SCHD vs SMRI
Schwab US Dividend Equity ETF vs Bushido Capital US Equity ETF
Which is better, SCHD or SMRI?
Large Cap Value against Large Cap Blend.
SCHD has a lower expense ratio. SMRI led over 1Y and the full window. SMRI is less concentrated, with 25.5% 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 | SMRI |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.71% |
| AUM | $112.1B | $720M |
| Dividend Yield | 3.00% | 0.78% |
| Holdings | 103 | 52 |
| YTD Return | +24.59% | +31.43%Best |
| 1Y Return | +28.14% | +40.03%Best |
| 3Y Return (annualized) | +15.58% | - |
| 5Y Return (annualized) | +9.90% | - |
| Volatility (annualized) | 13.2%Best | 16.0% |
| Max Drawdown | -16.1%Best | -18.1% |
| $10,000 over 2.6 years | $14,555 | $18,464Best |
| Top 10 Weight | 41.8% | 25.5%Best |
| Fund Family | Charles Schwab Asset Management | Bushido Capital |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 20, 2011 | Sep 14, 2023 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Feb 7, 2024 to Sep 10, 2026 (2.6 years).
SCHD vs SMRI 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 2.6 years both funds cover.
SCHD vs SMRI Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Bushido Capital US Equity ETF (SMRI) is an ETF from Bushido Capital. Over the past year SCHD returned +28.14% while SMRI returned +40.03%. Year to date, SCHD is up 24.59% versus a gain of 31.43% for SMRI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SMRI has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 13.2% 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 -18.1% for SMRI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while SMRI charges 0.71%. On a $10,000 position that is $6 vs $71 annually, a gap of $65 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.78% for SMRI.
Holdings Overlap
21.1% of SCHD's money is in holdings SMRI also owns. 15.8% of SMRI's money is in holdings SCHD also owns.
SCHD and SMRI share little of their money.
8 positions in common, counted across the 100 positions we hold weights for in SCHD and 51 in SMRI, against full books of 103 and 52.
What only one of them owns
Our book lists 42 positions for SMRI that do not appear in our book for SCHD (82.3% of the fund), and 91 for SCHD that do not appear in SMRI (78.8%).
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 SMRI | Difference |
|---|---|---|---|
| MRKMerck & Co. Inc. | 4.77% | 2.05% | 2.72% |
| COPConocophillips Co | 3.94% | 2.00% | 1.94% |
| ACNAccenture Plc | 2.84% | 2.47% | 0.37% |
| ADPAutomatic Data Processing, Inc. | 2.79% | 2.15% | 0.64% |
| QCOMQualcomm Inc. | 2.52% | 1.39% | 1.13% |
| EOGEog Resources Inc | 1.88% | 1.79% | 0.09% |
| DVNDevon Energy Corp. | 1.36% | 1.85% | 0.49% |
| PAYXPaychex, Inc. | 1.00% | 2.15% | 1.15% |
21.1% of SCHD is already inside SMRI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SCHD or SMRI?
SCHD has an expense ratio of 0.06% while SMRI charges 0.71%. SCHD is the cheaper option, by $65 a year on a $10,000 investment.
Which performed better, SCHD or SMRI?
Over the past year SCHD returned +28.14% vs +40.03% for SMRI, so SMRI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SMRI?
SMRI has been the more volatile fund at 16.0% annualized versus 13.2% for SCHD. Worst drawdown: SCHD -16.1% vs SMRI -18.1%.
Should I hold both SCHD and SMRI?
SCHD and SMRI have a monthly-return correlation of 0.68, 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 SMRI?
21.1% of SCHD's money is in holdings SMRI also owns. 15.8% of SMRI's is in holdings SCHD also owns. They hold 8 positions in common, counted across the 100 positions we hold weights for in SCHD and 51 in SMRI.
Which pays a higher dividend, SCHD or SMRI?
SCHD yields 3.00% while SMRI yields 0.78%, so SCHD currently pays the higher dividend yield.
Is SMRI better than SCHD?
SCHD has a lower expense ratio. SMRI led over 1Y and the full window. SMRI is less concentrated, with 25.5% 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.