SCHD vs SHLD
Schwab US Dividend Equity ETF vs Global X Defense Tech ETF
Which is better, SCHD or SHLD?
Large Cap Value against Large Cap Growth.
SCHD has a lower expense ratio. SCHD led over 1Y, SHLD over 3Y and the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 64.0%.
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 | SHLD |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.50% |
| AUM | $112.2B | $7.3B |
| Dividend Yield | 3.13% | 0.67% |
| Holdings | 103 | 55 |
| YTD Return | +27.56%Best | -4.89% |
| 1Y Return | +30.29%Best | +2.28% |
| 3Y Return (annualized) | +16.37% | +37.66%Best |
| 5Y Return (annualized) | +10.23% | - |
| Volatility (annualized) | 13.1%Best | 21.0% |
| Max Drawdown | -16.1%Best | -25.4% |
| $10,000 over 3 years | $15,910 | $26,087Best |
| Top 10 Weight | 41.5%Best | 64.0% |
| Fund Family | Charles Schwab Asset Management | Global X by mirae Asset |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Oct 20, 2011 | Sep 11, 2023 |
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Sep 13, 2023 to Sep 4, 2026 (3 years).
SCHD vs SHLD 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 3 years both funds cover.
SCHD vs SHLD Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Global X Defense Tech ETF (SHLD) is an ETF from Global X by mirae Asset. Over the past year SCHD returned +30.29% while SHLD returned +2.28%. Year to date, SCHD is up 27.56% versus a loss of 4.89% for SHLD.
Over three years, SCHD compounded at +16.37% per year against +37.66% for SHLD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SHLD has been the more volatile fund, with annualized monthly volatility of 21.0% compared with 13.1% 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 -16.1% for SCHD and -25.4% for SHLD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.24. They move largely independently of each other.
Fees and Cost Over Time
SCHD charges 0.06% per year while SHLD charges 0.50%. On a $10,000 position that is $6 vs $50 annually, a gap of $44 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 0.67% for SHLD.
Holdings Overlap
3.0% of SCHD's money is in holdings SHLD also owns. 8.5% of SHLD's money is in holdings SCHD also owns.
SHLD and SCHD share little of their money.
1 positions in common, counted across the 100 positions we hold weights for in SCHD and 50 in SHLD, against full books of 103 and 55.
What only one of them owns
Our book lists 24 positions for SHLD that do not appear in our book for SCHD (58.8% of the fund), and 98 for SCHD that do not appear in SHLD (96.9%).
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 SHLD | Difference |
|---|---|---|---|
| LMTLockheed Martin Corp | 2.99% | 8.52% | 5.53% |
You are not choosing between two funds in isolation.
Whichever of SCHD and SHLD 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 SHLD?
SCHD has an expense ratio of 0.06% while SHLD charges 0.50%. SCHD is the cheaper option, by $44 a year on a $10,000 investment.
Which performed better, SCHD or SHLD?
Over the past year SCHD returned +30.29% vs +2.28% for SHLD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SHLD?
SHLD has been the more volatile fund at 21.0% annualized versus 13.1% for SCHD. Worst drawdown: SCHD -16.1% vs SHLD -25.4%.
Should I hold both SCHD and SHLD?
SCHD and SHLD have a monthly-return correlation of 0.24, 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 SHLD?
8.5% of SHLD's money is in holdings SCHD also owns. 8.5% of SHLD'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 50 in SHLD.
Which pays a higher dividend, SCHD or SHLD?
SCHD yields 3.13% while SHLD yields 0.67%, so SCHD currently pays the higher dividend yield.
Is SHLD better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, SHLD over 3Y and the full window. SCHD is less concentrated, with 41.5% of the fund in its ten largest positions against 64.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.