OAKL vs SCHD
Oakmark US Concentrated ETF vs Schwab US Dividend Equity ETF
Which is better, OAKL or SCHD?
SCHD costs less.
SCHD has a lower expense ratio. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 57.0%.
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 | OAKL | SCHD |
|---|---|---|
| Expense Ratio | 0.59% | 0.06%Best |
| AUM | $334M | $119.9B |
| Dividend Yield | 0.00% | 2.96% |
| Holdings | 27 | 204 |
| YTD Return | +6.77% | +29.95%Best |
| 1Y Return | - | +37.26% |
| 3Y Return (annualized) | - | +19.10% |
| 5Y Return (annualized) | - | +9.87% |
| Top 10 Weight | 57.0% | 41.8%Best |
| Fund Family | Oakmark Funds | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Oct 5, 2026 | Oct 20, 2011 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
OAKL 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
OAKL vs SCHD Performance
Oakmark US Concentrated ETF (OAKL) is an ETF from Oakmark Funds and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Year to date, OAKL is up 6.77% versus a gain of 29.95% for SCHD.
Past performance does not guarantee future results.
Fees and Cost Over Time
OAKL 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, OAKL currently yields 0.00% against 2.96% for SCHD.
Holdings Overlap
3.5% of OAKL's money is in holdings SCHD also owns. 4.3% of SCHD's money is in holdings OAKL also owns.
SCHD and OAKL share little of their money.
1 positions in common, counted across the 27 positions we hold weights for in OAKL and 98 in SCHD, against full books of 27 and 204.
What only one of them owns
Measured across the 27 and 98 positions we hold weights for.
SCHD holds 96 positions OAKL does not, 95.5% of the fund.
Largest: TXN 4.53%, PG 4.36%, CVX 4.32%, KO 4.28%, QCOM 4.18%
Top Shared Holdings
| Stock | Weight in OAKL | Weight in SCHD | Difference |
|---|---|---|---|
| COPConocophillips Common Stock USD 0.01 | 3.51% | 4.27% | 0.76% |
You are not choosing between two funds in isolation.
Whichever of OAKL 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, OAKL or SCHD?
OAKL 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.
What is the holdings overlap between OAKL and SCHD?
4.3% of SCHD's money is in holdings OAKL also owns. 4.3% of SCHD's is in holdings OAKL also owns. They hold 1 positions in common, counted across the 27 positions we hold weights for in OAKL and 98 in SCHD.
Which pays a higher dividend, OAKL or SCHD?
OAKL yields 0.00% while SCHD yields 2.96%, so SCHD currently pays the higher dividend yield.
Is SCHD better than OAKL?
SCHD has a lower expense ratio. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 57.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.