LYLD vs SCHD
Cambria LargeCap Shareholder Yield ETF vs Schwab US Dividend Equity ETF
Which is better, LYLD or SCHD?
SCHD has been ahead.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. LYLD is less concentrated, with 24.3% of the fund in its ten largest positions against 41.8%.
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 | LYLD | SCHD |
|---|---|---|
| Expense Ratio | 0.59% | 0.06%Best |
| AUM | $9M | $112.1B |
| Dividend Yield | 1.93% | 3.00% |
| Holdings | 52 | 103 |
| YTD Return | +16.06% | +23.60%Best |
| 1Y Return | +20.02% | +28.29%Best |
| 3Y Return (annualized) | - | +16.25% |
| 5Y Return (annualized) | - | +10.25% |
| Volatility (annualized) | 13.2%Best | 13.3% |
| Max Drawdown | -18.6% | -16.1%Best |
| $10,000 over 2.2 years | $13,372 | $13,678Best |
| Top 10 Weight | 24.3%Best | 41.8% |
| Fund Family | Cambria Investment Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jul 12, 2024 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 12, 2024 to Sep 21, 2026 (2.2 years).
LYLD 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 2.2 years both funds cover.
LYLD vs SCHD Performance
Cambria LargeCap Shareholder Yield ETF (LYLD) is an ETF from Cambria Investment Management and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year LYLD returned +20.02% while SCHD returned +28.29%. Year to date, LYLD is up 16.06% versus a gain of 23.60% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.3% compared with 13.2% for LYLD. 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 -18.6% for LYLD 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 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LYLD charges 0.59% per year while SCHD charges 0.06%. On a $10,000 position that is $59 vs $6 annually, a gap of $53 per year that compounds over a long holding period. On income, LYLD currently yields 1.93% against 3.00% for SCHD.
Holdings Overlap
21.1% of LYLD's money is in holdings SCHD also owns. 15.9% of SCHD's money is in holdings LYLD also owns.
LYLD and SCHD share little of their money.
10 positions in common, counted across the 51 positions we hold weights for in LYLD and 100 in SCHD, against full books of 52 and 103.
What only one of them owns
Measured across the 51 and 100 positions we hold weights for.
SCHD holds 89 positions LYLD does not, 84.0% of the fund.
Largest: MRK 4.77%, AMGN 4.70%, ABT 4.69%, KO 4.17%, CVX 4.02%
Top Shared Holdings
| Stock | Weight in LYLD | Weight in SCHD | Difference |
|---|---|---|---|
| COPConocophillips Common Stock USD 0.01 | 2.23% | 3.94% | 1.71% |
| VZVerizon Communic | 1.94% | 3.97% | 2.03% |
| CMCSAComcast Corp-class A Cmcsa | 2.09% | 2.31% | 0.22% |
| TGTTarget Corp Common Stock Usd.0833 | 2.07% | 1.78% | 0.29% |
| EOGEog Resources Inc | 1.94% | 1.88% | 0.06% |
| DINOHF Sinclair Corp | 2.69% | 0.38% | 2.31% |
| APAApa Corp | 2.32% | 0.37% | 1.95% |
| GISGeneral Mills In | 2.11% | 0.54% | 1.57% |
| PFGPrincipalfinancialgroupinc. | 1.87% | 0.53% | 1.34% |
| AFGAmerican Financial Group Inc/Oh | 1.88% | 0.24% | 1.64% |
21.1% of LYLD is already inside SCHD.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, LYLD or SCHD?
LYLD has an expense ratio of 0.59% while SCHD charges 0.06%. SCHD is the cheaper option, by $53 a year on a $10,000 investment.
Which performed better, LYLD or SCHD?
Over the past year LYLD returned +20.02% vs +28.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), LYLD annualized +14.12% vs +15.30% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LYLD or SCHD?
SCHD has been the more volatile fund at 13.3% annualized versus 13.2% for LYLD. Worst drawdown: LYLD -18.6% vs SCHD -16.1%.
Should I hold both LYLD and SCHD?
LYLD and SCHD have a monthly-return correlation of 0.87, 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 LYLD and SCHD?
21.1% of LYLD's money is in holdings SCHD also owns. 15.9% of SCHD's is in holdings LYLD also owns. They hold 10 positions in common, counted across the 51 positions we hold weights for in LYLD and 100 in SCHD.
Which pays a higher dividend, LYLD or SCHD?
LYLD yields 1.93% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than LYLD?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. LYLD is less concentrated, with 24.3% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.