SCHD vs SHRY
Schwab US Dividend Equity ETF vs First Trust Bloomberg Shareholder Yield ETF
Which is better, SCHD or SHRY?
Large Cap Value against Large Cap Growth.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93.
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 | SHRY |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.60% |
| AUM | $112.2B | $17M |
| Dividend Yield | 3.13% | 1.62% |
| Holdings | 103 | 102 |
| YTD Return | +27.56%Best | +14.18% |
| 1Y Return | +30.29%Best | +14.06% |
| 3Y Return (annualized) | +16.37%Best | +15.59% |
| 5Y Return (annualized) | +10.23%Best | +9.25% |
| Volatility (annualized) | 15.8%Best | 16.9% |
| Max Drawdown | -33.4%Best | -36.7% |
| $10,000 over 5 years | $16,274Best | $15,563 |
| Top 10 Weight | 41.5%Tie | 41.5%Tie |
| Fund Family | Charles Schwab Asset Management | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Oct 20, 2011 | Jun 20, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Jun 22, 2017 to Sep 4, 2026 (9.2 years).
SCHD vs SHRY 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 9.2 years both funds cover.
SCHD vs SHRY Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and First Trust Bloomberg Shareholder Yield ETF (SHRY) is an ETF from First Trust Portfolios (US). Over the past year SCHD returned +30.29% while SHRY returned +14.06%. Year to date, SCHD is up 27.56% versus a gain of 14.18% for SHRY.
Over three years, SCHD compounded at +16.37% per year against +15.59% for SHRY; over five years the annualized figures are +10.23% and +9.25% respectively. Across the full 9-year window we track, SCHD has the edge at +11.76% annualized vs +11.00%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SHRY has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 15.8% 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 -36.7% for SHRY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SCHD charges 0.06% per year while SHRY charges 0.60%. On a $10,000 position that is $6 vs $60 annually, a gap of $54 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 1.62% for SHRY.
Holdings Overlap
32.0% of SCHD's money is in holdings SHRY also owns. 23.8% of SHRY's money is in holdings SCHD also owns.
The two portfolios partly overlap.
11 positions in common, counted across the 100 positions we hold weights for in SCHD and 50 in SHRY, against full books of 103 and 102.
What only one of them owns
Our book lists 38 positions for SHRY that do not appear in our book for SCHD (74.5% of the fund), and 87 for SCHD that do not appear in SHRY (67.7%).
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 SHRY | Difference |
|---|---|---|---|
| CMCSACOMCAST CORP CLASS A | 2.26% | 4.60% | 2.34% |
| ACNAccenture Plc Class A | 2.70% | 3.99% | 1.29% |
| MOAltria Group Inc. | 2.86% | 2.76% | 0.10% |
| ADPAutomatic Data Processing, Inc. | 2.72% | 2.47% | 0.25% |
| PGProcter & Gamble Company | 3.96% | 1.19% | 2.77% |
| SLBSlb Ltd. | 1.89% | 2.78% | 0.89% |
| LMTLockheed Martin Corp | 2.99% | 1.65% | 1.34% |
| PEPPepsico Inc. | 3.71% | 0.92% | 2.79% |
| VZVerizon Communications Inc Com Usd1 | 3.84% | 0.65% | 3.19% |
| QCOMQualcomm | 2.55% | 1.71% | 0.84% |
32.0% of SCHD is already inside SHRY.
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 SHRY?
SCHD has an expense ratio of 0.06% while SHRY charges 0.60%. SCHD is the cheaper option, by $54 a year on a $10,000 investment.
Which performed better, SCHD or SHRY?
Over the past year SCHD returned +30.29% vs +14.06% for SHRY, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), SCHD annualized +11.76% vs +11.00% for SHRY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SHRY?
SHRY has been the more volatile fund at 16.9% annualized versus 15.8% for SCHD. Worst drawdown: SCHD -33.4% vs SHRY -36.7%.
Should I hold both SCHD and SHRY?
SCHD and SHRY have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between SCHD and SHRY?
32.0% of SCHD's money is in holdings SHRY also owns. 23.8% of SHRY's is in holdings SCHD also owns. They hold 11 positions in common, counted across the 100 positions we hold weights for in SCHD and 50 in SHRY.
Which pays a higher dividend, SCHD or SHRY?
SCHD yields 3.13% while SHRY yields 1.62%, so SCHD currently pays the higher dividend yield.
Is SHRY better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. Which one suits a particular account depends on what it is for. This is information, not a recommendation.