SCHD vs SJLD
Schwab US Dividend Equity ETF vs SanJac Alpha Low Duration ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | SCHD | SJLD | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.35% | |
| AUM | $103.7B | $3M | |
| Dividend Yield | 3.31% | 4.43% | |
| Holdings | 104 | 13 | |
| YTD Return | +24.26% | +2.34% | |
| 1Y Return | +31.38% | +4.09% | |
| 3Y Return (annualized) | +15.08% | - | |
| 5Y Return (annualized) | +9.72% | - | |
| Volatility (annualized) | 13.6% | 1.9% | |
| Max Drawdown | -33.4% | -1.0% | |
| Fund Family | Charles Schwab Asset Management | SanJac Alpha | |
| Category | Equity | Fixed Income | |
| Inception | Oct 20, 2011 | Sep 9, 2024 |
SCHD vs SJLD Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and SanJac Alpha Low Duration ETF (SJLD) is a ETF from SanJac Alpha. Over the past year SCHD returned +31.38% while SJLD returned +4.09%. Year to date, SCHD is up 24.26% versus a gain of 2.34% for SJLD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 1.9% for SJLD. 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 -1.0% for SJLD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.01. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while SJLD charges 0.35%. On a $10,000 position that is $6 vs $35 annually, a gap of $29 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 4.43% for SJLD.
Holdings Overlap
SCHD and SJLD share 0 holdings out of 108 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SCHD or SJLD?
SCHD has an expense ratio of 0.06% while SJLD charges 0.35%. SCHD is the cheaper option. On a $10,000 investment, that is $29 per year of difference.
Which performed better, SCHD or SJLD?
Over the past year SCHD returned +31.38% vs +4.09% for SJLD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), SCHD annualized +11.39% vs +5.65% for SJLD. Past performance does not guarantee future results.
Which is riskier, SCHD or SJLD?
SCHD has been the more volatile fund at 13.6% annualized versus 1.9% for SJLD. Worst drawdown: SCHD -33.4% vs SJLD -1.0%.
Should I hold both SCHD and SJLD?
SCHD and SJLD have a monthly-return correlation of 0.01, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and SJLD?
SCHD and SJLD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 108 unique securities.
Which pays a higher dividend, SCHD or SJLD?
SCHD yields 3.31% while SJLD yields 4.43%, so SJLD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.