JUST vs SCHD
Goldman Sachs JUST US Large Cap Equity ETF vs Schwab US Dividend Equity ETF
Which is better, JUST or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. JUST led over 3Y, 5Y and the full window, SCHD over 1Y. JUST is less concentrated, with 40.6% 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 | JUST | SCHD |
|---|---|---|
| Expense Ratio | 0.20% | 0.06%Best |
| AUM | $570M | $112.1B |
| Dividend Yield | 0.93% | 3.00% |
| Holdings | 463 | 103 |
| YTD Return | +13.50% | +23.46%Best |
| 1Y Return | +17.87% | +27.20%Best |
| 3Y Return (annualized) | +21.16%Best | +15.41% |
| 5Y Return (annualized) | +12.87%Best | +10.16% |
| Volatility (annualized) | 16.7% | 16.4%Best |
| Max Drawdown | -33.8% | -33.4%Best |
| $10,000 over 5 years | $18,319Best | $16,223 |
| Top 10 Weight | 40.6%Best | 41.8% |
| Fund Family | Goldman Sachs Asset Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jun 7, 2018 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Jun 13, 2018 to Sep 18, 2026 (8.3 years).
JUST 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 8.3 years both funds cover.
JUST vs SCHD Performance
Goldman Sachs JUST US Large Cap Equity ETF (JUST) 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 JUST returned +17.87% while SCHD returned +27.20%. Year to date, JUST is up 13.50% versus a gain of 23.46% for SCHD.
Over three years, JUST compounded at +21.16% per year against +15.41% for SCHD; over five years the annualized figures are +12.87% and +10.16% respectively. Across the full 8-year window we track, JUST has the edge at +13.74% annualized vs +11.25%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JUST has been the more volatile fund, with annualized monthly volatility of 16.7% compared with 16.4% 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 -33.8% for JUST and -33.4% 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JUST charges 0.20% per year while SCHD charges 0.06%. On a $10,000 position that is $20 vs $6 annually, a gap of $14 per year that compounds over a long holding period. On income, JUST currently yields 0.93% against 3.00% for SCHD.
Holdings Overlap
8.2% of JUST's money is in holdings SCHD also owns. 78.7% of SCHD's money is in holdings JUST also owns.
Most of SCHD is already inside JUST. Owning both mostly buys the same companies twice.
39 positions in common, counted across the 461 positions we hold weights for in JUST and 100 in SCHD, against full books of 463 and 103.
What only one of them owns
Our book lists 60 positions for SCHD that do not appear in our book for JUST (21.3% of the fund), and 413 for JUST that do not appear in SCHD (91.7%).
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 JUST | Weight in SCHD | Difference |
|---|---|---|---|
| MRKMerck & Company Inc | 0.59% | 4.77% | 4.18% |
| AMGNAmgen Inc. | 0.37% | 4.70% | 4.33% |
| ABTAbbott Laboratories | 0.31% | 4.69% | 4.38% |
| KOCoca Cola Co. | 0.68% | 4.17% | 3.49% |
| HDHome Depot Inc/The | 0.65% | 3.88% | 3.23% |
| PGProcter & Gamble Company | 0.67% | 3.83% | 3.16% |
| UNHUnitedhealth Group Incorporated | 0.57% | 3.82% | 3.25% |
| VZVerizon Communic | 0.41% | 3.97% | 3.56% |
| COPConocophillips Common Stock USD 0.01 | 0.34% | 3.94% | 3.60% |
| PEPPepsico Inc. | 0.38% | 3.64% | 3.26% |
78.7% of SCHD is already inside JUST.
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, JUST or SCHD?
JUST has an expense ratio of 0.20% while SCHD charges 0.06%. SCHD is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, JUST or SCHD?
Over the past year JUST returned +17.87% vs +27.20% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (8 years), JUST annualized +13.74% vs +11.25% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JUST or SCHD?
JUST has been the more volatile fund at 16.7% annualized versus 16.4% for SCHD. Worst drawdown: JUST -33.8% vs SCHD -33.4%.
Should I hold both JUST and SCHD?
JUST and SCHD have a monthly-return correlation of 0.83, 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 JUST and SCHD?
78.7% of SCHD's money is in holdings JUST also owns. 78.7% of SCHD's is in holdings JUST also owns. They hold 39 positions in common, counted across the 461 positions we hold weights for in JUST and 100 in SCHD.
Which pays a higher dividend, JUST or SCHD?
JUST yields 0.93% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than JUST?
SCHD has a lower expense ratio. JUST led over 3Y, 5Y and the full window, SCHD over 1Y. JUST is less concentrated, with 40.6% 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.