SCHD vs XYLD
Schwab US Dividend Equity ETF vs Global X S&P 500 Covered Call ETF
Which is better, SCHD or XYLD?
Large Cap Value against Multi Alternative.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. XYLD is less concentrated, with 39.4% 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 | XYLD |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.60% |
| AUM | $112.1B | $3.3B |
| Dividend Yield | 3.00% | 10.44% |
| Holdings | 103 | 507 |
| YTD Return | +25.07%Best | +9.81% |
| 1Y Return | +27.61%Best | +17.92% |
| 3Y Return (annualized) | +15.74%Best | +12.47% |
| 5Y Return (annualized) | +9.89%Best | +7.61% |
| Volatility (annualized) | 14.2% | 11.2%Best |
| Max Drawdown | -33.4%Best | -34.7% |
| $10,000 over 5 years | $16,025Best | $14,430 |
| Top 10 Weight | 41.8% | 39.4%Best |
| Fund Family | Charles Schwab Asset Management | Global X by mirae Asset |
| Category | Equity | Alternative |
| Style | Large Cap Value | Multi Alternative |
| Inception | Oct 20, 2011 | Jun 21, 2013 |
Volatility and max drawdown are measured over the window both funds cover: Jun 24, 2013 to Sep 11, 2026 (13.2 years).
SCHD vs XYLD 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 13.2 years both funds cover.
SCHD vs XYLD Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Global X S&P 500 Covered Call ETF (XYLD) is an ETF from Global X by mirae Asset. Over the past year SCHD returned +27.61% while XYLD returned +17.92%. Year to date, SCHD is up 25.07% versus a gain of 9.81% for XYLD.
Over three years, SCHD compounded at +15.74% per year against +12.47% for XYLD; over five years the annualized figures are +9.89% and +7.61% respectively. Across the full 13-year window we track, SCHD has the edge at +10.75% annualized vs +5.00%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.2% compared with 11.2% for XYLD. 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 -34.7% for XYLD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while XYLD charges 0.60%. On a $10,000 position that is $6 vs $60 annually, a gap of $54 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 10.44% for XYLD.
Holdings Overlap
94.7% of SCHD's money is in holdings XYLD also owns. 8.0% of XYLD's money is in holdings SCHD also owns.
Most of SCHD is already inside XYLD. Owning both mostly buys the same companies twice.
45 positions in common, counted across the 100 positions we hold weights for in SCHD and 490 in XYLD, against full books of 103 and 507.
What only one of them owns
Our book lists 438 positions for XYLD that do not appear in our book for SCHD (94.7% of the fund), and 54 for SCHD that do not appear in XYLD (5.2%).
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 XYLD | Difference |
|---|---|---|---|
| MRKMerck & Co. Inc. | 4.77% | 0.49% | 4.28% |
| AMGNAmgen Inc. | 4.70% | 0.33% | 4.37% |
| ABTAbbott Laboratories | 4.69% | 0.29% | 4.40% |
| KOCoca Cola Co. | 4.17% | 0.52% | 3.65% |
| CVXChevron Corp. | 4.02% | 0.56% | 3.46% |
| HDHome Depot Inc/The | 3.88% | 0.54% | 3.34% |
| UNHUnitedhealth Group Inc. | 3.82% | 0.58% | 3.24% |
| PGProcter & Gamble Company | 3.83% | 0.54% | 3.29% |
| VZVerizon Communications, Inc. | 3.97% | 0.30% | 3.67% |
| COPConocophillips Co | 3.94% | 0.22% | 3.72% |
94.7% of SCHD is already inside XYLD.
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 XYLD?
SCHD has an expense ratio of 0.06% while XYLD charges 0.60%. SCHD is the cheaper option, by $54 a year on a $10,000 investment.
Which performed better, SCHD or XYLD?
Over the past year SCHD returned +27.61% vs +17.92% for XYLD, so SCHD leads on 1-year performance. Over the longest common window we track (13 years), SCHD annualized +10.75% vs +5.00% for XYLD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or XYLD?
SCHD has been the more volatile fund at 14.2% annualized versus 11.2% for XYLD. Worst drawdown: SCHD -33.4% vs XYLD -34.7%.
Should I hold both SCHD and XYLD?
SCHD and XYLD have a monthly-return correlation of 0.80, 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 XYLD?
94.7% of SCHD's money is in holdings XYLD also owns. 8.0% of XYLD's is in holdings SCHD also owns. They hold 45 positions in common, counted across the 100 positions we hold weights for in SCHD and 490 in XYLD.
Which pays a higher dividend, SCHD or XYLD?
SCHD yields 3.00% while XYLD yields 10.44%, so XYLD currently pays the higher dividend yield.
Is XYLD better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. XYLD is less concentrated, with 39.4% 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.