SCHD vs USCL
Schwab US Dividend Equity ETF vs iShares Climate Conscious & Transition MSCI USA ETF
Which is better, SCHD or USCL?
Large Cap Value against Large Cap Blend.
SCHD has a lower expense ratio. SCHD led over 1Y, USCL over 3Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 44.9%.
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 | USCL |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.08% |
| AUM | $112.1B | $2.8B |
| Dividend Yield | 3.00% | 1.07% |
| Holdings | 103 | 410 |
| YTD Return | +25.84%Best | +8.42% |
| 1Y Return | +30.18%Best | +11.08% |
| 3Y Return (annualized) | +16.08% | +19.08%Best |
| 5Y Return (annualized) | +9.97% | - |
| Volatility (annualized) | 13.2% | 12.8%Best |
| Max Drawdown | -16.1%Best | -19.0% |
| $10,000 over 3.3 years | $16,209 | $17,779Best |
| Top 10 Weight | 41.8%Best | 44.9% |
| Fund Family | Charles Schwab Asset Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 20, 2011 | Jun 6, 2023 |
Volatility and max drawdown, and the $10,000 over 3.3 years row, are measured over the window both funds cover: Jun 8, 2023 to Sep 15, 2026 (3.3 years).
SCHD vs USCL 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 3.3 years both funds cover.
SCHD vs USCL Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and iShares Climate Conscious & Transition MSCI USA ETF (USCL) is an ETF from iShares by BlackRock (US). Over the past year SCHD returned +30.18% while USCL returned +11.08%. Year to date, SCHD is up 25.84% versus a gain of 8.42% for USCL.
Over three years, SCHD compounded at +16.08% per year against +19.08% for USCL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.2% compared with 12.8% for USCL. 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 USCL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.52. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while USCL charges 0.08%. On a $10,000 position that is $6 vs $8 annually, a gap of $2 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 1.07% for USCL.
Holdings Overlap
81.6% of SCHD's money is in holdings USCL also owns. 7.5% of USCL's money is in holdings SCHD also owns.
Most of SCHD is already inside USCL. Owning both mostly buys the same companies twice.
35 positions in common, counted across the 100 positions we hold weights for in SCHD and 390 in USCL, against full books of 103 and 410.
What only one of them owns
Our book lists 347 positions for USCL that do not appear in our book for SCHD (91.5% of the fund), and 64 for SCHD that do not appear in USCL (18.4%).
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 USCL | Difference |
|---|---|---|---|
| MRKMerck & Company Inc | 4.77% | 0.68% | 4.09% |
| AMGNAmgen Inc. | 4.70% | 0.43% | 4.27% |
| ABTAbbott Laboratories | 4.69% | 0.27% | 4.42% |
| KOCoca Cola Co. | 4.17% | 0.64% | 3.53% |
| HDHome Depot Inc/The | 3.88% | 0.60% | 3.28% |
| UNHUnitedhealth Group Incorporated | 3.82% | 0.65% | 3.17% |
| PGProcter & Gamble Company | 3.83% | 0.63% | 3.20% |
| CVXChevron Corp | 4.02% | 0.35% | 3.67% |
| VZVerizon Communic | 3.97% | 0.39% | 3.58% |
| COPConocophillips Common Stock USD 0.01 | 3.94% | 0.15% | 3.79% |
81.6% of SCHD is already inside USCL.
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 USCL?
SCHD has an expense ratio of 0.06% while USCL charges 0.08%. SCHD is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, SCHD or USCL?
Over the past year SCHD returned +30.18% vs +11.08% for USCL, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or USCL?
SCHD has been the more volatile fund at 13.2% annualized versus 12.8% for USCL. Worst drawdown: SCHD -16.1% vs USCL -19.0%.
Should I hold both SCHD and USCL?
SCHD and USCL have a monthly-return correlation of 0.52, 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 USCL?
81.6% of SCHD's money is in holdings USCL also owns. 7.5% of USCL's is in holdings SCHD also owns. They hold 35 positions in common, counted across the 100 positions we hold weights for in SCHD and 390 in USCL.
Which pays a higher dividend, SCHD or USCL?
SCHD yields 3.00% while USCL yields 1.07%, so SCHD currently pays the higher dividend yield.
Is USCL better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, USCL over 3Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 44.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.