SCHD vs XSW
Schwab US Dividend Equity ETF vs State Street SPDR S&P Software & Services ETF
Which is better, SCHD or XSW?
Large Cap Value against Mid Cap Growth.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and 5Y, XSW over the full window. XSW is less concentrated, with 11.2% 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 | XSW |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.35% |
| AUM | $111.6B | $473M |
| Dividend Yield | 3.24% | 0.00% |
| Holdings | 206 | 133 |
| YTD Return | +24.55%Best | +7.71% |
| 1Y Return | +29.85%Best | -1.35% |
| 3Y Return (annualized) | +16.64%Best | +16.39% |
| 5Y Return (annualized) | +9.54%Best | +2.10% |
| Volatility (annualized) | 13.7%Best | 20.6% |
| Max Drawdown | -33.4%Best | -45.4% |
| $10,000 over 5 years | $15,771Best | $11,095 |
| Top 10 Weight | 41.6% | 11.2%Best |
| Fund Family | Charles Schwab Asset Management | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Mid Cap Growth |
| Inception | Oct 20, 2011 | Sep 28, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Oct 20, 2011 to Oct 14, 2026 (15 years).
SCHD vs XSW 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 15 years both funds cover.
SCHD vs XSW Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and State Street SPDR S&P Software & Services ETF (XSW) is an ETF from State Street Investment Management. Over the past year SCHD returned +29.85% while XSW returned -1.35%. Year to date, SCHD is up 24.55% versus a gain of 7.71% for XSW.
Over three years, SCHD compounded at +16.64% per year against +16.39% for XSW; over five years the annualized figures are +9.54% and +2.10% respectively. Across the full 15-year window we track, XSW has the edge at +14.89% annualized vs +11.26%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XSW has been the more volatile fund, with annualized monthly volatility of 20.6% compared with 13.7% 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 -33.4% for SCHD and -45.4% for XSW. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.59. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SCHD charges 0.06% per year while XSW charges 0.35%. On a $10,000 position that is $6 vs $35 annually, a gap of $29 per year that compounds over a long holding period. On income, SCHD currently yields 3.24% against 0.00% for XSW.
Holdings Overlap
3.1% of SCHD's money is in holdings XSW also owns. 0.7% of XSW's money is in holdings SCHD also owns.
SCHD and XSW share little of their money.
1 positions in common, counted across the 98 positions we hold weights for in SCHD and 132 in XSW, against full books of 206 and 133.
What only one of them owns
Measured across the 98 and 132 positions we hold weights for.
SCHD holds 96 positions XSW does not, 96.6% of the fund.
Largest: TXN 4.89%, QCOM 4.61%, PG 4.16%, CVX 4.14%, KO 4.12%
Top Shared Holdings
| Stock | Weight in SCHD | Weight in XSW | Difference |
|---|---|---|---|
| ACNAccenture Plc | 3.13% | 0.70% | 2.43% |
You are not choosing between two funds in isolation.
Whichever of SCHD and XSW 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 XSW?
SCHD has an expense ratio of 0.06% while XSW charges 0.35%. SCHD is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, SCHD or XSW?
Over the past year SCHD returned +29.85% vs -1.35% for XSW, so SCHD leads on 1-year performance. Over the longest common window we track (15 years), SCHD annualized +11.26% vs +14.89% for XSW. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or XSW?
XSW has been the more volatile fund at 20.6% annualized versus 13.7% for SCHD. Worst drawdown: SCHD -33.4% vs XSW -45.4%.
Should I hold both SCHD and XSW?
SCHD and XSW have a monthly-return correlation of 0.59, 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 XSW?
3.1% of SCHD's money is in holdings XSW also owns. 0.7% of XSW's is in holdings SCHD also owns. They hold 1 positions in common, counted across the 98 positions we hold weights for in SCHD and 132 in XSW.
Which pays a higher dividend, SCHD or XSW?
SCHD yields 3.24% while XSW yields 0.00%, so SCHD currently pays the higher dividend yield.
Is XSW better than SCHD?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y and 5Y, XSW over the full window. XSW is less concentrated, with 11.2% 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.