AGRW vs SCHD

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: SCHD

Side-by-Side Comparison

MetricAGRWSCHDWinner
Expense Ratio0.35%0.06%
AUM$108M$103.7B
Dividend Yield0.12%3.31%
Holdings46104
YTD Return+9.83%+24.26%
1Y Return+14.22%+31.38%
3Y Return (annualized)-+15.08%
5Y Return (annualized)-+9.72%
Volatility (annualized)17.3%13.6%
Max Drawdown-16.5%-33.4%
Fund FamilyAllspring Global InvestmentsCharles Schwab Asset Management
CategoryEquityEquity
InceptionMar 26, 2025Oct 20, 2011

AGRW vs SCHD Performance

Allspring LT Large Growth ETF (AGRW) is a ETF from Allspring Global Investments and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year AGRW returned +14.22% while SCHD returned +31.38%. Year to date, AGRW is up 9.83% versus a gain of 24.26% for SCHD.

Risk: Volatility and Drawdowns

AGRW has been the more volatile fund, with annualized monthly volatility of 17.3% compared with 13.6% 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 -16.5% for AGRW and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at -0.01. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

AGRW charges 0.35% per year while SCHD charges 0.06%. On a $10,000 position that is $35 vs $6 annually, a gap of $29 per year that compounds over a long holding period. On income, AGRW currently yields 0.12% against 3.31% for SCHD.

Holdings Overlap

1.1%overlap

AGRW and SCHD share 1 holdings out of 148 unique holdings combined, representing a 1.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in AGRWWeight in SCHDDifference
UNH1.13%4.54%3.41%

Frequently Asked Questions

Which is cheaper, AGRW or SCHD?

AGRW has an expense ratio of 0.35% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $29 per year of difference.

Which performed better, AGRW or SCHD?

Over the past year AGRW returned +14.22% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), AGRW annualized +24.46% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, AGRW or SCHD?

AGRW has been the more volatile fund at 17.3% annualized versus 13.6% for SCHD. Worst drawdown: AGRW -16.5% vs SCHD -33.4%.

Should I hold both AGRW and SCHD?

AGRW and SCHD have a monthly-return correlation of -0.01, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between AGRW and SCHD?

AGRW and SCHD share 1 common holdings with a 1.1% weight overlap. Combined, they hold 148 unique securities.

Which pays a higher dividend, AGRW or SCHD?

AGRW yields 0.12% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.

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