SCHD vs SCLS

SCHD vs SCLS

Which is better, SCHD or SCLS?

Large Cap Value against Long-Short Strategy.

SCHD has a lower expense ratio.

Lower Fees: SCHD

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

MetricSCHDSCLS
Expense Ratio0.06%Best1.10%
AUM$112.1B$594,436.73
Dividend Yield3.00%0.32%
Holdings10340
Fund FamilyCharles Schwab Asset ManagementStoneport Advisors, LLC
CategoryEquityAlternative
StyleLarge Cap ValueLong-Short Strategy
InceptionOct 20, 2011Nov 3, 2025

Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.

The two price series end 94 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. SCHD has data through Sep 18, 2026 and SCLS through Jun 16, 2026.

Fees and Cost Over Time

SCHD charges 0.06% per year while SCLS charges 1.10%. On a $10,000 position that is $6 vs $110 annually, a gap of $104 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.32% for SCLS.

Holdings Overlap

We hold position weights for 100 holdings in SCHD and 1 in SCLS, totalling 100.0% and 78.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.

The two holdings books were reported 184 days apart, SCHD as of Aug 31, 2026 and SCLS as of Feb 28, 2026, so some of the difference between them is the time between the two reports rather than the funds.

0 positions in common, counted across the 100 positions we hold weights for in SCHD and 1 in SCLS, against full books of 103 and 40.

You are not choosing between two funds in isolation.

Whichever of SCHD and SCLS you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

SCHDSCLS

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, SCHD or SCLS?

SCHD has an expense ratio of 0.06% while SCLS charges 1.10%. SCHD is the cheaper option, by $104 a year on a $10,000 investment.

Which pays a higher dividend, SCHD or SCLS?

SCHD yields 3.00% while SCLS yields 0.32%, so SCHD currently pays the higher dividend yield.

Is SCLS better than SCHD?

SCHD has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.