SCHD vs USRD

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricSCHDUSRDWinner
Expense Ratio0.06%0.29%
AUM$103.7B$1M
Dividend Yield3.31%0.37%
Holdings104103
YTD Return+24.26%+11.85%
1Y Return+31.38%+11.19%
3Y Return (annualized)+15.08%-
5Y Return (annualized)+9.72%-
Volatility (annualized)13.6%16.7%
Max Drawdown-33.4%-22.7%
Fund FamilyCharles Schwab Asset ManagementThemes ETFs
CategoryEquityEquity
InceptionOct 20, 2011Dec 13, 2023

SCHD vs USRD Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Themes US R&D Champions ETF (USRD) is a ETF from Themes ETFs. Over the past year SCHD returned +31.38% while USRD returned +11.19%. Year to date, SCHD is up 24.26% versus a gain of 11.85% for USRD.

Risk: Volatility and Drawdowns

USRD has been the more volatile fund, with annualized monthly volatility of 16.7% 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 -22.7% for USRD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.21. They move independently enough that combining them can meaningfully diversify a portfolio.

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 3.31% against 0.37% for USRD.

Holdings Overlap

5.7%overlap

SCHD and USRD share 3 holdings out of 148 unique holdings combined, representing a 5.7% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SCHDWeight in USRDDifference
AMGN4.25%2.03%2.22%
TXN3.70%1.86%1.84%
QCOM2.72%1.77%0.95%

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. On a $10,000 investment, that is $23 per year of difference.

Which performed better, SCHD or USRD?

Over the past year SCHD returned +31.38% vs +11.19% for USRD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), SCHD annualized +11.39% vs +17.96% for USRD. Past performance does not guarantee future results.

Which is riskier, SCHD or USRD?

USRD has been the more volatile fund at 16.7% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs USRD -22.7%.

Should I hold both SCHD and USRD?

SCHD and USRD have a monthly-return correlation of 0.21, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SCHD and USRD?

SCHD and USRD share 3 common holdings with a 5.7% weight overlap. Combined, they hold 148 unique securities.

Which pays a higher dividend, SCHD or USRD?

SCHD yields 3.31% while USRD yields 0.37%, so SCHD currently pays the higher dividend yield.

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