RSPC vs SCHD
Invesco S&P 500 Equal Weight Communication Services ETF vs Schwab US Dividend Equity ETF
Which is better, RSPC or SCHD?
SCHD has been ahead.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.6% of the fund in its ten largest positions against 47.7%.
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 | RSPC | SCHD |
|---|---|---|
| Expense Ratio | 0.40% | 0.06%Best |
| AUM | $54M | $111.6B |
| Dividend Yield | 1.16% | 3.24% |
| Holdings | 56 | 206 |
| YTD Return | -11.56% | +24.55%Best |
| 1Y Return | -10.82% | +29.85%Best |
| 3Y Return (annualized) | +9.99% | +16.64%Best |
| 5Y Return (annualized) | -0.78% | +9.54%Best |
| Volatility (annualized) | 19.9% | 16.6%Best |
| Max Drawdown | -38.0% | -33.4%Best |
| $10,000 over 5 years | $9,616 | $15,771Best |
| Top 10 Weight | 47.7% | 41.6%Best |
| Fund Family | Invesco (US) | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Nov 7, 2018 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Nov 7, 2018 to Oct 14, 2026 (7.9 years).
RSPC 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 7.9 years both funds cover.
RSPC vs SCHD Performance
Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) is an ETF from Invesco (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year RSPC returned -10.82% while SCHD returned +29.85%. Year to date, RSPC is down 11.56% versus a gain of 24.55% for SCHD.
Over three years, RSPC compounded at +9.99% per year against +16.64% for SCHD; over five years the annualized figures are -0.78% and +9.54% respectively. Across the full 8-year window we track, SCHD has the edge at +11.57% annualized vs +5.01%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RSPC has been the more volatile fund, with annualized monthly volatility of 19.9% compared with 16.6% 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 -38.0% for RSPC and -33.4% 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RSPC charges 0.40% per year while SCHD charges 0.06%. On a $10,000 position that is $40 vs $6 annually, a gap of $34 per year that compounds over a long holding period. On income, RSPC currently yields 1.16% against 3.24% for SCHD.
Holdings Overlap
8.5% of RSPC's money is in holdings SCHD also owns. 5.8% of SCHD's money is in holdings RSPC also owns.
RSPC and SCHD share little of their money.
2 positions in common, counted across the 26 positions we hold weights for in RSPC and 98 in SCHD, against full books of 56 and 206.
What only one of them owns
Our book lists 95 positions for SCHD that do not appear in our book for RSPC (93.9% of the fund), and 24 for RSPC that do not appear in SCHD (91.5%).
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.
You are not choosing between two funds in isolation.
Whichever of RSPC 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, RSPC or SCHD?
RSPC has an expense ratio of 0.40% while SCHD charges 0.06%. SCHD is the cheaper option, by $34 a year on a $10,000 investment.
Which performed better, RSPC or SCHD?
Over the past year RSPC returned -10.82% vs +29.85% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (8 years), RSPC annualized +5.01% vs +11.57% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RSPC or SCHD?
RSPC has been the more volatile fund at 19.9% annualized versus 16.6% for SCHD. Worst drawdown: RSPC -38.0% vs SCHD -33.4%.
Should I hold both RSPC and SCHD?
RSPC and SCHD have a monthly-return correlation of 0.80, 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 RSPC and SCHD?
8.5% of RSPC's money is in holdings SCHD also owns. 5.8% of SCHD's is in holdings RSPC also owns. They hold 2 positions in common, counted across the 26 positions we hold weights for in RSPC and 98 in SCHD.
Which pays a higher dividend, RSPC or SCHD?
RSPC yields 1.16% while SCHD yields 3.24%, so SCHD currently pays the higher dividend yield.
Is SCHD better than RSPC?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. SCHD is less concentrated, with 41.6% of the fund in its ten largest positions against 47.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.