NIXT vs SCHD
Research Affiliates Deletions ETF vs Schwab US Dividend Equity ETF
Which is better, NIXT or SCHD?
Small Cap Value against Large Cap Value.
SCHD has a lower expense ratio. NIXT led over 1Y and the full window. NIXT is less concentrated, with 9.2% 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 | NIXT | SCHD |
|---|---|---|
| Expense Ratio | 0.19% | 0.06%Best |
| AUM | $39M | $108.9B |
| Dividend Yield | 0.89% | 3.00% |
| Holdings | 422 | 206 |
| YTD Return | +26.34%Best | +22.89% |
| 1Y Return | +30.19%Best | +29.27% |
| 3Y Return (annualized) | - | +16.56% |
| 5Y Return (annualized) | - | +9.63% |
| Volatility (annualized) | 16.5% | 14.2%Best |
| Max Drawdown | -27.5% | -16.1%Best |
| $10,000 over 2.1 years | $14,209Best | $13,049 |
| Top 10 Weight | 9.2%Best | 41.8% |
| Fund Family | RAFI Indices | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Value |
| Inception | Sep 9, 2024 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Sep 10, 2024 to Oct 12, 2026 (2.1 years).
NIXT 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 2.1 years both funds cover.
NIXT vs SCHD Performance
Research Affiliates Deletions ETF (NIXT) is an ETF from RAFI Indices and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year NIXT returned +30.19% while SCHD returned +29.27%. Year to date, NIXT is up 26.34% versus a gain of 22.89% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NIXT has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 14.2% 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 -27.5% for NIXT 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NIXT charges 0.19% per year while SCHD charges 0.06%. On a $10,000 position that is $19 vs $6 annually, a gap of $13 per year that compounds over a long holding period. On income, NIXT currently yields 0.89% against 3.00% for SCHD.
Holdings Overlap
5.0% of NIXT's money is in holdings SCHD also owns. 1.6% of SCHD's money is in holdings NIXT also owns.
NIXT and SCHD share little of their money.
11 positions in common, counted across the 209 positions we hold weights for in NIXT and 99 in SCHD, against full books of 422 and 206.
What only one of them owns
Our book lists 87 positions for SCHD that do not appear in our book for NIXT (98.3% of the fund), and 194 for NIXT that do not appear in SCHD (93.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in NIXT | Weight in SCHD | Difference |
|---|---|---|---|
| BBYBest Buy Co Inc | 0.69% | 0.45% | 0.24% |
| RHIRobert Half International Inc. | 0.64% | 0.09% | 0.55% |
| BAHBooz Allen Hamilton Holding Corp. | 0.45% | 0.23% | 0.22% |
| MMacy'S Inc. | 0.52% | 0.15% | 0.37% |
| ERIEErie Indemnity-a | 0.51% | 0.16% | 0.35% |
| FNFFidelity Nationa | 0.37% | 0.28% | 0.09% |
| MURMurphy Oil Corp | 0.40% | 0.13% | 0.27% |
| WENWendy's Co/the | 0.48% | 0.03% | 0.45% |
| LANCLancaster Colony Corp | 0.36% | 0.05% | 0.31% |
| WUWestern Union Co. | 0.34% | 0.05% | 0.29% |
You are not choosing between two funds in isolation.
Whichever of NIXT 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, NIXT or SCHD?
NIXT has an expense ratio of 0.19% while SCHD charges 0.06%. SCHD is the cheaper option, by $13 a year on a $10,000 investment.
Which performed better, NIXT or SCHD?
Over the past year NIXT returned +30.19% vs +29.27% for SCHD, so NIXT leads on 1-year performance. Over the longest common window we track (2 years), NIXT annualized +18.21% vs +13.51% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NIXT or SCHD?
NIXT has been the more volatile fund at 16.5% annualized versus 14.2% for SCHD. Worst drawdown: NIXT -27.5% vs SCHD -16.1%.
Should I hold both NIXT and SCHD?
NIXT and SCHD have a monthly-return correlation of 0.71, 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 NIXT and SCHD?
5.0% of NIXT's money is in holdings SCHD also owns. 1.6% of SCHD's is in holdings NIXT also owns. They hold 11 positions in common, counted across the 209 positions we hold weights for in NIXT and 99 in SCHD.
Which pays a higher dividend, NIXT or SCHD?
NIXT yields 0.89% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than NIXT?
SCHD has a lower expense ratio. NIXT led over 1Y and the full window. NIXT is less concentrated, with 9.2% 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.