GSLC vs SCHD
GSLC vs SCHD
Goldman Sachs ActiveBeta 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. GSLC offers more diversification with 426 holdings.
Side-by-Side Comparison
| Metric | GSLC | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 0.06% | |
| AUM | $14.9B | $103.7B | |
| Dividend Yield | 0.95% | 3.31% | |
| Holdings | 436 | 104 | |
| YTD Return | +11.26% | +23.53% | |
| 1Y Return | +19.14% | +30.95% | |
| 3Y Return (annualized) | +19.58% | +14.72% | |
| 5Y Return (annualized) | +11.92% | +9.56% | |
| Volatility (annualized) | 14.9% | 13.6% | |
| Max Drawdown | -33.7% | -33.4% | |
| Fund Family | Goldman Sachs Asset Management | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Sep 17, 2015 | Oct 20, 2011 |
GSLC vs SCHD Performance
Goldman Sachs ActiveBeta US Large Cap Equity ETF (GSLC) is a ETF from Goldman Sachs Asset Management and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year GSLC returned +19.14% while SCHD returned +30.95%. Year to date, GSLC is up 11.26% versus a gain of 23.53% for SCHD.
Over three years, GSLC compounded at +19.58% per year against +14.72% for SCHD; over five years the annualized figures are +11.92% and +9.56% respectively. Across the full 11-year window we track, GSLC has the edge at +13.36% annualized vs +11.35%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GSLC has been the more volatile fund, with annualized monthly volatility of 14.9% 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 -33.7% for GSLC 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GSLC charges 0.09% per year while SCHD charges 0.06%. On a $10,000 position that is $9 vs $6 annually, a gap of $3 per year that compounds over a long holding period. On income, GSLC currently yields 0.95% against 3.31% for SCHD.
Holdings Overlap
GSLC and SCHD share 38 holdings out of 488 unique holdings combined, representing a 6.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in GSLC | Weight in SCHD | Difference |
|---|---|---|---|
| UNH | 0.31% | 4.54% | 4.23% |
| MRK | 0.36% | 4.32% | 3.96% |
| HD | 0.42% | 4.16% | 3.74% |
| PG | Pro | Pro | Pro |
| KO | Pro | Pro | Pro |
| AMGN | Pro | Pro | Pro |
| CVX | Pro | Pro | Pro |
| VZ | Pro | Pro | Pro |
| PEP | Pro | Pro | Pro |
| TXN | Pro | Pro | Pro |
See all 10 holdings GSLC 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, GSLC or SCHD?
GSLC has an expense ratio of 0.09% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, GSLC or SCHD?
Over the past year GSLC returned +19.14% vs +30.95% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (11 years), GSLC annualized +13.36% vs +11.35% for SCHD. Past performance does not guarantee future results.
Which is riskier, GSLC or SCHD?
GSLC has been the more volatile fund at 14.9% annualized versus 13.6% for SCHD. Worst drawdown: GSLC -33.7% vs SCHD -33.4%.
Should I hold both GSLC and SCHD?
GSLC and SCHD have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GSLC and SCHD?
GSLC and SCHD share 38 common holdings with a 6.7% weight overlap. Combined, they hold 488 unique securities.
Which pays a higher dividend, GSLC or SCHD?
GSLC yields 0.95% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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