SCHD vs XCHG
Schwab US Dividend Equity ETF vs AB US Equity ETF
Which is better, SCHD or XCHG?
Large Cap Value against Large Cap Blend.
SCHD has a lower expense ratio. XCHG is less concentrated, with 41.3% 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 | XCHG |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.50% |
| AUM | $112.1B | $710M |
| Dividend Yield | 3.00% | 0.36% |
| Holdings | 103 | 591 |
| YTD Return | +25.07%Best | +9.82% |
| 1Y Return | +27.61% | - |
| 3Y Return (annualized) | +15.74% | - |
| 5Y Return (annualized) | +9.89% | - |
| Top 10 Weight | 41.8% | 41.3%Best |
| Fund Family | Charles Schwab Asset Management | AllianceBernstein L.P. |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 20, 2011 | Dec 12, 2025 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
SCHD vs XCHG 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
SCHD vs XCHG Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and AB US Equity ETF (XCHG) is an ETF from AllianceBernstein L.P.. Year to date, SCHD is up 25.07% versus a gain of 9.82% for XCHG.
Past performance does not guarantee future results.
Fees and Cost Over Time
SCHD charges 0.06% per year while XCHG charges 0.50%. On a $10,000 position that is $6 vs $50 annually, a gap of $44 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.36% for XCHG.
Holdings Overlap
89.3% of SCHD's money is in holdings XCHG also owns. 7.0% of XCHG's money is in holdings SCHD also owns.
Most of SCHD is already inside XCHG. Owning both mostly buys the same companies twice.
48 positions in common, counted across the 100 positions we hold weights for in SCHD and 586 in XCHG, against full books of 103 and 591.
What only one of them owns
Our book lists 334 positions for XCHG that do not appear in our book for SCHD (87.9% of the fund), and 51 for SCHD that do not appear in XCHG (10.6%).
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.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in XCHG | Difference |
|---|---|---|---|
| MRKMerck & Co. Inc. | 4.77% | 1.20% | 3.57% |
| UNHUnitedhealth Group Inc. | 3.82% | 1.57% | 2.25% |
| KOCoca Cola Co. | 4.17% | 0.75% | 3.42% |
| ABTAbbott Laboratories | 4.69% | 0.09% | 4.60% |
| AMGNAmgen Inc. | 4.70% | 0.03% | 4.67% |
| HDHome Depot Inc/The | 3.88% | 0.74% | 3.14% |
| CVXChevron Corp. | 4.02% | 0.18% | 3.84% |
| VZVerizon Communications, Inc. | 3.97% | 0.15% | 3.82% |
| COPConocophillips Co | 3.94% | 0.10% | 3.84% |
| PGProcter & Gamble Company | 3.83% | 0.18% | 3.65% |
89.3% of SCHD is already inside XCHG.
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 XCHG?
SCHD has an expense ratio of 0.06% while XCHG charges 0.50%. SCHD is the cheaper option, by $44 a year on a $10,000 investment.
What is the holdings overlap between SCHD and XCHG?
89.3% of SCHD's money is in holdings XCHG also owns. 7.0% of XCHG's is in holdings SCHD also owns. They hold 48 positions in common, counted across the 100 positions we hold weights for in SCHD and 586 in XCHG.
Which pays a higher dividend, SCHD or XCHG?
SCHD yields 3.00% while XCHG yields 0.36%, so SCHD currently pays the higher dividend yield.
Is XCHG better than SCHD?
SCHD has a lower expense ratio. XCHG is less concentrated, with 41.3% 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.