SCHD vs VPX
Schwab US Dividend Equity ETF vs Variant Perception Cycle Aware US Equity ETF
Which is better, SCHD or VPX?
Large Cap Value against Large Cap Blend.
SCHD has a lower expense ratio. VPX is less concentrated, with 34.9% of the fund in its ten largest positions against 41.6%.
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 | VPX |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.75% |
| AUM | $111.6B | $69M |
| Dividend Yield | 3.24% | 0.00% |
| Holdings | 206 | 125 |
| YTD Return | +23.29% | +29.01%Best |
| 1Y Return | +29.70% | - |
| 3Y Return (annualized) | +16.26% | - |
| 5Y Return (annualized) | +9.65% | - |
| Top 10 Weight | 41.6% | 34.9%Best |
| Fund Family | Charles Schwab Asset Management | Variant Perception, LLC |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 20, 2011 | Mar 11, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
SCHD vs VPX 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.
SCHD vs VPX Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Variant Perception Cycle Aware US Equity ETF (VPX) is an ETF from Variant Perception, LLC. Year to date, SCHD is up 23.29% versus a gain of 29.01% for VPX.
Past performance does not guarantee future results.
Fees and Cost Over Time
SCHD charges 0.06% per year while VPX charges 0.75%. On a $10,000 position that is $6 vs $75 annually, a gap of $69 per year that compounds over a long holding period. On income, SCHD currently yields 3.24% against 0.00% for VPX.
Holdings Overlap
41.6% of SCHD's money is in holdings VPX also owns. 10.1% of VPX's money is in holdings SCHD also owns.
The two portfolios partly overlap.
15 positions in common, counted across the 98 positions we hold weights for in SCHD and 137 in VPX, against full books of 206 and 125.
What only one of them owns
Our book lists 118 positions for VPX that do not appear in our book for SCHD (87.6% of the fund), and 82 for SCHD that do not appear in VPX (58.1%).
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 VPX | Difference |
|---|---|---|---|
| CVXChevron Corp | 4.14% | 3.06% | 1.08% |
| COPConocophillips Common Stock USD 0.01 | 3.91% | 1.92% | 1.99% |
| TXNTexas Instrument Inc | 4.89% | 0.78% | 4.11% |
| QCOMQualcomm Inc. | 4.61% | 0.60% | 4.01% |
| VZVerizon Communic | 3.88% | 0.29% | 3.59% |
| UNHUnitedhealth Group Incorporated | 3.95% | 0.16% | 3.79% |
| LMTLockheed Martin | 2.64% | 0.41% | 2.23% |
| ADPAutomatic Data Processing, Inc. | 2.63% | 0.29% | 2.34% |
| EOGEog Resources Inc | 1.91% | 0.92% | 0.99% |
| BXBlackstone Group Inc. Class A | 2.16% | 0.25% | 1.91% |
41.6% of SCHD is already inside VPX.
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 VPX?
SCHD has an expense ratio of 0.06% while VPX charges 0.75%. SCHD is the cheaper option, by $69 a year on a $10,000 investment.
What is the holdings overlap between SCHD and VPX?
41.6% of SCHD's money is in holdings VPX also owns. 10.1% of VPX's is in holdings SCHD also owns. They hold 15 positions in common, counted across the 98 positions we hold weights for in SCHD and 137 in VPX.
Which pays a higher dividend, SCHD or VPX?
SCHD yields 3.24% while VPX yields 0.00%, so SCHD currently pays the higher dividend yield.
Is VPX better than SCHD?
SCHD has a lower expense ratio. VPX is less concentrated, with 34.9% of the fund in its ten largest positions against 41.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.