GSEW vs SCHD
Goldman Sachs Equal Weight US Large Cap Equity ETF vs Schwab US Dividend Equity ETF
Which is better, GSEW or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. GSEW led over 3Y and the full window, SCHD over 1Y and 5Y.
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 | GSEW | SCHD |
|---|---|---|
| Expense Ratio | 0.09% | 0.06%Best |
| AUM | $2.1B | $112.1B |
| Dividend Yield | 1.34% | 3.00% |
| Holdings | 500 | 103 |
| YTD Return | +11.61% | +25.07%Best |
| 1Y Return | +12.69% | +27.61%Best |
| 3Y Return (annualized) | +16.90%Best | +15.74% |
| 5Y Return (annualized) | +8.24% | +9.89%Best |
| Volatility (annualized) | 17.1% | 16.0%Best |
| Max Drawdown | -38.6% | -33.4%Best |
| $10,000 over 5 years | $14,857 | $16,025Best |
| Fund Family | Goldman Sachs Asset Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Sep 12, 2017 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 14, 2017 to Sep 11, 2026 (9 years).
GSEW 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 9 years both funds cover.
GSEW vs SCHD Performance
Goldman Sachs Equal Weight US Large Cap Equity ETF (GSEW) 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 GSEW returned +12.69% while SCHD returned +27.61%. Year to date, GSEW is up 11.61% versus a gain of 25.07% for SCHD.
Over three years, GSEW compounded at +16.90% per year against +15.74% for SCHD; over five years the annualized figures are +8.24% and +9.89% respectively. Across the full 9-year window we track, GSEW has the edge at +11.65% annualized vs +11.47%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GSEW has been the more volatile fund, with annualized monthly volatility of 17.1% compared with 16.0% 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 -38.6% for GSEW 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
GSEW 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, GSEW currently yields 1.34% against 3.00% for SCHD.
Holdings Overlap
At least 72.2% of SCHD's money is in holdings GSEW also owns.
Stated as a floor: for GSEW, our book for it covers 82.5% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of SCHD is already inside GSEW. Owning both mostly buys the same companies twice.
32 positions in common, counted across the 412 positions we hold weights for in GSEW and 100 in SCHD, against full books of 500 and 103.
Top Shared Holdings
| Stock | Weight in GSEW | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Co. Inc. | 0.21% | 4.77% | 4.56% |
| ABTAbbott Laboratories | 0.21% | 4.69% | 4.48% |
| KOCoca Cola Co. | 0.20% | 4.17% | 3.97% |
| CVXChevron Corp. | 0.21% | 4.02% | 3.81% |
| VZVerizon Communications, Inc. | 0.21% | 3.97% | 3.76% |
| COPConocophillips Co | 0.21% | 3.94% | 3.73% |
| HDHome Depot Inc/The | 0.19% | 3.88% | 3.69% |
| PGProcter & Gamble Company | 0.19% | 3.83% | 3.64% |
| UNHUnitedhealth Group Inc. | 0.19% | 3.82% | 3.63% |
| BMYBristol-Myers Squibb Co. | 0.20% | 3.33% | 3.13% |
72.2% of SCHD is already inside GSEW.
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, GSEW or SCHD?
GSEW 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, GSEW or SCHD?
Over the past year GSEW returned +12.69% vs +27.61% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), GSEW annualized +11.65% vs +11.47% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GSEW or SCHD?
GSEW has been the more volatile fund at 17.1% annualized versus 16.0% for SCHD. Worst drawdown: GSEW -38.6% vs SCHD -33.4%.
Should I hold both GSEW and SCHD?
GSEW 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 GSEW and SCHD?
At least 72.2% of SCHD's money is in holdings GSEW also owns. Our book for GSEW is partial, so the real figure is this or higher. They hold 32 positions in common, counted across the 412 positions we hold weights for in GSEW and 100 in SCHD.
Which pays a higher dividend, GSEW or SCHD?
GSEW yields 1.34% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than GSEW?
SCHD has a lower expense ratio. GSEW led over 3Y and the full window, SCHD over 1Y and 5Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.