SCHD vs XOEF
Schwab US Dividend Equity ETF vs iShares S&P 500 ex S&P 100 ETF
Which is better, SCHD or XOEF?
Large Cap Value against Large Cap Blend.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. XOEF is less concentrated, with 11.5% 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 | XOEF |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.20% |
| AUM | $112.1B | $23M |
| Dividend Yield | 3.00% | 1.04% |
| Holdings | 103 | 408 |
| YTD Return | +25.07%Best | +14.15% |
| 1Y Return | +27.61%Best | +17.05% |
| 3Y Return (annualized) | +15.74% | - |
| 5Y Return (annualized) | +9.89% | - |
| Volatility (annualized) | 13.0% | 11.3%Best |
| Max Drawdown | -4.6%Best | -7.7% |
| $10,000 over 1.2 years | $13,035Best | $12,039 |
| Top 10 Weight | 41.8% | 11.5%Best |
| Fund Family | Charles Schwab Asset Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 20, 2011 | Jul 8, 2025 |
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jul 9, 2025 to Sep 11, 2026 (1.2 years).
SCHD vs XOEF 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 1.2 years both funds cover.
SCHD vs XOEF Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and iShares S&P 500 ex S&P 100 ETF (XOEF) is an ETF from iShares by BlackRock (US). Over the past year SCHD returned +27.61% while XOEF returned +17.05%. Year to date, SCHD is up 25.07% versus a gain of 14.15% for XOEF.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.0% compared with 11.3% for XOEF. 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 -4.6% for SCHD and -7.7% for XOEF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.51. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while XOEF charges 0.20%. On a $10,000 position that is $6 vs $20 annually, a gap of $14 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 1.04% for XOEF.
Holdings Overlap
27.8% of SCHD's money is in holdings XOEF also owns. 5.9% of XOEF's money is in holdings SCHD also owns.
SCHD and XOEF share little of their money.
27 positions in common, counted across the 100 positions we hold weights for in SCHD and 404 in XOEF, against full books of 103 and 408.
What only one of them owns
Our book lists 366 positions for XOEF that do not appear in our book for SCHD (92.2% of the fund), and 72 for SCHD that do not appear in XOEF (72.1%).
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 XOEF | Difference |
|---|---|---|---|
| ADPAutomatic Data Processing, Inc. | 2.79% | 0.59% | 2.20% |
| BXBlackstone Group Inc/the Common Stock | 2.59% | 0.55% | 2.04% |
| SLBSchlumberger Nv. | 2.19% | 0.41% | 1.78% |
| EOGEog Resources Inc | 1.88% | 0.39% | 1.49% |
| TGTTarget Corp. | 1.78% | 0.36% | 1.42% |
| OKEOneok Inc. | 1.47% | 0.30% | 1.17% |
| FASTFastenal Co. | 1.38% | 0.31% | 1.07% |
| FFord Motor Co. | 1.33% | 0.30% | 1.03% |
| DVNDevon Energy Corp. | 1.36% | 0.26% | 1.10% |
| FITBFifth Third Bancorp | 1.19% | 0.29% | 0.90% |
27.8% of SCHD is already inside XOEF.
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 XOEF?
SCHD has an expense ratio of 0.06% while XOEF charges 0.20%. SCHD is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, SCHD or XOEF?
Over the past year SCHD returned +27.61% vs +17.05% for XOEF, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), SCHD annualized +24.72% vs +16.72% for XOEF. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or XOEF?
SCHD has been the more volatile fund at 13.0% annualized versus 11.3% for XOEF. Worst drawdown: SCHD -4.6% vs XOEF -7.7%.
Should I hold both SCHD and XOEF?
SCHD and XOEF have a monthly-return correlation of 0.51, 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 XOEF?
27.8% of SCHD's money is in holdings XOEF also owns. 5.9% of XOEF's is in holdings SCHD also owns. They hold 27 positions in common, counted across the 100 positions we hold weights for in SCHD and 404 in XOEF.
Which pays a higher dividend, SCHD or XOEF?
SCHD yields 3.00% while XOEF yields 1.04%, so SCHD currently pays the higher dividend yield.
Is XOEF better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. XOEF is less concentrated, with 11.5% 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.