SCHD vs VXF
Schwab US Dividend Equity ETF vs Vanguard Extended Market ETF
Which is better, SCHD or VXF?
Large Cap Value against Mid Cap Blend.
VXF has a lower expense ratio. SCHD led over 1Y and 5Y, VXF over 3Y and the full window. VXF is less concentrated, with 6.7% 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 | VXF |
|---|---|---|
| Expense Ratio | 0.06% | 0.05%Best |
| AUM | $108.9B | $31.4B |
| Dividend Yield | 3.00% | 1.01% |
| Holdings | 206 | 3,385 |
| YTD Return | +22.89%Best | +11.21% |
| 1Y Return | +29.27%Best | +12.57% |
| 3Y Return (annualized) | +16.56% | +20.09%Best |
| 5Y Return (annualized) | +9.63%Best | +6.04% |
| Volatility (annualized) | 13.7%Best | 18.1% |
| Max Drawdown | -33.4%Best | -41.7% |
| $10,000 over 5 years | $15,836Best | $13,408 |
| Top 10 Weight | 41.8% | 6.7%Best |
| Fund Family | Charles Schwab Asset Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Mid Cap Blend |
| Inception | Oct 20, 2011 | Dec 27, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Oct 12, 2026 (15 years).
SCHD vs VXF 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 15 years both funds cover.
SCHD vs VXF Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Vanguard Extended Market ETF (VXF) is an ETF from Vanguard (US). Over the past year SCHD returned +29.27% while VXF returned +12.57%. Year to date, SCHD is up 22.89% versus a gain of 11.21% for VXF.
Over three years, SCHD compounded at +16.56% per year against +20.09% for VXF; over five years the annualized figures are +9.63% and +6.04% respectively. Across the full 15-year window we track, VXF has the edge at +11.36% annualized vs +11.17%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VXF has been the more volatile fund, with annualized monthly volatility of 18.1% compared with 13.7% 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 -41.7% for VXF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while VXF charges 0.05%. On a $10,000 position that is $6 vs $5 annually, a gap of $1 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 1.01% for VXF.
Holdings Overlap
5.1% of SCHD's money is in holdings VXF also owns. 2.5% of VXF's money is in holdings SCHD also owns.
SCHD and VXF share little of their money.
53 positions in common, counted across the 99 positions we hold weights for in SCHD and 3,278 in VXF, against full books of 206 and 3,385.
What only one of them owns
Our book lists 1,670 positions for VXF that do not appear in our book for SCHD (89.7% of the fund), and 46 for SCHD that do not appear in VXF (94.8%).
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 VXF | Difference |
|---|---|---|---|
| EWBCEast West Bancorp, Inc. | 0.44% | 0.22% | 0.22% |
| DINOHollyfrontier | 0.41% | 0.17% | 0.24% |
| FNFFidelity Nationa | 0.28% | 0.16% | 0.12% |
| WSOWatsco Inc | 0.28% | 0.13% | 0.15% |
| AFGAmerican Financial Group Inc/Oh | 0.24% | 0.12% | 0.12% |
| ORIOld Republic International Corp | 0.23% | 0.12% | 0.11% |
| BAHBooz Allen Hamilton Holding Corp. | 0.23% | 0.10% | 0.13% |
| COLBColumbia Banking System Inc Common Stock | 0.22% | 0.11% | 0.11% |
| ALVAllianz Ag | 0.21% | 0.10% | 0.11% |
| MMacy'S Inc. | 0.15% | 0.08% | 0.07% |
You are not choosing between two funds in isolation.
Whichever of SCHD and VXF 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 VXF?
SCHD has an expense ratio of 0.06% while VXF charges 0.05%. VXF is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, SCHD or VXF?
Over the past year SCHD returned +29.27% vs +12.57% for VXF, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.17% vs +11.36% for VXF. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or VXF?
VXF has been the more volatile fund at 18.1% annualized versus 13.7% for SCHD. Worst drawdown: SCHD -33.4% vs VXF -41.7%.
Should I hold both SCHD and VXF?
SCHD and VXF have a monthly-return correlation of 0.78, 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 VXF?
5.1% of SCHD's money is in holdings VXF also owns. 2.5% of VXF's is in holdings SCHD also owns. They hold 53 positions in common, counted across the 99 positions we hold weights for in SCHD and 3,278 in VXF.
Which pays a higher dividend, SCHD or VXF?
SCHD yields 3.00% while VXF yields 1.01%, so SCHD currently pays the higher dividend yield.
Is VXF better than SCHD?
VXF has a lower expense ratio. SCHD led over 1Y and 5Y, VXF over 3Y and the full window. VXF is less concentrated, with 6.7% 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.