LGRO vs SCHD
Level Four Large Cap Growth Active ETF vs Schwab US Dividend Equity ETF
Which is better, LGRO or SCHD?
Large Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. LGRO led over 3Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 42.9%.
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 | LGRO | SCHD |
|---|---|---|
| Expense Ratio | 0.50% | 0.06%Best |
| AUM | $140M | $112.1B |
| Dividend Yield | 0.33% | 3.00% |
| Holdings | 49 | 103 |
| YTD Return | +15.06% | +21.33%Best |
| 1Y Return | +18.30% | +25.15%Best |
| 3Y Return (annualized) | +24.81%Best | +15.43% |
| 5Y Return (annualized) | - | +9.32% |
| Volatility (annualized) | 16.8% | 13.8%Best |
| Max Drawdown | -23.3% | -16.1%Best |
| $10,000 over 3.1 years | $18,921Best | $15,097 |
| Top 10 Weight | 42.9% | 41.8%Best |
| Fund Family | ALPS Advisors | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Aug 22, 2023 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Aug 23, 2023 to Sep 24, 2026 (3.1 years).
LGRO 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 3.1 years both funds cover.
LGRO vs SCHD Performance
Level Four Large Cap Growth Active ETF (LGRO) is an ETF from ALPS Advisors and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year LGRO returned +18.30% while SCHD returned +25.15%. Year to date, LGRO is up 15.06% versus a gain of 21.33% for SCHD.
Over three years, LGRO compounded at +24.81% per year against +15.43% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LGRO has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 13.8% 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 -23.3% for LGRO and -16.1% 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 0.44. They move together some of the time, and apart the rest.
Fees and Cost Over Time
LGRO charges 0.50% per year while SCHD charges 0.06%. On a $10,000 position that is $50 vs $6 annually, a gap of $44 per year that compounds over a long holding period. On income, LGRO currently yields 0.33% against 3.00% for SCHD.
Holdings Overlap
5.1% of LGRO's money is in holdings SCHD also owns. 10.5% of SCHD's money is in holdings LGRO also owns.
SCHD and LGRO share little of their money.
3 positions in common, counted across the 48 positions we hold weights for in LGRO and 100 in SCHD, against full books of 49 and 103.
What only one of them owns
Measured across the 48 and 100 positions we hold weights for.
SCHD holds 96 positions LGRO does not, 89.5% of the fund.
Largest: MRK 4.77%, AMGN 4.70%, ABT 4.69%, KO 4.17%, CVX 4.02%
You are not choosing between two funds in isolation.
Whichever of LGRO and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, LGRO or SCHD?
LGRO has an expense ratio of 0.50% while SCHD charges 0.06%. SCHD is the cheaper option, by $44 a year on a $10,000 investment.
Which performed better, LGRO or SCHD?
Over the past year LGRO returned +18.30% vs +25.15% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LGRO or SCHD?
LGRO has been the more volatile fund at 16.8% annualized versus 13.8% for SCHD. Worst drawdown: LGRO -23.3% vs SCHD -16.1%.
Should I hold both LGRO and SCHD?
LGRO and SCHD have a monthly-return correlation of 0.44, 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 LGRO and SCHD?
10.5% of SCHD's money is in holdings LGRO also owns. 10.5% of SCHD's is in holdings LGRO also owns. They hold 3 positions in common, counted across the 48 positions we hold weights for in LGRO and 100 in SCHD.
Which pays a higher dividend, LGRO or SCHD?
LGRO yields 0.33% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than LGRO?
SCHD has a lower expense ratio. LGRO led over 3Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 42.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.