SCHD vs SCHG
Schwab US Dividend Equity ETF vs Schwab US Large-Cap Growth ETF
Which is better, SCHD or SCHG?
Large Cap Value against Large Cap Growth.
SCHG has a lower expense ratio. SCHD led over 1Y, SCHG over 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 51.0%.
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 | SCHD | SCHG |
|---|---|---|
| Expense Ratio | 0.06% | 0.04%Best |
| AUM | $112.1B | $62.4B |
| Dividend Yield | 3.00% | 0.37% |
| Holdings | 103 | 196 |
| YTD Return | +24.96%Best | +7.97% |
| 1Y Return | +28.75%Best | +13.04% |
| 3Y Return (annualized) | +15.71% | +22.76%Best |
| 5Y Return (annualized) | +9.86% | +12.83%Best |
| Volatility (annualized) | 13.6%Best | 16.3% |
| Max Drawdown | -33.4%Best | -34.6% |
| $10,000 over 5 years | $16,003 | $18,286Best |
| Top 10 Weight | 41.8%Best | 51.0% |
| Fund Family | Charles Schwab Asset Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Oct 20, 2011 | Dec 11, 2009 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 9, 2026 (14.9 years).
SCHD vs SCHG 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.
SCHD vs SCHG Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Schwab US Large-Cap Growth ETF (SCHG) is an ETF from Charles Schwab Asset Management. Over the past year SCHD returned +28.75% while SCHG returned +13.04%. Year to date, SCHD is up 24.96% versus a gain of 7.97% for SCHG.
Over three years, SCHD compounded at +15.71% per year against +22.76% for SCHG; over five years the annualized figures are +9.86% and +12.83% respectively. Across the full 15-year window we track, SCHG has the edge at +16.64% annualized vs +11.36%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHG has been the more volatile fund, with annualized monthly volatility of 16.3% 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 -33.4% for SCHD and -34.6% for SCHG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while SCHG charges 0.04%. On a $10,000 position that is $6 vs $4 annually, a gap of $2 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.37% for SCHG.
Holdings Overlap
3.8% of SCHD's money is in holdings SCHG also owns. 1.4% of SCHG's money is in holdings SCHD also owns.
SCHD and SCHG share little of their money.
1 positions in common, counted across the 100 positions we hold weights for in SCHD and 193 in SCHG, against full books of 103 and 196.
What only one of them owns
Our book lists 186 positions for SCHG that do not appear in our book for SCHD (98.2% of the fund), and 98 for SCHD that do not appear in SCHG (96.1%).
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 SCHD | Weight in SCHG | Difference |
|---|---|---|---|
| UNHUnitedhealth Group Inc. | 3.82% | 1.36% | 2.46% |
You are not choosing between two funds in isolation.
Whichever of SCHD and SCHG 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, SCHD or SCHG?
SCHD has an expense ratio of 0.06% while SCHG charges 0.04%. SCHG is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, SCHD or SCHG?
Over the past year SCHD returned +28.75% vs +13.04% for SCHG, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.36% vs +16.64% for SCHG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SCHG?
SCHG has been the more volatile fund at 16.3% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs SCHG -34.6%.
Should I hold both SCHD and SCHG?
SCHD and SCHG have a monthly-return correlation of 0.67, 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 SCHD and SCHG?
3.8% of SCHD's money is in holdings SCHG also owns. 1.4% of SCHG's is in holdings SCHD also owns. They hold 1 positions in common, counted across the 100 positions we hold weights for in SCHD and 193 in SCHG.
Which pays a higher dividend, SCHD or SCHG?
SCHD yields 3.00% while SCHG yields 0.37%, so SCHD currently pays the higher dividend yield.
Is SCHG better than SCHD?
SCHG has a lower expense ratio. SCHD led over 1Y, SCHG over 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 51.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.