SCHD vs SMIN
Schwab US Dividend Equity ETF vs iShares MSCI India Small-Cap ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SMIN offers more diversification with 458 holdings.
Side-by-Side Comparison
| Metric | SCHD | SMIN | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.74% | |
| AUM | $103.7B | $750M | |
| Dividend Yield | 3.31% | 0.00% | |
| Holdings | 104 | 467 | |
| YTD Return | +24.26% | +2.69% | |
| 1Y Return | +31.38% | +1.23% | |
| 3Y Return (annualized) | +15.08% | +8.98% | |
| 5Y Return (annualized) | +9.72% | +7.03% | |
| Volatility (annualized) | 13.6% | 26.4% | |
| Max Drawdown | -33.4% | -60.5% | |
| Fund Family | Charles Schwab Asset Management | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Feb 8, 2012 |
SCHD vs SMIN Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and iShares MSCI India Small-Cap ETF (SMIN) is a ETF from iShares by BlackRock (US). Over the past year SCHD returned +31.38% while SMIN returned +1.23%. Year to date, SCHD is up 24.26% versus a gain of 2.69% for SMIN.
Over three years, SCHD compounded at +15.08% per year against +8.98% for SMIN; over five years the annualized figures are +9.72% and +7.03% respectively. Across the full 15-year window we track, SCHD has the edge at +11.39% annualized vs +8.98%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SMIN has been the more volatile fund, with annualized monthly volatility of 26.4% compared with 13.6% 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 -33.4% for SCHD and -60.5% for SMIN. 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 0.34. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while SMIN charges 0.74%. On a $10,000 position that is $6 vs $74 annually, a gap of $68 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.00% for SMIN.
Holdings Overlap
SCHD and SMIN share 0 holdings out of 558 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 SMIN?
SCHD has an expense ratio of 0.06% while SMIN charges 0.74%. SCHD is the cheaper option. On a $10,000 investment, that is $68 per year of difference.
Which performed better, SCHD or SMIN?
Over the past year SCHD returned +31.38% vs +1.23% for SMIN, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.39% vs +8.98% for SMIN. Past performance does not guarantee future results.
Which is riskier, SCHD or SMIN?
SMIN has been the more volatile fund at 26.4% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs SMIN -60.5%.
Should I hold both SCHD and SMIN?
SCHD and SMIN have a monthly-return correlation of 0.34, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and SMIN?
SCHD and SMIN share 0 common holdings with a 0.0% weight overlap. Combined, they hold 558 unique securities.
Which pays a higher dividend, SCHD or SMIN?
SCHD yields 3.31% while SMIN yields 0.00%, so SCHD currently pays the higher dividend yield.
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