OILT vs SCHD
Texas Capital Texas Oil Index ETF vs Schwab US Dividend Equity ETF
Which is better, OILT or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. OILT led over 1Y, SCHD over the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 59.6%.
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 | OILT | SCHD |
|---|---|---|
| Expense Ratio | 0.35% | 0.06%Best |
| AUM | $14M | $108.9B |
| Dividend Yield | 2.41% | 3.00% |
| Holdings | 26 | 206 |
| Volatility (annualized) | 25.3% | 12.7%Best |
| Max Drawdown | -35.2% | -16.1%Best |
| $10,000 over 2.7 years | $14,636 | $14,891Best |
| Top 10 Weight | 59.6% | 41.8%Best |
| Fund Family | Texas Capital | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Dec 20, 2023 | Oct 20, 2011 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 16 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. OILT has data through Sep 15, 2026 and SCHD through Oct 1, 2026.
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Dec 21, 2023 to Sep 15, 2026 (2.7 years).
Risk: Volatility and Drawdowns
OILT has been the more volatile fund, with annualized monthly volatility of 25.3% compared with 12.7% 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 -35.2% for OILT 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 0.51. They move together some of the time, and apart the rest.
Fees and Cost Over Time
OILT charges 0.35% per year while SCHD charges 0.06%. On a $10,000 position that is $35 vs $6 annually, a gap of $29 per year that compounds over a long holding period. On income, OILT currently yields 2.41% against 3.00% for SCHD.
Holdings Overlap
29.3% of OILT's money is in holdings SCHD also owns. 12.4% of SCHD's money is in holdings OILT also owns.
OILT and SCHD share little of their money.
6 positions in common, counted across the 26 positions we hold weights for in OILT and 99 in SCHD, against full books of 26 and 206.
What only one of them owns
Our book lists 92 positions for SCHD that do not appear in our book for OILT (87.5% of the fund), and 16 for OILT that do not appear in SCHD (60.8%).
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.
29.3% of OILT 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, OILT or SCHD?
OILT has an expense ratio of 0.35% while SCHD charges 0.06%. SCHD is the cheaper option, by $29 a year on a $10,000 investment.
Which is riskier, OILT or SCHD?
OILT has been the more volatile fund at 25.3% annualized versus 12.7% for SCHD. Worst drawdown: OILT -35.2% vs SCHD -16.1%.
Should I hold both OILT and SCHD?
OILT and SCHD have a monthly-return correlation of 0.51, 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 OILT and SCHD?
29.3% of OILT's money is in holdings SCHD also owns. 12.4% of SCHD's is in holdings OILT also owns. They hold 6 positions in common, counted across the 26 positions we hold weights for in OILT and 99 in SCHD.
Which pays a higher dividend, OILT or SCHD?
OILT yields 2.41% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than OILT?
SCHD has a lower expense ratio. OILT led over 1Y, SCHD over the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 59.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.