BLCN vs SCHD
Siren NexGen Economy ETF vs Schwab US Dividend Equity ETF
Which is better, BLCN or SCHD?
Multi Alternative against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 61.9%.
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 | BLCN | SCHD |
|---|---|---|
| Expense Ratio | 0.68% | 0.06%Best |
| AUM | $33M | $112.2B |
| Dividend Yield | 2.71% | 3.13% |
| Holdings | 27 | 103 |
| Volatility (annualized) | 28.1% | 16.2%Best |
| Max Drawdown | -67.5% | -33.4%Best |
| $10,000 over 8.5 years | $10,984 | $21,966Best |
| Top 10 Weight | 61.9% | 41.5%Best |
| Fund Family | SRN Advisors | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | Jan 16, 2018 | Oct 20, 2011 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 52 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. BLCN has data through Jul 14, 2026 and SCHD through Sep 4, 2026.
Volatility and max drawdown, and the $10,000 over 8.5 years row, are measured over the window both funds cover: Jan 17, 2018 to Jul 14, 2026 (8.5 years).
Risk: Volatility and Drawdowns
BLCN has been the more volatile fund, with annualized monthly volatility of 28.1% compared with 16.2% 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 -67.5% for BLCN 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 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BLCN charges 0.68% per year while SCHD charges 0.06%. On a $10,000 position that is $68 vs $6 annually, a gap of $62 per year that compounds over a long holding period. On income, BLCN currently yields 2.71% against 3.13% for SCHD.
Holdings Overlap
We hold position weights for 22 holdings in BLCN and 100 in SCHD, totalling 97.2% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 99 days apart, BLCN as of Apr 30, 2026 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.
0 positions in common, counted across the 22 positions we hold weights for in BLCN and 100 in SCHD, against full books of 27 and 103.
What only one of them owns
Our book lists 98 positions for SCHD that do not appear in our book for BLCN (99.7% of the fund), and 10 for BLCN that do not appear in SCHD (50.0%).
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.
You are not choosing between two funds in isolation.
Whichever of BLCN 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, BLCN or SCHD?
BLCN has an expense ratio of 0.68% while SCHD charges 0.06%. SCHD is the cheaper option, by $62 a year on a $10,000 investment.
Which is riskier, BLCN or SCHD?
BLCN has been the more volatile fund at 28.1% annualized versus 16.2% for SCHD. Worst drawdown: BLCN -67.5% vs SCHD -33.4%.
Should I hold both BLCN and SCHD?
BLCN and SCHD have a monthly-return correlation of 0.62, 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, BLCN or SCHD?
BLCN yields 2.71% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than BLCN?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 61.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.