EQTY vs SCHD
Kovitz Core Equity ETF vs Schwab US Dividend Equity ETF
Which is better, EQTY or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. EQTY led over 3Y and the full window, SCHD over 1Y. EQTY is less concentrated, with 41.5% 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 | EQTY | SCHD |
|---|---|---|
| Expense Ratio | 0.99% | 0.06%Best |
| AUM | $1.4B | $112.1B |
| Dividend Yield | 0.02% | 3.00% |
| Holdings | 43 | 103 |
| YTD Return | +8.61% | +23.60%Best |
| 1Y Return | +12.48% | +28.29%Best |
| 3Y Return (annualized) | +17.46%Best | +16.25% |
| 5Y Return (annualized) | - | +10.25% |
| Volatility (annualized) | 13.0%Best | 13.2% |
| Max Drawdown | -17.3% | -16.1%Best |
| $10,000 over 3.8 years | $18,124Best | $14,974 |
| Top 10 Weight | 41.5%Best | 41.8% |
| Fund Family | Kovitz Investment Group | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Dec 28, 2011 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Dec 12, 2022 to Sep 21, 2026 (3.8 years).
EQTY 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 3.8 years both funds cover.
EQTY vs SCHD Performance
Kovitz Core Equity ETF (EQTY) is an ETF from Kovitz Investment Group and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year EQTY returned +12.48% while SCHD returned +28.29%. Year to date, EQTY is up 8.61% versus a gain of 23.60% for SCHD.
Over three years, EQTY compounded at +17.46% per year against +16.25% for SCHD. Across the full 4-year window we track, EQTY has the edge at +16.94% annualized vs +11.21%.
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 13.0% for EQTY. 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 -17.3% for EQTY 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 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EQTY charges 0.99% per year while SCHD charges 0.06%. On a $10,000 position that is $99 vs $6 annually, a gap of $93 per year that compounds over a long holding period. On income, EQTY currently yields 0.02% against 3.00% for SCHD.
Holdings Overlap
2.1% of EQTY's money is in holdings SCHD also owns. 4.5% of SCHD's money is in holdings EQTY also owns.
SCHD and EQTY share little of their money.
2 positions in common, counted across the 38 positions we hold weights for in EQTY and 100 in SCHD, against full books of 43 and 103.
What only one of them owns
Our book lists 97 positions for SCHD that do not appear in our book for EQTY (95.5% of the fund), and 36 for EQTY that do not appear in SCHD (94.2%).
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 EQTY 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, EQTY or SCHD?
EQTY has an expense ratio of 0.99% while SCHD charges 0.06%. SCHD is the cheaper option, by $93 a year on a $10,000 investment.
Which performed better, EQTY or SCHD?
Over the past year EQTY returned +12.48% vs +28.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), EQTY annualized +16.94% vs +11.21% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EQTY or SCHD?
SCHD has been the more volatile fund at 13.2% annualized versus 13.0% for EQTY. Worst drawdown: EQTY -17.3% vs SCHD -16.1%.
Should I hold both EQTY and SCHD?
EQTY and SCHD have a monthly-return correlation of 0.66, 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 EQTY and SCHD?
4.5% of SCHD's money is in holdings EQTY also owns. 4.5% of SCHD's is in holdings EQTY also owns. They hold 2 positions in common, counted across the 38 positions we hold weights for in EQTY and 100 in SCHD.
Which pays a higher dividend, EQTY or SCHD?
EQTY yields 0.02% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than EQTY?
SCHD has a lower expense ratio. EQTY led over 3Y and the full window, SCHD over 1Y. EQTY is less concentrated, with 41.5% 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.