GUSE vs SCHD
Goldman Sachs Enhanced US Equity ETF vs Schwab US Dividend Equity ETF
Which is better, GUSE or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y. GUSE is less concentrated, with 37.0% 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 | GUSE | SCHD |
|---|---|---|
| Expense Ratio | 0.30% | 0.06%Best |
| AUM | $408M | $119.9B |
| Dividend Yield | 0.64% | 2.96% |
| Holdings | 244 | 204 |
| YTD Return | +12.25% | +33.09%Best |
| 1Y Return | +15.76% | +37.17%Best |
| 3Y Return (annualized) | - | +20.32% |
| 5Y Return (annualized) | - | +10.36% |
| Volatility (annualized) | 12.5%Best | 16.6% |
| Top 10 Weight | 37.0%Best | 41.8% |
| Fund Family | Goldman Sachs Asset Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jan 31, 2008 | Oct 20, 2011 |
Not shown on this pair: Max Drawdown, $10,000 over the window.
GUSE 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
GUSE vs SCHD Performance
Goldman Sachs Enhanced US Equity ETF (GUSE) 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 GUSE returned +15.76% while SCHD returned +37.17%. Year to date, GUSE is up 12.25% versus a gain of 33.09% 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 16.6% compared with 12.5% for GUSE. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.22. They move largely independently of each other.
Fees and Cost Over Time
GUSE charges 0.30% per year while SCHD charges 0.06%. On a $10,000 position that is $30 vs $6 annually, a gap of $24 per year that compounds over a long holding period. On income, GUSE currently yields 0.64% against 2.96% for SCHD.
Holdings Overlap
6.0% of GUSE's money is in holdings SCHD also owns. 23.1% of SCHD's money is in holdings GUSE also owns.
SCHD and GUSE share little of their money.
7 positions in common, counted across the 121 positions we hold weights for in GUSE and 98 in SCHD, against full books of 244 and 204.
What only one of them owns
Our book lists 90 positions for SCHD that do not appear in our book for GUSE (76.7% of the fund), and 110 for GUSE that do not appear in SCHD (90.7%).
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 GUSE | Weight in SCHD | Difference |
|---|---|---|---|
| KOCoca Cola Co. | 1.79% | 4.28% | 2.49% |
| COPConocophillips Common Stock USD 0.01 | 1.33% | 4.27% | 2.94% |
| UNHUnitedhealth Group Incorporated | 0.88% | 4.07% | 3.19% |
| MRKMerck & Company Inc | 0.80% | 4.00% | 3.20% |
| HDHome Depot Inc | 0.53% | 3.82% | 3.29% |
| BXBlackstone Group Inc. Class A | 0.39% | 1.99% | 1.60% |
| ARESAres Management Corp Common Stock | 0.30% | 0.63% | 0.33% |
23.1% of SCHD is already inside GUSE.
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, GUSE or SCHD?
GUSE has an expense ratio of 0.30% while SCHD charges 0.06%. SCHD is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, GUSE or SCHD?
Over the past year GUSE returned +15.76% vs +37.17% 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, GUSE or SCHD?
SCHD has been the more volatile fund at 16.6% annualized versus 12.5% for GUSE.
Should I hold both GUSE and SCHD?
GUSE and SCHD have a monthly-return correlation of 0.22, 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 GUSE and SCHD?
23.1% of SCHD's money is in holdings GUSE also owns. 23.1% of SCHD's is in holdings GUSE also owns. They hold 7 positions in common, counted across the 121 positions we hold weights for in GUSE and 98 in SCHD.
Which pays a higher dividend, GUSE or SCHD?
GUSE yields 0.64% while SCHD yields 2.96%, so SCHD currently pays the higher dividend yield.
Is SCHD better than GUSE?
SCHD has a lower expense ratio. SCHD led over 1Y. GUSE is less concentrated, with 37.0% 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.