LITL vs SCHD
Simplify Piper Sandler US Small-Cap PLUS Income ETF vs Schwab US Dividend Equity ETF
Which is better, LITL or SCHD?
Small Cap Value against Large Cap Value.
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 | LITL | SCHD |
|---|---|---|
| Expense Ratio | 0.91% | 0.06%Best |
| AUM | $6M | $111.6B |
| Dividend Yield | 2.09% | 3.24% |
| Holdings | 160 | 206 |
| YTD Return | +14.95% | +24.55%Best |
| 1Y Return | +20.93% | +29.85%Best |
| 3Y Return (annualized) | - | +16.64% |
| 5Y Return (annualized) | - | +9.54% |
| Volatility (annualized) | 14.8% | 13.0%Best |
| Max Drawdown | -9.3% | -6.9%Best |
| $10,000 over 1.5 years | $13,680 | $13,862Best |
| Fund Family | Simplify Exchange Traded Funds | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Value |
| Inception | Apr 28, 2025 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Apr 29, 2025 to Oct 14, 2026 (1.5 years).
LITL vs SCHD 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 1.5 years both funds cover.
LITL vs SCHD Performance
Simplify Piper Sandler US Small-Cap PLUS Income ETF (LITL) is an ETF from Simplify Exchange Traded Funds and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year LITL returned +20.93% while SCHD returned +29.85%. Year to date, LITL is up 14.95% versus a gain of 24.55% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LITL has been the more volatile fund, with annualized monthly volatility of 14.8% compared with 13.0% for SCHD. 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 -9.3% for LITL and -6.9% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.32. They move together some of the time, and apart the rest.
Fees and Cost Over Time
LITL charges 0.91% per year while SCHD charges 0.06%. On a $10,000 position that is $91 vs $6 annually, a gap of $85 per year that compounds over a long holding period. On income, LITL currently yields 2.09% against 3.24% for SCHD.
Holdings Overlap
At least 0.2% of SCHD's money is in holdings LITL also owns.
Stated as a floor: for LITL, our book for it covers 94.4% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
5 positions in common, counted across the 162 positions we hold weights for in LITL and 98 in SCHD, against full books of 160 and 206.
You are not choosing between two funds in isolation.
Whichever of LITL and SCHD 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, LITL or SCHD?
LITL has an expense ratio of 0.91% while SCHD charges 0.06%. SCHD is the cheaper option, by $85 a year on a $10,000 investment.
Which performed better, LITL or SCHD?
Over the past year LITL returned +20.93% vs +29.85% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), LITL annualized +23.23% vs +24.32% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LITL or SCHD?
LITL has been the more volatile fund at 14.8% annualized versus 13.0% for SCHD. Worst drawdown: LITL -9.3% vs SCHD -6.9%.
Should I hold both LITL and SCHD?
LITL and SCHD have a monthly-return correlation of 0.32, 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, LITL or SCHD?
LITL yields 2.09% while SCHD yields 3.24%, so SCHD currently pays the higher dividend yield.
Is SCHD better than LITL?
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.