SCHD vs USCL
SCHD vs USCL
Schwab US Dividend Equity ETF vs iShares Climate Conscious & Transition MSCI USA ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. USCL offers more diversification with 406 holdings.
Side-by-Side Comparison
| Metric | SCHD | USCL | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.08% | |
| AUM | $103.7B | $2.8B | |
| Dividend Yield | 3.31% | 1.11% | |
| Holdings | 104 | 410 | |
| YTD Return | +23.31% | +10.09% | |
| 1Y Return | +30.42% | +17.17% | |
| 3Y Return (annualized) | +14.66% | +19.34% | |
| 5Y Return (annualized) | +9.59% | - | |
| Volatility (annualized) | 13.6% | 12.9% | |
| Max Drawdown | -33.4% | -19.0% | |
| Fund Family | Charles Schwab Asset Management | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Jun 6, 2023 |
SCHD vs USCL Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and iShares Climate Conscious & Transition MSCI USA ETF (USCL) is a ETF from iShares by BlackRock (US). Over the past year SCHD returned +30.42% while USCL returned +17.17%. Year to date, SCHD is up 23.31% versus a gain of 10.09% for USCL.
Over three years, SCHD compounded at +14.66% per year against +19.34% for USCL. Across the full 3-year window we track, USCL has the edge at +20.38% annualized vs +11.34%. 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 12.9% for USCL. 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 -19.0% for USCL. 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 0.50. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while USCL charges 0.08%. On a $10,000 position that is $6 vs $8 annually, a gap of $2 per year that compounds over a long holding period. On income, SCHD currently yields 3.31% against 1.11% for USCL.
Holdings Overlap
SCHD and USCL share 34 holdings out of 472 unique holdings combined, representing a 7.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in USCL | Difference |
|---|---|---|---|
| UNH | 4.54% | 0.72% | 3.82% |
| MRK | 4.32% | 0.59% | 3.73% |
| HD | 4.16% | 0.66% | 3.50% |
| PG | Pro | Pro | Pro |
| ABT | Pro | Pro | Pro |
| KO | Pro | Pro | Pro |
| AMGN | Pro | Pro | Pro |
| CVX | Pro | Pro | Pro |
| PEP | Pro | Pro | Pro |
| VZ | Pro | Pro | Pro |
See all 10 holdings SCHD shares with USCL 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 USCL?
SCHD has an expense ratio of 0.06% while USCL charges 0.08%. SCHD is the cheaper option. On a $10,000 investment, that is $2 per year of difference.
Which performed better, SCHD or USCL?
Over the past year SCHD returned +30.42% vs +17.17% for USCL, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), SCHD annualized +11.34% vs +20.38% for USCL. Past performance does not guarantee future results.
Which is riskier, SCHD or USCL?
SCHD has been the more volatile fund at 13.6% annualized versus 12.9% for USCL. Worst drawdown: SCHD -33.4% vs USCL -19.0%.
Should I hold both SCHD and USCL?
SCHD and USCL have a monthly-return correlation of 0.50, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and USCL?
SCHD and USCL share 34 common holdings with a 7.2% weight overlap. Combined, they hold 472 unique securities.
Which pays a higher dividend, SCHD or USCL?
SCHD yields 3.31% while USCL yields 1.11%, so SCHD currently pays the higher dividend yield.
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