BOXX vs SCHD
Alpha Architect 1-3 Month Box ETF vs Schwab US Dividend Equity ETF
Which is better, BOXX or SCHD?
Option Writing against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y 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 | BOXX | SCHD |
|---|---|---|
| Expense Ratio | 0.19% | 0.06%Best |
| AUM | $14.6B | $112.1B |
| Dividend Yield | 0.00% | 3.00% |
| Holdings | 10 | 103 |
| YTD Return | +2.70% | +23.46%Best |
| 1Y Return | +4.01% | +27.20%Best |
| 3Y Return (annualized) | +4.64% | +15.41%Best |
| 5Y Return (annualized) | - | +10.16% |
| Volatility (annualized) | 0.3%Best | 13.2% |
| Max Drawdown | -0.1%Best | -16.1% |
| $10,000 over 3.7 years | $11,840 | $15,285Best |
| Fund Family | Alpha Architect | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Value |
| Inception | Dec 28, 2022 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.7 years row, are measured over the window both funds cover: Dec 28, 2022 to Sep 18, 2026 (3.7 years).
BOXX 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 3.7 years both funds cover.
BOXX vs SCHD Performance
Alpha Architect 1-3 Month Box ETF (BOXX) is an ETF from Alpha Architect and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year BOXX returned +4.01% while SCHD returned +27.20%. Year to date, BOXX is up 2.70% versus a gain of 23.46% for SCHD.
Over three years, BOXX compounded at +4.64% per year against +15.41% for SCHD. Across the full 4-year window we track, SCHD has the edge at +12.15% annualized vs +4.67%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.2% compared with 0.3% for BOXX. 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 -0.1% for BOXX 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 0.11. They move largely independently of each other.
Fees and Cost Over Time
BOXX charges 0.19% per year while SCHD charges 0.06%. On a $10,000 position that is $19 vs $6 annually, a gap of $13 per year that compounds over a long holding period. On income, BOXX currently yields 0.00% against 3.00% for SCHD.
You are not choosing between two funds in isolation.
Whichever of BOXX 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, BOXX or SCHD?
BOXX has an expense ratio of 0.19% while SCHD charges 0.06%. SCHD is the cheaper option, by $13 a year on a $10,000 investment.
Which performed better, BOXX or SCHD?
Over the past year BOXX returned +4.01% vs +27.20% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), BOXX annualized +4.67% vs +12.15% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BOXX or SCHD?
SCHD has been the more volatile fund at 13.2% annualized versus 0.3% for BOXX. Worst drawdown: BOXX -0.1% vs SCHD -16.1%.
Should I hold both BOXX and SCHD?
BOXX and SCHD have a monthly-return correlation of 0.11, 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, BOXX or SCHD?
BOXX yields 0.00% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than BOXX?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.