SCHD vs SPUS

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SPUS offers more diversification with 218 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SPUS

Side-by-Side Comparison

MetricSCHDSPUSWinner
Expense Ratio0.06%0.45%
AUM$103.7B$2.8B
Dividend Yield3.31%0.72%
Holdings104216
YTD Return+24.26%+15.90%
1Y Return+31.38%+28.59%
3Y Return (annualized)+15.08%+23.39%
5Y Return (annualized)+9.72%+15.48%
Volatility (annualized)13.6%18.1%
Max Drawdown-33.4%-30.8%
Fund FamilyCharles Schwab Asset ManagementSP Funds
CategoryEquityEquity
InceptionOct 20, 2011Dec 17, 2019

SCHD vs SPUS Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) is a ETF from SP Funds. Over the past year SCHD returned +31.38% while SPUS returned +28.59%. Year to date, SCHD is up 24.26% versus a gain of 15.90% for SPUS.

Over three years, SCHD compounded at +15.08% per year against +23.39% for SPUS; over five years the annualized figures are +9.72% and +15.48% respectively. Across the full 7-year window we track, SPUS has the edge at +18.59% annualized vs +11.39%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SPUS has been the more volatile fund, with annualized monthly volatility of 18.1% compared with 13.6% 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 -33.4% for SCHD and -30.8% for SPUS. 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 0.66. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SCHD charges 0.06% per year while SPUS charges 0.45%. On a $10,000 position that is $6 vs $45 annually, a gap of $39 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.72% for SPUS.

Holdings Overlap

7.1%overlap

SCHD and SPUS share 20 holdings out of 298 unique holdings combined, representing a 7.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SCHDWeight in SPUSDifference
MRK4.32%0.89%3.43%
PG4.15%0.95%3.20%
HD4.16%0.92%3.24%
ABTProProPro
TXNProProPro
PEPProProPro
COPProProPro
QCOMProProPro
ACNProProPro
UPSProProPro
See all 10 holdings SCHD shares with SPUS
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Frequently Asked Questions

Which is cheaper, SCHD or SPUS?

SCHD has an expense ratio of 0.06% while SPUS charges 0.45%. SCHD is the cheaper option. On a $10,000 investment, that is $39 per year of difference.

Which performed better, SCHD or SPUS?

Over the past year SCHD returned +31.38% vs +28.59% for SPUS, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), SCHD annualized +11.39% vs +18.59% for SPUS. Past performance does not guarantee future results.

Which is riskier, SCHD or SPUS?

SPUS has been the more volatile fund at 18.1% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs SPUS -30.8%.

Should I hold both SCHD and SPUS?

SCHD and SPUS have a monthly-return correlation of 0.66, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SCHD and SPUS?

SCHD and SPUS share 20 common holdings with a 7.1% weight overlap. Combined, they hold 298 unique securities.

Which pays a higher dividend, SCHD or SPUS?

SCHD yields 3.31% while SPUS yields 0.72%, so SCHD currently pays the higher dividend yield.

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