GSIB vs SCHD
Themes Global Systemically Important Banks ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. GSIB delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | GSIB | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.06% | |
| AUM | $37M | $103.7B | |
| Dividend Yield | 1.68% | 3.31% | |
| Holdings | 63 | 104 | |
| YTD Return | +22.17% | +26.21% | |
| 1Y Return | +42.41% | +29.99% | |
| 3Y Return (annualized) | - | +15.73% | |
| 5Y Return (annualized) | - | +9.67% | |
| Volatility (annualized) | 12.3% | 13.6% | |
| Max Drawdown | -17.7% | -33.4% | |
| Fund Family | Themes ETFs | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Dec 15, 2023 | Oct 20, 2011 |
GSIB vs SCHD Performance
Themes Global Systemically Important Banks ETF (GSIB) is a ETF from Themes ETFs and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year GSIB returned +42.41% while SCHD returned +29.99%. Year to date, GSIB is up 22.17% versus a gain of 26.21% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 12.3% 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 -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.43. They move independently enough that combining them can meaningfully diversify a portfolio.
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 1.68% against 3.31% for SCHD.
Holdings Overlap
GSIB and SCHD share 0 holdings out of 129 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $29 per year of difference.
Which performed better, GSIB or SCHD?
Over the past year GSIB returned +42.41% vs +29.99% for SCHD, so GSIB leads on 1-year performance. Over the longest common window we track (3 years), GSIB annualized +46.78% vs +11.50% for SCHD. Past performance does not guarantee future results.
Which is riskier, GSIB or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 12.3% for GSIB. Worst drawdown: GSIB -17.7% vs SCHD -33.4%.
Should I hold both GSIB and SCHD?
GSIB and SCHD have a monthly-return correlation of 0.43, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GSIB and SCHD?
GSIB and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 129 unique securities.
Which pays a higher dividend, GSIB or SCHD?
GSIB yields 1.68% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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