GSIB vs SCHD
Themes Global Systemically Important Banks ETF vs Schwab US Dividend Equity ETF
Which is better, GSIB or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. GSIB led over 1Y and the full window. GSIB is less concentrated, with 37.1% 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 | GSIB | SCHD |
|---|---|---|
| Expense Ratio | 0.35% | 0.06%Best |
| AUM | $47M | $112.1B |
| Dividend Yield | 1.54% | 3.00% |
| Holdings | 32 | 103 |
| YTD Return | +19.13% | +21.73%Best |
| 1Y Return | +36.10%Best | +26.35% |
| 3Y Return (annualized) | - | +16.02% |
| 5Y Return (annualized) | - | +9.26% |
| Volatility (annualized) | 12.5%Best | 13.1% |
| Max Drawdown | -17.7% | -16.1%Best |
| $10,000 over 2.8 years | $27,287Best | $14,507 |
| Top 10 Weight | 37.1%Best | 41.8% |
| Fund Family | Themes ETFs | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Dec 15, 2023 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 15, 2023 to Sep 25, 2026 (2.8 years).
GSIB 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 2.8 years both funds cover.
GSIB vs SCHD Performance
Themes Global Systemically Important Banks ETF (GSIB) is an ETF from Themes ETFs and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year GSIB returned +36.10% while SCHD returned +26.35%. Year to date, GSIB is up 19.13% versus a gain of 21.73% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.1% compared with 12.5% for GSIB. 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 -17.7% for GSIB 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 0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GSIB charges 0.35% per year while SCHD charges 0.06%. On a $10,000 position that is $35 vs $6 annually, a gap of $29 per year that compounds over a long holding period. On income, GSIB currently yields 1.54% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 29 holdings in GSIB and 100 in SCHD, totalling 99.6% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 29 positions we hold weights for in GSIB and 100 in SCHD, against full books of 32 and 103.
What only one of them owns
Our book lists 99 positions for SCHD that do not appear in our book for GSIB (99.9% of the fund), and 13 for GSIB that do not appear in SCHD (42.4%).
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 GSIB 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, GSIB or SCHD?
GSIB has an expense ratio of 0.35% while SCHD charges 0.06%. SCHD is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, GSIB or SCHD?
Over the past year GSIB returned +36.10% vs +26.35% for SCHD, so GSIB leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GSIB or SCHD?
SCHD has been the more volatile fund at 13.1% annualized versus 12.5% for GSIB. Worst drawdown: GSIB -17.7% vs SCHD -16.1%.
Should I hold both GSIB and SCHD?
GSIB and SCHD have a monthly-return correlation of 0.45, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, GSIB or SCHD?
GSIB yields 1.54% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than GSIB?
SCHD has a lower expense ratio. GSIB led over 1Y and the full window. GSIB is less concentrated, with 37.1% 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.