SCHD vs SHRT
SCHD vs SHRT
Schwab US Dividend Equity ETF vs Gotham Short Strategies ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SHRT offers more diversification with 398 holdings.
Side-by-Side Comparison
| Metric | SCHD | SHRT | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 1.35% | |
| AUM | $103.7B | $15M | |
| Dividend Yield | 3.31% | 0.08% | |
| Holdings | 104 | 806 | |
| YTD Return | +24.08% | -15.42% | |
| 1Y Return | +31.88% | -16.29% | |
| 3Y Return (annualized) | +14.92% | - | |
| 5Y Return (annualized) | +9.85% | - | |
| Volatility (annualized) | 13.6% | 13.2% | |
| Max Drawdown | -33.4% | -27.8% | |
| Fund Family | Charles Schwab Asset Management | Gotham ETFs | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Nov 6, 2023 |
SCHD vs SHRT Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Gotham Short Strategies ETF (SHRT) is a ETF from Gotham ETFs. Over the past year SCHD returned +31.88% while SHRT returned -16.29%. Year to date, SCHD is up 24.08% versus a loss of 15.42% for SHRT.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 13.2% for SHRT. 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 -27.8% for SHRT. 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 -0.14. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while SHRT charges 1.35%. On a $10,000 position that is $6 vs $135 annually, a gap of $129 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.08% for SHRT.
Holdings Overlap
SCHD and SHRT share 13 holdings out of 485 unique holdings combined, representing a 4.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in SHRT | Difference |
|---|---|---|---|
| KO | 4.08% | 0.45% | 3.63% |
| LMT | 2.66% | 1.44% | 1.22% |
| COP | 3.70% | 0.22% | 3.48% |
| 2345:TW | Pro | Pro | Pro |
| BMY | Pro | Pro | Pro |
| HD | Pro | Pro | Pro |
| UNH | Pro | Pro | Pro |
| ADP | Pro | Pro | Pro |
| SWKS | Pro | Pro | Pro |
| EOG | Pro | Pro | Pro |
See all 10 holdings SCHD shares with SHRT 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, SCHD or SHRT?
SCHD has an expense ratio of 0.06% while SHRT charges 1.35%. SCHD is the cheaper option. On a $10,000 investment, that is $129 per year of difference.
Which performed better, SCHD or SHRT?
Over the past year SCHD returned +31.88% vs -16.29% for SHRT, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), SCHD annualized +11.39% vs -8.73% for SHRT. Past performance does not guarantee future results.
Which is riskier, SCHD or SHRT?
SCHD has been the more volatile fund at 13.6% annualized versus 13.2% for SHRT. Worst drawdown: SCHD -33.4% vs SHRT -27.8%.
Should I hold both SCHD and SHRT?
SCHD and SHRT have a monthly-return correlation of -0.14, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and SHRT?
SCHD and SHRT share 13 common holdings with a 4.5% weight overlap. Combined, they hold 485 unique securities.
Which pays a higher dividend, SCHD or SHRT?
SCHD yields 3.31% while SHRT yields 0.08%, so SCHD currently pays the higher dividend yield.
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