SCHD vs SPC
Schwab US Dividend Equity ETF vs CrossingBridge Pre-Merger SPAC ETF
Which is better, SCHD or SPC?
Large Cap Value against Small Cap Growth.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 55.0%.
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 | SPC |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.87% |
| AUM | $112.1B | $22M |
| Dividend Yield | 3.00% | 5.11% |
| Holdings | 103 | 35 |
| Volatility (annualized) | 15.0% | 7.3%Best |
| Max Drawdown | -16.9% | -16.1%Best |
| $10,000 over 4.4 years | $14,013Best | $11,229 |
| Top 10 Weight | 41.8%Best | 55.0% |
| Fund Family | Charles Schwab Asset Management | CrossingBridge |
| Category | Equity | Equity |
| Style | Large Cap Value | Small Cap Growth |
| Inception | Oct 20, 2011 | Sep 20, 2021 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 239 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. SCHD has data through Sep 23, 2026 and SPC through Jan 27, 2026.
Volatility and max drawdown, and the $10,000 over 4.4 years row, are measured over the window both funds cover: Sep 21, 2021 to Jan 27, 2026 (4.4 years).
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 15.0% compared with 7.3% for SPC. 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 -16.9% for SCHD and -16.1% for SPC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.08. They move largely independently of each other.
Fees and Cost Over Time
SCHD charges 0.06% per year while SPC charges 0.87%. On a $10,000 position that is $6 vs $87 annually, a gap of $81 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 5.11% for SPC.
Holdings Overlap
We hold position weights for 100 holdings in SCHD and 32 in SPC, totalling 100.0% and 101.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 335 days apart, SCHD as of Aug 31, 2026 and SPC as of Sep 30, 2025, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 100 positions we hold weights for in SCHD and 32 in SPC, against full books of 103 and 35.
What only one of them owns
Our book lists 22 positions for SPC that do not appear in our book for SCHD (63.8% of the fund), and 99 for SCHD that do not appear in SPC (99.9%).
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.
You are not choosing between two funds in isolation.
Whichever of SCHD and SPC 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 SPC?
SCHD has an expense ratio of 0.06% while SPC charges 0.87%. SCHD is the cheaper option, by $81 a year on a $10,000 investment.
Which is riskier, SCHD or SPC?
SCHD has been the more volatile fund at 15.0% annualized versus 7.3% for SPC. Worst drawdown: SCHD -16.9% vs SPC -16.1%.
Should I hold both SCHD and SPC?
SCHD and SPC have a monthly-return correlation of -0.08, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SCHD or SPC?
SCHD yields 3.00% while SPC yields 5.11%, so SPC currently pays the higher dividend yield.
Is SPC better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 55.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.