LITL vs SCHD
Simplify Piper Sandler US Small-Cap PLUS Income ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. LITL offers more diversification with 141 holdings.
Side-by-Side Comparison
| Metric | LITL | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.91% | 0.06% | |
| AUM | $7M | $103.7B | |
| Dividend Yield | 1.50% | 3.31% | |
| Holdings | 147 | 104 | |
| YTD Return | +19.00% | +25.62% | |
| 1Y Return | +31.48% | +32.62% | |
| 3Y Return (annualized) | - | +15.58% | |
| 5Y Return (annualized) | - | +9.63% | |
| Volatility (annualized) | 15.3% | 13.6% | |
| Max Drawdown | -9.3% | -33.4% | |
| Fund Family | Simplify Exchange Traded Funds | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Apr 28, 2025 | Oct 20, 2011 |
LITL vs SCHD Performance
Simplify Piper Sandler US Small-Cap PLUS Income ETF (LITL) is a ETF from Simplify Exchange Traded Funds and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year LITL returned +31.48% while SCHD returned +32.62%. Year to date, LITL is up 19.00% versus a gain of 25.62% for SCHD.
Risk: Volatility and Drawdowns
LITL has been the more volatile fund, with annualized monthly volatility of 15.3% 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 -9.3% for LITL 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 0.27. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
LITL charges 0.91% per year while SCHD charges 0.06%. On a $10,000 position that is $91 vs $6 annually, a gap of $85 per year that compounds over a long holding period. On income, LITL currently yields 1.50% against 3.31% for SCHD.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, LITL or SCHD?
LITL has an expense ratio of 0.91% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $85 per year of difference.
Which performed better, LITL or SCHD?
Over the past year LITL returned +31.48% vs +32.62% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), LITL annualized +30.27% vs +11.47% for SCHD. Past performance does not guarantee future results.
Which is riskier, LITL or SCHD?
LITL has been the more volatile fund at 15.3% annualized versus 13.6% for SCHD. Worst drawdown: LITL -9.3% vs SCHD -33.4%.
Should I hold both LITL and SCHD?
LITL and SCHD have a monthly-return correlation of 0.27, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LITL and SCHD?
LITL and SCHD share 2 common holdings with a 0.1% weight overlap. Combined, they hold 239 unique securities.
Which pays a higher dividend, LITL or SCHD?
LITL yields 1.50% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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