SCHD vs SPCT
Schwab US Dividend Equity ETF vs Liberty One Spectrum ETF
Which is better, SCHD or SPCT?
SCHD has been ahead.
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SPCT is less concentrated, with 28.2% of the fund in its ten largest positions against 41.8%.
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 | SCHD | SPCT |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.85% |
| AUM | $108.9B | $68M |
| Dividend Yield | 3.00% | 0.81% |
| Holdings | 206 | 102 |
| YTD Return | +23.29%Best | +7.42% |
| 1Y Return | +29.70%Best | +9.87% |
| 3Y Return (annualized) | +16.26% | - |
| 5Y Return (annualized) | +9.65% | - |
| Volatility (annualized) | 14.5% | 11.8%Best |
| Max Drawdown | -6.9%Best | -7.2% |
| $10,000 over 1 years | $12,552Best | $10,893 |
| Top 10 Weight | 41.8% | 28.2%Best |
| Fund Family | Charles Schwab Asset Management | Liberty One Investment Management, LLC |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Oct 20, 2011 | Sep 30, 2025 |
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Sep 30, 2025 to Oct 13, 2026 (1 years).
SCHD vs SPCT 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 years both funds cover.
SCHD vs SPCT Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Liberty One Spectrum ETF (SPCT) is an ETF from Liberty One Investment Management, LLC. Over the past year SCHD returned +29.70% while SPCT returned +9.87%. Year to date, SCHD is up 23.29% versus a gain of 7.42% for SPCT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 14.5% compared with 11.8% for SPCT. 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 -6.9% for SCHD and -7.2% for SPCT. 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
SCHD charges 0.06% per year while SPCT charges 0.85%. On a $10,000 position that is $6 vs $85 annually, a gap of $79 per year that compounds over a long holding period. On income, SCHD currently yields 3.00% against 0.81% for SPCT.
Holdings Overlap
25.4% of SCHD's money is in holdings SPCT also owns. 14.7% of SPCT's money is in holdings SCHD also owns.
SCHD and SPCT share little of their money.
8 positions in common, counted across the 99 positions we hold weights for in SCHD and 51 in SPCT, against full books of 206 and 102.
What only one of them owns
Our book lists 40 positions for SPCT that do not appear in our book for SCHD (79.3% of the fund), and 90 for SCHD that do not appear in SPCT (74.5%).
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.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in SPCT | Difference |
|---|---|---|---|
| CVXChevron Corp | 4.29% | 2.35% | 1.94% |
| KOCoca Cola Co. | 4.26% | 2.32% | 1.94% |
| VZVerizon Communications Inc Vz | 4.12% | 2.03% | 2.09% |
| UNHUnitedhealth Group Incorporated | 3.82% | 1.94% | 1.88% |
| PGProcter & Gamble Company | 3.94% | 1.65% | 2.29% |
| HDHome Depot Inc/The | 3.75% | 1.35% | 2.40% |
| HSYHershey Co. | 0.64% | 1.65% | 1.01% |
| DRIDarden Restaurants Inc. | 0.60% | 1.43% | 0.83% |
25.4% of SCHD is already inside SPCT.
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, SCHD or SPCT?
SCHD has an expense ratio of 0.06% while SPCT charges 0.85%. SCHD is the cheaper option, by $79 a year on a $10,000 investment.
Which performed better, SCHD or SPCT?
Over the past year SCHD returned +29.70% vs +9.87% for SPCT, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), SCHD annualized +25.52% vs +8.93% for SPCT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or SPCT?
SCHD has been the more volatile fund at 14.5% annualized versus 11.8% for SPCT. Worst drawdown: SCHD -6.9% vs SPCT -7.2%.
Should I hold both SCHD and SPCT?
SCHD and SPCT 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 SCHD and SPCT?
25.4% of SCHD's money is in holdings SPCT also owns. 14.7% of SPCT's is in holdings SCHD also owns. They hold 8 positions in common, counted across the 99 positions we hold weights for in SCHD and 51 in SPCT.
Which pays a higher dividend, SCHD or SPCT?
SCHD yields 3.00% while SPCT yields 0.81%, so SCHD currently pays the higher dividend yield.
Is SPCT better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y and the full window. SPCT is less concentrated, with 28.2% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.