EVSD vs SCHD
EVSD vs SCHD
Eaton Vance Short Duration Income ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. EVSD offers more diversification with 229 holdings.
Side-by-Side Comparison
| Metric | EVSD | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.24% | 0.06% | |
| AUM | $535M | $103.7B | |
| Dividend Yield | 4.63% | 3.31% | |
| Holdings | 552 | 104 | |
| YTD Return | +0.92% | +24.08% | |
| 1Y Return | +3.24% | +31.88% | |
| 3Y Return (annualized) | - | +14.92% | |
| 5Y Return (annualized) | - | +9.85% | |
| Volatility (annualized) | 1.8% | 13.6% | |
| Max Drawdown | -1.3% | -33.4% | |
| Fund Family | Eaton Vance | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Jun 17, 2024 | Oct 20, 2011 |
EVSD vs SCHD Performance
Eaton Vance Short Duration Income ETF (EVSD) is a ETF from Eaton Vance and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year EVSD returned +3.24% while SCHD returned +31.88%. Year to date, EVSD is up 0.92% versus a gain of 24.08% for SCHD.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 1.8% for EVSD. 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 -1.3% for EVSD 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 0.33. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EVSD charges 0.24% per year while SCHD charges 0.06%. On a $10,000 position that is $24 vs $6 annually, a gap of $18 per year that compounds over a long holding period. On income, EVSD currently yields 4.63% against 3.31% for SCHD.
Holdings Overlap
EVSD and SCHD share 0 holdings out of 329 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, EVSD or SCHD?
EVSD has an expense ratio of 0.24% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $18 per year of difference.
Which performed better, EVSD or SCHD?
Over the past year EVSD returned +3.24% vs +31.88% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (2 years), EVSD annualized +5.22% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, EVSD or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 1.8% for EVSD. Worst drawdown: EVSD -1.3% vs SCHD -33.4%.
Should I hold both EVSD and SCHD?
EVSD and SCHD have a monthly-return correlation of 0.33, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EVSD and SCHD?
EVSD and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 329 unique securities.
Which pays a higher dividend, EVSD or SCHD?
EVSD yields 4.63% while SCHD yields 3.31%, so EVSD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.