BGT vs SCHD
BlackRock Floating Rate Income Trust vs Schwab US Dividend Equity ETF
Which is better, BGT or SCHD?
Bank Loan against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window.
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 | BGT | SCHD |
|---|---|---|
| Expense Ratio | 2.10% | 0.06%Best |
| AUM | $331M | $112.2B |
| Dividend Yield | 12.98% | 3.13% |
| Holdings | 485 | 103 |
| YTD Return | +6.64% | +27.56%Best |
| 1Y Return | +0.93% | +30.29%Best |
| 3Y Return (annualized) | +9.07% | +16.37%Best |
| 5Y Return (annualized) | +7.25% | +10.23%Best |
| Volatility (annualized) | 10.7%Best | 13.6% |
| Max Drawdown | -53.4% | -33.4%Best |
| $10,000 over 5 years | $14,190 | $16,274Best |
| Fund Family | BlackRock, Inc. (US) | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | Bank Loan | Large Cap Value |
| Inception | Aug 30, 2004 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 4, 2026 (14.9 years).
BGT 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 14.9 years both funds cover.
BGT vs SCHD Performance
BlackRock Floating Rate Income Trust (BGT) is an ETF from BlackRock, Inc. (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year BGT returned +0.93% while SCHD returned +30.29%. Year to date, BGT is up 6.64% versus a gain of 27.56% for SCHD.
Over three years, BGT compounded at +9.07% per year against +16.37% for SCHD; over five years the annualized figures are +7.25% and +10.23% respectively. Across the full 15-year window we track, SCHD has the edge at +11.53% annualized vs +2.74%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 10.7% for BGT. 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 -53.4% for BGT and -33.4% 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 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BGT charges 2.10% per year while SCHD charges 0.06%. On a $10,000 position that is $210 vs $6 annually, a gap of $204 per year that compounds over a long holding period. On income, BGT currently yields 12.98% against 3.13% for SCHD.
Holdings Overlap
At least 0.3% of SCHD's money is in holdings BGT also owns.
Stated as a floor: for BGT, our book for it covers 74.9% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
The two holdings books were reported 219 days apart, BGT as of Dec 31, 2025 and SCHD as of Aug 7, 2026, so some of the difference between them is the time between the two reports rather than the funds.
1 positions in common, counted across the 233 positions we hold weights for in BGT and 100 in SCHD, against full books of 485 and 103.
Top Shared Holdings
| Stock | Weight in BGT | Weight in SCHD | Difference |
|---|---|---|---|
| AFGAmerican Financial Group Inc/Oh | 0.00% | 0.25% | 0.25% |
You are not choosing between two funds in isolation.
Whichever of BGT 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, BGT or SCHD?
BGT has an expense ratio of 2.10% while SCHD charges 0.06%. SCHD is the cheaper option, by $204 a year on a $10,000 investment.
Which performed better, BGT or SCHD?
Over the past year BGT returned +0.93% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), BGT annualized +2.74% vs +11.53% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BGT or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 10.7% for BGT. Worst drawdown: BGT -53.4% vs SCHD -33.4%.
Should I hold both BGT and SCHD?
BGT and SCHD have a monthly-return correlation of 0.61, 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, BGT or SCHD?
BGT yields 12.98% while SCHD yields 3.13%, so BGT currently pays the higher dividend yield.
Is SCHD better than BGT?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.