SCHD vs VLLU
Schwab US Dividend Equity ETF vs Harbor AlphaEdge Large Cap Value ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 104 holdings.
Side-by-Side Comparison
| Metric | SCHD | VLLU | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.25% | |
| AUM | $108.7B | $5M | |
| Dividend Yield | 3.13% | 1.35% | |
| Holdings | 104 | 75 | |
| YTD Return | +26.54% | +13.92% | |
| 1Y Return | +30.90% | +23.46% | |
| 3Y Return (annualized) | +16.29% | - | |
| 5Y Return (annualized) | +9.65% | - | |
| Volatility (annualized) | 13.6% | 10.7% | |
| Max Drawdown | -33.4% | -16.6% | |
| Fund Family | Charles Schwab Asset Management | Harbor Funds | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Sep 3, 2024 |
SCHD vs VLLU Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Harbor AlphaEdge Large Cap Value ETF (VLLU) is a ETF from Harbor Funds. Over the past year SCHD returned +30.90% while VLLU returned +23.46%. Year to date, SCHD is up 26.54% versus a gain of 13.92% for VLLU.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 10.7% for VLLU. 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 -16.6% for VLLU. 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 0.66. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while VLLU charges 0.25%. On a $10,000 position that is $6 vs $25 annually, a gap of $19 per year that compounds over a long holding period. On income, SCHD currently yields 3.13% against 1.35% for VLLU.
Holdings Overlap
SCHD and VLLU share 14 holdings out of 160 unique holdings combined, representing a 11.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SCHD or VLLU?
SCHD has an expense ratio of 0.06% while VLLU charges 0.25%. SCHD is the cheaper option. On a $10,000 investment, that is $19 per year of difference.
Which performed better, SCHD or VLLU?
Over the past year SCHD returned +30.90% vs +23.46% for VLLU, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), SCHD annualized +11.51% vs +18.18% for VLLU. Past performance does not guarantee future results.
Which is riskier, SCHD or VLLU?
SCHD has been the more volatile fund at 13.6% annualized versus 10.7% for VLLU. Worst drawdown: SCHD -33.4% vs VLLU -16.6%.
Should I hold both SCHD and VLLU?
SCHD and VLLU have a monthly-return correlation of 0.66, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and VLLU?
SCHD and VLLU share 14 common holdings with a 11.7% weight overlap. Combined, they hold 160 unique securities.
Which pays a higher dividend, SCHD or VLLU?
SCHD yields 3.13% while VLLU yields 1.35%, so SCHD currently pays the higher dividend yield.
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