PCCE vs SCHD

PCCE vs SCHD

Which is better, PCCE or SCHD?

Large Cap Growth against Large Cap Value.

SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 52.0%.

Lower Fees: SCHDHigher Returns: SCHDLess Concentrated: SCHD

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

MetricPCCESCHD
Expense Ratio1.00%0.06%Best
AUM$2M$112.1B
Dividend Yield2.37%3.00%
Holdings44103
Volatility (annualized)20.2%13.2%Best
Max Drawdown-26.4%-16.1%Best
$10,000 over 2.4 years$13,176$14,409Best
Top 10 Weight52.0%41.8%Best
Fund FamilyiMGP FundsCharles Schwab Asset Management
CategoryEquityEquity
StyleLarge Cap GrowthLarge Cap Value
InceptionMar 14, 2024Oct 20, 2011

Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).

The two price series end 34 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. PCCE has data through Aug 14, 2026 and SCHD through Sep 17, 2026.

Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: Mar 15, 2024 to Aug 14, 2026 (2.4 years).

Risk: Volatility and Drawdowns

PCCE has been the more volatile fund, with annualized monthly volatility of 20.2% compared with 13.2% 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 -26.4% for PCCE 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 0.10. They move largely independently of each other.

Fees and Cost Over Time

PCCE charges 1.00% per year while SCHD charges 0.06%. On a $10,000 position that is $100 vs $6 annually, a gap of $94 per year that compounds over a long holding period. On income, PCCE currently yields 2.37% against 3.00% for SCHD.

Holdings Overlap

We hold position weights for 37 holdings in PCCE and 100 in SCHD, totalling 95.5% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.

0 positions in common, counted across the 37 positions we hold weights for in PCCE and 100 in SCHD, against full books of 44 and 103.

What only one of them owns

Our book lists 99 positions for SCHD that do not appear in our book for PCCE (99.9% of the fund), and 1 for PCCE that do not appear in SCHD (3.5%).

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.

You are not choosing between two funds in isolation.

Whichever of PCCE and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

PCCESCHD

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, PCCE or SCHD?

PCCE has an expense ratio of 1.00% while SCHD charges 0.06%. SCHD is the cheaper option, by $94 a year on a $10,000 investment.

Which is riskier, PCCE or SCHD?

PCCE has been the more volatile fund at 20.2% annualized versus 13.2% for SCHD. Worst drawdown: PCCE -26.4% vs SCHD -16.1%.

Should I hold both PCCE and SCHD?

PCCE and SCHD have a monthly-return correlation of 0.10, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

Which pays a higher dividend, PCCE or SCHD?

PCCE yields 2.37% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.

Is SCHD better than PCCE?

SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 52.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.