LCAP vs SCHD

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricLCAPSCHDWinner
Expense Ratio0.29%0.06%
AUM$1.8B$103.7B
Dividend Yield0.09%3.31%
Holdings58104
YTD Return+14.45%+24.26%
1Y Return+24.60%+31.38%
3Y Return (annualized)-+15.08%
5Y Return (annualized)-+9.72%
Volatility (annualized)10.8%13.6%
Max Drawdown-11.3%-33.4%
Fund FamilyPrincipal FundsCharles Schwab Asset Management
CategoryEquityEquity
InceptionMar 25, 2025Oct 20, 2011

LCAP vs SCHD Performance

Principal Capital Appreciation Select ETF (LCAP) is a ETF from Principal Funds and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year LCAP returned +24.60% while SCHD returned +31.38%. Year to date, LCAP is up 14.45% versus a gain of 24.26% for SCHD.

Risk: Volatility and Drawdowns

SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 10.8% for LCAP. 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 -11.3% for LCAP and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.30. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

LCAP charges 0.29% per year while SCHD charges 0.06%. On a $10,000 position that is $29 vs $6 annually, a gap of $23 per year that compounds over a long holding period. On income, LCAP currently yields 0.09% against 3.31% for SCHD.

Holdings Overlap

3.6%overlap

LCAP and SCHD share 4 holdings out of 150 unique holdings combined, representing a 3.6% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in LCAPWeight in SCHDDifference
KO2.09%4.08%1.99%
UNH1.37%4.54%3.17%
GVMXX2.77%0.04%2.73%
NXSTProProPro
See all 4 holdings LCAP shares with SCHD
Exact weights in each fund and the difference, for every overlapping position.
Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime.

Frequently Asked Questions

Which is cheaper, LCAP or SCHD?

LCAP has an expense ratio of 0.29% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $23 per year of difference.

Which performed better, LCAP or SCHD?

Over the past year LCAP returned +24.60% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), LCAP annualized +25.19% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, LCAP or SCHD?

SCHD has been the more volatile fund at 13.6% annualized versus 10.8% for LCAP. Worst drawdown: LCAP -11.3% vs SCHD -33.4%.

Should I hold both LCAP and SCHD?

LCAP and SCHD have a monthly-return correlation of 0.30, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between LCAP and SCHD?

LCAP and SCHD share 4 common holdings with a 3.6% weight overlap. Combined, they hold 150 unique securities.

Which pays a higher dividend, LCAP or SCHD?

LCAP yields 0.09% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

Get Full ETF Analytics

Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.

See inside every ETF you own
$29/moCancel anytime.
Try FundXLS →