SCHD vs TOPT
Schwab US Dividend Equity ETF vs iShares Top 20 US Stocks ETF
Which is better, SCHD or TOPT?
Large Cap Value against Large Cap Blend.
SCHD has a lower expense ratio. SCHD led over 1Y, TOPT over the full window. SCHD is less concentrated, with 41.6% of the fund in its ten largest positions against 72.0%.
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 | TOPT |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.20% |
| AUM | $111.6B | $791M |
| Dividend Yield | 3.24% | 0.36% |
| Holdings | 206 | 25 |
| YTD Return | +24.55%Best | +13.29% |
| 1Y Return | +29.85%Best | +16.94% |
| 3Y Return (annualized) | +16.64% | - |
| 5Y Return (annualized) | +9.54% | - |
| Volatility (annualized) | 14.5%Best | 15.2% |
| Max Drawdown | -16.1%Best | -21.2% |
| $10,000 over 2 years | $12,835 | $14,330Best |
| Top 10 Weight | 41.6%Best | 72.0% |
| Fund Family | Charles Schwab Asset Management | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 20, 2011 | Oct 23, 2024 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 24, 2024 to Oct 14, 2026 (2 years).
SCHD vs TOPT 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 2 years both funds cover.
SCHD vs TOPT Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and iShares Top 20 US Stocks ETF (TOPT) is an ETF from iShares by BlackRock (US). Over the past year SCHD returned +29.85% while TOPT returned +16.94%. Year to date, SCHD is up 24.55% versus a gain of 13.29% for TOPT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TOPT has been the more volatile fund, with annualized monthly volatility of 15.2% compared with 14.5% 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 -16.1% for SCHD and -21.2% for TOPT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.07. They move largely independently of each other.
Fees and Cost Over Time
SCHD charges 0.06% per year while TOPT charges 0.20%. On a $10,000 position that is $6 vs $20 annually, a gap of $14 per year that compounds over a long holding period. On income, SCHD currently yields 3.24% against 0.36% for TOPT.
Holdings Overlap
We hold position weights for 98 holdings in SCHD and 22 in TOPT, totalling 99.8% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 98 positions we hold weights for in SCHD and 22 in TOPT, against full books of 206 and 25.
What only one of them owns
Our book lists 22 positions for TOPT that do not appear in our book for SCHD (100.0% of the fund), and 97 for SCHD that do not appear in TOPT (99.8%).
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 SCHD and TOPT 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, SCHD or TOPT?
SCHD has an expense ratio of 0.06% while TOPT charges 0.20%. SCHD is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, SCHD or TOPT?
Over the past year SCHD returned +29.85% vs +16.94% for TOPT, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), SCHD annualized +13.29% vs +19.71% for TOPT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or TOPT?
TOPT has been the more volatile fund at 15.2% annualized versus 14.5% for SCHD. Worst drawdown: SCHD -16.1% vs TOPT -21.2%.
Should I hold both SCHD and TOPT?
SCHD and TOPT have a monthly-return correlation of 0.07, 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, SCHD or TOPT?
SCHD yields 3.24% while TOPT yields 0.36%, so SCHD currently pays the higher dividend yield.
Is TOPT better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, TOPT over the full window. SCHD is less concentrated, with 41.6% of the fund in its ten largest positions against 72.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.