SCHD vs VLLU
Schwab US Dividend Equity ETF vs Harbor AlphaEdge Large Cap Value ETF
Which is better, SCHD or VLLU?
Each has led over a different period.
SCHD has a lower expense ratio. SCHD led over 1Y, VLLU over the full window. VLLU is less concentrated, with 37.4% of the fund in its ten largest positions against 41.5%.
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 | VLLU |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.25% |
| AUM | $112.2B | $5M |
| Dividend Yield | 3.13% | 1.35% |
| Holdings | 103 | 75 |
| YTD Return | +27.56%Best | +13.84% |
| 1Y Return | +30.29%Best | +21.11% |
| 3Y Return (annualized) | +16.37% | - |
| 5Y Return (annualized) | +10.23% | - |
| Volatility (annualized) | 13.8% | 10.7%Best |
| Max Drawdown | -16.1%Best | -16.6% |
| $10,000 over 2 years | $13,668 | $13,865Best |
| Top 10 Weight | 41.5% | 37.4%Best |
| Fund Family | Charles Schwab Asset Management | Harbor Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Oct 20, 2011 | Sep 3, 2024 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 5, 2024 to Aug 28, 2026 (2 years).
SCHD vs VLLU 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 2 years both funds cover.
SCHD vs VLLU Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Harbor AlphaEdge Large Cap Value ETF (VLLU) is an ETF from Harbor Funds. Over the past year SCHD returned +30.29% while VLLU returned +21.11%. Year to date, SCHD is up 27.56% versus a gain of 13.84% for VLLU.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.8% 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 -16.1% for SCHD and -16.6% for VLLU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.65. They move together some of the time, and apart the rest.
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
35.3% of SCHD's money is in holdings VLLU also owns. 11.9% of VLLU's money is in holdings SCHD also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 100 positions we hold weights for in SCHD and 74 in VLLU, against full books of 103 and 75.
What only one of them owns
Our book lists 57 positions for VLLU that do not appear in our book for SCHD (86.1% of the fund), and 84 for SCHD that do not appear in VLLU (64.4%).
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 VLLU | Difference |
|---|---|---|---|
| MOAltria Group Inc. | 2.86% | 2.63% | 0.23% |
| BMYBristol-Myers Squibb Co. | 3.31% | 1.87% | 1.44% |
| VZVerizon Communications Inc Com Usd1 | 3.84% | 1.23% | 2.61% |
| MRKMerck & Co. Inc. | 4.26% | 0.51% | 3.75% |
| KOCoca-cola Co. | 4.20% | 0.50% | 3.70% |
| CVXChevron Corp.United States -Energy | 3.74% | 0.96% | 2.78% |
| PGProcter & Gamble Company | 3.96% | 0.50% | 3.46% |
| COPConocophillips Co | 3.59% | 0.57% | 3.02% |
| EOGEog Resources Inc | 1.80% | 0.55% | 1.25% |
| TGTTarget Corp. | 1.70% | 0.49% | 1.21% |
35.3% of SCHD is already inside VLLU.
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 VLLU?
SCHD has an expense ratio of 0.06% while VLLU charges 0.25%. SCHD is the cheaper option, by $19 a year on a $10,000 investment.
Which performed better, SCHD or VLLU?
Over the past year SCHD returned +30.29% vs +21.11% for VLLU, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), SCHD annualized +16.91% vs +17.75% for VLLU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or VLLU?
SCHD has been the more volatile fund at 13.8% annualized versus 10.7% for VLLU. Worst drawdown: SCHD -16.1% vs VLLU -16.6%.
Should I hold both SCHD and VLLU?
SCHD and VLLU have a monthly-return correlation of 0.65, 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 VLLU?
35.3% of SCHD's money is in holdings VLLU also owns. 11.9% of VLLU's is in holdings SCHD also owns. They hold 14 positions in common, counted across the 100 positions we hold weights for in SCHD and 74 in VLLU.
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.
Is VLLU better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, VLLU over the full window. VLLU is less concentrated, with 37.4% of the fund in its ten largest positions against 41.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.