SCHD vs SIXS
Schwab US Dividend Equity ETF vs ETC 6 Meridian Small Cap Equity ETF
Which is better, SCHD or SIXS?
Large Cap Value against Small Cap Blend.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SIXS is less concentrated, with 19.2% 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 | SIXS |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.50% |
| AUM | $112.1B | $144M |
| Dividend Yield | 3.00% | 1.80% |
| Holdings | 103 | 84 |
| YTD Return | +21.99%Best | +10.45% |
| 1Y Return | +25.92%Best | +12.45% |
| 3Y Return (annualized) | +15.66%Best | +10.63% |
| 5Y Return (annualized) | +9.48%Best | +4.46% |
| Volatility (annualized) | 15.2%Best | 17.6% |
| Max Drawdown | -16.9%Best | -27.7% |
| $10,000 over 5 years | $15,728Best | $12,438 |
| Top 10 Weight | 41.8% | 19.2%Best |
| Fund Family | Charles Schwab Asset Management | 6 Meridian ETF |
| Category | Equity | Equity |
| Style | Large Cap Value | Small Cap Blend |
| Inception | Oct 20, 2011 | May 11, 2020 |
Volatility and max drawdown are measured over the window both funds cover: May 11, 2020 to Sep 23, 2026 (6.4 years).
SCHD vs SIXS 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 6.4 years both funds cover.
SCHD vs SIXS Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and ETC 6 Meridian Small Cap Equity ETF (SIXS) is an ETF from 6 Meridian ETF. Over the past year SCHD returned +25.92% while SIXS returned +12.45%. Year to date, SCHD is up 21.99% versus a gain of 10.45% for SIXS.
Over three years, SCHD compounded at +15.66% per year against +10.63% for SIXS; over five years the annualized figures are +9.48% and +4.46% respectively. Across the full 6-year window we track, SCHD has the edge at +14.62% annualized vs +13.86%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SIXS has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 15.2% 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 -16.9% for SCHD and -27.7% for SIXS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while SIXS 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 3.00% against 1.80% for SIXS.
Holdings Overlap
0.3% of SCHD's money is in holdings SIXS also owns. 6.8% of SIXS's money is in holdings SCHD also owns.
SIXS and SCHD share little of their money.
6 positions in common, counted across the 100 positions we hold weights for in SCHD and 84 in SIXS, against full books of 103 and 84.
What only one of them owns
Our book lists 75 positions for SIXS that do not appear in our book for SCHD (90.7% of the fund), and 93 for SCHD that do not appear in SIXS (99.6%).
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
You are not choosing between two funds in isolation.
Whichever of SCHD and SIXS 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 SIXS?
SCHD has an expense ratio of 0.06% while SIXS charges 0.50%. SCHD is the cheaper option, by $44 a year on a $10,000 investment.
Which performed better, SCHD or SIXS?
Over the past year SCHD returned +25.92% vs +12.45% for SIXS, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), SCHD annualized +14.62% vs +13.86% for SIXS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SIXS?
SIXS has been the more volatile fund at 17.6% annualized versus 15.2% for SCHD. Worst drawdown: SCHD -16.9% vs SIXS -27.7%.
Should I hold both SCHD and SIXS?
SCHD and SIXS have a monthly-return correlation of 0.78, 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 SIXS?
6.8% of SIXS's money is in holdings SCHD also owns. 6.8% of SIXS's is in holdings SCHD also owns. They hold 6 positions in common, counted across the 100 positions we hold weights for in SCHD and 84 in SIXS.
Which pays a higher dividend, SCHD or SIXS?
SCHD yields 3.00% while SIXS yields 1.80%, so SCHD currently pays the higher dividend yield.
Is SIXS better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SIXS is less concentrated, with 19.2% 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.