PSL vs SCHD
Invesco Dorsey Wright Consumer Staples Momentum ETF vs Schwab US Dividend Equity ETF
Which is better, PSL or SCHD?
Mid Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. PSL is less concentrated, with 40.0% 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 | PSL | SCHD |
|---|---|---|
| Expense Ratio | 0.60% | 0.06%Best |
| AUM | $84M | $112.1B |
| Dividend Yield | 0.73% | 3.00% |
| Holdings | 50 | 103 |
| YTD Return | +7.71% | +21.99%Best |
| 1Y Return | -0.28% | +25.92%Best |
| 3Y Return (annualized) | +9.29% | +15.66%Best |
| 5Y Return (annualized) | +4.79% | +9.48%Best |
| Volatility (annualized) | 13.8% | 13.7%Best |
| Max Drawdown | -34.9% | -33.4%Best |
| $10,000 over 5 years | $12,636 | $15,728Best |
| Top 10 Weight | 40.0%Best | 41.8% |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Value |
| Inception | Oct 12, 2006 | 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).
PSL 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.
PSL vs SCHD Performance
Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL) 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 PSL returned -0.28% while SCHD returned +25.92%. Year to date, PSL is up 7.71% versus a gain of 21.99% for SCHD.
Over three years, PSL compounded at +9.29% per year against +15.66% for SCHD; over five years the annualized figures are +4.79% and +9.48% respectively. Across the full 15-year window we track, SCHD has the edge at +11.15% annualized vs +9.48%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PSL has been the more volatile fund, with annualized monthly volatility of 13.8% 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 -34.9% for PSL 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
PSL charges 0.60% per year while SCHD charges 0.06%. On a $10,000 position that is $60 vs $6 annually, a gap of $54 per year that compounds over a long holding period. On income, PSL currently yields 0.73% against 3.00% for SCHD.
Holdings Overlap
10.4% of PSL's money is in holdings SCHD also owns. 11.8% of SCHD's money is in holdings PSL also owns.
SCHD and PSL share little of their money.
4 positions in common, counted across the 48 positions we hold weights for in PSL and 100 in SCHD, against full books of 50 and 103.
What only one of them owns
Measured across the 48 and 100 positions we hold weights for.
SCHD holds 95 positions PSL does not, 88.2% of the fund.
Largest: MRK 4.77%, AMGN 4.70%, ABT 4.69%, CVX 4.02%, VZ 3.97%
You are not choosing between two funds in isolation.
Whichever of PSL 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, PSL or SCHD?
PSL has an expense ratio of 0.60% while SCHD charges 0.06%. SCHD is the cheaper option, by $54 a year on a $10,000 investment.
Which performed better, PSL or SCHD?
Over the past year PSL returned -0.28% vs +25.92% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), PSL annualized +9.48% vs +11.15% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PSL or SCHD?
PSL has been the more volatile fund at 13.8% annualized versus 13.7% for SCHD. Worst drawdown: PSL -34.9% vs SCHD -33.4%.
Should I hold both PSL and SCHD?
PSL 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 PSL and SCHD?
11.8% of SCHD's money is in holdings PSL also owns. 11.8% of SCHD's is in holdings PSL also owns. They hold 4 positions in common, counted across the 48 positions we hold weights for in PSL and 100 in SCHD.
Which pays a higher dividend, PSL or SCHD?
PSL yields 0.73% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than PSL?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. PSL is less concentrated, with 40.0% 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.