SCHD vs XOEF
SCHD vs XOEF
Schwab US Dividend Equity ETF vs iShares S&P 500 ex S&P 100 ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. XOEF offers more diversification with 405 holdings.
Side-by-Side Comparison
| Metric | SCHD | XOEF | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.20% | |
| AUM | $103.7B | $23M | |
| Dividend Yield | 3.31% | 1.03% | |
| Holdings | 104 | 408 | |
| YTD Return | +22.69% | +14.01% | |
| 1Y Return | +30.94% | +20.39% | |
| 3Y Return (annualized) | +14.20% | - | |
| 5Y Return (annualized) | +9.59% | - | |
| Volatility (annualized) | 13.7% | 11.8% | |
| Max Drawdown | -33.4% | -7.7% | |
| Fund Family | Charles Schwab Asset Management | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Oct 20, 2011 | Jul 8, 2025 |
SCHD vs XOEF Performance
Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management and iShares S&P 500 ex S&P 100 ETF (XOEF) is a ETF from iShares by BlackRock (US). Over the past year SCHD returned +30.94% while XOEF returned +20.39%. Year to date, SCHD is up 22.69% versus a gain of 14.01% for XOEF.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.7% compared with 11.8% for XOEF. 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 -7.7% for XOEF. 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 0.47. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SCHD charges 0.06% per year while XOEF 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 1.03% for XOEF.
Holdings Overlap
SCHD and XOEF share 27 holdings out of 478 unique holdings combined, representing a 5.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SCHD | Weight in XOEF | Difference |
|---|---|---|---|
| ADP | 2.54% | 0.53% | 2.01% |
| BX | 2.38% | 0.51% | 1.87% |
| EOG | 1.98% | 0.38% | 1.60% |
| SLB | Pro | Pro | Pro |
| TGT | Pro | Pro | Pro |
| OKE | Pro | Pro | Pro |
| F | Pro | Pro | Pro |
| FAST | Pro | Pro | Pro |
| FITB | Pro | Pro | Pro |
| DVN | Pro | Pro | Pro |
See all 10 holdings SCHD shares with XOEF 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 XOEF?
SCHD has an expense ratio of 0.06% while XOEF 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 XOEF?
Over the past year SCHD returned +30.94% vs +20.39% for XOEF, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), SCHD annualized +11.31% vs +18.56% for XOEF. Past performance does not guarantee future results.
Which is riskier, SCHD or XOEF?
SCHD has been the more volatile fund at 13.7% annualized versus 11.8% for XOEF. Worst drawdown: SCHD -33.4% vs XOEF -7.7%.
Should I hold both SCHD and XOEF?
SCHD and XOEF have a monthly-return correlation of 0.47, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SCHD and XOEF?
SCHD and XOEF share 27 common holdings with a 5.7% weight overlap. Combined, they hold 478 unique securities.
Which pays a higher dividend, SCHD or XOEF?
SCHD yields 3.31% while XOEF yields 1.03%, so SCHD currently pays the higher dividend yield.
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