GDOC vs SCHD

GDOC vs SCHD

Which is better, GDOC or SCHD?

Mid Cap Growth against Large Cap Value.

SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 57.3%.

Lower Fees: SCHDHigher Returns: SCHDLess Concentrated: SCHD

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

MetricGDOCSCHD
Expense Ratio0.75%0.06%Best
AUM$20M$112.1B
Dividend Yield0.30%3.00%
Holdings45103
YTD Return+5.06%+23.60%Best
1Y Return+15.05%+28.29%Best
3Y Return (annualized)+7.47%+16.25%Best
5Y Return (annualized)-+10.25%
Volatility (annualized)17.6%15.0%Best
Max Drawdown-31.0%-16.9%Best
$10,000 over 4.9 years$9,643$15,254Best
Top 10 Weight57.3%41.8%Best
Fund FamilyGoldman Sachs Asset ManagementCharles Schwab Asset Management
CategoryEquityEquity
StyleMid Cap GrowthLarge Cap Value
InceptionNov 9, 2021Oct 20, 2011

Volatility and max drawdown, and the $10,000 over 4.9 years row, are measured over the window both funds cover: Nov 11, 2021 to Sep 21, 2026 (4.9 years).

GDOC 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 4.9 years both funds cover.

GDOC vs SCHD Performance

Goldman Sachs Future Health Care Equity ETF (GDOC) is an ETF from Goldman Sachs Asset Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year GDOC returned +15.05% while SCHD returned +28.29%. Year to date, GDOC is up 5.06% versus a gain of 23.60% for SCHD.

Over three years, GDOC compounded at +7.47% per year against +16.25% for SCHD.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

GDOC has been the more volatile fund, with annualized monthly volatility of 17.6% 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 -31.0% for GDOC 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 0.55. They move together some of the time, and apart the rest.

Fees and Cost Over Time

GDOC charges 0.75% per year while SCHD charges 0.06%. On a $10,000 position that is $75 vs $6 annually, a gap of $69 per year that compounds over a long holding period. On income, GDOC currently yields 0.30% against 3.00% for SCHD.

Holdings Overlap

GDOC already in SCHD13.4%
SCHD already in GDOC8.6%

13.4% of GDOC's money is in holdings SCHD also owns. 8.6% of SCHD's money is in holdings GDOC also owns.

GDOC and SCHD share little of their money.

2 positions in common, counted across the 40 positions we hold weights for in GDOC and 100 in SCHD, against full books of 45 and 103.

What only one of them owns

Our book lists 97 positions for SCHD that do not appear in our book for GDOC (91.3% of the fund), and 26 for GDOC that do not appear in SCHD (66.8%).

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

StockWeight in GDOCWeight in SCHDDifference
MRKMerck & Company Inc7.53%4.77%2.76%
UNHUnitedhealth Group Incorporated5.88%3.82%2.06%

You are not choosing between two funds in isolation.

Whichever of GDOC and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

GDOCSCHD

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, GDOC or SCHD?

GDOC has an expense ratio of 0.75% while SCHD charges 0.06%. SCHD is the cheaper option, by $69 a year on a $10,000 investment.

Which performed better, GDOC or SCHD?

Over the past year GDOC returned +15.05% vs +28.29% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, GDOC or SCHD?

GDOC has been the more volatile fund at 17.6% annualized versus 15.0% for SCHD. Worst drawdown: GDOC -31.0% vs SCHD -16.9%.

Should I hold both GDOC and SCHD?

GDOC and SCHD have a monthly-return correlation of 0.55, 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 GDOC and SCHD?

13.4% of GDOC's money is in holdings SCHD also owns. 8.6% of SCHD's is in holdings GDOC also owns. They hold 2 positions in common, counted across the 40 positions we hold weights for in GDOC and 100 in SCHD.

Which pays a higher dividend, GDOC or SCHD?

GDOC yields 0.30% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.

Is SCHD better than GDOC?

SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 57.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.