BXSL vs SCHD
Blackstone Secured Lending Fund vs Schwab US Dividend Equity ETF
Which is better, BXSL 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 | BXSL | SCHD |
|---|---|---|
| Expense Ratio | 11.03% | 0.06%Best |
| AUM | - | $112.1B |
| Dividend Yield | - | 3.00% |
| Holdings | 1 | 103 |
| YTD Return | -0.30% | +23.46%Best |
| 1Y Return | -0.01% | +27.20%Best |
| 3Y Return (annualized) | +6.73% | +15.41%Best |
| 5Y Return (annualized) | +8.64% | +10.16%Best |
| Volatility (annualized) | 17.3% | 14.9%Best |
| Max Drawdown | -36.8% | -16.9%Best |
| $10,000 over 5 years | $15,134 | $16,223Best |
| Fund Family | The Blackstone Group Inc | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | Bank Loan | Large Cap Value |
| Inception | Mar 26, 2018 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 28, 2021 to Sep 18, 2026 (4.9 years).
BXSL 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 4.9 years both funds cover.
BXSL vs SCHD Performance
Blackstone Secured Lending Fund (BXSL) is an ETF from The Blackstone Group Inc and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year BXSL returned -0.01% while SCHD returned +27.20%. Year to date, BXSL is down 0.30% versus a gain of 23.46% for SCHD.
Over three years, BXSL compounded at +6.73% per year against +15.41% for SCHD; over five years the annualized figures are +8.64% and +10.16% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BXSL has been the more volatile fund, with annualized monthly volatility of 17.3% compared with 14.9% 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 -36.8% for BXSL and -16.9% 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 0.25. They move largely independently of each other.
Fees and Cost Over Time
BXSL charges 11.03% per year while SCHD charges 0.06%. On a $10,000 position that is $1103 vs $6 annually, a gap of $1097 per year that compounds over a long holding period.
Holdings Overlap
We hold position weights for 1 holding in BXSL and 100 in SCHD, totalling 0.0% 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 62 days apart, BXSL as of Jun 30, 2026 and SCHD as of Aug 31, 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 1 positions we hold weights for in BXSL and 100 in SCHD, against full books of 1 and 103.
You are not choosing between two funds in isolation.
Whichever of BXSL 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, BXSL or SCHD?
BXSL has an expense ratio of 11.03% while SCHD charges 0.06%. SCHD is the cheaper option, by $1097 a year on a $10,000 investment.
Which performed better, BXSL or SCHD?
Over the past year BXSL returned -0.01% 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, BXSL or SCHD?
BXSL has been the more volatile fund at 17.3% annualized versus 14.9% for SCHD. Worst drawdown: BXSL -36.8% vs SCHD -16.9%.
Should I hold both BXSL and SCHD?
BXSL and SCHD have a monthly-return correlation of 0.25, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Is SCHD better than BXSL?
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.