ELCV vs SCHD
Eventide High Dividend ETF vs Schwab US Dividend Equity ETF
Which is better, ELCV or SCHD?
SCHD has been ahead.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. ELCV is less concentrated, with 39.0% of the fund in its ten largest positions against 41.5%.
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 | ELCV | SCHD |
|---|---|---|
| Expense Ratio | 0.49% | 0.06%Best |
| AUM | $271M | $112.2B |
| Dividend Yield | 2.15% | 3.13% |
| Holdings | 46 | 103 |
| YTD Return | +19.41% | +28.59%Best |
| 1Y Return | +25.01% | +31.77%Best |
| 3Y Return (annualized) | - | +16.70% |
| 5Y Return (annualized) | - | +10.09% |
| Volatility (annualized) | 13.5%Best | 13.8% |
| Max Drawdown | -18.4% | -16.1%Best |
| $10,000 over 1.9 years | $13,039 | $13,238Best |
| Top 10 Weight | 39.0%Best | 41.5% |
| Fund Family | Eventide | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Sep 30, 2024 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Oct 1, 2024 to Sep 3, 2026 (1.9 years).
ELCV 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 1.9 years both funds cover.
ELCV vs SCHD Performance
Eventide High Dividend ETF (ELCV) is an ETF from Eventide and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year ELCV returned +25.01% while SCHD returned +31.77%. Year to date, ELCV is up 19.41% versus a gain of 28.59% 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 13.8% compared with 13.5% for ELCV. 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 -18.4% for ELCV 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 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ELCV charges 0.49% per year while SCHD charges 0.06%. On a $10,000 position that is $49 vs $6 annually, a gap of $43 per year that compounds over a long holding period. On income, ELCV currently yields 2.15% against 3.13% for SCHD.
Holdings Overlap
19.4% of ELCV's money is in holdings SCHD also owns. 19.9% of SCHD's money is in holdings ELCV also owns.
SCHD and ELCV share little of their money.
8 positions in common, counted across the 46 positions we hold weights for in ELCV and 100 in SCHD, against full books of 46 and 103.
What only one of them owns
Our book lists 91 positions for SCHD that do not appear in our book for ELCV (80.0% of the fund), and 34 for ELCV that do not appear in SCHD (69.7%).
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.
Top Shared Holdings
| Stock | Weight in ELCV | Weight in SCHD | Difference |
|---|---|---|---|
| AMGNAmgen Inc. | 4.41% | 4.62% | 0.21% |
| HDHome Depot Inc/The | 2.99% | 4.32% | 1.33% |
| COPConocophillips Common Stock USD 0.01 | 2.17% | 3.59% | 1.42% |
| FITBFifth Third Bancorp | 3.43% | 1.30% | 2.13% |
| RFEurazeo | 2.76% | 0.67% | 2.09% |
| QCOMQualcomm Inc. | 0.84% | 2.55% | 1.71% |
| FASTFastenal Co. | 1.70% | 1.49% | 0.21% |
| OKEOneok Inc. | 1.06% | 1.36% | 0.30% |
You are not choosing between two funds in isolation.
Whichever of ELCV 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, ELCV or SCHD?
ELCV has an expense ratio of 0.49% while SCHD charges 0.06%. SCHD is the cheaper option, by $43 a year on a $10,000 investment.
Which performed better, ELCV or SCHD?
Over the past year ELCV returned +25.01% vs +31.77% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), ELCV annualized +14.99% vs +15.91% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ELCV or SCHD?
SCHD has been the more volatile fund at 13.8% annualized versus 13.5% for ELCV. Worst drawdown: ELCV -18.4% vs SCHD -16.1%.
Should I hold both ELCV and SCHD?
ELCV and SCHD have a monthly-return correlation of 0.61, 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 ELCV and SCHD?
19.9% of SCHD's money is in holdings ELCV also owns. 19.9% of SCHD's is in holdings ELCV also owns. They hold 8 positions in common, counted across the 46 positions we hold weights for in ELCV and 100 in SCHD.
Which pays a higher dividend, ELCV or SCHD?
ELCV yields 2.15% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than ELCV?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. ELCV is less concentrated, with 39.0% of the fund in its ten largest positions against 41.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.