SCHD vs SMOX

Quick Verdict

SCHD has a lower expense ratio. SMOX offers more diversification with 285 holdings.

Lower Fees: SCHDHigher Returns: TiedMore Diversified: SMOX

Side-by-Side Comparison

MetricSCHDSMOXWinner
Expense Ratio0.06%0.75%
AUM$103.7B$79M
Dividend Yield3.31%0.07%
Holdings104290
YTD Return+24.26%+21.26%
1Y Return+31.38%-
3Y Return (annualized)+15.08%-
5Y Return (annualized)+9.72%-
Volatility (annualized)13.6%-
Max Drawdown-33.4%-7.8%
Fund FamilyCharles Schwab Asset ManagementHorizon Funds
CategoryEquityEquity
InceptionOct 20, 2011Dec 2, 2025

SCHD vs SMOX Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and Horizon Small/Mid Cap Core Equity ETF (SMOX) is a ETF from Horizon Funds. Year to date, SCHD is up 24.26% versus a gain of 21.26% for SMOX.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -33.4% for SCHD and -7.8% for SMOX. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

SCHD charges 0.06% per year while SMOX charges 0.75%. On a $10,000 position that is $6 vs $75 annually, a gap of $69 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.07% for SMOX.

Holdings Overlap

1.6%overlap

SCHD and SMOX share 8 holdings out of 377 unique holdings combined, representing a 1.6% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SCHDWeight in SMOXDifference
EWBC0.47%0.59%0.12%
DINO0.36%0.54%0.18%
AFG0.25%0.45%0.20%
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See all 8 holdings SCHD shares with SMOX
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Frequently Asked Questions

Which is cheaper, SCHD or SMOX?

SCHD has an expense ratio of 0.06% while SMOX charges 0.75%. SCHD is the cheaper option. On a $10,000 investment, that is $69 per year of difference.

What is the holdings overlap between SCHD and SMOX?

SCHD and SMOX share 8 common holdings with a 1.6% weight overlap. Combined, they hold 377 unique securities.

Which pays a higher dividend, SCHD or SMOX?

SCHD yields 3.31% while SMOX yields 0.07%, so SCHD currently pays the higher dividend yield.

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