JUST vs SCHK
Goldman Sachs JUST US Large Cap Equity ETF vs Schwab 1000 Index ETF
Which is better, JUST or SCHK?
Nearly the same fund. SCHK costs less.
SCHK has a lower expense ratio. JUST led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 1.00. SCHK is less concentrated, with 36.0% of the fund in its ten largest positions against 41.9%.
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 | JUST | SCHK |
|---|---|---|
| Expense Ratio | 0.20% | 0.03%Best |
| AUM | $572M | $5.8B |
| Dividend Yield | 0.94% | 1.04% |
| Holdings | 461 | 986 |
| YTD Return | +14.35%Best | +13.20% |
| 1Y Return | +18.75%Best | +16.85% |
| 3Y Return (annualized) | +22.22%Best | +22.21% |
| 5Y Return (annualized) | +12.57%Best | +12.41% |
| Volatility (annualized) | 16.6%Best | 16.9% |
| Max Drawdown | -33.8%Best | -34.8% |
| $10,000 over 5 years | $18,076Best | $17,948 |
| Top 10 Weight | 41.9% | 36.0%Best |
| Fund Family | Goldman Sachs Asset Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 7, 2018 | Oct 11, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Jun 13, 2018 to Oct 14, 2026 (8.3 years).
JUST vs SCHK 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 8.3 years both funds cover.
JUST vs SCHK Performance
Goldman Sachs JUST US Large Cap Equity ETF (JUST) is an ETF from Goldman Sachs Asset Management and Schwab 1000 Index ETF (SCHK) is an ETF from Charles Schwab Asset Management. Over the past year JUST returned +18.75% while SCHK returned +16.85%. Year to date, JUST is up 14.35% versus a gain of 13.20% for SCHK.
Over three years, JUST compounded at +22.22% per year against +22.21% for SCHK; over five years the annualized figures are +12.57% and +12.41% respectively. Across the full 8-year window we track, JUST has the edge at +13.71% annualized vs +13.63%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHK has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 16.6% for JUST. 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 -33.8% for JUST and -34.8% for SCHK. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JUST charges 0.20% per year while SCHK charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, JUST currently yields 0.94% against 1.04% for SCHK.
Holdings Overlap
97.7% of JUST's money is in holdings SCHK also owns. 76.3% of SCHK's money is in holdings JUST also owns.
Most of JUST is already inside SCHK. Owning both mostly buys the same companies twice.
418 positions in common, counted across the 462 positions we hold weights for in JUST and 998 in SCHK, against full books of 461 and 986.
What only one of them owns
Our book lists 534 positions for SCHK that do not appear in our book for JUST (22.9% of the fund), and 31 for JUST that do not appear in SCHK (1.7%).
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 JUST | Weight in SCHK | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.84% | 7.83% | 1.01% |
| AAPLApple Inc | 7.84% | 6.74% | 1.10% |
| MSFTMicrosoft Corp_None_0 | 6.25% | 5.32% | 0.93% |
| AMZNAmazon.Com Inc | 4.86% | 3.42% | 1.44% |
| GOOGLAlphabet Inc-cl A | 3.24% | 2.79% | 0.45% |
| AVGOBroadcom Inc | 2.62% | 2.34% | 0.28% |
| GOOGAlphabet, Inc.- Cl C | 2.61% | 2.24% | 0.37% |
| MUMicron Technology, Inc. | 2.03% | 1.68% | 0.35% |
| JPMJpmorgan Chase & Co | 1.94% | 1.22% | 0.72% |
| AMDAdvanced Micro Devices Inc. | 1.64% | 1.43% | 0.21% |
97.7% of JUST is already inside SCHK.
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, JUST or SCHK?
JUST has an expense ratio of 0.20% while SCHK charges 0.03%. SCHK is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, JUST or SCHK?
Over the past year JUST returned +18.75% vs +16.85% for SCHK, so JUST leads on 1-year performance. Over the longest common window we track (8 years), JUST annualized +13.71% vs +13.63% for SCHK. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JUST or SCHK?
SCHK has been the more volatile fund at 16.9% annualized versus 16.6% for JUST. Worst drawdown: JUST -33.8% vs SCHK -34.8%.
Should I hold both JUST and SCHK?
JUST and SCHK have a monthly-return correlation of 1.00, 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 JUST and SCHK?
97.7% of JUST's money is in holdings SCHK also owns. 76.3% of SCHK's is in holdings JUST also owns. They hold 418 positions in common, counted across the 462 positions we hold weights for in JUST and 998 in SCHK.
Which pays a higher dividend, JUST or SCHK?
JUST yields 0.94% while SCHK yields 1.04%, so SCHK currently pays the higher dividend yield.
Is SCHK better than JUST?
SCHK has a lower expense ratio. JUST led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 1.00. SCHK is less concentrated, with 36.0% of the fund in its ten largest positions against 41.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.