LRND vs SCHD
NYLIM US Large Cap R&D Leaders ETF vs Schwab US Dividend Equity ETF
Which is better, LRND or SCHD?
Large Cap Growth against Large Cap Value.
SCHD has a lower expense ratio. LRND led over 3Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.3% of the fund in its ten largest positions against 69.7%.
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 | LRND | SCHD |
|---|---|---|
| Expense Ratio | 0.14% | 0.06%Best |
| AUM | $431M | $124.4B |
| Dividend Yield | 0.33% | 2.96% |
| Holdings | 333 | 102 |
| YTD Return | +8.53% | +33.46%Best |
| 1Y Return | +10.00% | +37.35%Best |
| 3Y Return (annualized) | +19.72%Best | +19.54% |
| 5Y Return (annualized) | - | +10.35% |
| Volatility (annualized) | 18.1% | 15.5%Best |
| Max Drawdown | -25.4% | -16.1%Best |
| $10,000 over 4.8 years | $18,520Best | $16,254 |
| Top 10 Weight | 69.7% | 41.3%Best |
| Fund Family | New York Life Investments | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Feb 8, 2022 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 4.8 years row, are measured over the window both funds cover: Feb 8, 2022 to Nov 13, 2026 (4.8 years).
LRND vs SCHD 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 4.8 years both funds cover.
LRND vs SCHD Performance
NYLIM US Large Cap R&D Leaders ETF (LRND) is an ETF from New York Life Investments and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year LRND returned +10.00% while SCHD returned +37.35%. Year to date, LRND is up 8.53% versus a gain of 33.46% for SCHD.
Over three years, LRND compounded at +19.72% per year against +19.54% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LRND has been the more volatile fund, with annualized monthly volatility of 18.1% compared with 15.5% 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 -25.4% for LRND and -16.1% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
LRND charges 0.14% per year while SCHD charges 0.06%. On a $10,000 position that is $14 vs $6 annually, a gap of $8 per year that compounds over a long holding period. On income, LRND currently yields 0.33% against 2.96% for SCHD.
Holdings Overlap
4.0% of LRND's money is in holdings SCHD also owns. 15.0% of SCHD's money is in holdings LRND also owns.
SCHD and LRND share little of their money.
5 positions in common, counted across the 109 positions we hold weights for in LRND and 98 in SCHD, against full books of 333 and 102.
What only one of them owns
Our book lists 91 positions for SCHD that do not appear in our book for LRND (80.1% of the fund), and 102 for LRND that do not appear in SCHD (95.6%).
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.
You are not choosing between two funds in isolation.
Whichever of LRND and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, LRND or SCHD?
LRND has an expense ratio of 0.14% while SCHD charges 0.06%. SCHD is the cheaper option, by $8 a year on a $10,000 investment.
Which performed better, LRND or SCHD?
Over the past year LRND returned +10.00% vs +37.35% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LRND or SCHD?
LRND has been the more volatile fund at 18.1% annualized versus 15.5% for SCHD. Worst drawdown: LRND -25.4% vs SCHD -16.1%.
Should I hold both LRND and SCHD?
LRND and SCHD have a monthly-return correlation of 0.45, 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 LRND and SCHD?
15.0% of SCHD's money is in holdings LRND also owns. 15.0% of SCHD's is in holdings LRND also owns. They hold 5 positions in common, counted across the 109 positions we hold weights for in LRND and 98 in SCHD.
Which pays a higher dividend, LRND or SCHD?
LRND yields 0.33% while SCHD yields 2.96%, so SCHD currently pays the higher dividend yield.
Is SCHD better than LRND?
SCHD has a lower expense ratio. LRND led over 3Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.3% of the fund in its ten largest positions against 69.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.