LSEQ vs SCHD
Harbor Long-Short Equity ETF vs Schwab US Dividend Equity ETF
Which is better, LSEQ or SCHD?
Mid Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window.
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 | LSEQ | SCHD |
|---|---|---|
| Expense Ratio | 2.28% | 0.06%Best |
| AUM | $17M | $112.1B |
| Dividend Yield | 1.74% | 3.00% |
| Holdings | 155 | 103 |
| YTD Return | +22.26% | +23.46%Best |
| 1Y Return | +23.20% | +27.20%Best |
| 3Y Return (annualized) | - | +15.41% |
| 5Y Return (annualized) | - | +10.16% |
| Volatility (annualized) | 14.3% | 12.9%Best |
| Max Drawdown | -10.9%Best | -16.1% |
| $10,000 over 2.8 years | $14,316 | $15,251Best |
| Fund Family | Harbor Funds | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Value |
| Inception | Dec 3, 2023 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 4, 2023 to Sep 18, 2026 (2.8 years).
LSEQ 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 2.8 years both funds cover.
LSEQ vs SCHD Performance
Harbor Long-Short Equity ETF (LSEQ) is an ETF from Harbor Funds and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year LSEQ returned +23.20% while SCHD returned +27.20%. Year to date, LSEQ is up 22.26% versus a gain of 23.46% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LSEQ has been the more volatile fund, with annualized monthly volatility of 14.3% compared with 12.9% 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 -10.9% for LSEQ 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 0.42. They move together some of the time, and apart the rest.
Fees and Cost Over Time
LSEQ charges 2.28% per year while SCHD charges 0.06%. On a $10,000 position that is $228 vs $6 annually, a gap of $222 per year that compounds over a long holding period. On income, LSEQ currently yields 1.74% against 3.00% for SCHD.
Holdings Overlap
At least 14.3% of SCHD's money is in holdings LSEQ also owns.
Only one direction is shown: for LSEQ, our book for it lists positions totalling 124.1% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
SCHD and LSEQ share little of their money.
6 positions in common, counted across the 156 positions we hold weights for in LSEQ and 100 in SCHD, against full books of 155 and 103.
You are not choosing between two funds in isolation.
Whichever of LSEQ 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, LSEQ or SCHD?
LSEQ has an expense ratio of 2.28% while SCHD charges 0.06%. SCHD is the cheaper option, by $222 a year on a $10,000 investment.
Which performed better, LSEQ or SCHD?
Over the past year LSEQ returned +23.20% vs +27.20% 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, LSEQ or SCHD?
LSEQ has been the more volatile fund at 14.3% annualized versus 12.9% for SCHD. Worst drawdown: LSEQ -10.9% vs SCHD -16.1%.
Should I hold both LSEQ and SCHD?
LSEQ and SCHD have a monthly-return correlation of 0.42, 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 LSEQ and SCHD?
At least 14.3% of SCHD's money is in holdings LSEQ also owns. Our book for LSEQ is partial, so the real figure is this or higher. They hold 6 positions in common, counted across the 156 positions we hold weights for in LSEQ and 100 in SCHD.
Which pays a higher dividend, LSEQ or SCHD?
LSEQ yields 1.74% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than LSEQ?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.