SCHD vs SFY
Schwab US Dividend Equity ETF vs Sofi Select 500 ETF
Which is better, SCHD or SFY?
Large Cap Value against Large Cap Growth.
SFY has a lower expense ratio. SCHD led over 1Y, SFY over 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 43.5%.
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 | SFY |
|---|---|---|
| Expense Ratio | 0.06% | 0.05%Best |
| AUM | $112.1B | $686M |
| Dividend Yield | 3.00% | 0.82% |
| Holdings | 103 | 506 |
| YTD Return | +24.59%Best | +13.80% |
| 1Y Return | +28.14%Best | +20.00% |
| 3Y Return (annualized) | +15.58% | +24.67%Best |
| 5Y Return (annualized) | +9.90% | +14.01%Best |
| Volatility (annualized) | 16.5%Best | 17.7% |
| Max Drawdown | -33.4% | -33.3%Best |
| $10,000 over 5 years | $16,032 | $19,263Best |
| Top 10 Weight | 41.8%Best | 43.5% |
| Fund Family | Charles Schwab Asset Management | SoFi |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Oct 20, 2011 | Apr 10, 2019 |
Volatility and max drawdown are measured over the window both funds cover: Apr 11, 2019 to Sep 10, 2026 (7.4 years).
SCHD vs SFY 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 7.4 years both funds cover.
SCHD vs SFY Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Sofi Select 500 ETF (SFY) is an ETF from SoFi. Over the past year SCHD returned +28.14% while SFY returned +20.00%. Year to date, SCHD is up 24.59% versus a gain of 13.80% for SFY.
Over three years, SCHD compounded at +15.58% per year against +24.67% for SFY; over five years the annualized figures are +9.90% and +14.01% respectively. Across the full 7-year window we track, SFY has the edge at +17.00% annualized vs +12.02%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SFY has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 16.5% 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 -33.3% for SFY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while SFY charges 0.05%. On a $10,000 position that is $6 vs $5 annually, a gap of $1 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.82% for SFY.
Holdings Overlap
94.6% of SCHD's money is in holdings SFY also owns. 5.3% of SFY's money is in holdings SCHD also owns.
Most of SCHD is already inside SFY. Owning both mostly buys the same companies twice.
45 positions in common, counted across the 100 positions we hold weights for in SCHD and 492 in SFY, against full books of 103 and 506.
What only one of them owns
Our book lists 434 positions for SFY that do not appear in our book for SCHD (93.7% of the fund), and 54 for SCHD that do not appear in SFY (5.3%).
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 SFY | Difference |
|---|---|---|---|
| MRKMerck & Co. Inc. | 4.77% | 0.29% | 4.48% |
| AMGNAmgen Inc. | 4.70% | 0.31% | 4.39% |
| ABTAbbott Laboratories | 4.69% | 0.19% | 4.50% |
| KOCoca Cola Co. | 4.17% | 0.33% | 3.84% |
| CVXChevron Corp. | 4.02% | 0.33% | 3.69% |
| HDHome Depot Inc/The | 3.88% | 0.32% | 3.56% |
| UNHUnitedhealth Group Inc. | 3.82% | 0.37% | 3.45% |
| VZVerizon Communications, Inc. | 3.97% | 0.18% | 3.79% |
| PGProcter & Gamble Company | 3.83% | 0.30% | 3.53% |
| COPConocophillips Co | 3.94% | 0.14% | 3.80% |
94.6% of SCHD is already inside SFY.
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 SFY?
SCHD has an expense ratio of 0.06% while SFY charges 0.05%. SFY is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, SCHD or SFY?
Over the past year SCHD returned +28.14% vs +20.00% for SFY, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), SCHD annualized +12.02% vs +17.00% for SFY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SFY?
SFY has been the more volatile fund at 17.7% annualized versus 16.5% for SCHD. Worst drawdown: SCHD -33.4% vs SFY -33.3%.
Should I hold both SCHD and SFY?
SCHD and SFY have a monthly-return correlation of 0.74, 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 SFY?
94.6% of SCHD's money is in holdings SFY also owns. 5.3% of SFY's is in holdings SCHD also owns. They hold 45 positions in common, counted across the 100 positions we hold weights for in SCHD and 492 in SFY.
Which pays a higher dividend, SCHD or SFY?
SCHD yields 3.00% while SFY yields 0.82%, so SCHD currently pays the higher dividend yield.
Is SFY better than SCHD?
SFY has a lower expense ratio. SCHD led over 1Y, SFY over 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 43.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.