SCHD vs SMHX
Schwab US Dividend Equity ETF vs VanEck Fabless Semiconductor ETF
Which is better, SCHD or SMHX?
Large Cap Value against Large Cap Blend.
SCHD has a lower expense ratio. SMHX led over 1Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 73.8%.
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 | SMHX |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.35% |
| AUM | $108.9B | $272M |
| Dividend Yield | 3.00% | 0.02% |
| Holdings | 206 | 46 |
| YTD Return | +20.89% | +61.77%Best |
| 1Y Return | +23.87% | +62.43%Best |
| 3Y Return (annualized) | +16.42% | - |
| 5Y Return (annualized) | +9.40% | - |
| Volatility (annualized) | 13.8%Best | 36.5% |
| Max Drawdown | -16.1%Best | -38.5% |
| $10,000 over 2.1 years | $12,754 | $25,521Best |
| Top 10 Weight | 41.8%Best | 73.8% |
| Fund Family | Charles Schwab Asset Management | VanEck |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 20, 2011 | Aug 27, 2024 |
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Aug 28, 2024 to Oct 2, 2026 (2.1 years).
SCHD vs SMHX 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 2.1 years both funds cover.
SCHD vs SMHX Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and VanEck Fabless Semiconductor ETF (SMHX) is an ETF from VanEck. Over the past year SCHD returned +23.87% while SMHX returned +62.43%. Year to date, SCHD is up 20.89% versus a gain of 61.77% for SMHX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SMHX has been the more volatile fund, with annualized monthly volatility of 36.5% compared with 13.8% 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 -16.1% for SCHD and -38.5% for SMHX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.03. They move largely independently of each other.
Fees and Cost Over Time
SCHD charges 0.06% per year while SMHX 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 3.00% against 0.02% for SMHX.
Holdings Overlap
2.8% of SCHD's money is in holdings SMHX also owns. 5.0% of SMHX's money is in holdings SCHD also owns.
SMHX and SCHD share little of their money.
1 positions in common, counted across the 99 positions we hold weights for in SCHD and 22 in SMHX, against full books of 206 and 46.
What only one of them owns
Our book lists 21 positions for SMHX that do not appear in our book for SCHD (94.9% of the fund), and 97 for SCHD that do not appear in SMHX (97.2%).
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 SMHX | Difference |
|---|---|---|---|
| QCOMQualcomm Inc. | 2.76% | 4.99% | 2.23% |
You are not choosing between two funds in isolation.
Whichever of SCHD and SMHX 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 SMHX?
SCHD has an expense ratio of 0.06% while SMHX charges 0.35%. SCHD is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, SCHD or SMHX?
Over the past year SCHD returned +23.87% vs +62.43% for SMHX, so SMHX leads on 1-year performance. Over the longest common window we track (2 years), SCHD annualized +12.28% vs +56.23% for SMHX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SMHX?
SMHX has been the more volatile fund at 36.5% annualized versus 13.8% for SCHD. Worst drawdown: SCHD -16.1% vs SMHX -38.5%.
Should I hold both SCHD and SMHX?
SCHD and SMHX have a monthly-return correlation of -0.03, 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 SMHX?
5.0% of SMHX's money is in holdings SCHD also owns. 5.0% of SMHX's is in holdings SCHD also owns. They hold 1 positions in common, counted across the 99 positions we hold weights for in SCHD and 22 in SMHX.
Which pays a higher dividend, SCHD or SMHX?
SCHD yields 3.00% while SMHX yields 0.02%, so SCHD currently pays the higher dividend yield.
Is SMHX better than SCHD?
SCHD has a lower expense ratio. SMHX led over 1Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 73.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.