SCHD vs ZECP
Schwab US Dividend Equity ETF vs Zacks Earnings Consistent Portfolio ETF
Which is better, SCHD or ZECP?
Large Cap Value against All Cap Blend.
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 42.9%.
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 | ZECP |
|---|---|---|
| Expense Ratio | 0.06%Best | 0.55% |
| AUM | $111.6B | $373M |
| Dividend Yield | 3.24% | 0.72% |
| Holdings | 206 | 120 |
| YTD Return | +24.55%Best | +8.77% |
| 1Y Return | +29.85%Best | +12.31% |
| 3Y Return (annualized) | +16.64%Best | +16.15% |
| 5Y Return (annualized) | +9.54%Best | +9.51% |
| Volatility (annualized) | 15.0% | 13.9%Best |
| Max Drawdown | -16.9%Best | -21.9% |
| $10,000 over 5 years | $15,771Best | $15,750 |
| Top 10 Weight | 41.6%Best | 42.9% |
| Fund Family | Charles Schwab Asset Management | Zacks |
| Category | Equity | Equity |
| Style | Large Cap Value | All Cap Blend |
| Inception | Oct 20, 2011 | Aug 23, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Aug 24, 2021 to Oct 14, 2026 (5.1 years).
SCHD vs ZECP 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 5.1 years both funds cover.
SCHD vs ZECP Performance
Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management and Zacks Earnings Consistent Portfolio ETF (ZECP) is an ETF from Zacks. Over the past year SCHD returned +29.85% while ZECP returned +12.31%. Year to date, SCHD is up 24.55% versus a gain of 8.77% for ZECP.
Over three years, SCHD compounded at +16.64% per year against +16.15% for ZECP; over five years the annualized figures are +9.54% and +9.51% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 15.0% compared with 13.9% for ZECP. 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 -16.9% for SCHD and -21.9% for ZECP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCHD charges 0.06% per year while ZECP charges 0.55%. On a $10,000 position that is $6 vs $55 annually, a gap of $49 per year that compounds over a long holding period. On income, SCHD currently yields 3.24% against 0.72% for ZECP.
Holdings Overlap
30.7% of SCHD's money is in holdings ZECP also owns. 11.9% of ZECP's money is in holdings SCHD also owns.
The two portfolios partly overlap.
10 positions in common, counted across the 98 positions we hold weights for in SCHD and 59 in ZECP, against full books of 206 and 120.
What only one of them owns
Our book lists 49 positions for ZECP that do not appear in our book for SCHD (86.5% of the fund), and 87 for SCHD that do not appear in ZECP (69.0%).
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 ZECP | Difference |
|---|---|---|---|
| PGProcter & Gamble Company | 4.16% | 1.91% | 2.25% |
| MRKMerck & Company Inc | 4.04% | 1.33% | 2.71% |
| AMGNAmgen Inc. | 3.86% | 1.41% | 2.45% |
| HDHome Depot Inc/The | 3.77% | 1.48% | 2.29% |
| UNHUnitedhealth Group Incorporated | 3.95% | 1.27% | 2.68% |
| PEPPepsico Inc. | 3.80% | 1.05% | 2.75% |
| BMYBristol-Myers Squibb Co. | 3.21% | 0.84% | 2.37% |
| TGTTARGET CORP | 1.82% | 1.18% | 0.64% |
| FASTFastenal Co. | 1.50% | 0.48% | 1.02% |
| HSYHershey Co. | 0.60% | 0.92% | 0.32% |
30.7% of SCHD is already inside ZECP.
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 ZECP?
SCHD has an expense ratio of 0.06% while ZECP charges 0.55%. SCHD is the cheaper option, by $49 a year on a $10,000 investment.
Which performed better, SCHD or ZECP?
Over the past year SCHD returned +29.85% vs +12.31% for ZECP, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCHD or ZECP?
SCHD has been the more volatile fund at 15.0% annualized versus 13.9% for ZECP. Worst drawdown: SCHD -16.9% vs ZECP -21.9%.
Should I hold both SCHD and ZECP?
SCHD and ZECP have a monthly-return correlation of 0.79, 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 ZECP?
30.7% of SCHD's money is in holdings ZECP also owns. 11.9% of ZECP's is in holdings SCHD also owns. They hold 10 positions in common, counted across the 98 positions we hold weights for in SCHD and 59 in ZECP.
Which pays a higher dividend, SCHD or ZECP?
SCHD yields 3.24% while ZECP yields 0.72%, so SCHD currently pays the higher dividend yield.
Is ZECP better than SCHD?
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 42.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.