RSPD vs SCHD
Invesco S&P 500 Equal Weight Consumer Discretionary ETF vs Schwab US Dividend Equity ETF
Which is better, RSPD or SCHD?
Mid Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. RSPD is less concentrated, with 26.6% 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 | RSPD | SCHD |
|---|---|---|
| Expense Ratio | 0.40% | 0.06%Best |
| AUM | $296M | $112.1B |
| Dividend Yield | 0.88% | 3.00% |
| Holdings | 49 | 103 |
| YTD Return | -8.51% | +21.99%Best |
| 1Y Return | -8.96% | +25.92%Best |
| 3Y Return (annualized) | +8.43% | +15.66%Best |
| 5Y Return (annualized) | +1.96% | +9.48%Best |
| Volatility (annualized) | 19.7% | 13.7%Best |
| Max Drawdown | -48.5% | -33.4%Best |
| $10,000 over 5 years | $11,019 | $15,728Best |
| Top 10 Weight | 26.6%Best | 41.8% |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Value |
| Inception | Nov 1, 2006 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 21, 2011 to Sep 23, 2026 (14.9 years).
RSPD 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.
RSPD vs SCHD Performance
Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) 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 RSPD returned -8.96% while SCHD returned +25.92%. Year to date, RSPD is down 8.51% versus a gain of 21.99% for SCHD.
Over three years, RSPD compounded at +8.43% per year against +15.66% for SCHD; over five years the annualized figures are +1.96% and +9.48% respectively. Across the full 15-year window we track, SCHD has the edge at +11.15% annualized vs +8.76%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RSPD has been the more volatile fund, with annualized monthly volatility of 19.7% 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 -48.5% for RSPD 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RSPD charges 0.40% per year while SCHD charges 0.06%. On a $10,000 position that is $40 vs $6 annually, a gap of $34 per year that compounds over a long holding period. On income, RSPD currently yields 0.88% against 3.00% for SCHD.
Holdings Overlap
8.5% of RSPD's money is in holdings SCHD also owns. 6.2% of SCHD's money is in holdings RSPD also owns.
RSPD and SCHD share little of their money.
4 positions in common, counted across the 48 positions we hold weights for in RSPD and 100 in SCHD, against full books of 49 and 103.
What only one of them owns
Measured across the 48 and 100 positions we hold weights for.
SCHD holds 95 positions RSPD does not, 93.7% 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 RSPD 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, RSPD or SCHD?
RSPD has an expense ratio of 0.40% while SCHD charges 0.06%. SCHD is the cheaper option, by $34 a year on a $10,000 investment.
Which performed better, RSPD or SCHD?
Over the past year RSPD returned -8.96% vs +25.92% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), RSPD annualized +8.76% vs +11.15% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RSPD or SCHD?
RSPD has been the more volatile fund at 19.7% annualized versus 13.7% for SCHD. Worst drawdown: RSPD -48.5% vs SCHD -33.4%.
Should I hold both RSPD and SCHD?
RSPD and SCHD have a monthly-return correlation of 0.82, 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 RSPD and SCHD?
8.5% of RSPD's money is in holdings SCHD also owns. 6.2% of SCHD's is in holdings RSPD also owns. They hold 4 positions in common, counted across the 48 positions we hold weights for in RSPD and 100 in SCHD.
Which pays a higher dividend, RSPD or SCHD?
RSPD yields 0.88% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than RSPD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. RSPD is less concentrated, with 26.6% 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.