SCHD vs SPXD
Schwab US Dividend Equity ETF vs Xtrackers S&P 500 Diversified Sector Weight ETF
Which is better, SCHD or SPXD?
Large Cap Value against Large Cap Blend.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SPXD is less concentrated, with 15.6% of the fund in its ten largest positions against 41.5%.
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 | SPXD |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.09% |
| AUM | $112.2B | $7M |
| Dividend Yield | 3.13% | 1.38% |
| Holdings | 103 | 507 |
| YTD Return | +26.13%Best | +14.26% |
| 1Y Return | +30.01%Best | +19.04% |
| 3Y Return (annualized) | +16.09% | - |
| 5Y Return (annualized) | +9.95% | - |
| Volatility (annualized) | 12.8% | 9.4%Best |
| Max Drawdown | -4.6%Best | -7.5% |
| $10,000 over 1.1 years | $12,998Best | $12,010 |
| Top 10 Weight | 41.5% | 15.6%Best |
| Fund Family | Charles Schwab Asset Management | Xtrackers ETFs |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 20, 2011 | Jul 23, 2025 |
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Jul 24, 2025 to Sep 8, 2026 (1.1 years).
SCHD vs SPXD 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 1.1 years both funds cover.
SCHD vs SPXD Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Xtrackers S&P 500 Diversified Sector Weight ETF (SPXD) is an ETF from Xtrackers ETFs. Over the past year SCHD returned +30.01% while SPXD returned +19.04%. Year to date, SCHD is up 26.13% versus a gain of 14.26% for SPXD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 12.8% compared with 9.4% for SPXD. 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 -4.6% for SCHD and -7.5% for SPXD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while SPXD charges 0.09%. On a $10,000 position that is $6 vs $9 annually, a gap of $3 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 1.38% for SPXD.
Holdings Overlap
94.6% of SCHD's money is in holdings SPXD also owns. 13.2% of SPXD's money is in holdings SCHD also owns.
Most of SCHD is already inside SPXD. Owning both mostly buys the same companies twice.
46 positions in common, counted across the 100 positions we hold weights for in SCHD and 503 in SPXD, against full books of 103 and 507.
What only one of them owns
Our book lists 442 positions for SPXD that do not appear in our book for SCHD (84.6% of the fund), and 52 for SCHD that do not appear in SPXD (5.1%).
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 SPXD | Difference |
|---|---|---|---|
| ABTAbbott Laboratories | 4.70% | 2.18% | 2.52% |
| PGProcter & Gamble Company | 3.96% | 1.36% | 2.60% |
| UNHUnitedhealth Group | 4.11% | 0.60% | 3.51% |
| AMGNAmgen Inc. | 4.62% | 0.06% | 4.56% |
| HDHome Depot Inc/The | 4.32% | 0.14% | 4.18% |
| MRKMerck & Co. Inc. | 4.26% | 0.18% | 4.08% |
| KOCoca-cola Co. | 4.20% | 0.10% | 4.10% |
| VZVerizon Communications Inc Com Usd1 | 3.84% | 0.38% | 3.46% |
| CVXChevron Corp.United States -Energy | 3.74% | 0.45% | 3.29% |
| TXNTexas Instruments, Inc | 3.53% | 0.41% | 3.12% |
94.6% of SCHD is already inside SPXD.
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 SPXD?
SCHD has an expense ratio of 0.06% while SPXD charges 0.09%. SCHD is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, SCHD or SPXD?
Over the past year SCHD returned +30.01% vs +19.04% for SPXD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), SCHD annualized +26.92% vs +18.12% for SPXD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SPXD?
SCHD has been the more volatile fund at 12.8% annualized versus 9.4% for SPXD. Worst drawdown: SCHD -4.6% vs SPXD -7.5%.
Should I hold both SCHD and SPXD?
SCHD and SPXD have a monthly-return correlation of 0.70, 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 SPXD?
94.6% of SCHD's money is in holdings SPXD also owns. 13.2% of SPXD's is in holdings SCHD also owns. They hold 46 positions in common, counted across the 100 positions we hold weights for in SCHD and 503 in SPXD.
Which pays a higher dividend, SCHD or SPXD?
SCHD yields 3.13% while SPXD yields 1.38%, so SCHD currently pays the higher dividend yield.
Is SPXD better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SPXD is less concentrated, with 15.6% of the fund in its ten largest positions against 41.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.