ETF comparison
SCHD vs SMLF
Dividend vs Multi-Factor.
Schwab U.S. Dividend Equity ETF · iShares U.S. Small-Cap Equity Factor ETF
Holdings overlap
29 positions appear in both funds. Buying equal dollars of SCHD and SMLF would leave roughly 2.5% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
SCHD is 9 bps cheaper than SMLF. On a $100,000 position that's about $90/yr more in fees for SMLF.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with SCHD vs SMLF.
Top shared holdings
29 shared in total| # | Holding | In SCHD | In SMLF | Overlap |
|---|---|---|---|---|
| 1 | East West Bancorp Inc | 0.42% | 0.43% | 0.42% |
| 2 | APA Corp | 0.33% | 0.32% | 0.32% |
| 3 | Old Republic International Corp | 0.21% | 0.27% | 0.21% |
| 4 | Watsco Inc | 0.32% | 0.16% | 0.16% |
| 5 | Autoliv Inc | 0.22% | 0.16% | 0.16% |
| 6 | Skyworks Solutions Inc | 0.29% | 0.15% | 0.15% |
| 7 | Macy's Inc | 0.15% | 0.23% | 0.15% |
| 8 | Murphy Oil Corp | 0.12% | 0.20% | 0.12% |
| 9 | Federated Hermes Inc | 0.10% | 0.13% | 0.10% |
| 10 | Vail Resorts Inc | 0.12% | 0.08% | 0.08% |
| 11 | HF Sinclair Corp | 0.28% | 0.08% | 0.08% |
| 12 | Nexstar Media Group Inc | 0.13% | 0.08% | 0.08% |
Only in SCHD
70 total- QUALCOMM Inc 6.74%
- Texas Instruments Inc 5.90%
- UnitedHealth Group Inc 5.09%
- Coca-Cola Co/The 3.96%
- Merck & Co Inc 3.86%
- Chevron Corp 3.83%
- Verizon Communications Inc 3.65%
- Procter & Gamble Co/The 3.55%
- ConocoPhillips 3.51%
- Amgen Inc 3.47%
Only in SMLF
863 total- EMCOR Group, Inc. 0.95%
- Interactive Brokers Group, Inc. 0.83%
- nVent Electric plc 0.80%
- Flex Ltd. 0.78%
- Jabil, Inc. 0.75%
- Astera Labs, Inc. 0.70%
- Tapestry, Inc. 0.66%
- Natera, Inc. 0.62%
- Williams-Sonoma, Inc. 0.61%
- Mueller Industries, Inc. 0.59%
Related comparisons
More comparisons with SCHD
- SCHD vs DFSV · DFA U.S. Small Cap Value Portfolio – ETF Class Shares 2.3%
- SCHD vs JGRO · JPMorgan Active Growth ETF 2.2%
- SCHD vs SCHA · Schwab U.S. Small-Cap ETF 2.1%
- SCHD vs CGGR · Capital Group Growth ETF 1.9%
- SCHD vs BBSC · JPMorgan BetaBuilders U.S. Small Cap Equity ETF 1.7%
- SCHD vs FNDA · Schwab Fundamental U.S. Small Company ETF 1.6%
More comparisons with SMLF
- SMLF vs VO · Vanguard Morningstar Mid-Cap ETF 1.3%
- SMLF vs DYNF · iShares U.S. Equity Factor Rotation Active ETF 1.2%
- SMLF vs VOO · Vanguard S&P 500 ETF 1.1%
- SMLF vs SPYM · State Street SPDR Portfolio S&P 500 ETF 1.1%
- SMLF vs IVV · iShares Core S&P 500 ETF 1.1%
- SMLF vs SPY · State Street SPDR S&P 500 ETF Trust 1.0%
Percentages are holdings overlap with the named fund.
Open SCHD or SMLF at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.