EUSA vs SCHD
iShares MSCI USA Equal Weighted ETF vs Schwab US Dividend Equity ETF
Which is better, EUSA or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. EUSA is less concentrated, with 2.3% 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 | EUSA | SCHD |
|---|---|---|
| Expense Ratio | 0.09% | 0.06%Best |
| AUM | $1.9B | $112.1B |
| Dividend Yield | 1.42% | 3.00% |
| Holdings | 534 | 103 |
| YTD Return | +9.76% | +23.46%Best |
| 1Y Return | +11.56% | +27.20%Best |
| 3Y Return (annualized) | +15.27% | +15.41%Best |
| 5Y Return (annualized) | +7.75% | +10.16%Best |
| Volatility (annualized) | 15.3% | 13.7%Best |
| Max Drawdown | -39.2% | -33.4%Best |
| $10,000 over 5 years | $14,524 | $16,223Best |
| Top 10 Weight | 2.3%Best | 41.8% |
| Fund Family | iShares by BlackRock (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 5, 2010 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 18, 2026 (14.9 years).
EUSA 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 14.9 years both funds cover.
EUSA vs SCHD Performance
iShares MSCI USA Equal Weighted ETF (EUSA) is an ETF from iShares by BlackRock (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year EUSA returned +11.56% while SCHD returned +27.20%. Year to date, EUSA is up 9.76% versus a gain of 23.46% for SCHD.
Over three years, EUSA compounded at +15.27% per year against +15.41% for SCHD; over five years the annualized figures are +7.75% and +10.16% respectively. Across the full 15-year window we track, SCHD has the edge at +11.25% annualized vs +11.04%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EUSA has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 13.7% 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 -39.2% for EUSA and -33.4% 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EUSA charges 0.09% per year while SCHD charges 0.06%. On a $10,000 position that is $9 vs $6 annually, a gap of $3 per year that compounds over a long holding period. On income, EUSA currently yields 1.42% against 3.00% for SCHD.
Holdings Overlap
8.8% of EUSA's money is in holdings SCHD also owns. 94.6% of SCHD's money is in holdings EUSA also owns.
Most of SCHD is already inside EUSA. Owning both mostly buys the same companies twice.
45 positions in common, counted across the 495 positions we hold weights for in EUSA and 100 in SCHD, against full books of 534 and 103.
What only one of them owns
Our book lists 54 positions for SCHD that do not appear in our book for EUSA (5.3% of the fund), and 436 for EUSA that do not appear in SCHD (84.5%).
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 EUSA | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Company Inc | 0.19% | 4.77% | 4.58% |
| AMGNAmgen Inc. | 0.19% | 4.70% | 4.51% |
| ABTAbbott Laboratories | 0.19% | 4.69% | 4.50% |
| KOCoca Cola Co. | 0.19% | 4.17% | 3.98% |
| CVXChevron Corp | 0.20% | 4.02% | 3.82% |
| VZVerizon Communic | 0.20% | 3.97% | 3.77% |
| COPConocophillips Common Stock USD 0.01 | 0.20% | 3.94% | 3.74% |
| HDHome Depot Inc/The | 0.19% | 3.88% | 3.69% |
| PGProcter & Gamble Company | 0.20% | 3.83% | 3.63% |
| UNHUnitedhealth Group Incorporated | 0.20% | 3.82% | 3.62% |
94.6% of SCHD is already inside EUSA.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EUSA or SCHD?
EUSA has an expense ratio of 0.09% while SCHD charges 0.06%. SCHD is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, EUSA or SCHD?
Over the past year EUSA returned +11.56% vs +27.20% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), EUSA annualized +11.04% vs +11.25% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EUSA or SCHD?
EUSA has been the more volatile fund at 15.3% annualized versus 13.7% for SCHD. Worst drawdown: EUSA -39.2% vs SCHD -33.4%.
Should I hold both EUSA and SCHD?
EUSA and SCHD have a monthly-return correlation of 0.89, 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 EUSA and SCHD?
94.6% of SCHD's money is in holdings EUSA also owns. 94.6% of SCHD's is in holdings EUSA also owns. They hold 45 positions in common, counted across the 495 positions we hold weights for in EUSA and 100 in SCHD.
Which pays a higher dividend, EUSA or SCHD?
EUSA yields 1.42% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than EUSA?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. EUSA is less concentrated, with 2.3% 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.