LGLV vs SCHD
State Street SPDR US Large Cap Low Volatility Index ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. LGLV offers more diversification with 172 holdings.
Side-by-Side Comparison
| Metric | LGLV | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.12% | 0.06% | |
| AUM | $1.2B | $103.7B | |
| Dividend Yield | 2.05% | 3.31% | |
| Holdings | 174 | 104 | |
| YTD Return | +8.28% | +25.58% | |
| 1Y Return | +9.68% | +31.06% | |
| 3Y Return (annualized) | +12.57% | +15.55% | |
| 5Y Return (annualized) | +8.26% | +9.61% | |
| Volatility (annualized) | 12.9% | 13.6% | |
| Max Drawdown | -37.0% | -33.4% | |
| Fund Family | State Street Investment Management | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Feb 20, 2013 | Oct 20, 2011 |
LGLV vs SCHD Performance
State Street SPDR US Large Cap Low Volatility Index ETF (LGLV) is a ETF from State Street Investment Management and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year LGLV returned +9.68% while SCHD returned +31.06%. Year to date, LGLV is up 8.28% versus a gain of 25.58% for SCHD.
Over three years, LGLV compounded at +12.57% per year against +15.55% for SCHD; over five years the annualized figures are +8.26% and +9.61% respectively. Across the full 14-year window we track, SCHD has the edge at +11.46% annualized vs +9.81%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% 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 worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.89. 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 2.05% against 3.31% for SCHD.
Holdings Overlap
LGLV and SCHD share 17 holdings out of 255 unique holdings combined, representing a 9.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $6 per year of difference.
Which performed better, LGLV or SCHD?
Over the past year LGLV returned +9.68% vs +31.06% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (14 years), LGLV annualized +9.81% vs +11.46% for SCHD. Past performance does not guarantee future results.
Which is riskier, LGLV or SCHD?
SCHD has been the more volatile fund at 13.6% 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 0.89, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LGLV and SCHD?
LGLV and SCHD share 17 common holdings with a 9.6% weight overlap. Combined, they hold 255 unique securities.
Which pays a higher dividend, LGLV or SCHD?
LGLV yields 2.05% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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