SCHD vs STRV
Schwab US Dividend Equity ETF vs Strive 500 ETF
Which is better, SCHD or STRV?
Large Cap Value against Large Cap Blend.
STRV has a lower expense ratio. SCHD led over 1Y, STRV over the full window. STRV is less concentrated, with 36.2% of the fund in its ten largest positions against 41.8%.
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 | STRV |
|---|---|---|
| Expense Ratio | 0.06% | 0.05%Best |
| AUM | $112.1B | $1.1B |
| Dividend Yield | 3.00% | 1.05% |
| Holdings | 103 | 507 |
| Volatility (annualized) | 14.2% | 13.8%Best |
| Max Drawdown | -16.1%Best | -19.0% |
| $10,000 over 3.7 years | $15,595 | $20,066Best |
| Top 10 Weight | 41.8% | 36.2%Best |
| Fund Family | Charles Schwab Asset Management | Strive Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 20, 2011 | Sep 15, 2022 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 103 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. SCHD has data through Sep 16, 2026 and STRV through Jun 5, 2026.
Volatility and max drawdown, and the $10,000 over 3.7 years row, are measured over the window both funds cover: Sep 16, 2022 to Jun 5, 2026 (3.7 years).
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 13.8% for STRV. 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 -16.1% for SCHD and -19.0% for STRV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while STRV charges 0.05%. On a $10,000 position that is $6 vs $5 annually, a gap of $1 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 1.05% for STRV.
Holdings Overlap
91.2% of SCHD's money is in holdings STRV also owns. 8.1% of STRV's money is in holdings SCHD also owns.
Most of SCHD is already inside STRV. Owning both mostly buys the same companies twice.
The two holdings books were reported 153 days apart, SCHD as of Aug 31, 2026 and STRV as of Mar 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
43 positions in common, counted across the 100 positions we hold weights for in SCHD and 496 in STRV, against full books of 103 and 507.
What only one of them owns
Our book lists 434 positions for STRV that do not appear in our book for SCHD (90.0% of the fund), and 56 for SCHD that do not appear in STRV (8.8%).
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 STRV | Difference |
|---|---|---|---|
| MRKMerck & Company Inc | 4.77% | 0.53% | 4.24% |
| AMGNAmgen Inc. | 4.70% | 0.34% | 4.36% |
| ABTAbbott Laboratories | 4.69% | 0.32% | 4.37% |
| CVXChevron Corp | 4.02% | 0.66% | 3.36% |
| KOCoca Cola Co. | 4.17% | 0.48% | 3.69% |
| HDHome Depot Inc/The | 3.88% | 0.58% | 3.30% |
| PGProcter & Gamble Company | 3.83% | 0.59% | 3.24% |
| VZVerizon Communic | 3.97% | 0.34% | 3.63% |
| UNHUnitedhealth Group Incorporated | 3.82% | 0.43% | 3.39% |
| COPConocophillips Common Stock USD 0.01 | 3.94% | 0.28% | 3.66% |
91.2% of SCHD is already inside STRV.
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 STRV?
SCHD has an expense ratio of 0.06% while STRV charges 0.05%. STRV is the cheaper option, by $1 a year on a $10,000 investment.
Which is riskier, SCHD or STRV?
SCHD has been the more volatile fund at 14.2% annualized versus 13.8% for STRV. Worst drawdown: SCHD -16.1% vs STRV -19.0%.
Should I hold both SCHD and STRV?
SCHD and STRV have a monthly-return correlation of 0.62, 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 STRV?
91.2% of SCHD's money is in holdings STRV also owns. 8.1% of STRV's is in holdings SCHD also owns. They hold 43 positions in common, counted across the 100 positions we hold weights for in SCHD and 496 in STRV.
Which pays a higher dividend, SCHD or STRV?
SCHD yields 3.00% while STRV yields 1.05%, so SCHD currently pays the higher dividend yield.
Is STRV better than SCHD?
STRV has a lower expense ratio. SCHD led over 1Y, STRV over the full window. STRV is less concentrated, with 36.2% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.