LCDL vs SCHD

LCDL vs SCHD

Which is better, LCDL or SCHD?

Multi Alternative against Large Cap Value.

SCHD has a lower expense ratio. SCHD led over 1Y and the full window.

Lower Fees: SCHDHigher Returns: SCHD

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

MetricLCDLSCHD
Expense Ratio1.15%0.06%Best
AUM$4M$112.1B
Dividend Yield0.00%3.00%
Holdings2103
Volatility (annualized)100.4%11.5%Best
Max Drawdown--4.6%
$10,000 over 1.2 years$128$13,219Best
Fund FamilyGraniteSharesCharles Schwab Asset Management
CategoryAlternativeEquity
StyleMulti AlternativeLarge Cap Value
InceptionApr 21, 2025Oct 20, 2011

Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.

The two price series end 65 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. LCDL has data through Jul 15, 2026 and SCHD through Sep 18, 2026.

Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Apr 22, 2025 to Jul 15, 2026 (1.2 years).

Risk: Volatility and Drawdowns

LCDL has been the more volatile fund, with annualized monthly volatility of 100.4% compared with 11.5% for SCHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The two funds' monthly returns correlate at -0.29. They move largely independently of each other.

Fees and Cost Over Time

LCDL charges 1.15% per year while SCHD charges 0.06%. On a $10,000 position that is $115 vs $6 annually, a gap of $109 per year that compounds over a long holding period. On income, LCDL currently yields 0.00% against 3.00% for SCHD.

Holdings Overlap

We hold position weights for 1 holding in LCDL and 100 in SCHD, totalling 66.7% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.

The two holdings books were reported 123 days apart, LCDL as of Apr 30, 2026 and SCHD as of Aug 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.

0 positions in common, counted across the 1 positions we hold weights for in LCDL and 100 in SCHD, against full books of 2 and 103.

You are not choosing between two funds in isolation.

Whichever of LCDL and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

LCDLSCHD

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, LCDL or SCHD?

LCDL has an expense ratio of 1.15% while SCHD charges 0.06%. SCHD is the cheaper option, by $109 a year on a $10,000 investment.

Which is riskier, LCDL or SCHD?

LCDL has been the more volatile fund at 100.4% annualized versus 11.5% for SCHD.

Should I hold both LCDL and SCHD?

LCDL and SCHD have a monthly-return correlation of -0.29, 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, LCDL or SCHD?

LCDL yields 0.00% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.

Is SCHD better than LCDL?

SCHD has a lower expense ratio. SCHD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.