SCHD vs STXM
Schwab US Dividend Equity ETF vs Strive Mid Cap ETF
Which is better, SCHD or STXM?
Large Cap Value against Mid Cap Blend.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. STXM is less concentrated, with 6.7% 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 | STXM |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.18% |
| AUM | $112.1B | $16M |
| Dividend Yield | 3.00% | 1.04% |
| Holdings | 103 | 407 |
| Volatility (annualized) | 13.5%Best | 14.6% |
| Max Drawdown | -16.1%Best | -23.8% |
| $10,000 over 2 years | $12,665Best | $11,764 |
| Top 10 Weight | 41.8% | 6.7%Best |
| Fund Family | Charles Schwab Asset Management | Strive Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Mid Cap Blend |
| Inception | Oct 20, 2011 | Apr 11, 2024 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 167 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 10, 2026 and STXM through Mar 27, 2026.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Apr 10, 2024 to Mar 27, 2026 (2 years).
Risk: Volatility and Drawdowns
STXM has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 13.5% 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 -16.1% for SCHD and -23.8% for STXM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while STXM charges 0.18%. On a $10,000 position that is $6 vs $18 annually, a gap of $12 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 1.04% for STXM.
Holdings Overlap
2.9% of SCHD's money is in holdings STXM also owns. 2.7% of STXM's money is in holdings SCHD also owns.
SCHD and STXM share little of their money.
The two holdings books were reported 213 days apart, SCHD as of Aug 31, 2026 and STXM as of Jan 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
10 positions in common, counted across the 100 positions we hold weights for in SCHD and 395 in STXM, against full books of 103 and 407.
What only one of them owns
Our book lists 371 positions for STXM that do not appear in our book for SCHD (91.1% of the fund), and 89 for SCHD that do not appear in STXM (97.1%).
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 STXM | Difference |
|---|---|---|---|
| SNASnap-On Inc. | 0.49% | 0.48% | 0.01% |
| EWBCEast West Bancorp, Inc. | 0.42% | 0.37% | 0.05% |
| FNFFidelity National Financial Inc. | 0.29% | 0.40% | 0.11% |
| DINOHollyfrontier | 0.38% | 0.23% | 0.15% |
| APAApa Corp | 0.37% | 0.22% | 0.15% |
| SWKSSkyworks Solutions Inc. | 0.25% | 0.29% | 0.04% |
| AFGAmerican Financial Group Inc/Oh | 0.24% | 0.27% | 0.03% |
| ORIOld Republic International Corp | 0.23% | 0.25% | 0.02% |
| PAGPenske Automotive Group Inc | 0.10% | 0.08% | 0.02% |
| CWENClearway Energy Inc | 0.09% | 0.07% | 0.02% |
You are not choosing between two funds in isolation.
Whichever of SCHD and STXM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SCHD or STXM?
SCHD has an expense ratio of 0.06% while STXM charges 0.18%. SCHD is the cheaper option, by $12 a year on a $10,000 investment.
Which is riskier, SCHD or STXM?
STXM has been the more volatile fund at 14.6% annualized versus 13.5% for SCHD. Worst drawdown: SCHD -16.1% vs STXM -23.8%.
Should I hold both SCHD and STXM?
SCHD and STXM have a monthly-return correlation of 0.68, 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 STXM?
2.9% of SCHD's money is in holdings STXM also owns. 2.7% of STXM's is in holdings SCHD also owns. They hold 10 positions in common, counted across the 100 positions we hold weights for in SCHD and 395 in STXM.
Which pays a higher dividend, SCHD or STXM?
SCHD yields 3.00% while STXM yields 1.04%, so SCHD currently pays the higher dividend yield.
Is STXM better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. STXM is less concentrated, with 6.7% 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.