SCHD vs XXSP
Schwab US Dividend Equity ETF vs Subversive S&P 500 Redacted ETF
Which is better, SCHD or XXSP?
Large Cap Value against Large Cap Growth.
SCHD has a lower expense ratio. XXSP is less concentrated, with 37.7% 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 | XXSP |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.30% |
| AUM | $119.9B | $2M |
| Dividend Yield | 2.96% | 0.00% |
| Holdings | 204 | 496 |
| YTD Return | +29.95%Best | -5.64% |
| 1Y Return | +37.26% | - |
| 3Y Return (annualized) | +19.10% | - |
| 5Y Return (annualized) | +9.87% | - |
| Top 10 Weight | 41.8% | 37.7%Best |
| Fund Family | Charles Schwab Asset Management | Subversive Capital |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Oct 20, 2011 | Oct 8, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
SCHD vs XXSP 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 XXSP Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Subversive S&P 500 Redacted ETF (XXSP) is an ETF from Subversive Capital. Year to date, SCHD is up 29.95% versus a loss of 5.64% for XXSP.
Past performance does not guarantee future results.
Fees and Cost Over Time
SCHD charges 0.06% per year while XXSP charges 0.30%. On a $10,000 position that is $6 vs $30 annually, a gap of $24 per year that compounds over a long holding period. On income, SCHD currently yields 2.96% against 0.00% for XXSP.
Holdings Overlap
94.4% of SCHD's money is in holdings XXSP also owns. 8.3% of XXSP's money is in holdings SCHD also owns.
Most of SCHD is already inside XXSP. Owning both mostly buys the same companies twice.
44 positions in common, counted across the 98 positions we hold weights for in SCHD and 496 in XXSP, against full books of 204 and 496.
What only one of them owns
Our book lists 449 positions for XXSP that do not appear in our book for SCHD (90.7% of the fund), and 53 for SCHD that do not appear in XXSP (5.3%).
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 XXSP | Difference |
|---|---|---|---|
| CVXChevron Corp | 4.32% | 0.70% | 3.62% |
| TXNTexas Instrument Inc | 4.53% | 0.45% | 4.08% |
| PGProcter & Gamble Company | 4.36% | 0.56% | 3.80% |
| KOCoca Cola Co. | 4.28% | 0.55% | 3.73% |
| UNHUnitedhealth Group Incorporated | 4.07% | 0.55% | 3.52% |
| MRKMerck & Company Inc | 4.00% | 0.54% | 3.46% |
| COPConocophillips Common Stock USD 0.01 | 4.27% | 0.27% | 4.00% |
| QCOMQualcomm Inc. | 4.18% | 0.31% | 3.87% |
| AMGNAmgen Inc. | 3.96% | 0.37% | 3.59% |
| HDHome Depot Inc | 3.82% | 0.50% | 3.32% |
94.4% of SCHD is already inside XXSP.
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 XXSP?
SCHD has an expense ratio of 0.06% while XXSP charges 0.30%. SCHD is the cheaper option, by $24 a year on a $10,000 investment.
What is the holdings overlap between SCHD and XXSP?
94.4% of SCHD's money is in holdings XXSP also owns. 8.3% of XXSP's is in holdings SCHD also owns. They hold 44 positions in common, counted across the 98 positions we hold weights for in SCHD and 496 in XXSP.
Which pays a higher dividend, SCHD or XXSP?
SCHD yields 2.96% while XXSP yields 0.00%, so SCHD currently pays the higher dividend yield.
Is XXSP better than SCHD?
SCHD has a lower expense ratio. XXSP is less concentrated, with 37.7% 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.