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. Which one suits a particular account depends on what it is for. This is information, not a recommendation.