LGLV vs SCHD
State Street SPDR US Large Cap Low Volatility Index ETF vs Schwab US Dividend Equity ETF
Which is better, LGLV or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. LGLV is less concentrated, with 15.2% of the fund in its ten largest positions against 41.5%.
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 | LGLV | SCHD |
|---|---|---|
| Expense Ratio | 0.12% | 0.06%Best |
| AUM | $1.2B | $112.2B |
| Dividend Yield | 1.99% | 3.13% |
| Holdings | 174 | 103 |
| YTD Return | +7.39% | +28.59%Best |
| 1Y Return | +8.00% | +31.77%Best |
| 3Y Return (annualized) | +12.83% | +16.70%Best |
| 5Y Return (annualized) | +7.70% | +10.09%Best |
| Volatility (annualized) | 12.9%Best | 14.1% |
| Max Drawdown | -37.0% | -33.4%Best |
| $10,000 over 5 years | $14,490 | $16,171Best |
| Top 10 Weight | 15.2%Best | 41.5% |
| Fund Family | State Street Investment Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Feb 20, 2013 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Feb 21, 2013 to Sep 3, 2026 (13.5 years).
LGLV 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 13.5 years both funds cover.
LGLV vs SCHD Performance
State Street SPDR US Large Cap Low Volatility Index ETF (LGLV) is an ETF from State Street Investment Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year LGLV returned +8.00% while SCHD returned +31.77%. Year to date, LGLV is up 7.39% versus a gain of 28.59% for SCHD.
Over three years, LGLV compounded at +12.83% per year against +16.70% for SCHD; over five years the annualized figures are +7.70% and +10.09% respectively. Across the full 14-year window we track, SCHD has the edge at +11.22% annualized vs +9.70%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 12.9% for LGLV. 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 -37.0% for LGLV 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LGLV charges 0.12% per year while SCHD charges 0.06%. On a $10,000 position that is $12 vs $6 annually, a gap of $6 per year that compounds over a long holding period. On income, LGLV currently yields 1.99% against 3.13% for SCHD.
Holdings Overlap
10.7% of LGLV's money is in holdings SCHD also owns. 37.5% of SCHD's money is in holdings LGLV also owns.
The two portfolios partly overlap.
17 positions in common, counted across the 173 positions we hold weights for in LGLV and 100 in SCHD, against full books of 174 and 103.
What only one of them owns
Our book lists 82 positions for SCHD that do not appear in our book for LGLV (62.4% of the fund), and 151 for LGLV that do not appear in SCHD (87.0%).
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 LGLV | Weight in SCHD | Difference |
|---|---|---|---|
| KOCoca Cola Co. | 1.14% | 4.20% | 3.06% |
| ABTAbbott Laboratories | 0.64% | 4.70% | 4.06% |
| PGProcter & Gamble Company | 0.83% | 3.96% | 3.13% |
| HDHome Depot Inc/The | 0.45% | 4.32% | 3.87% |
| PEPPepsico Inc. | 0.97% | 3.71% | 2.74% |
| VZVerizon Communic | 0.63% | 3.84% | 3.21% |
| ADPAutomatic Data Processing, Inc. | 0.84% | 2.72% | 1.88% |
| LMTLockheed Martin Corp | 0.37% | 2.99% | 2.62% |
| CMCSAComcast Corp-class A Cmcsa | 0.35% | 2.26% | 1.91% |
| FASTFastenal Co. | 0.51% | 1.49% | 0.98% |
37.5% of SCHD is already inside LGLV.
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, LGLV or SCHD?
LGLV has an expense ratio of 0.12% while SCHD charges 0.06%. SCHD is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, LGLV or SCHD?
Over the past year LGLV returned +8.00% vs +31.77% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (14 years), LGLV annualized +9.70% vs +11.22% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LGLV or SCHD?
SCHD has been the more volatile fund at 14.1% annualized versus 12.9% for LGLV. Worst drawdown: LGLV -37.0% vs SCHD -33.4%.
Should I hold both LGLV and SCHD?
LGLV and SCHD have a monthly-return correlation of 0.88, 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 LGLV and SCHD?
37.5% of SCHD's money is in holdings LGLV also owns. 37.5% of SCHD's is in holdings LGLV also owns. They hold 17 positions in common, counted across the 173 positions we hold weights for in LGLV and 100 in SCHD.
Which pays a higher dividend, LGLV or SCHD?
LGLV yields 1.99% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than LGLV?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. LGLV is less concentrated, with 15.2% of the fund in its ten largest positions against 41.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.