PRCS vs SCHD
Parnassus Core Select ETF vs Schwab US Dividend Equity ETF
Which is better, PRCS or SCHD?
Large Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.6% of the fund in its ten largest positions against 59.8%.
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 | PRCS | SCHD |
|---|---|---|
| Expense Ratio | 0.58% | 0.06%Best |
| AUM | $182M | $111.6B |
| Dividend Yield | 0.12% | 3.24% |
| Holdings | 54 | 206 |
| YTD Return | +8.44% | +24.55%Best |
| 1Y Return | +12.02% | +29.85%Best |
| 3Y Return (annualized) | - | +16.64% |
| 5Y Return (annualized) | - | +9.54% |
| Volatility (annualized) | 12.4%Best | 13.8% |
| Max Drawdown | -18.2% | -14.0%Best |
| $10,000 over 1.8 years | $11,614 | $12,666Best |
| Top 10 Weight | 59.8% | 41.6%Best |
| Fund Family | Parnassus Investments | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Dec 12, 2024 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 12, 2024 to Oct 14, 2026 (1.8 years).
PRCS 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 1.8 years both funds cover.
PRCS vs SCHD Performance
Parnassus Core Select ETF (PRCS) is an ETF from Parnassus Investments and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year PRCS returned +12.02% while SCHD returned +29.85%. Year to date, PRCS is up 8.44% versus a gain of 24.55% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.8% compared with 12.4% for PRCS. 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 -18.2% for PRCS and -14.0% 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 0.27. They move largely independently of each other.
Fees and Cost Over Time
PRCS charges 0.58% per year while SCHD charges 0.06%. On a $10,000 position that is $58 vs $6 annually, a gap of $52 per year that compounds over a long holding period. On income, PRCS currently yields 0.12% against 3.24% for SCHD.
Holdings Overlap
2.4% of PRCS's money is in holdings SCHD also owns. 3.8% of SCHD's money is in holdings PRCS also owns.
SCHD and PRCS share little of their money.
1 positions in common, counted across the 26 positions we hold weights for in PRCS and 98 in SCHD, against full books of 54 and 206.
What only one of them owns
Our book lists 96 positions for SCHD that do not appear in our book for PRCS (96.0% of the fund), and 25 for PRCS that do not appear in SCHD (97.6%).
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 PRCS | Weight in SCHD | Difference |
|---|---|---|---|
| HDHome Depot Inc/The | 2.40% | 3.77% | 1.37% |
You are not choosing between two funds in isolation.
Whichever of PRCS 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, PRCS or SCHD?
PRCS has an expense ratio of 0.58% while SCHD charges 0.06%. SCHD is the cheaper option, by $52 a year on a $10,000 investment.
Which performed better, PRCS or SCHD?
Over the past year PRCS returned +12.02% vs +29.85% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), PRCS annualized +8.67% vs +14.03% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PRCS or SCHD?
SCHD has been the more volatile fund at 13.8% annualized versus 12.4% for PRCS. Worst drawdown: PRCS -18.2% vs SCHD -14.0%.
Should I hold both PRCS and SCHD?
PRCS and SCHD have a monthly-return correlation of 0.27, 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 PRCS and SCHD?
3.8% of SCHD's money is in holdings PRCS also owns. 3.8% of SCHD's is in holdings PRCS also owns. They hold 1 positions in common, counted across the 26 positions we hold weights for in PRCS and 98 in SCHD.
Which pays a higher dividend, PRCS or SCHD?
PRCS yields 0.12% while SCHD yields 3.24%, so SCHD currently pays the higher dividend yield.
Is SCHD better than PRCS?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SCHD is less concentrated, with 41.6% of the fund in its ten largest positions against 59.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.