BSMC vs SCHD
Brandes US Small-Mid Cap Value ETF vs Schwab US Dividend Equity ETF
Which is better, BSMC or SCHD?
Mid Cap Value against Large Cap Value.
SCHD has a lower expense ratio. BSMC led over 3Y, SCHD over 1Y and the full window. BSMC is less concentrated, with 29.2% of the fund in its ten largest positions against 41.8%.
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 | BSMC | SCHD |
|---|---|---|
| Expense Ratio | 0.71% | 0.06%Best |
| AUM | $181M | $112.1B |
| Dividend Yield | 0.90% | 3.00% |
| Holdings | 73 | 103 |
| YTD Return | +10.90% | +23.46%Best |
| 1Y Return | +15.49% | +27.20%Best |
| 3Y Return (annualized) | +15.73%Best | +15.41% |
| 5Y Return (annualized) | - | +10.16% |
| Volatility (annualized) | 13.6% | 13.2%Best |
| Max Drawdown | -19.1% | -16.1%Best |
| $10,000 over 3 years | $15,500 | $16,189Best |
| Top 10 Weight | 29.2%Best | 41.8% |
| Fund Family | Brandes Investment Partners | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Value |
| Inception | Oct 3, 2023 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 6, 2023 to Sep 18, 2026 (3 years).
BSMC 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 years both funds cover.
BSMC vs SCHD Performance
Brandes US Small-Mid Cap Value ETF (BSMC) is an ETF from Brandes Investment Partners and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year BSMC returned +15.49% while SCHD returned +27.20%. Year to date, BSMC is up 10.90% versus a gain of 23.46% for SCHD.
Over three years, BSMC compounded at +15.73% per year against +15.41% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BSMC has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 13.2% 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 -19.1% for BSMC 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BSMC charges 0.71% per year while SCHD charges 0.06%. On a $10,000 position that is $71 vs $6 annually, a gap of $65 per year that compounds over a long holding period. On income, BSMC currently yields 0.90% against 3.00% for SCHD.
Holdings Overlap
2.1% of BSMC's money is in holdings SCHD also owns. 0.3% of SCHD's money is in holdings BSMC also owns.
BSMC and SCHD share little of their money.
3 positions in common, counted across the 70 positions we hold weights for in BSMC and 100 in SCHD, against full books of 73 and 103.
What only one of them owns
Our book lists 96 positions for SCHD that do not appear in our book for BSMC (99.6% of the fund), and 57 for BSMC that do not appear in SCHD (90.8%).
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 BSMC 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, BSMC or SCHD?
BSMC has an expense ratio of 0.71% while SCHD charges 0.06%. SCHD is the cheaper option, by $65 a year on a $10,000 investment.
Which performed better, BSMC or SCHD?
Over the past year BSMC returned +15.49% vs +27.20% 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, BSMC or SCHD?
BSMC has been the more volatile fund at 13.6% annualized versus 13.2% for SCHD. Worst drawdown: BSMC -19.1% vs SCHD -16.1%.
Should I hold both BSMC and SCHD?
BSMC and SCHD have a monthly-return correlation of 0.81, 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 BSMC and SCHD?
2.1% of BSMC's money is in holdings SCHD also owns. 0.3% of SCHD's is in holdings BSMC also owns. They hold 3 positions in common, counted across the 70 positions we hold weights for in BSMC and 100 in SCHD.
Which pays a higher dividend, BSMC or SCHD?
BSMC yields 0.90% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than BSMC?
SCHD has a lower expense ratio. BSMC led over 3Y, SCHD over 1Y and the full window. BSMC is less concentrated, with 29.2% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.