SCHD vs XV
Schwab US Dividend Equity ETF vs Simplify Target 15 Distribution ETF
Which is better, SCHD or XV?
Large Cap Value against Multi Alternative.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window.
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 | XV |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.75% |
| AUM | $112.1B | $81M |
| Dividend Yield | 3.00% | 18.85% |
| Holdings | 103 | 29 |
| YTD Return | +24.23%Best | +7.29% |
| 1Y Return | +27.90%Best | +10.10% |
| 3Y Return (annualized) | +15.55% | - |
| 5Y Return (annualized) | +9.97% | - |
| Volatility (annualized) | 12.1% | 7.6%Best |
| Max Drawdown | -4.6%Best | -5.7% |
| $10,000 over 1.4 years | $13,876Best | $12,400 |
| Fund Family | Charles Schwab Asset Management | Simplify Exchange Traded Funds |
| Category | Equity | Alternative |
| Style | Large Cap Value | Multi Alternative |
| Inception | Oct 20, 2011 | Apr 14, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: Apr 15, 2025 to Sep 17, 2026 (1.4 years).
SCHD vs XV 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 1.4 years both funds cover.
SCHD vs XV Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Simplify Target 15 Distribution ETF (XV) is an ETF from Simplify Exchange Traded Funds. Over the past year SCHD returned +27.90% while XV returned +10.10%. Year to date, SCHD is up 24.23% versus a gain of 7.29% for XV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 12.1% compared with 7.6% for XV. 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 -5.7% for XV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.22. They move largely independently of each other.
Fees and Cost Over Time
SCHD charges 0.06% per year while XV charges 0.75%. On a $10,000 position that is $6 vs $75 annually, a gap of $69 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 18.85% for XV.
Holdings Overlap
We hold position weights for 100 holdings in SCHD and 1 in XV, totalling 100.0% and 70.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 100 positions we hold weights for in SCHD and 1 in XV, against full books of 103 and 29.
You are not choosing between two funds in isolation.
Whichever of SCHD and XV 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 XV?
SCHD has an expense ratio of 0.06% while XV charges 0.75%. SCHD is the cheaper option, by $69 a year on a $10,000 investment.
Which performed better, SCHD or XV?
Over the past year SCHD returned +27.90% vs +10.10% for XV, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), SCHD annualized +26.36% vs +16.61% for XV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or XV?
SCHD has been the more volatile fund at 12.1% annualized versus 7.6% for XV. Worst drawdown: SCHD -4.6% vs XV -5.7%.
Should I hold both SCHD and XV?
SCHD and XV have a monthly-return correlation of 0.22, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SCHD or XV?
SCHD yields 3.00% while XV yields 18.85%, so XV currently pays the higher dividend yield.
Is XV better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.