SCHD vs XSPI
Schwab US Dividend Equity ETF vs NEOS Boosted S&P 500 High Income ETF
Which is better, SCHD or XSPI?
Large Cap Value against Multi Alternative.
SCHD has a lower expense ratio. XSPI is less concentrated, with 38.2% 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 | XSPI |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.98% |
| AUM | $112.1B | $116M |
| Dividend Yield | 3.00% | 9.60% |
| Holdings | 103 | 509 |
| YTD Return | +25.07%Best | +10.02% |
| 1Y Return | +27.61% | - |
| 3Y Return (annualized) | +15.74% | - |
| 5Y Return (annualized) | +9.89% | - |
| Top 10 Weight | 41.8% | 38.2%Best |
| Fund Family | Charles Schwab Asset Management | NEOS |
| Category | Equity | Alternative |
| Style | Large Cap Value | Multi Alternative |
| Inception | Oct 20, 2011 | Feb 2, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
SCHD vs XSPI 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 XSPI Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and NEOS Boosted S&P 500 High Income ETF (XSPI) is an ETF from NEOS. Year to date, SCHD is up 25.07% versus a gain of 10.02% for XSPI.
Past performance does not guarantee future results.
Fees and Cost Over Time
SCHD charges 0.06% per year while XSPI charges 0.98%. On a $10,000 position that is $6 vs $98 annually, a gap of $92 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 9.60% for XSPI.
Holdings Overlap
93.2% of SCHD's money is in holdings XSPI also owns. 7.7% of XSPI's money is in holdings SCHD also owns.
Most of SCHD is already inside XSPI. Owning both mostly buys the same companies twice.
43 positions in common, counted across the 100 positions we hold weights for in SCHD and 496 in XSPI, against full books of 103 and 509.
What only one of them owns
Our book lists 442 positions for XSPI that do not appear in our book for SCHD (88.2% of the fund), and 56 for SCHD that do not appear in XSPI (6.8%).
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 XSPI | Difference |
|---|---|---|---|
| MRKMerck & Co. Inc. | 4.77% | 0.54% | 4.23% |
| AMGNAmgen Inc. | 4.70% | 0.34% | 4.36% |
| ABTAbbott Laboratories | 4.69% | 0.29% | 4.40% |
| KOCoca Cola Co. | 4.17% | 0.53% | 3.64% |
| CVXChevron Corp. | 4.02% | 0.58% | 3.44% |
| HDHome Depot Inc/The | 3.88% | 0.49% | 3.39% |
| UNHUnitedhealth Group Inc. | 3.82% | 0.55% | 3.27% |
| PGProcter & Gamble Company | 3.83% | 0.51% | 3.32% |
| VZVerizon Communications, Inc. | 3.97% | 0.30% | 3.67% |
| COPConocophillips Co | 3.94% | 0.24% | 3.70% |
93.2% of SCHD is already inside XSPI.
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 XSPI?
SCHD has an expense ratio of 0.06% while XSPI charges 0.98%. SCHD is the cheaper option, by $92 a year on a $10,000 investment.
What is the holdings overlap between SCHD and XSPI?
93.2% of SCHD's money is in holdings XSPI also owns. 7.7% of XSPI's is in holdings SCHD also owns. They hold 43 positions in common, counted across the 100 positions we hold weights for in SCHD and 496 in XSPI.
Which pays a higher dividend, SCHD or XSPI?
SCHD yields 3.00% while XSPI yields 9.60%, so XSPI currently pays the higher dividend yield.
Is XSPI better than SCHD?
SCHD has a lower expense ratio. XSPI is less concentrated, with 38.2% 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.