SCHD vs SCHI
Schwab US Dividend Equity ETF vs Schwab 5-10 Year Corporate Bond ETF
Which is better, SCHD or SCHI?
SCHD has been ahead.
SCHI has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window.
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 | SCHI |
|---|---|---|
| Expense Ratio | 0.06% | 0.03%Best |
| AUM | $112.1B | $11.4B |
| Dividend Yield | 3.00% | 5.12% |
| Holdings | 103 | 2,329 |
| YTD Return | +24.23%Best | -1.40% |
| 1Y Return | +27.90%Best | -0.61% |
| 3Y Return (annualized) | +15.55%Best | +5.73% |
| 5Y Return (annualized) | +9.97%Best | +0.51% |
| Volatility (annualized) | 16.6% | 7.6%Best |
| Max Drawdown | -33.4% | -20.7%Best |
| $10,000 over 5 years | $16,083Best | $10,258 |
| Fund Family | Charles Schwab Asset Management | Charles Schwab Asset Management |
| Category | Equity | Fixed Income |
| Style | Large Cap Value | - |
| Inception | Oct 20, 2011 | Oct 10, 2019 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 10, 2019 to Sep 17, 2026 (6.9 years).
SCHD vs SCHI 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 6.9 years both funds cover.
SCHD vs SCHI Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Schwab 5-10 Year Corporate Bond ETF (SCHI) is an ETF from Charles Schwab Asset Management. Over the past year SCHD returned +27.90% while SCHI returned -0.61%. Year to date, SCHD is up 24.23% versus a loss of 1.40% for SCHI.
Over three years, SCHD compounded at +15.55% per year against +5.73% for SCHI; over five years the annualized figures are +9.97% and +0.51% respectively. Across the full 7-year window we track, SCHD has the edge at +12.71% annualized vs +1.34%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 7.6% for SCHI. 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 -20.7% for SCHI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.56. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while SCHI charges 0.03%. On a $10,000 position that is $6 vs $3 annually, a gap of $3 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 5.12% for SCHI.
Holdings Overlap
At least 82.9% of SCHD's money is in holdings SCHI also owns.
Stated as a floor: for SCHI, our book for it covers 25.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of SCHD is already inside SCHI. Owning both mostly buys the same companies twice.
41 positions in common, counted across the 100 positions we hold weights for in SCHD and 530 in SCHI, against full books of 103 and 2,329.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in SCHI | Difference |
|---|---|---|---|
| AMGNAmgen Inc. | 4.70% | 0.20% | 4.50% |
| ABTAbbott Laboratories | 4.69% | 0.16% | 4.53% |
| MRKMerck & Company Inc | 4.77% | 0.08% | 4.69% |
| VZVerizon Communic | 3.97% | 0.19% | 3.78% |
| CVXChevron Corp | 4.02% | 0.06% | 3.96% |
| COPConocophillips Common Stock USD 0.01 | 3.94% | 0.06% | 3.88% |
| HDHome Depot Inc/The | 3.88% | 0.08% | 3.80% |
| UNHUnitedhealth Group Incorporated | 3.82% | 0.09% | 3.73% |
| PGProcter & Gamble Company | 3.83% | 0.04% | 3.79% |
| PEPPepsico Inc. | 3.64% | 0.06% | 3.58% |
82.9% of SCHD is already inside SCHI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SCHD or SCHI?
SCHD has an expense ratio of 0.06% while SCHI charges 0.03%. SCHI is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, SCHD or SCHI?
Over the past year SCHD returned +27.90% vs -0.61% for SCHI, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), SCHD annualized +12.71% vs +1.34% for SCHI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SCHI?
SCHD has been the more volatile fund at 16.6% annualized versus 7.6% for SCHI. Worst drawdown: SCHD -33.4% vs SCHI -20.7%.
Should I hold both SCHD and SCHI?
SCHD and SCHI have a monthly-return correlation of 0.56, 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 SCHI?
At least 82.9% of SCHD's money is in holdings SCHI also owns. Our book for SCHI is partial, so the real figure is this or higher. They hold 41 positions in common, counted across the 100 positions we hold weights for in SCHD and 530 in SCHI.
Which pays a higher dividend, SCHD or SCHI?
SCHD yields 3.00% while SCHI yields 5.12%, so SCHI currently pays the higher dividend yield.
Is SCHI better than SCHD?
SCHI has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.