NOEQ vs SCHK
Northern Trust US Equity ETF vs Schwab 1000 Index ETF
Which is better, NOEQ or SCHK?
SCHK costs less.
SCHK has a lower expense ratio. SCHK is less concentrated, with 36.0% of the fund in its ten largest positions against 61.7%.
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 | NOEQ | SCHK |
|---|---|---|
| Expense Ratio | 0.12% | 0.03%Best |
| AUM | $906M | $5.8B |
| Dividend Yield | 0.41% | 1.04% |
| Holdings | 406 | 986 |
| YTD Return | +17.57%Best | +13.20% |
| 1Y Return | - | +16.85% |
| 3Y Return (annualized) | - | +22.21% |
| 5Y Return (annualized) | - | +12.41% |
| Top 10 Weight | 61.7% | 36.0%Best |
| Fund Family | Northern Trust Asset Management | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 20, 2026 | Oct 11, 2017 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
NOEQ 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 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.
NOEQ vs SCHK Performance
Northern Trust US Equity ETF (NOEQ) is an ETF from Northern Trust Asset Management and Schwab 1000 Index ETF (SCHK) is an ETF from Charles Schwab Asset Management. Year to date, NOEQ is up 17.57% versus a gain of 13.20% for SCHK.
Past performance does not guarantee future results.
Fees and Cost Over Time
NOEQ charges 0.12% per year while SCHK charges 0.03%. On a $10,000 position that is $12 vs $3 annually, a gap of $9 per year that compounds over a long holding period. On income, NOEQ currently yields 0.41% against 1.04% for SCHK.
Holdings Overlap
63.2% of NOEQ's money is in holdings SCHK also owns. 78.5% of SCHK's money is in holdings NOEQ also owns.
Most of SCHK is already inside NOEQ. Owning both mostly buys the same companies twice.
330 positions in common, counted across the 401 positions we hold weights for in NOEQ and 998 in SCHK, against full books of 406 and 986.
What only one of them owns
Our book lists 622 positions for SCHK that do not appear in our book for NOEQ (20.6% of the fund), and 25 for NOEQ that do not appear in SCHK (34.9%).
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 NOEQ | Weight in SCHK | Difference |
|---|---|---|---|
| NVDANvidia Corp | 3.29% | 7.83% | 4.54% |
| AAPLApple, Inc | 2.86% | 6.74% | 3.88% |
| GOOGAlphabet Inc. C | 6.58% | 2.24% | 4.34% |
| AMZNAmazon.Com Inc | 4.53% | 3.42% | 1.11% |
| MSFTMicrosoft Corp | 2.09% | 5.32% | 3.23% |
| XOMExxonmobil Holdings Corp Common Stock Usd | 4.11% | 0.93% | 3.18% |
| JNJJohnson & Johnson - Common | 4.06% | 0.85% | 3.21% |
| LLYEli Lilly & Co. | 3.48% | 1.27% | 2.21% |
| CVXChevron Corp | 3.88% | 0.57% | 3.31% |
| BABoeing Co | 3.38% | 0.21% | 3.17% |
78.5% of SCHK is already inside NOEQ.
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, NOEQ or SCHK?
NOEQ has an expense ratio of 0.12% while SCHK charges 0.03%. SCHK is the cheaper option, by $9 a year on a $10,000 investment.
What is the holdings overlap between NOEQ and SCHK?
78.5% of SCHK's money is in holdings NOEQ also owns. 78.5% of SCHK's is in holdings NOEQ also owns. They hold 330 positions in common, counted across the 401 positions we hold weights for in NOEQ and 998 in SCHK.
Which pays a higher dividend, NOEQ or SCHK?
NOEQ yields 0.41% while SCHK yields 1.04%, so SCHK currently pays the higher dividend yield.
Is SCHK better than NOEQ?
SCHK has a lower expense ratio. SCHK is less concentrated, with 36.0% of the fund in its ten largest positions against 61.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.