LSEQ vs SCHD
LSEQ vs SCHD
Harbor Long-Short Equity ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. LSEQ offers more diversification with 153 holdings.
Side-by-Side Comparison
| Metric | LSEQ | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 2.28% | 0.06% | |
| AUM | $16M | $103.7B | |
| Dividend Yield | 1.71% | 3.31% | |
| Holdings | 156 | 104 | |
| YTD Return | +18.26% | +24.26% | |
| 1Y Return | +20.40% | +31.38% | |
| 3Y Return (annualized) | - | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 14.5% | 13.6% | |
| Max Drawdown | -10.9% | -33.4% | |
| Fund Family | Harbor Funds | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Dec 3, 2023 | Oct 20, 2011 |
LSEQ vs SCHD Performance
Harbor Long-Short Equity ETF (LSEQ) is a ETF from Harbor Funds and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year LSEQ returned +20.40% while SCHD returned +31.38%. Year to date, LSEQ is up 18.26% versus a gain of 24.26% for SCHD.
Risk: Volatility and Drawdowns
LSEQ has been the more volatile fund, with annualized monthly volatility of 14.5% 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 -10.9% for LSEQ 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 0.38. They move independently enough that combining them can meaningfully diversify a portfolio.
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 1.71% against 3.31% for SCHD.
Holdings Overlap
LSEQ and SCHD share 5 holdings out of 248 unique holdings combined, representing a 3.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in LSEQ | Weight in SCHD | Difference |
|---|---|---|---|
| AMGN | 0.71% | 4.25% | 3.54% |
| VZ | 0.64% | 3.68% | 3.04% |
| BMY | 0.71% | 3.22% | 2.51% |
| TGT | Pro | Pro | Pro |
| APA | Pro | Pro | Pro |
See all 5 holdings LSEQ shares with SCHD Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
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. On a $10,000 investment, that is $222 per year of difference.
Which performed better, LSEQ or SCHD?
Over the past year LSEQ returned +20.40% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), LSEQ annualized +12.88% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, LSEQ or SCHD?
LSEQ has been the more volatile fund at 14.5% annualized versus 13.6% for SCHD. Worst drawdown: LSEQ -10.9% vs SCHD -33.4%.
Should I hold both LSEQ and SCHD?
LSEQ and SCHD have a monthly-return correlation of 0.38, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LSEQ and SCHD?
LSEQ and SCHD share 5 common holdings with a 3.1% weight overlap. Combined, they hold 248 unique securities.
Which pays a higher dividend, LSEQ or SCHD?
LSEQ yields 1.71% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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