SCHD vs SCHI
SCHD vs SCHI
Schwab US Dividend Equity ETF vs Schwab 5-10 Year Corporate Bond ETF
Quick Verdict
SCHI has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | SCHD | SCHI | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.03% | |
| AUM | $103.7B | $11.5B | |
| Dividend Yield | 3.31% | 5.02% | |
| Holdings | 104 | 2,316 | |
| YTD Return | +23.53% | -0.59% | |
| 1Y Return | +30.95% | +2.11% | |
| 3Y Return (annualized) | +14.72% | +5.73% | |
| 5Y Return (annualized) | +9.56% | +0.68% | |
| Volatility (annualized) | 13.6% | 7.6% | |
| Max Drawdown | -33.4% | -20.7% | |
| Fund Family | Charles Schwab Asset Management | Charles Schwab Asset Management | |
| Category | Equity | Fixed Income | |
| Inception | Oct 20, 2011 | Oct 10, 2019 |
SCHD vs SCHI Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Schwab 5-10 Year Corporate Bond ETF (SCHI) is a ETF from Charles Schwab Asset Management. Over the past year SCHD returned +30.95% while SCHI returned +2.11%. Year to date, SCHD is up 23.53% versus a loss of 0.59% for SCHI.
Over three years, SCHD compounded at +14.72% per year against +5.73% for SCHI; over five years the annualized figures are +9.56% and +0.68% respectively. Across the full 7-year window we track, SCHD has the edge at +11.35% annualized vs +1.48%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 7.6% for SCHI. 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 -33.4% for SCHD and -20.7% for SCHI. 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 0.56. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while SCHI charges 0.03%. On a $10,000 position that is $6 vs $3 annually, a gap of $3 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 5.02% for SCHI.
Holdings Overlap
SCHD and SCHI share 1 holdings out of 105 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in SCHI | Difference |
|---|---|---|---|
| GVMXX | 0.04% | 0.44% | 0.40% |
Frequently Asked Questions
Which is cheaper, SCHD or SCHI?
SCHD has an expense ratio of 0.06% while SCHI charges 0.03%. SCHI is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, SCHD or SCHI?
Over the past year SCHD returned +30.95% vs +2.11% for SCHI, so SCHD leads on 1-year performance. Over the longest common window we track (7 years), SCHD annualized +11.35% vs +1.48% for SCHI. Past performance does not guarantee future results.
Which is riskier, SCHD or SCHI?
SCHD has been the more volatile fund at 13.6% annualized versus 7.6% for SCHI. Worst drawdown: SCHD -33.4% vs SCHI -20.7%.
Should I hold both SCHD and SCHI?
SCHD and SCHI have a monthly-return correlation of 0.56, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and SCHI?
SCHD and SCHI share 1 common holdings with a 0.0% weight overlap. Combined, they hold 105 unique securities.
Which pays a higher dividend, SCHD or SCHI?
SCHD yields 3.31% while SCHI yields 5.02%, so SCHI currently pays the higher dividend yield.
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