SCHD vs SPUS
Schwab US Dividend Equity ETF vs SP Funds S&P 500 Sharia Industry Exclusions ETF
Which is better, SCHD or SPUS?
Large Cap Value against Large Cap Growth.
SCHD has a lower expense ratio. SCHD led over 1Y, SPUS over 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 57.0%.
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 | SPUS |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.45% |
| AUM | $112.1B | $3.1B |
| Dividend Yield | 3.00% | 0.52% |
| Holdings | 103 | 219 |
| YTD Return | +24.23%Best | +14.99% |
| 1Y Return | +27.90%Best | +22.25% |
| 3Y Return (annualized) | +15.55% | +23.25%Best |
| 5Y Return (annualized) | +9.97% | +15.04%Best |
| Volatility (annualized) | 16.8%Best | 18.0% |
| Max Drawdown | -33.4% | -30.8%Best |
| $10,000 over 5 years | $16,083 | $20,149Best |
| Top 10 Weight | 41.8%Best | 57.0% |
| Fund Family | Charles Schwab Asset Management | SP Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Oct 20, 2011 | Dec 17, 2019 |
Volatility and max drawdown are measured over the window both funds cover: Dec 18, 2019 to Sep 17, 2026 (6.7 years).
SCHD vs SPUS 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 6.7 years both funds cover.
SCHD vs SPUS Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) is an ETF from SP Funds. Over the past year SCHD returned +27.90% while SPUS returned +22.25%. Year to date, SCHD is up 24.23% versus a gain of 14.99% for SPUS.
Over three years, SCHD compounded at +15.55% per year against +23.25% for SPUS; over five years the annualized figures are +9.97% and +15.04% respectively. Across the full 7-year window we track, SPUS has the edge at +18.12% annualized vs +11.97%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPUS has been the more volatile fund, with annualized monthly volatility of 18.0% compared with 16.8% 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 what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.66. They move together some of the time, and apart the rest.
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 3.00% against 0.52% for SPUS.
Holdings Overlap
45.5% of SCHD's money is in holdings SPUS also owns. 6.8% of SPUS's money is in holdings SCHD also owns.
The two portfolios partly overlap.
19 positions in common, counted across the 100 positions we hold weights for in SCHD and 218 in SPUS, against full books of 103 and 219.
What only one of them owns
Our book lists 196 positions for SPUS that do not appear in our book for SCHD (92.6% of the fund), and 80 for SCHD that do not appear in SPUS (54.5%).
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 SPUS | Difference |
|---|---|---|---|
| MRKMerck & Company Inc | 4.77% | 0.97% | 3.80% |
| ABTAbbott Laboratories | 4.69% | 0.50% | 4.19% |
| PGProcter & Gamble Company | 3.83% | 0.90% | 2.93% |
| HDHome Depot Inc/The | 3.88% | 0.83% | 3.05% |
| COPConocophillips Common Stock USD 0.01 | 3.94% | 0.43% | 3.51% |
| PEPPepsico Inc. | 3.64% | 0.50% | 3.14% |
| TXNTexas Instrument Inc | 3.13% | 0.60% | 2.53% |
| ACNAccenture Plc | 2.84% | 0.30% | 2.54% |
| QCOMQualcomm Inc. | 2.52% | 0.46% | 2.06% |
| SLBSchlumberger Nv. | 2.19% | 0.23% | 1.96% |
45.5% of SCHD is already inside SPUS.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
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, by $39 a year on a $10,000 investment.
Which performed better, SCHD or SPUS?
Over the past year SCHD returned +27.90% vs +22.25% for SPUS, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), SCHD annualized +11.97% vs +18.12% for SPUS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SPUS?
SPUS has been the more volatile fund at 18.0% annualized versus 16.8% 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 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 SPUS?
45.5% of SCHD's money is in holdings SPUS also owns. 6.8% of SPUS's is in holdings SCHD also owns. They hold 19 positions in common, counted across the 100 positions we hold weights for in SCHD and 218 in SPUS.
Which pays a higher dividend, SCHD or SPUS?
SCHD yields 3.00% while SPUS yields 0.52%, so SCHD currently pays the higher dividend yield.
Is SPUS better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, SPUS over 3Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 57.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.