PSCI vs SCHD
Invesco S&P SmallCap Industrials ETF vs Schwab US Dividend Equity ETF
Which is better, PSCI or SCHD?
Small Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. PSCI led over 3Y, 5Y and the full window, SCHD over 1Y. PSCI is less concentrated, with 23.0% of the fund in its ten largest positions against 41.8%.
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 | PSCI | SCHD |
|---|---|---|
| Expense Ratio | 0.29% | 0.06%Best |
| AUM | $176M | $112.1B |
| Dividend Yield | 1.24% | 3.00% |
| Holdings | 90 | 103 |
| YTD Return | +7.65% | +21.99%Best |
| 1Y Return | +10.48% | +25.92%Best |
| 3Y Return (annualized) | +19.18%Best | +15.66% |
| 5Y Return (annualized) | +13.14%Best | +9.48% |
| Volatility (annualized) | 21.0% | 13.7%Best |
| Max Drawdown | -46.3% | -33.4%Best |
| $10,000 over 5 years | $18,539Best | $15,728 |
| Top 10 Weight | 23.0%Best | 41.8% |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Growth | 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 23, 2026 (14.9 years).
PSCI 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.
PSCI vs SCHD Performance
Invesco S&P SmallCap Industrials ETF (PSCI) 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 PSCI returned +10.48% while SCHD returned +25.92%. Year to date, PSCI is up 7.65% versus a gain of 21.99% for SCHD.
Over three years, PSCI compounded at +19.18% per year against +15.66% for SCHD; over five years the annualized figures are +13.14% and +9.48% respectively. Across the full 15-year window we track, PSCI has the edge at +13.69% annualized vs +11.15%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PSCI has been the more volatile fund, with annualized monthly volatility of 21.0% compared with 13.7% 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 -46.3% for PSCI 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PSCI 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, PSCI currently yields 1.24% against 3.00% for SCHD.
Holdings Overlap
3.5% of PSCI's money is in holdings SCHD also owns. 0.3% of SCHD's money is in holdings PSCI also owns.
PSCI and SCHD share little of their money.
3 positions in common, counted across the 94 positions we hold weights for in PSCI and 100 in SCHD, against full books of 90 and 103.
What only one of them owns
Measured across the 94 and 100 positions we hold weights for.
SCHD holds 96 positions PSCI does not, 99.7% of the fund.
Largest: MRK 4.77%, AMGN 4.70%, ABT 4.69%, KO 4.17%, CVX 4.02%
You are not choosing between two funds in isolation.
Whichever of PSCI 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, PSCI or SCHD?
PSCI 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, PSCI or SCHD?
Over the past year PSCI returned +10.48% vs +25.92% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), PSCI annualized +13.69% vs +11.15% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PSCI or SCHD?
PSCI has been the more volatile fund at 21.0% annualized versus 13.7% for SCHD. Worst drawdown: PSCI -46.3% vs SCHD -33.4%.
Should I hold both PSCI and SCHD?
PSCI and SCHD have a monthly-return correlation of 0.77, 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 PSCI and SCHD?
3.5% of PSCI's money is in holdings SCHD also owns. 0.3% of SCHD's is in holdings PSCI also owns. They hold 3 positions in common, counted across the 94 positions we hold weights for in PSCI and 100 in SCHD.
Which pays a higher dividend, PSCI or SCHD?
PSCI yields 1.24% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than PSCI?
SCHD has a lower expense ratio. PSCI led over 3Y, 5Y and the full window, SCHD over 1Y. PSCI is less concentrated, with 23.0% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.