SCHD vs SCHK
Schwab US Dividend Equity ETF vs Schwab 1000 Index ETF
Which is better, SCHD or SCHK?
Large Cap Value against Large Cap Blend.
SCHK has a lower expense ratio. SCHD led over 1Y, SCHK over 3Y, 5Y and the full window. SCHK is less concentrated, with 35.1% 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 | SCHD | SCHK |
|---|---|---|
| Expense Ratio | 0.06% | 0.03%Best |
| AUM | $112.1B | $5.8B |
| Dividend Yield | 3.00% | 1.01% |
| Holdings | 103 | 986 |
| YTD Return | +23.60%Best | +14.06% |
| 1Y Return | +28.29%Best | +16.86% |
| 3Y Return (annualized) | +16.25% | +23.00%Best |
| 5Y Return (annualized) | +10.25% | +13.03%Best |
| Volatility (annualized) | 16.1%Best | 16.6% |
| Max Drawdown | -33.4%Best | -34.8% |
| $10,000 over 5 years | $16,289 | $18,449Best |
| Top 10 Weight | 41.8% | 35.1%Best |
| Fund Family | Charles Schwab Asset Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 20, 2011 | Oct 11, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Oct 11, 2017 to Sep 21, 2026 (8.9 years).
SCHD vs SCHK 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 8.9 years both funds cover.
SCHD vs SCHK Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Schwab 1000 Index ETF (SCHK) is an ETF from Charles Schwab Asset Management. Over the past year SCHD returned +28.29% while SCHK returned +16.86%. Year to date, SCHD is up 23.60% versus a gain of 14.06% for SCHK.
Over three years, SCHD compounded at +16.25% per year against +23.00% for SCHK; over five years the annualized figures are +10.25% and +13.03% respectively. Across the full 9-year window we track, SCHK has the edge at +13.89% annualized vs +11.10%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHK has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 16.1% 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 -34.8% for SCHK. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while SCHK 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 1.01% for SCHK.
Holdings Overlap
95.1% of SCHD's money is in holdings SCHK also owns. 7.5% of SCHK's money is in holdings SCHD also owns.
Most of SCHD is already inside SCHK. Owning both mostly buys the same companies twice.
60 positions in common, counted across the 100 positions we hold weights for in SCHD and 980 in SCHK, against full books of 103 and 986.
What only one of them owns
Our book lists 861 positions for SCHK that do not appear in our book for SCHD (91.8% of the fund), and 39 for SCHD that do not appear in SCHK (4.8%).
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 SCHK | Difference |
|---|---|---|---|
| MRKMerck & Company Inc | 4.77% | 0.51% | 4.26% |
| AMGNAmgen Inc. | 4.70% | 0.33% | 4.37% |
| ABTAbbott Laboratories | 4.69% | 0.27% | 4.42% |
| KOCoca Cola Co. | 4.17% | 0.48% | 3.69% |
| CVXChevron Corp | 4.02% | 0.54% | 3.48% |
| HDHome Depot Inc/The | 3.88% | 0.46% | 3.42% |
| UNHUnitedhealth Group Incorporated | 3.82% | 0.50% | 3.32% |
| PGProcter & Gamble Company | 3.83% | 0.47% | 3.36% |
| VZVerizon Communic | 3.97% | 0.29% | 3.68% |
| COPConocophillips Common Stock USD 0.01 | 3.94% | 0.23% | 3.71% |
95.1% of SCHD is already inside SCHK.
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 SCHK?
SCHD has an expense ratio of 0.06% while SCHK charges 0.03%. SCHK is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, SCHD or SCHK?
Over the past year SCHD returned +28.29% vs +16.86% for SCHK, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), SCHD annualized +11.10% vs +13.89% for SCHK. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SCHK?
SCHK has been the more volatile fund at 16.6% annualized versus 16.1% for SCHD. Worst drawdown: SCHD -33.4% vs SCHK -34.8%.
Should I hold both SCHD and SCHK?
SCHD and SCHK have a monthly-return correlation of 0.83, 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 SCHK?
95.1% of SCHD's money is in holdings SCHK also owns. 7.5% of SCHK's is in holdings SCHD also owns. They hold 60 positions in common, counted across the 100 positions we hold weights for in SCHD and 980 in SCHK.
Which pays a higher dividend, SCHD or SCHK?
SCHD yields 3.00% while SCHK yields 1.01%, so SCHD currently pays the higher dividend yield.
Is SCHK better than SCHD?
SCHK has a lower expense ratio. SCHD led over 1Y, SCHK over 3Y, 5Y and the full window. SCHK is less concentrated, with 35.1% 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.