GSUS vs SCHD
Goldman Sachs MarketBeta US Equity ETF vs Schwab US Dividend Equity ETF
Which is better, GSUS or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. GSUS led over 3Y, 5Y and the full window, SCHD over 1Y. GSUS is less concentrated, with 38.7% 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 | GSUS | SCHD |
|---|---|---|
| Expense Ratio | 0.07% | 0.06%Best |
| AUM | $3.3B | $112.1B |
| Dividend Yield | 0.97% | 3.00% |
| Holdings | 417 | 103 |
| YTD Return | +11.79% | +23.46%Best |
| 1Y Return | +15.30% | +27.20%Best |
| 3Y Return (annualized) | +21.37%Best | +15.41% |
| 5Y Return (annualized) | +12.94%Best | +10.16% |
| Volatility (annualized) | 15.7% | 15.1%Best |
| Max Drawdown | -25.6% | -16.9%Best |
| $10,000 over 5 years | $18,375Best | $16,223 |
| Top 10 Weight | 38.7%Best | 41.8% |
| Fund Family | Goldman Sachs Asset Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | May 12, 2020 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: May 15, 2020 to Sep 18, 2026 (6.3 years).
GSUS 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 6.3 years both funds cover.
GSUS vs SCHD Performance
Goldman Sachs MarketBeta US Equity ETF (GSUS) 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 GSUS returned +15.30% while SCHD returned +27.20%. Year to date, GSUS is up 11.79% versus a gain of 23.46% for SCHD.
Over three years, GSUS compounded at +21.37% per year against +15.41% for SCHD; over five years the annualized figures are +12.94% and +10.16% respectively. Across the full 6-year window we track, GSUS has the edge at +18.28% annualized vs +15.33%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GSUS has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 15.1% 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 -25.6% for GSUS 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GSUS charges 0.07% per year while SCHD charges 0.06%. On a $10,000 position that is $7 vs $6 annually, a gap of $1 per year that compounds over a long holding period. On income, GSUS currently yields 0.97% against 3.00% for SCHD.
Holdings Overlap
8.1% of GSUS's money is in holdings SCHD also owns. 93.2% of SCHD's money is in holdings GSUS also owns.
Most of SCHD is already inside GSUS. Owning both mostly buys the same companies twice.
41 positions in common, counted across the 392 positions we hold weights for in GSUS and 100 in SCHD, against full books of 417 and 103.
What only one of them owns
Our book lists 58 positions for SCHD that do not appear in our book for GSUS (6.7% of the fund), and 342 for GSUS that do not appear in SCHD (90.0%).
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 GSUS | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Company Inc | 0.58% | 4.77% | 4.19% |
| AMGNAmgen Inc. | 0.37% | 4.70% | 4.33% |
| ABTAbbott Laboratories | 0.29% | 4.69% | 4.40% |
| KOCoca Cola Co. | 0.53% | 4.17% | 3.64% |
| CVXChevron Corp | 0.61% | 4.02% | 3.41% |
| UNHUnitedhealth Group Incorporated | 0.56% | 3.82% | 3.26% |
| HDHome Depot Inc/The | 0.49% | 3.88% | 3.39% |
| PGProcter & Gamble Company | 0.53% | 3.83% | 3.30% |
| VZVerizon Communic | 0.32% | 3.97% | 3.65% |
| COPConocophillips Common Stock USD 0.01 | 0.25% | 3.94% | 3.69% |
93.2% of SCHD is already inside GSUS.
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, GSUS or SCHD?
GSUS has an expense ratio of 0.07% while SCHD charges 0.06%. SCHD is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, GSUS or SCHD?
Over the past year GSUS returned +15.30% vs +27.20% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), GSUS annualized +18.28% vs +15.33% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GSUS or SCHD?
GSUS has been the more volatile fund at 15.7% annualized versus 15.1% for SCHD. Worst drawdown: GSUS -25.6% vs SCHD -16.9%.
Should I hold both GSUS and SCHD?
GSUS and SCHD have a monthly-return correlation of 0.72, 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 GSUS and SCHD?
93.2% of SCHD's money is in holdings GSUS also owns. 93.2% of SCHD's is in holdings GSUS also owns. They hold 41 positions in common, counted across the 392 positions we hold weights for in GSUS and 100 in SCHD.
Which pays a higher dividend, GSUS or SCHD?
GSUS yields 0.97% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than GSUS?
SCHD has a lower expense ratio. GSUS led over 3Y, 5Y and the full window, SCHD over 1Y. GSUS is less concentrated, with 38.7% 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.