EFAA vs SCHD
Invesco MSCI EAFE Income Advantage ETF vs Schwab US Dividend Equity ETF
Which is better, EFAA or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y 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 | EFAA | SCHD |
|---|---|---|
| Expense Ratio | 0.39% | 0.06%Best |
| AUM | $652M | $112.2B |
| Dividend Yield | 8.11% | 3.13% |
| Holdings | 708 | 103 |
| YTD Return | +11.03% | +27.56%Best |
| 1Y Return | +18.85% | +30.29%Best |
| 3Y Return (annualized) | - | +16.37% |
| 5Y Return (annualized) | - | +10.23% |
| Volatility (annualized) | 8.2%Best | 13.0% |
| Max Drawdown | -12.0%Best | -16.1% |
| $10,000 over 2.1 years | $13,534 | $13,578Best |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jul 17, 2024 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Jul 17, 2024 to Sep 4, 2026 (2.1 years).
EFAA 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 2.1 years both funds cover.
EFAA vs SCHD Performance
Invesco MSCI EAFE Income Advantage ETF (EFAA) is an ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year EFAA returned +18.85% while SCHD returned +30.29%. Year to date, EFAA is up 11.03% versus a gain of 27.56% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.0% compared with 8.2% for EFAA. 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 -12.0% for EFAA 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 0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EFAA charges 0.39% per year while SCHD charges 0.06%. On a $10,000 position that is $39 vs $6 annually, a gap of $33 per year that compounds over a long holding period. On income, EFAA currently yields 8.11% against 3.13% for SCHD.
Holdings Overlap
At least 4.3% of SCHD's money is in holdings EFAA also owns.
Stated as a floor: for EFAA, our book for it covers 93.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SCHD and EFAA share little of their money.
1 positions in common, counted across the 632 positions we hold weights for in EFAA and 100 in SCHD, against full books of 708 and 103.
Top Shared Holdings
| Stock | Weight in EFAA | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Co. Inc. | 0.08% | 4.26% | 4.18% |
You are not choosing between two funds in isolation.
Whichever of EFAA 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, EFAA or SCHD?
EFAA has an expense ratio of 0.39% while SCHD charges 0.06%. SCHD is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, EFAA or SCHD?
Over the past year EFAA returned +18.85% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), EFAA annualized +15.50% vs +15.68% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EFAA or SCHD?
SCHD has been the more volatile fund at 13.0% annualized versus 8.2% for EFAA. Worst drawdown: EFAA -12.0% vs SCHD -16.1%.
Should I hold both EFAA and SCHD?
EFAA and SCHD have a monthly-return correlation of 0.45, 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 EFAA and SCHD?
At least 4.3% of SCHD's money is in holdings EFAA also owns. Our book for EFAA is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 632 positions we hold weights for in EFAA and 100 in SCHD.
Which pays a higher dividend, EFAA or SCHD?
EFAA yields 8.11% while SCHD yields 3.13%, so EFAA currently pays the higher dividend yield.
Is SCHD better than EFAA?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.