LEGR vs SCHD
First Trust Indxx Innovative Transaction & Process ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. LEGR offers more diversification with 105 holdings.
Side-by-Side Comparison
| Metric | LEGR | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.06% | |
| AUM | $129M | $103.7B | |
| Dividend Yield | 1.66% | 3.31% | |
| Holdings | 110 | 104 | |
| YTD Return | +11.80% | +25.58% | |
| 1Y Return | +24.59% | +31.06% | |
| 3Y Return (annualized) | +23.00% | +15.55% | |
| 5Y Return (annualized) | +11.76% | +9.61% | |
| Volatility (annualized) | 17.0% | 13.6% | |
| Max Drawdown | -36.1% | -33.4% | |
| Fund Family | First Trust Portfolios (US) | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Jan 25, 2018 | Oct 20, 2011 |
LEGR vs SCHD Performance
First Trust Indxx Innovative Transaction & Process ETF (LEGR) is a ETF from First Trust Portfolios (US) and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year LEGR returned +24.59% while SCHD returned +31.06%. Year to date, LEGR is up 11.80% versus a gain of 25.58% for SCHD.
Over three years, LEGR compounded at +23.00% per year against +15.55% for SCHD; over five years the annualized figures are +11.76% and +9.61% respectively. Across the full 9-year window we track, SCHD has the edge at +11.46% annualized vs +11.43%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LEGR has been the more volatile fund, with annualized monthly volatility of 17.0% compared with 13.6% 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 -36.1% for LEGR 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LEGR charges 0.65% per year while SCHD charges 0.06%. On a $10,000 position that is $65 vs $6 annually, a gap of $59 per year that compounds over a long holding period. On income, LEGR currently yields 1.66% against 3.31% for SCHD.
Holdings Overlap
LEGR and SCHD share 5 holdings out of 200 unique holdings combined, representing a 3.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, LEGR or SCHD?
LEGR has an expense ratio of 0.65% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $59 per year of difference.
Which performed better, LEGR or SCHD?
Over the past year LEGR returned +24.59% vs +31.06% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), LEGR annualized +11.43% vs +11.46% for SCHD. Past performance does not guarantee future results.
Which is riskier, LEGR or SCHD?
LEGR has been the more volatile fund at 17.0% annualized versus 13.6% for SCHD. Worst drawdown: LEGR -36.1% vs SCHD -33.4%.
Should I hold both LEGR and SCHD?
LEGR and SCHD have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LEGR and SCHD?
LEGR and SCHD share 5 common holdings with a 3.6% weight overlap. Combined, they hold 200 unique securities.
Which pays a higher dividend, LEGR or SCHD?
LEGR yields 1.66% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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