SCHD vs SMCF
Schwab US Dividend Equity ETF vs Themes US Small Cap Cash Flow Champions ETF
Which is better, SCHD or SMCF?
Large Cap Value against Small Cap Blend.
SCHD has a lower expense ratio. SCHD led over 1Y, SMCF over the full window. SMCF is less concentrated, with 35.7% 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 | SMCF |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.29% |
| AUM | $112.1B | $3M |
| Dividend Yield | 3.00% | 3.23% |
| Holdings | 103 | 76 |
| YTD Return | +21.99%Best | +17.62% |
| 1Y Return | +25.92%Best | +19.98% |
| 3Y Return (annualized) | +15.66% | - |
| 5Y Return (annualized) | +9.48% | - |
| Volatility (annualized) | 12.9%Best | 17.6% |
| Max Drawdown | -16.1%Best | -28.0% |
| $10,000 over 2.8 years | $14,938 | $15,929Best |
| Top 10 Weight | 41.8% | 35.7%Best |
| Fund Family | Charles Schwab Asset Management | Themes ETFs |
| Category | Equity | Equity |
| Style | Large Cap Value | Small Cap Blend |
| Inception | Oct 20, 2011 | Dec 13, 2023 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 13, 2023 to Sep 21, 2026 (2.8 years).
SCHD vs SMCF 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 2.8 years both funds cover.
SCHD vs SMCF Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Themes US Small Cap Cash Flow Champions ETF (SMCF) is an ETF from Themes ETFs. Over the past year SCHD returned +25.92% while SMCF returned +19.98%. Year to date, SCHD is up 21.99% versus a gain of 17.62% for SMCF.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SMCF has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 12.9% 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 -16.1% for SCHD and -28.0% for SMCF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while SMCF charges 0.29%. On a $10,000 position that is $6 vs $29 annually, a gap of $23 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 3.23% for SMCF.
Holdings Overlap
1.0% of SCHD's money is in holdings SMCF also owns. 12.7% of SMCF's money is in holdings SCHD also owns.
SMCF and SCHD share little of their money.
7 positions in common, counted across the 100 positions we hold weights for in SCHD and 75 in SMCF, against full books of 103 and 76.
What only one of them owns
Our book lists 60 positions for SMCF that do not appear in our book for SCHD (79.4% of the fund), and 93 for SCHD that do not appear in SMCF (99.0%).
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 SMCF | Difference |
|---|---|---|---|
| DINOHF Sinclair Corp | 0.38% | 4.88% | 4.50% |
| FNFFidelity Nationa | 0.29% | 3.73% | 3.44% |
| OZKBank Ozk | 0.12% | 1.65% | 1.53% |
| APAMArtisan Partners Asset Management, Inc. | 0.07% | 0.82% | 0.75% |
| OFG:PROfg Bancorp Common Stock | 0.05% | 0.69% | 0.64% |
| NBHCNational Bank Holdings Corp Class A | 0.05% | 0.58% | 0.53% |
| CNACna Financial Corp | 0.03% | 0.32% | 0.29% |
You are not choosing between two funds in isolation.
Whichever of SCHD and SMCF 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 SMCF?
SCHD has an expense ratio of 0.06% while SMCF charges 0.29%. SCHD is the cheaper option, by $23 a year on a $10,000 investment.
Which performed better, SCHD or SMCF?
Over the past year SCHD returned +25.92% vs +19.98% for SMCF, 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 SMCF?
SMCF has been the more volatile fund at 17.6% annualized versus 12.9% for SCHD. Worst drawdown: SCHD -16.1% vs SMCF -28.0%.
Should I hold both SCHD and SMCF?
SCHD and SMCF have a monthly-return correlation of 0.70, 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 SMCF?
12.7% of SMCF's money is in holdings SCHD also owns. 12.7% of SMCF's is in holdings SCHD also owns. They hold 7 positions in common, counted across the 100 positions we hold weights for in SCHD and 75 in SMCF.
Which pays a higher dividend, SCHD or SMCF?
SCHD yields 3.00% while SMCF yields 3.23%, so SMCF currently pays the higher dividend yield.
Is SMCF better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, SMCF over the full window. SMCF is less concentrated, with 35.7% 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.