SCHD vs SLQD
Schwab US Dividend Equity ETF vs iShares 0-5 Year Investment Grade Corporate Bond ETF
Which is better, SCHD or SLQD?
SCHD has been ahead.
SCHD led over 1Y, 3Y, 5Y and the full window.
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 | SLQD |
|---|---|---|
| Expense Ratio | 0.06%Tie | 0.06%Tie |
| AUM | $112.1B | $2.4B |
| Dividend Yield | 3.00% | 4.37% |
| Holdings | 103 | 3,046 |
| YTD Return | +21.33%Best | +0.46% |
| 1Y Return | +25.15%Best | +1.75% |
| 3Y Return (annualized) | +15.43%Best | +5.23% |
| 5Y Return (annualized) | +9.32%Best | +2.51% |
| Volatility (annualized) | 14.3% | 2.3%Best |
| Max Drawdown | -33.4% | -12.7%Best |
| $10,000 over 5 years | $15,613Best | $11,320 |
| Fund Family | Charles Schwab Asset Management | iShares by BlackRock (US) |
| Category | Equity | Fixed Income |
| Style | Large Cap Value | - |
| Inception | Oct 20, 2011 | Oct 15, 2013 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 17, 2013 to Sep 24, 2026 (12.9 years).
SCHD vs SLQD 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
SCHD vs SLQD Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) is an ETF from iShares by BlackRock (US). Over the past year SCHD returned +25.15% while SLQD returned +1.75%. Year to date, SCHD is up 21.33% versus a gain of 0.46% for SLQD.
Over three years, SCHD compounded at +15.43% per year against +5.23% for SLQD; over five years the annualized figures are +9.32% and +2.51% respectively. Across the full 13-year window we track, SCHD has the edge at +10.11% annualized vs +1.31%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.3% compared with 2.3% for SLQD. 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 -12.7% for SLQD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while SLQD charges 0.06%. On a $10,000 position that is $6 vs $6 annually. On income, SCHD currently yields 3.00% against 4.37% for SLQD.
Holdings Overlap
We hold position weights for 100 holdings in SCHD and 1,336 in SLQD, totalling 100.0% and 54.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 100 positions we hold weights for in SCHD and 1,336 in SLQD, against full books of 103 and 3,046.
You are not choosing between two funds in isolation.
Whichever of SCHD and SLQD 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 SLQD?
SCHD has an expense ratio of 0.06% while SLQD charges 0.06%. At the precision these are quoted to, they cost the same.
Which performed better, SCHD or SLQD?
Over the past year SCHD returned +25.15% vs +1.75% for SLQD, so SCHD leads on 1-year performance. Over the longest common window we track (13 years), SCHD annualized +10.11% vs +1.31% for SLQD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SLQD?
SCHD has been the more volatile fund at 14.3% annualized versus 2.3% for SLQD. Worst drawdown: SCHD -33.4% vs SLQD -12.7%.
Should I hold both SCHD and SLQD?
SCHD and SLQD have a monthly-return correlation of 0.45, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SCHD or SLQD?
SCHD yields 3.00% while SLQD yields 4.37%, so SLQD currently pays the higher dividend yield.
Is SLQD better than SCHD?
SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.