AVLC vs SCHD
AVLC vs SCHD
Avantis US Large Cap Equity ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. AVLC offers more diversification with 809 holdings.
Side-by-Side Comparison
| Metric | AVLC | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.06% | |
| AUM | $1.4B | $103.7B | |
| Dividend Yield | 0.82% | 3.31% | |
| Holdings | 865 | 104 | |
| YTD Return | +16.81% | +24.26% | |
| 1Y Return | +28.07% | +31.38% | |
| 3Y Return (annualized) | - | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 12.9% | 13.6% | |
| Max Drawdown | -19.6% | -33.4% | |
| Fund Family | Avantis Investors | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Sep 26, 2023 | Oct 20, 2011 |
AVLC vs SCHD Performance
Avantis US Large Cap Equity ETF (AVLC) is a ETF from Avantis Investors and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year AVLC returned +28.07% while SCHD returned +31.38%. Year to date, AVLC is up 16.81% versus a gain of 24.26% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 12.9% for AVLC. 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 -19.6% for AVLC 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 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AVLC charges 0.15% per year while SCHD charges 0.06%. On a $10,000 position that is $15 vs $6 annually, a gap of $9 per year that compounds over a long holding period. On income, AVLC currently yields 0.82% against 3.31% for SCHD.
Holdings Overlap
AVLC and SCHD share 55 holdings out of 854 unique holdings combined, representing a 8.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in AVLC | Weight in SCHD | Difference |
|---|---|---|---|
| MRK | 0.64% | 4.32% | 3.68% |
| UNH | 0.20% | 4.54% | 4.34% |
| ABT | 0.16% | 4.49% | 4.33% |
| CVX | Pro | Pro | Pro |
| HD | Pro | Pro | Pro |
| AMGN | Pro | Pro | Pro |
| PG | Pro | Pro | Pro |
| KO | Pro | Pro | Pro |
| COP | Pro | Pro | Pro |
| VZ | Pro | Pro | Pro |
See all 10 holdings AVLC shares with SCHD Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, AVLC or SCHD?
AVLC has an expense ratio of 0.15% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $9 per year of difference.
Which performed better, AVLC or SCHD?
Over the past year AVLC returned +28.07% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), AVLC annualized +25.24% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, AVLC or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 12.9% for AVLC. Worst drawdown: AVLC -19.6% vs SCHD -33.4%.
Should I hold both AVLC and SCHD?
AVLC and SCHD have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AVLC and SCHD?
AVLC and SCHD share 55 common holdings with a 8.8% weight overlap. Combined, they hold 854 unique securities.
Which pays a higher dividend, AVLC or SCHD?
AVLC yields 0.82% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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