SCHD vs XUSP

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricSCHDXUSPWinner
Expense Ratio0.06%0.79%
AUM$103.7B$51M
Dividend Yield3.31%0.00%
Holdings10414
YTD Return+24.26%+15.59%
1Y Return+31.38%+27.45%
3Y Return (annualized)+15.08%+24.00%
5Y Return (annualized)+9.72%-
Volatility (annualized)13.6%17.9%
Max Drawdown-33.4%-22.6%
Fund FamilyCharles Schwab Asset ManagementInnovator ETFs Trust
CategoryEquityAlternative
InceptionOct 20, 2011Aug 10, 2022

SCHD vs XUSP Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Innovator Uncapped Accelerated US Equity ETF (XUSP) is a ETF from Innovator ETFs Trust. Over the past year SCHD returned +31.38% while XUSP returned +27.45%. Year to date, SCHD is up 24.26% versus a gain of 15.59% for XUSP.

Over three years, SCHD compounded at +15.08% per year against +24.00% for XUSP. Across the full 4-year window we track, XUSP has the edge at +19.69% annualized vs +11.39%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

XUSP has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 13.6% 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 -22.6% for XUSP. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SCHD charges 0.06% per year while XUSP charges 0.79%. On a $10,000 position that is $6 vs $79 annually, a gap of $73 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.00% for XUSP.

Frequently Asked Questions

Which is cheaper, SCHD or XUSP?

SCHD has an expense ratio of 0.06% while XUSP charges 0.79%. SCHD is the cheaper option. On a $10,000 investment, that is $73 per year of difference.

Which performed better, SCHD or XUSP?

Over the past year SCHD returned +31.38% vs +27.45% for XUSP, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), SCHD annualized +11.39% vs +19.69% for XUSP. Past performance does not guarantee future results.

Which is riskier, SCHD or XUSP?

XUSP has been the more volatile fund at 17.9% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs XUSP -22.6%.

Should I hold both SCHD and XUSP?

SCHD and XUSP have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, SCHD or XUSP?

SCHD yields 3.31% while XUSP yields 0.00%, so SCHD currently pays the higher dividend yield.

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