PSC vs SCHD

Quick Verdict

SCHD has a lower expense ratio. PSC delivered stronger 1-year returns. PSC offers more diversification with 509 holdings.

Lower Fees: SCHDHigher Returns: PSCMore Diversified: PSC

Side-by-Side Comparison

MetricPSCSCHDWinner
Expense Ratio0.38%0.06%
AUM$2.2B$103.7B
Dividend Yield0.55%3.31%
Holdings513104
YTD Return+20.69%+24.26%
1Y Return+33.12%+31.38%
3Y Return (annualized)+17.87%+15.08%
5Y Return (annualized)+9.84%+9.72%
Volatility (annualized)20.9%13.6%
Max Drawdown-47.9%-33.4%
Fund FamilyPrincipal FundsCharles Schwab Asset Management
CategoryEquityEquity
InceptionSep 21, 2016Oct 20, 2011

PSC vs SCHD Performance

Principal U.S. Small-Cap Multi-Factor ETF (PSC) is a ETF from Principal Funds and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year PSC returned +33.12% while SCHD returned +31.38%. Year to date, PSC is up 20.69% versus a gain of 24.26% for SCHD.

Over three years, PSC compounded at +17.87% per year against +15.08% for SCHD; over five years the annualized figures are +9.84% and +9.72% respectively. Across the full 10-year window we track, PSC has the edge at +11.49% annualized vs +11.39%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

PSC has been the more volatile fund, with annualized monthly volatility of 20.9% compared with 13.6% 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 -47.9% for PSC and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

PSC charges 0.38% per year while SCHD charges 0.06%. On a $10,000 position that is $38 vs $6 annually, a gap of $32 per year that compounds over a long holding period. On income, PSC currently yields 0.55% against 3.31% for SCHD.

Holdings Overlap

0.6%overlap

PSC and SCHD share 13 holdings out of 596 unique holdings combined, representing a 0.6% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in PSCWeight in SCHDDifference
KFY0.25%0.10%0.15%
GVMXX0.24%0.04%0.20%
BANR0.16%0.06%0.10%
OFG:PRProProPro
BKEProProPro
PFBCProProPro
IPARProProPro
LANCProProPro
HAFCProProPro
ORRFProProPro
See all 10 holdings PSC shares with SCHD
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, PSC or SCHD?

PSC has an expense ratio of 0.38% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $32 per year of difference.

Which performed better, PSC or SCHD?

Over the past year PSC returned +33.12% vs +31.38% for SCHD, so PSC leads on 1-year performance. Over the longest common window we track (10 years), PSC annualized +11.49% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, PSC or SCHD?

PSC has been the more volatile fund at 20.9% annualized versus 13.6% for SCHD. Worst drawdown: PSC -47.9% vs SCHD -33.4%.

Should I hold both PSC and SCHD?

PSC and SCHD have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between PSC and SCHD?

PSC and SCHD share 13 common holdings with a 0.6% weight overlap. Combined, they hold 596 unique securities.

Which pays a higher dividend, PSC or SCHD?

PSC yields 0.55% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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