SCHD vs SPIN
SCHD vs SPIN
Schwab US Dividend Equity ETF vs State Street US Equity Premium Income ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | SCHD | SPIN | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.25% | |
| AUM | $103.7B | $46M | |
| Dividend Yield | 3.31% | 5.68% | |
| Holdings | 104 | 197 | |
| YTD Return | +24.26% | +3.81% | |
| 1Y Return | +31.38% | +12.52% | |
| 3Y Return (annualized) | +15.08% | - | |
| 5Y Return (annualized) | +9.72% | - | |
| Volatility (annualized) | 13.6% | 9.5% | |
| Max Drawdown | -33.4% | -16.9% | |
| Fund Family | Charles Schwab Asset Management | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Sep 4, 2024 |
SCHD vs SPIN Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and State Street US Equity Premium Income ETF (SPIN) is a ETF from State Street Investment Management. Over the past year SCHD returned +31.38% while SPIN returned +12.52%. Year to date, SCHD is up 24.26% versus a gain of 3.81% for SPIN.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 9.5% for SPIN. 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 -16.9% for SPIN. 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 SPIN charges 0.25%. On a $10,000 position that is $6 vs $25 annually, a gap of $19 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 5.68% for SPIN.
Holdings Overlap
SCHD and SPIN share 8 holdings out of 190 unique holdings combined, representing a 5.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in SPIN | Difference |
|---|---|---|---|
| HD | 4.16% | 1.42% | 2.74% |
| ABT | 4.49% | 0.51% | 3.98% |
| MRK | 4.32% | 0.62% | 3.70% |
| PG | Pro | Pro | Pro |
| CVX | Pro | Pro | Pro |
| TXN | Pro | Pro | Pro |
| PEP | Pro | Pro | Pro |
| RF | Pro | Pro | Pro |
See all 8 holdings SCHD shares with SPIN Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, SCHD or SPIN?
SCHD has an expense ratio of 0.06% while SPIN charges 0.25%. SCHD is the cheaper option. On a $10,000 investment, that is $19 per year of difference.
Which performed better, SCHD or SPIN?
Over the past year SCHD returned +31.38% vs +12.52% for SPIN, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), SCHD annualized +11.39% vs +12.44% for SPIN. Past performance does not guarantee future results.
Which is riskier, SCHD or SPIN?
SCHD has been the more volatile fund at 13.6% annualized versus 9.5% for SPIN. Worst drawdown: SCHD -33.4% vs SPIN -16.9%.
Should I hold both SCHD and SPIN?
SCHD and SPIN 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 SPIN?
SCHD and SPIN share 8 common holdings with a 5.3% weight overlap. Combined, they hold 190 unique securities.
Which pays a higher dividend, SCHD or SPIN?
SCHD yields 3.31% while SPIN yields 5.68%, so SPIN currently pays the higher dividend yield.
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