SCHD vs XBB

Quick Verdict

SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. XBB offers more diversification with 790 holdings.

Lower Fees: SCHDHigher Returns: SCHDMore Diversified: XBB

Side-by-Side Comparison

MetricSCHDXBBWinner
Expense Ratio0.06%0.20%
AUM$103.7B$531M
Dividend Yield3.31%5.57%
Holdings1041,081
YTD Return+23.31%+1.35%
1Y Return+30.42%+4.56%
3Y Return (annualized)+14.66%+7.54%
5Y Return (annualized)+9.59%-
Volatility (annualized)13.6%7.3%
Max Drawdown-33.4%-8.9%
Fund FamilyCharles Schwab Asset ManagementBondBloxx
CategoryEquityFixed Income
InceptionOct 20, 2011May 24, 2022

SCHD vs XBB Performance

Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and BondBloxx BB Rated USD High Yield Corporate Bond ETF (XBB) is a ETF from BondBloxx. Over the past year SCHD returned +30.42% while XBB returned +4.56%. Year to date, SCHD is up 23.31% versus a gain of 1.35% for XBB.

Over three years, SCHD compounded at +14.66% per year against +7.54% for XBB. Across the full 4-year window we track, SCHD has the edge at +11.34% annualized vs +5.45%. 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 7.3% for XBB. 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 -8.9% for XBB. 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 0.70. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

SCHD charges 0.06% per year while XBB 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 5.57% for XBB.

Holdings Overlap

0.0%overlap

SCHD and XBB share 0 holdings out of 890 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, SCHD or XBB?

SCHD has an expense ratio of 0.06% while XBB charges 0.20%. SCHD is the cheaper option. On a $10,000 investment, that is $14 per year of difference.

Which performed better, SCHD or XBB?

Over the past year SCHD returned +30.42% vs +4.56% for XBB, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), SCHD annualized +11.34% vs +5.45% for XBB. Past performance does not guarantee future results.

Which is riskier, SCHD or XBB?

SCHD has been the more volatile fund at 13.6% annualized versus 7.3% for XBB. Worst drawdown: SCHD -33.4% vs XBB -8.9%.

Should I hold both SCHD and XBB?

SCHD and XBB have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SCHD and XBB?

SCHD and XBB share 0 common holdings with a 0.0% weight overlap. Combined, they hold 890 unique securities.

Which pays a higher dividend, SCHD or XBB?

SCHD yields 3.31% while XBB yields 5.57%, so XBB currently pays the higher dividend yield.

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