SCHD vs YLDE
Schwab US Dividend Equity ETF vs Franklin ClearBridge Enhanced Income ETF
Which is better, SCHD or YLDE?
Large Cap Value against Large Cap Blend.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window, YLDE over 3Y and 5Y. The two have moved almost in lockstep, correlation 0.91. YLDE is less concentrated, with 32.4% 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 | YLDE |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.48% |
| AUM | $112.1B | $174M |
| Dividend Yield | 3.00% | 7.02% |
| Holdings | 103 | 58 |
| YTD Return | +24.59%Best | +7.89% |
| 1Y Return | +28.14%Best | +10.58% |
| 3Y Return (annualized) | +15.58% | +15.73%Best |
| 5Y Return (annualized) | +9.90% | +10.47%Best |
| Volatility (annualized) | 15.8% | 14.8%Best |
| Max Drawdown | -33.4% | -33.3%Best |
| $10,000 over 5 years | $16,032 | $16,452Best |
| Top 10 Weight | 41.8% | 32.4%Best |
| Fund Family | Charles Schwab Asset Management | Franklin Templeton Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 20, 2011 | May 22, 2017 |
Volatility and max drawdown are measured over the window both funds cover: May 23, 2017 to Sep 10, 2026 (9.3 years).
SCHD vs YLDE 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 9.3 years both funds cover.
SCHD vs YLDE Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Franklin ClearBridge Enhanced Income ETF (YLDE) is an ETF from Franklin Templeton Investments (US). Over the past year SCHD returned +28.14% while YLDE returned +10.58%. Year to date, SCHD is up 24.59% versus a gain of 7.89% for YLDE.
Over three years, SCHD compounded at +15.58% per year against +15.73% for YLDE; over five years the annualized figures are +9.90% and +10.47% respectively. Across the full 9-year window we track, SCHD has the edge at +11.52% annualized vs +11.24%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 14.8% for YLDE. 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 -33.3% for YLDE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SCHD charges 0.06% per year while YLDE charges 0.48%. On a $10,000 position that is $6 vs $48 annually, a gap of $42 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 7.02% for YLDE.
Holdings Overlap
22.7% of SCHD's money is in holdings YLDE also owns. 12.3% of YLDE's money is in holdings SCHD also owns.
SCHD and YLDE share little of their money.
7 positions in common, counted across the 100 positions we hold weights for in SCHD and 50 in YLDE, against full books of 103 and 58.
What only one of them owns
Our book lists 38 positions for YLDE that do not appear in our book for SCHD (80.5% of the fund), and 92 for SCHD that do not appear in YLDE (77.2%).
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 YLDE | Difference |
|---|---|---|---|
| KOCoca Cola Co. | 4.17% | 2.02% | 2.15% |
| TXNTexas Instruments, Inc | 3.13% | 2.05% | 1.08% |
| HDHome Depot Inc/The | 3.88% | 1.29% | 2.59% |
| ADPAutomatic Data Processing, Inc. | 2.79% | 2.34% | 0.45% |
| BXBlackstone Group Inc/the Common Stock | 2.59% | 1.94% | 0.65% |
| CMCSAComcast Corp. Class A | 2.31% | 2.14% | 0.17% |
| PGProcter & Gamble Company | 3.83% | 0.50% | 3.33% |
22.7% of SCHD is already inside YLDE.
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 YLDE?
SCHD has an expense ratio of 0.06% while YLDE charges 0.48%. SCHD is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, SCHD or YLDE?
Over the past year SCHD returned +28.14% vs +10.58% for YLDE, so SCHD leads on 1-year performance. Over the longest common window we track (9 years), SCHD annualized +11.52% vs +11.24% for YLDE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or YLDE?
SCHD has been the more volatile fund at 15.8% annualized versus 14.8% for YLDE. Worst drawdown: SCHD -33.4% vs YLDE -33.3%.
Should I hold both SCHD and YLDE?
SCHD and YLDE have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between SCHD and YLDE?
22.7% of SCHD's money is in holdings YLDE also owns. 12.3% of YLDE's is in holdings SCHD also owns. They hold 7 positions in common, counted across the 100 positions we hold weights for in SCHD and 50 in YLDE.
Which pays a higher dividend, SCHD or YLDE?
SCHD yields 3.00% while YLDE yields 7.02%, so YLDE currently pays the higher dividend yield.
Is YLDE better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window, YLDE over 3Y and 5Y. The two have moved almost in lockstep, correlation 0.91. YLDE is less concentrated, with 32.4% 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.