EPSV vs SCHD
Harbor SMID Cap Value ETF vs Schwab US Dividend Equity ETF
Which is better, EPSV or SCHD?
Mid Cap Value against Large Cap Value.
SCHD has a lower expense ratio. EPSV led over the full window, SCHD over 1Y. EPSV is less concentrated, with 25.2% of the fund in its ten largest positions against 41.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | EPSV | SCHD |
|---|---|---|
| Expense Ratio | 0.88% | 0.06%Best |
| AUM | $6M | $112.1B |
| Dividend Yield | 2.28% | 3.00% |
| Holdings | 62 | 103 |
| YTD Return | +20.50% | +25.84%Best |
| 1Y Return | +27.65% | +30.18%Best |
| 3Y Return (annualized) | - | +16.08% |
| 5Y Return (annualized) | - | +9.97% |
| Volatility (annualized) | 14.3% | 12.1%Best |
| Max Drawdown | -8.9% | -4.6%Best |
| $10,000 over 1.4 years | $14,959Best | $13,883 |
| Top 10 Weight | 25.2%Best | 41.8% |
| Fund Family | Harbor Funds | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Value |
| Inception | May 1, 2025 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: May 2, 2025 to Sep 15, 2026 (1.4 years).
EPSV vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.4 years both funds cover.
EPSV vs SCHD Performance
Harbor SMID Cap Value ETF (EPSV) is an ETF from Harbor Funds and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year EPSV returned +27.65% while SCHD returned +30.18%. Year to date, EPSV is up 20.50% versus a gain of 25.84% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EPSV has been the more volatile fund, with annualized monthly volatility of 14.3% compared with 12.1% for SCHD. 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 -8.9% for EPSV and -4.6% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.47. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EPSV charges 0.88% per year while SCHD charges 0.06%. On a $10,000 position that is $88 vs $6 annually, a gap of $82 per year that compounds over a long holding period. On income, EPSV currently yields 2.28% against 3.00% for SCHD.
Holdings Overlap
4.8% of EPSV's money is in holdings SCHD also owns. 1.2% of SCHD's money is in holdings EPSV also owns.
EPSV and SCHD share little of their money.
3 positions in common, counted across the 60 positions we hold weights for in EPSV and 100 in SCHD, against full books of 62 and 103.
What only one of them owns
Our book lists 96 positions for SCHD that do not appear in our book for EPSV (98.7% of the fund), and 56 for EPSV that do not appear in SCHD (91.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of EPSV and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EPSV or SCHD?
EPSV has an expense ratio of 0.88% while SCHD charges 0.06%. SCHD is the cheaper option, by $82 a year on a $10,000 investment.
Which performed better, EPSV or SCHD?
Over the past year EPSV returned +27.65% vs +30.18% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (1 years), EPSV annualized +33.33% vs +26.41% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EPSV or SCHD?
EPSV has been the more volatile fund at 14.3% annualized versus 12.1% for SCHD. Worst drawdown: EPSV -8.9% vs SCHD -4.6%.
Should I hold both EPSV and SCHD?
EPSV and SCHD have a monthly-return correlation of 0.47, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between EPSV and SCHD?
4.8% of EPSV's money is in holdings SCHD also owns. 1.2% of SCHD's is in holdings EPSV also owns. They hold 3 positions in common, counted across the 60 positions we hold weights for in EPSV and 100 in SCHD.
Which pays a higher dividend, EPSV or SCHD?
EPSV yields 2.28% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than EPSV?
SCHD has a lower expense ratio. EPSV led over the full window, SCHD over 1Y. EPSV is less concentrated, with 25.2% of the fund in its ten largest positions against 41.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.