SCHD vs USRD
Schwab US Dividend Equity ETF vs Themes US R&D Champions ETF
Which is better, SCHD or USRD?
Large Cap Value against Large Cap Blend.
SCHD has a lower expense ratio. SCHD led over 1Y, USRD over the full window. USRD is less concentrated, with 27.2% 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 | USRD |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.29% |
| AUM | $112.1B | $1M |
| Dividend Yield | 3.00% | 0.38% |
| Holdings | 103 | 103 |
| Volatility (annualized) | 13.1%Best | 16.7% |
| Max Drawdown | -16.1%Best | -22.7% |
| $10,000 over 2.6 years | $14,905 | $15,364Best |
| Top 10 Weight | 41.8% | 27.2%Best |
| Fund Family | Charles Schwab Asset Management | Themes ETFs |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 20, 2011 | Dec 13, 2023 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 52 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 18, 2026 and USRD through Jul 28, 2026.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Dec 13, 2023 to Jul 28, 2026 (2.6 years).
Risk: Volatility and Drawdowns
USRD has been the more volatile fund, with annualized monthly volatility of 16.7% compared with 13.1% 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 -22.7% for USRD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.21. They move largely independently of each other.
Fees and Cost Over Time
SCHD charges 0.06% per year while USRD charges 0.29%. On a $10,000 position that is $6 vs $29 annually, a gap of $23 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.38% for USRD.
Holdings Overlap
10.3% of SCHD's money is in holdings USRD also owns. 5.7% of USRD's money is in holdings SCHD also owns.
SCHD and USRD share little of their money.
3 positions in common, counted across the 100 positions we hold weights for in SCHD and 51 in USRD, against full books of 103 and 103.
What only one of them owns
Our book lists 48 positions for USRD that do not appear in our book for SCHD (94.3% of the fund), and 96 for SCHD that do not appear in USRD (89.6%).
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.
You are not choosing between two funds in isolation.
Whichever of SCHD and USRD 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 USRD?
SCHD has an expense ratio of 0.06% while USRD charges 0.29%. SCHD is the cheaper option, by $23 a year on a $10,000 investment.
Which is riskier, SCHD or USRD?
USRD has been the more volatile fund at 16.7% annualized versus 13.1% for SCHD. Worst drawdown: SCHD -16.1% vs USRD -22.7%.
Should I hold both SCHD and USRD?
SCHD and USRD have a monthly-return correlation of 0.21, 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 USRD?
10.3% of SCHD's money is in holdings USRD also owns. 5.7% of USRD's is in holdings SCHD also owns. They hold 3 positions in common, counted across the 100 positions we hold weights for in SCHD and 51 in USRD.
Which pays a higher dividend, SCHD or USRD?
SCHD yields 3.00% while USRD yields 0.38%, so SCHD currently pays the higher dividend yield.
Is USRD better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, USRD over the full window. USRD is less concentrated, with 27.2% 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.