LBO vs SCHD
WHITEWOLF Publicly Listed Private Equity ETF vs Schwab US Dividend Equity ETF
Which is better, LBO or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 69.3%.
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 | LBO | SCHD |
|---|---|---|
| Expense Ratio | 6.53% | 0.06%Best |
| AUM | $8M | $112.2B |
| Dividend Yield | 6.38% | 3.13% |
| Holdings | 40 | 103 |
| YTD Return | -7.49% | +27.56%Best |
| 1Y Return | -12.64% | +30.29%Best |
| 3Y Return (annualized) | - | +16.37% |
| 5Y Return (annualized) | - | +10.23% |
| Volatility (annualized) | 18.4% | 12.8%Best |
| Max Drawdown | -32.9% | -16.1%Best |
| $10,000 over 2.8 years | $10,695 | $16,073Best |
| Top 10 Weight | 69.3% | 41.5%Best |
| Fund Family | White Wolf Capital Advisors | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Nov 30, 2023 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Nov 30, 2023 to Sep 4, 2026 (2.8 years).
LBO 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 2.8 years both funds cover.
LBO vs SCHD Performance
WHITEWOLF Publicly Listed Private Equity ETF (LBO) is an ETF from White Wolf Capital Advisors and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year LBO returned -12.64% while SCHD returned +30.29%. Year to date, LBO is down 7.49% versus a gain of 27.56% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LBO has been the more volatile fund, with annualized monthly volatility of 18.4% compared with 12.8% 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 -32.9% for LBO and -16.1% 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 0.25. They move largely independently of each other.
Fees and Cost Over Time
LBO charges 6.53% per year while SCHD charges 0.06%. On a $10,000 position that is $653 vs $6 annually, a gap of $647 per year that compounds over a long holding period. On income, LBO currently yields 6.38% against 3.13% for SCHD.
Holdings Overlap
12.4% of LBO's money is in holdings SCHD also owns. 3.3% of SCHD's money is in holdings LBO also owns.
LBO and SCHD share little of their money.
2 positions in common, counted across the 38 positions we hold weights for in LBO and 100 in SCHD, against full books of 40 and 103.
What only one of them owns
Our book lists 97 positions for SCHD that do not appear in our book for LBO (96.6% of the fund), and 34 for LBO that do not appear in SCHD (80.4%).
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 LBO 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, LBO or SCHD?
LBO has an expense ratio of 6.53% while SCHD charges 0.06%. SCHD is the cheaper option, by $647 a year on a $10,000 investment.
Which performed better, LBO or SCHD?
Over the past year LBO returned -12.64% vs +30.29% 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, LBO or SCHD?
LBO has been the more volatile fund at 18.4% annualized versus 12.8% for SCHD. Worst drawdown: LBO -32.9% vs SCHD -16.1%.
Should I hold both LBO and SCHD?
LBO and SCHD have a monthly-return correlation of 0.25, 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 LBO and SCHD?
12.4% of LBO's money is in holdings SCHD also owns. 3.3% of SCHD's is in holdings LBO also owns. They hold 2 positions in common, counted across the 38 positions we hold weights for in LBO and 100 in SCHD.
Which pays a higher dividend, LBO or SCHD?
LBO yields 6.38% while SCHD yields 3.13%, so LBO currently pays the higher dividend yield.
Is SCHD better than LBO?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 69.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.