SCHD vs SHRT
Schwab US Dividend Equity ETF vs Gotham Short Strategies ETF
Which is better, SCHD or SHRT?
Large Cap Value against Large Cap Blend.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SHRT is less concentrated, with 29.9% 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 | SHRT |
|---|---|---|
| Expense Ratio | 0.06%Best | 1.35% |
| AUM | $112.1B | $12M |
| Dividend Yield | 3.00% | 0.08% |
| Holdings | 103 | 625 |
| YTD Return | +24.23%Best | -11.74% |
| 1Y Return | +27.90%Best | -11.34% |
| 3Y Return (annualized) | +15.55% | - |
| 5Y Return (annualized) | +9.97% | - |
| Volatility (annualized) | 13.0%Tie | 13.0%Tie |
| Max Drawdown | -16.1%Best | -27.8% |
| $10,000 over 2.9 years | $16,188Best | $8,100 |
| Top 10 Weight | 41.8% | 29.9%Best |
| Fund Family | Charles Schwab Asset Management | Gotham ETFs |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 20, 2011 | Nov 6, 2023 |
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 6, 2023 to Sep 17, 2026 (2.9 years).
SCHD vs SHRT 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 2.9 years both funds cover.
SCHD vs SHRT Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Gotham Short Strategies ETF (SHRT) is an ETF from Gotham ETFs. Over the past year SCHD returned +27.90% while SHRT returned -11.34%. Year to date, SCHD is up 24.23% versus a loss of 11.74% for SHRT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD and SHRT have been equally volatile, both at 13.0% annualized.
The deepest peak-to-trough decline in our data was -16.1% for SCHD and -27.8% for SHRT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.14. They move largely independently of each other.
Fees and Cost Over Time
SCHD charges 0.06% per year while SHRT charges 1.35%. On a $10,000 position that is $6 vs $135 annually, a gap of $129 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.08% for SHRT.
Holdings Overlap
29.9% of SCHD's money is in holdings SHRT also owns. 6.2% of SHRT's money is in holdings SCHD also owns.
SCHD and SHRT share little of their money.
14 positions in common, counted across the 100 positions we hold weights for in SCHD and 372 in SHRT, against full books of 103 and 625.
What only one of them owns
Our book lists 149 positions for SHRT that do not appear in our book for SCHD (86.2% of the fund), and 85 for SCHD that do not appear in SHRT (70.0%).
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 SHRT | Difference |
|---|---|---|---|
| COPConocophillips Common Stock USD 0.01 | 3.94% | 0.98% | 2.96% |
| UNHUnitedhealth Group Incorporated | 3.82% | 0.74% | 3.08% |
| LMTLockheed Martin Corp | 2.78% | 1.74% | 1.04% |
| TXNTexas Instrument Inc | 3.13% | 1.23% | 1.90% |
| MRKMerck & Company Inc | 4.77% | -1.73% | 6.50% |
| ACNAccenture Plc | 2.84% | -0.50% | 3.34% |
| CMCSAComcast Corp-class A Cmcsa | 2.31% | -0.29% | 2.60% |
| HSYHershey Co. | 0.64% | 0.89% | 0.25% |
| ADMArcher-Daniels-Midland Co. | 0.96% | 0.40% | 0.56% |
| SNASnap-On Inc. | 0.49% | 0.08% | 0.41% |
29.9% of SCHD is already inside SHRT.
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 SHRT?
SCHD has an expense ratio of 0.06% while SHRT charges 1.35%. SCHD is the cheaper option, by $129 a year on a $10,000 investment.
Which performed better, SCHD or SHRT?
Over the past year SCHD returned +27.90% vs -11.34% for SHRT, 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 SHRT?
SCHD and SHRT have been equally volatile, both at 13.0% annualized. Worst drawdown: SCHD -16.1% vs SHRT -27.8%.
Should I hold both SCHD and SHRT?
SCHD and SHRT have a monthly-return correlation of -0.14, 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 SHRT?
29.9% of SCHD's money is in holdings SHRT also owns. 6.2% of SHRT's is in holdings SCHD also owns. They hold 14 positions in common, counted across the 100 positions we hold weights for in SCHD and 372 in SHRT.
Which pays a higher dividend, SCHD or SHRT?
SCHD yields 3.00% while SHRT yields 0.08%, so SCHD currently pays the higher dividend yield.
Is SHRT better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SHRT is less concentrated, with 29.9% 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.