SCHD vs SPAM
Schwab US Dividend Equity ETF vs Themes Cybersecurity ETF
Which is better, SCHD or SPAM?
Large Cap Value against Large Cap Blend.
SCHD has a lower expense ratio. SPAM led over 1Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 49.3%.
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 | SPAM |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.35% |
| AUM | $112.1B | $5M |
| Dividend Yield | 3.00% | 0.33% |
| Holdings | 103 | 45 |
| YTD Return | +21.33% | +57.21%Best |
| 1Y Return | +25.15% | +36.71%Best |
| 3Y Return (annualized) | +15.43% | - |
| 5Y Return (annualized) | +9.32% | - |
| Volatility (annualized) | 13.2%Best | 23.1% |
| Max Drawdown | -16.1%Best | -24.0% |
| $10,000 over 2.8 years | $15,010 | $19,070Best |
| Top 10 Weight | 41.8%Best | 49.3% |
| Fund Family | Charles Schwab Asset Management | Themes ETFs |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 20, 2011 | Dec 8, 2023 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 8, 2023 to Sep 24, 2026 (2.8 years).
SCHD vs SPAM 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 SPAM Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Themes Cybersecurity ETF (SPAM) is an ETF from Themes ETFs. Over the past year SCHD returned +25.15% while SPAM returned +36.71%. Year to date, SCHD is up 21.33% versus a gain of 57.21% for SPAM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPAM has been the more volatile fund, with annualized monthly volatility of 23.1% 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 -24.0% for SPAM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.02. They move largely independently of each other.
Fees and Cost Over Time
SCHD charges 0.06% per year while SPAM 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 0.33% for SPAM.
Holdings Overlap
0.2% of SCHD's money is in holdings SPAM also owns. 5.1% of SPAM's money is in holdings SCHD also owns.
SPAM and SCHD share little of their money.
1 positions in common, counted across the 100 positions we hold weights for in SCHD and 36 in SPAM, against full books of 103 and 45.
What only one of them owns
Our book lists 27 positions for SPAM that do not appear in our book for SCHD (78.3% of the fund), and 98 for SCHD that do not appear in SPAM (99.7%).
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 SPAM | Difference |
|---|---|---|---|
| BAHBooz Allen Hamilton Holding Corp. | 0.22% | 5.10% | 4.88% |
You are not choosing between two funds in isolation.
Whichever of SCHD and SPAM 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 SPAM?
SCHD has an expense ratio of 0.06% while SPAM charges 0.35%. SCHD is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, SCHD or SPAM?
Over the past year SCHD returned +25.15% vs +36.71% for SPAM, so SPAM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SPAM?
SPAM has been the more volatile fund at 23.1% annualized versus 13.2% for SCHD. Worst drawdown: SCHD -16.1% vs SPAM -24.0%.
Should I hold both SCHD and SPAM?
SCHD and SPAM have a monthly-return correlation of 0.02, 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 SPAM?
5.1% of SPAM's money is in holdings SCHD also owns. 5.1% of SPAM's is in holdings SCHD also owns. They hold 1 positions in common, counted across the 100 positions we hold weights for in SCHD and 36 in SPAM.
Which pays a higher dividend, SCHD or SPAM?
SCHD yields 3.00% while SPAM yields 0.33%, so SCHD currently pays the higher dividend yield.
Is SPAM better than SCHD?
SCHD has a lower expense ratio. SPAM led over 1Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 49.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.