PSCF vs SCHD
Invesco S&P SmallCap Financials ETF vs Schwab US Dividend Equity ETF
Which is better, PSCF or SCHD?
Small Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. PSCF led over 3Y, SCHD over 1Y, 5Y and the full window. PSCF is less concentrated, with 15.5% of the fund in its ten largest positions against 41.5%.
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 | PSCF | SCHD |
|---|---|---|
| Expense Ratio | 0.29% | 0.06%Best |
| AUM | $31M | $112.2B |
| Dividend Yield | 2.12% | 3.13% |
| Holdings | 168 | 103 |
| YTD Return | +17.01% | +27.56%Best |
| 1Y Return | +15.13% | +30.29%Best |
| 3Y Return (annualized) | +18.06%Best | +16.37% |
| 5Y Return (annualized) | +5.66% | +10.23%Best |
| Volatility (annualized) | 19.3% | 13.6%Best |
| Max Drawdown | -49.9% | -33.4%Best |
| $10,000 over 5 years | $13,169 | $16,274Best |
| Top 10 Weight | 15.5%Best | 41.5% |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Value |
| Inception | Apr 7, 2010 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 4, 2026 (14.9 years).
PSCF 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 14.9 years both funds cover.
PSCF vs SCHD Performance
Invesco S&P SmallCap Financials ETF (PSCF) is an ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year PSCF returned +15.13% while SCHD returned +30.29%. Year to date, PSCF is up 17.01% versus a gain of 27.56% for SCHD.
Over three years, PSCF compounded at +18.06% per year against +16.37% for SCHD; over five years the annualized figures are +5.66% and +10.23% respectively. Across the full 15-year window we track, SCHD has the edge at +11.53% annualized vs +8.01%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PSCF has been the more volatile fund, with annualized monthly volatility of 19.3% 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 -49.9% for PSCF and -33.4% 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PSCF charges 0.29% per year while SCHD charges 0.06%. On a $10,000 position that is $29 vs $6 annually, a gap of $23 per year that compounds over a long holding period. On income, PSCF currently yields 2.12% against 3.13% for SCHD.
Holdings Overlap
7.1% of PSCF's money is in holdings SCHD also owns. 0.8% of SCHD's money is in holdings PSCF also owns.
PSCF and SCHD share little of their money.
16 positions in common, counted across the 163 positions we hold weights for in PSCF and 100 in SCHD, against full books of 168 and 103.
What only one of them owns
Our book lists 84 positions for SCHD that do not appear in our book for PSCF (99.1% of the fund), and 144 for PSCF that do not appear in SCHD (91.0%).
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 PSCF | Weight in SCHD | Difference |
|---|---|---|---|
| MCMoelis & Co_None_0 | 1.08% | 0.12% | 0.96% |
| CVBFCvb Financial Corp. | 0.82% | 0.09% | 0.73% |
| APAMArtisan Partners Asset Management, Inc. | 0.63% | 0.08% | 0.55% |
| BANRBanner Corp_None_0 | 0.51% | 0.06% | 0.45% |
| CNSCohen & Steers Inc | 0.49% | 0.06% | 0.43% |
| WUWestern Union | 0.48% | 0.06% | 0.42% |
| OFG:PROfg Bancorp Common Stock | 0.47% | 0.06% | 0.41% |
| CHCOCity Holding Co Common Stock Usd2.5 | 0.43% | 0.05% | 0.38% |
| NBHCNational Bank Holdings Corp Class A | 0.41% | 0.05% | 0.36% |
| STBAS&T Bancorp Inc | 0.40% | 0.05% | 0.35% |
You are not choosing between two funds in isolation.
Whichever of PSCF 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, PSCF or SCHD?
PSCF has an expense ratio of 0.29% while SCHD charges 0.06%. SCHD is the cheaper option, by $23 a year on a $10,000 investment.
Which performed better, PSCF or SCHD?
Over the past year PSCF returned +15.13% vs +30.29% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), PSCF annualized +8.01% vs +11.53% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PSCF or SCHD?
PSCF has been the more volatile fund at 19.3% annualized versus 13.6% for SCHD. Worst drawdown: PSCF -49.9% vs SCHD -33.4%.
Should I hold both PSCF and SCHD?
PSCF and SCHD have a monthly-return correlation of 0.76, 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 PSCF and SCHD?
7.1% of PSCF's money is in holdings SCHD also owns. 0.8% of SCHD's is in holdings PSCF also owns. They hold 16 positions in common, counted across the 163 positions we hold weights for in PSCF and 100 in SCHD.
Which pays a higher dividend, PSCF or SCHD?
PSCF yields 2.12% while SCHD yields 3.13%, so SCHD currently pays the higher dividend yield.
Is SCHD better than PSCF?
SCHD has a lower expense ratio. PSCF led over 3Y, SCHD over 1Y, 5Y and the full window. PSCF is less concentrated, with 15.5% of the fund in its ten largest positions against 41.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.