SCHD vs UDI
Schwab US Dividend Equity ETF vs USCF Dividend Income Fund
Which is better, SCHD or UDI?
Large Cap Value against Large Cap Blend.
SCHD has a lower expense ratio. SCHD led over 1Y, UDI over 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. UDI is less concentrated, with 33.2% 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 | UDI |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.65% |
| AUM | $112.1B | $4M |
| Dividend Yield | 3.00% | 2.56% |
| Holdings | 103 | 43 |
| YTD Return | +24.59%Best | +16.44% |
| 1Y Return | +28.14%Best | +22.50% |
| 3Y Return (annualized) | +15.58% | +18.37%Best |
| 5Y Return (annualized) | +9.90% | - |
| Volatility (annualized) | 14.6% | 13.2%Best |
| Max Drawdown | -16.1% | -14.2%Best |
| $10,000 over 4.3 years | $15,404 | $17,244Best |
| Top 10 Weight | 41.8% | 33.2%Best |
| Fund Family | Charles Schwab Asset Management | USCF Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 20, 2011 | Jun 8, 2022 |
Volatility and max drawdown, and the $10,000 over 4.3 years row, are measured over the window both funds cover: Jun 8, 2022 to Sep 10, 2026 (4.3 years).
SCHD vs UDI 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 4.3 years both funds cover.
SCHD vs UDI Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and USCF Dividend Income Fund (UDI) is an ETF from USCF Investments. Over the past year SCHD returned +28.14% while UDI returned +22.50%. Year to date, SCHD is up 24.59% versus a gain of 16.44% for UDI.
Over three years, SCHD compounded at +15.58% per year against +18.37% for UDI. Across the full 4-year window we track, UDI has the edge at +13.51% annualized vs +10.57%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 13.2% for UDI. 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 -14.2% for UDI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SCHD charges 0.06% per year while UDI charges 0.65%. On a $10,000 position that is $6 vs $65 annually, a gap of $59 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 2.56% for UDI.
Holdings Overlap
21.9% of SCHD's money is in holdings UDI also owns. 24.3% of UDI's money is in holdings SCHD also owns.
UDI and SCHD share little of their money.
10 positions in common, counted across the 100 positions we hold weights for in SCHD and 42 in UDI, against full books of 103 and 43.
What only one of them owns
Our book lists 27 positions for UDI that do not appear in our book for SCHD (62.3% of the fund), and 89 for SCHD that do not appear in UDI (78.1%).
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 UDI | Difference |
|---|---|---|---|
| COPConocophillips Co | 3.94% | 3.95% | 0.01% |
| VZVerizon Communications, Inc. | 3.97% | 2.86% | 1.11% |
| KOCoca Cola Co. | 4.17% | 2.20% | 1.97% |
| TXNTexas Instruments, Inc | 3.13% | 1.96% | 1.17% |
| HDHome Depot Inc/The | 3.88% | 0.96% | 2.92% |
| EWBCEast West Bancorp, Inc. | 0.42% | 3.36% | 2.94% |
| PAYXPaychex, Inc. | 1.00% | 2.73% | 1.73% |
| SNASnap-On Inc. | 0.49% | 2.36% | 1.87% |
| RFRegions Financial Corp. | 0.62% | 2.06% | 1.44% |
| ORIOld Republic International Corp | 0.23% | 1.84% | 1.61% |
24.3% of UDI is already inside SCHD.
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 UDI?
SCHD has an expense ratio of 0.06% while UDI charges 0.65%. SCHD is the cheaper option, by $59 a year on a $10,000 investment.
Which performed better, SCHD or UDI?
Over the past year SCHD returned +28.14% vs +22.50% for UDI, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), SCHD annualized +10.57% vs +13.51% for UDI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or UDI?
SCHD has been the more volatile fund at 14.6% annualized versus 13.2% for UDI. Worst drawdown: SCHD -16.1% vs UDI -14.2%.
Should I hold both SCHD and UDI?
SCHD and UDI have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between SCHD and UDI?
24.3% of UDI's money is in holdings SCHD also owns. 24.3% of UDI'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 42 in UDI.
Which pays a higher dividend, SCHD or UDI?
SCHD yields 3.00% while UDI yields 2.56%, so SCHD currently pays the higher dividend yield.
Is UDI better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, UDI over 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. UDI is less concentrated, with 33.2% 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.