SCHD vs SQLT
SCHD vs SQLT
Schwab US Dividend Equity ETF vs iShares MSCI USA Small-Cap Quality Factor ETF
Quick Verdict
SCHD has a lower expense ratio. SQLT offers more diversification with 493 holdings.
Side-by-Side Comparison
| Metric | SCHD | SQLT | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.20% | |
| AUM | $103.7B | $7M | |
| Dividend Yield | 3.31% | 0.19% | |
| Holdings | 104 | 484 | |
| YTD Return | +24.08% | +14.26% | |
| 1Y Return | +31.88% | - | |
| 3Y Return (annualized) | +14.92% | - | |
| 5Y Return (annualized) | +9.85% | - | |
| Volatility (annualized) | 13.6% | - | |
| Max Drawdown | -33.4% | -4.0% | |
| Fund Family | Charles Schwab Asset Management | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Mar 31, 2026 |
SCHD vs SQLT Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and iShares MSCI USA Small-Cap Quality Factor ETF (SQLT) is a ETF from iShares by BlackRock (US). Year to date, SCHD is up 24.08% versus a gain of 14.26% for SQLT.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -33.4% for SCHD and -4.0% for SQLT. 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 SQLT charges 0.20%. On a $10,000 position that is $6 vs $20 annually, a gap of $14 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 0.19% for SQLT.
Holdings Overlap
SCHD and SQLT share 29 holdings out of 564 unique holdings combined, representing a 3.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in SQLT | Difference |
|---|---|---|---|
| EWBC | 0.47% | 0.81% | 0.34% |
| SWKS | 0.24% | 0.46% | 0.22% |
| APA | 0.33% | 0.36% | 0.03% |
| AFG | Pro | Pro | Pro |
| ORI | Pro | Pro | Pro |
| ALV | Pro | Pro | Pro |
| OZK | Pro | Pro | Pro |
| FHI | Pro | Pro | Pro |
| MSM | Pro | Pro | Pro |
| MC | Pro | Pro | Pro |
See all 10 holdings SCHD shares with SQLT 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 SQLT?
SCHD has an expense ratio of 0.06% while SQLT charges 0.20%. SCHD is the cheaper option. On a $10,000 investment, that is $14 per year of difference.
What is the holdings overlap between SCHD and SQLT?
SCHD and SQLT share 29 common holdings with a 3.1% weight overlap. Combined, they hold 564 unique securities.
Which pays a higher dividend, SCHD or SQLT?
SCHD yields 3.31% while SQLT yields 0.19%, so SCHD currently pays the higher dividend yield.
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