SCHD vs SPCX
Schwab US Dividend Equity ETF vs The SPAC and New Issue ETF
Which is better, SCHD or SPCX?
Large Cap Value against Multi Alternative.
SCHD has a lower expense ratio. SCHD led over 1Y.
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 | SPCX |
|---|---|---|
| Expense Ratio | 0.06%Best | 2.32% |
| AUM | $108.9B | $7M |
| Dividend Yield | 3.00% | 16.50% |
| Holdings | 206 | 42 |
| YTD Return | +22.89%Best | +1.53% |
| 1Y Return | +29.27% | - |
| 3Y Return (annualized) | +16.56% | - |
| 5Y Return (annualized) | +9.63% | - |
| Fund Family | Charles Schwab Asset Management | AXS Investments |
| Category | Equity | Alternative |
| Style | Large Cap Value | Multi Alternative |
| Inception | Oct 20, 2011 | Dec 15, 2020 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
SCHD vs SPCX 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
SCHD vs SPCX Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and The SPAC and New Issue ETF (SPCX) is an ETF from AXS Investments. Year to date, SCHD is up 22.89% versus a gain of 1.53% for SPCX.
Past performance does not guarantee future results.
Fees and Cost Over Time
SCHD charges 0.06% per year while SPCX charges 2.32%. On a $10,000 position that is $6 vs $232 annually, a gap of $226 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 16.50% for SPCX.
Holdings Overlap
We hold position weights for 99 holdings in SCHD and 36 in SPCX, totalling 100.0% and 94.0% 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 287 days apart, SCHD as of Sep 11, 2026 and SPCX as of Nov 28, 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 99 positions we hold weights for in SCHD and 36 in SPCX, against full books of 206 and 42.
You are not choosing between two funds in isolation.
Whichever of SCHD and SPCX 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 SPCX?
SCHD has an expense ratio of 0.06% while SPCX charges 2.32%. SCHD is the cheaper option, by $226 a year on a $10,000 investment.
Which pays a higher dividend, SCHD or SPCX?
SCHD yields 3.00% while SPCX yields 16.50%, so SPCX currently pays the higher dividend yield.
Is SPCX better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.