SCHD vs SEIV

Quick Verdict

SCHD has a lower expense ratio. SEIV delivered stronger 1-year returns. SEIV offers more diversification with 123 holdings.

Lower Fees: SCHDHigher Returns: SEIVMore Diversified: SEIV

Side-by-Side Comparison

MetricSCHDSEIVWinner
Expense Ratio0.06%0.15%
AUM$103.7B$1.5B
Dividend Yield3.31%1.00%
Holdings104128
YTD Return+23.53%+20.13%
1Y Return+30.95%+40.55%
3Y Return (annualized)+14.72%+25.23%
5Y Return (annualized)+9.56%-
Volatility (annualized)13.6%16.4%
Max Drawdown-33.4%-18.2%
Fund FamilyCharles Schwab Asset ManagementSEI EXCHANGE TRADED FUNDS
CategoryEquityEquity
InceptionOct 20, 2011May 18, 2022

SCHD vs SEIV Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and SEI QiM US Large Cap Value Active ETF (SEIV) is a ETF from SEI EXCHANGE TRADED FUNDS. Over the past year SCHD returned +30.95% while SEIV returned +40.55%. Year to date, SCHD is up 23.53% versus a gain of 20.13% for SEIV.

Over three years, SCHD compounded at +14.72% per year against +25.23% for SEIV. Across the full 4-year window we track, SEIV has the edge at +20.01% annualized vs +11.35%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SEIV has been the more volatile fund, with annualized monthly volatility of 16.4% 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 -33.4% for SCHD and -18.2% for SEIV. 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 0.81. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

SCHD charges 0.06% per year while SEIV charges 0.15%. On a $10,000 position that is $6 vs $15 annually, a gap of $9 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 1.00% for SEIV.

Holdings Overlap

10.8%overlap

SCHD and SEIV share 18 holdings out of 205 unique holdings combined, representing a 10.8% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SCHDWeight in SEIVDifference
VZ3.68%2.48%1.20%
BMY3.22%0.82%2.40%
QCOM2.72%1.24%1.48%
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Frequently Asked Questions

Which is cheaper, SCHD or SEIV?

SCHD has an expense ratio of 0.06% while SEIV charges 0.15%. SCHD is the cheaper option. On a $10,000 investment, that is $9 per year of difference.

Which performed better, SCHD or SEIV?

Over the past year SCHD returned +30.95% vs +40.55% for SEIV, so SEIV leads on 1-year performance. Over the longest common window we track (4 years), SCHD annualized +11.35% vs +20.01% for SEIV. Past performance does not guarantee future results.

Which is riskier, SCHD or SEIV?

SEIV has been the more volatile fund at 16.4% annualized versus 13.6% for SCHD. Worst drawdown: SCHD -33.4% vs SEIV -18.2%.

Should I hold both SCHD and SEIV?

SCHD and SEIV have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SCHD and SEIV?

SCHD and SEIV share 18 common holdings with a 10.8% weight overlap. Combined, they hold 205 unique securities.

Which pays a higher dividend, SCHD or SEIV?

SCHD yields 3.31% while SEIV yields 1.00%, so SCHD currently pays the higher dividend yield.

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