INFL vs SCHD
Horizon Kinetics Inflation Beneficiaries ETF vs Schwab US Dividend Equity ETF
Which is better, INFL or SCHD?
Mid Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. INFL led over 3Y, 5Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 48.4%.
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 | INFL | SCHD |
|---|---|---|
| Expense Ratio | 0.85% | 0.06%Best |
| AUM | $1.6B | $112.1B |
| Dividend Yield | 0.75% | 3.00% |
| Holdings | 53 | 103 |
| YTD Return | +18.98% | +23.68%Best |
| 1Y Return | +21.75% | +28.36%Best |
| 3Y Return (annualized) | +21.48%Best | +16.20% |
| 5Y Return (annualized) | +14.05%Best | +10.07% |
| Volatility (annualized) | 17.2% | 14.8%Best |
| Max Drawdown | -21.3% | -16.9%Best |
| $10,000 over 5 years | $19,296Best | $16,156 |
| Top 10 Weight | 48.4% | 41.8%Best |
| Fund Family | Horizon Kinetics LLC | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Value |
| Inception | Jan 11, 2021 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Jan 12, 2021 to Sep 22, 2026 (5.7 years).
INFL 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 5.7 years both funds cover.
INFL vs SCHD Performance
Horizon Kinetics Inflation Beneficiaries ETF (INFL) is an ETF from Horizon Kinetics LLC and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year INFL returned +21.75% while SCHD returned +28.36%. Year to date, INFL is up 18.98% versus a gain of 23.68% for SCHD.
Over three years, INFL compounded at +21.48% per year against +16.20% for SCHD; over five years the annualized figures are +14.05% and +10.07% respectively. Across the full 6-year window we track, INFL has the edge at +15.53% annualized vs +11.34%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
INFL has been the more volatile fund, with annualized monthly volatility of 17.2% compared with 14.8% 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 -21.3% for INFL 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
INFL charges 0.85% per year while SCHD charges 0.06%. On a $10,000 position that is $85 vs $6 annually, a gap of $79 per year that compounds over a long holding period. On income, INFL currently yields 0.75% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 47 holdings in INFL and 100 in SCHD, totalling 97.0% 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 47 positions we hold weights for in INFL and 100 in SCHD, against full books of 53 and 103.
What only one of them owns
Our book lists 99 positions for SCHD that do not appear in our book for INFL (99.9% of the fund), and 24 for INFL that do not appear in SCHD (51.9%).
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 INFL 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, INFL or SCHD?
INFL has an expense ratio of 0.85% while SCHD charges 0.06%. SCHD is the cheaper option, by $79 a year on a $10,000 investment.
Which performed better, INFL or SCHD?
Over the past year INFL returned +21.75% vs +28.36% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), INFL annualized +15.53% vs +11.34% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, INFL or SCHD?
INFL has been the more volatile fund at 17.2% annualized versus 14.8% for SCHD. Worst drawdown: INFL -21.3% vs SCHD -16.9%.
Should I hold both INFL and SCHD?
INFL and SCHD have a monthly-return correlation of 0.84, 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, INFL or SCHD?
INFL yields 0.75% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than INFL?
SCHD has a lower expense ratio. INFL led over 3Y, 5Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 48.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.