SCHD vs USL
Schwab US Dividend Equity ETF vs United States 12 Month Oil Fund
Which is better, SCHD or USL?
Large Cap Value against Energy.
SCHD has a lower expense ratio. SCHD led over 3Y and the full window, USL over 1Y and 5Y.
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 | USL |
|---|---|---|
| Expense Ratio | 0.06%Best | 1.02% |
| AUM | $112.2B | $44M |
| Dividend Yield | 3.13% | 0.00% |
| Holdings | 103 | 16 |
| YTD Return | +27.56% | +60.86%Best |
| 1Y Return | +30.29% | +49.07%Best |
| 3Y Return (annualized) | +16.37%Best | +10.79% |
| 5Y Return (annualized) | +10.23% | +16.54%Best |
| Volatility (annualized) | 13.6%Best | 28.1% |
| Max Drawdown | -33.4%Best | -80.1% |
| $10,000 over 5 years | $16,274 | $21,497Best |
| Fund Family | Charles Schwab Asset Management | USCF Investments |
| Category | Equity | Commodity |
| Style | Large Cap Value | Energy |
| Inception | Oct 20, 2011 | Dec 6, 2007 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Sep 4, 2026 (14.9 years).
SCHD vs USL 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 14.9 years both funds cover.
SCHD vs USL Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and United States 12 Month Oil Fund (USL) is an ETF from USCF Investments. Over the past year SCHD returned +30.29% while USL returned +49.07%. Year to date, SCHD is up 27.56% versus a gain of 60.86% for USL.
Over three years, SCHD compounded at +16.37% per year against +10.79% for USL; over five years the annualized figures are +10.23% and +16.54% respectively. Across the full 15-year window we track, SCHD has the edge at +11.53% annualized vs +2.29%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
USL has been the more volatile fund, with annualized monthly volatility of 28.1% compared with 13.6% 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 -33.4% for SCHD and -80.1% for USL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.41. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while USL charges 1.02%. On a $10,000 position that is $6 vs $102 annually, a gap of $96 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 0.00% for USL.
Holdings Overlap
We hold position weights for 100 holdings in SCHD and 1 in USL, totalling 100.0% and 28.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 100 positions we hold weights for in SCHD and 1 in USL, against full books of 103 and 16.
You are not choosing between two funds in isolation.
Whichever of SCHD and USL 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 USL?
SCHD has an expense ratio of 0.06% while USL charges 1.02%. SCHD is the cheaper option, by $96 a year on a $10,000 investment.
Which performed better, SCHD or USL?
Over the past year SCHD returned +30.29% vs +49.07% for USL, so USL leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.53% vs +2.29% for USL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or USL?
USL has been the more volatile fund at 28.1% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs USL -80.1%.
Should I hold both SCHD and USL?
SCHD and USL have a monthly-return correlation of 0.41, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SCHD or USL?
SCHD yields 3.13% while USL yields 0.00%, so SCHD currently pays the higher dividend yield.
Is USL better than SCHD?
SCHD has a lower expense ratio. SCHD led over 3Y and the full window, USL over 1Y and 5Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.