ESIX vs SCHD
State Street SPDR S&P SmallCap 600 ESG ETF vs Schwab US Dividend Equity ETF
Which is better, ESIX or SCHD?
Small Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. ESIX led over 1Y, SCHD over the full window. ESIX is less concentrated, with 8.3% 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 | ESIX | SCHD |
|---|---|---|
| Expense Ratio | 0.12% | 0.06%Best |
| AUM | $8M | $112.1B |
| Dividend Yield | 1.44% | 3.00% |
| Holdings | 435 | 103 |
| Volatility (annualized) | 20.6% | 15.0%Best |
| Max Drawdown | -28.1% | -16.9%Best |
| $10,000 over 4.3 years | $12,314 | $13,544Best |
| Top 10 Weight | 8.3%Best | 41.8% |
| Fund Family | State Street Investment Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Value |
| Inception | Jan 10, 2022 | Oct 20, 2011 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 133 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. ESIX has data through May 12, 2026 and SCHD through Sep 22, 2026.
Volatility and max drawdown, and the $10,000 over 4.3 years row, are measured over the window both funds cover: Jan 11, 2022 to May 12, 2026 (4.3 years).
Risk: Volatility and Drawdowns
ESIX has been the more volatile fund, with annualized monthly volatility of 20.6% compared with 15.0% 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 -28.1% for ESIX 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ESIX charges 0.12% per year while SCHD charges 0.06%. On a $10,000 position that is $12 vs $6 annually, a gap of $6 per year that compounds over a long holding period. On income, ESIX currently yields 1.44% against 3.00% for SCHD.
Holdings Overlap
2.2% of ESIX's money is in holdings SCHD also owns. 0.7% of SCHD's money is in holdings ESIX also owns.
ESIX and SCHD share little of their money.
The two holdings books were reported 213 days apart, ESIX as of Jan 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.
12 positions in common, counted across the 380 positions we hold weights for in ESIX and 100 in SCHD, against full books of 435 and 103.
What only one of them owns
Our book lists 88 positions for SCHD that do not appear in our book for ESIX (99.3% of the fund), and 359 for ESIX that do not appear in SCHD (94.9%).
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 ESIX | Weight in SCHD | Difference |
|---|---|---|---|
| KFYKorn Ferry | 0.37% | 0.11% | 0.26% |
| RHIRobert Half International Inc. | 0.33% | 0.11% | 0.22% |
| APAMArtisan Partners Asset Management, Inc. | 0.31% | 0.07% | 0.24% |
| BANRBanner Corp_None_0 | 0.21% | 0.06% | 0.15% |
| CHCOCity Holding Co Common Stock Usd2.5 | 0.18% | 0.05% | 0.13% |
| OFG:PROfg Bancorp Common Stock | 0.17% | 0.05% | 0.12% |
| STBAS&T Bancorp Inc | 0.17% | 0.04% | 0.13% |
| NBHCNational Bank Holdings Corp Class A | 0.15% | 0.05% | 0.10% |
| CPFCentral Pacific Financial Corp | 0.09% | 0.02% | 0.07% |
| HAFCHanmi Financial Corp Common Stock USD 0.001 | 0.08% | 0.02% | 0.06% |
You are not choosing between two funds in isolation.
Whichever of ESIX 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, ESIX or SCHD?
ESIX has an expense ratio of 0.12% while SCHD charges 0.06%. SCHD is the cheaper option, by $6 a year on a $10,000 investment.
Which is riskier, ESIX or SCHD?
ESIX has been the more volatile fund at 20.6% annualized versus 15.0% for SCHD. Worst drawdown: ESIX -28.1% vs SCHD -16.9%.
Should I hold both ESIX and SCHD?
ESIX and SCHD have a monthly-return correlation of 0.83, 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 ESIX and SCHD?
2.2% of ESIX's money is in holdings SCHD also owns. 0.7% of SCHD's is in holdings ESIX also owns. They hold 12 positions in common, counted across the 380 positions we hold weights for in ESIX and 100 in SCHD.
Which pays a higher dividend, ESIX or SCHD?
ESIX yields 1.44% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than ESIX?
SCHD has a lower expense ratio. ESIX led over 1Y, SCHD over the full window. ESIX is less concentrated, with 8.3% 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.