ETF comparison
SCHD vs SPHD
Both Dividend.
Schwab U.S. Dividend Equity ETF · Invesco S&P 500 High Dividend Low Volatility ETF
Holdings overlap
13 positions appear in both funds. Buying equal dollars of SCHD and SPHD would leave roughly 21.2% of each dollar exposed to the same underlying securities.
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 24 bps cheaper than SPHD. On a $100,000 position that's about $240/yr more in fees for SPHD.
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 SPHD.
Top shared holdings
13 shared in total| # | Holding | In SCHD | In SPHD | Overlap |
|---|---|---|---|---|
| 1 | Verizon Communications Inc | 4.31% | 3.39% | 3.39% |
| 2 | Altria Group Inc | 4.14% | 3.18% | 3.18% |
| 3 | Bristol-Myers Squibb Co | 4.28% | 2.10% | 2.10% |
| 4 | Chevron Corp | 4.31% | 2.00% | 2.00% |
| 5 | ONEOK Inc | 1.87% | 2.43% | 1.87% |
| 6 | EOG Resources Inc | 2.42% | 1.71% | 1.71% |
| 7 | Kimberly-Clark Corp | 1.33% | 2.21% | 1.33% |
| 8 | Fifth Third Bancorp | 1.18% | 1.22% | 1.18% |
| 9 | Paychex Inc | 1.09% | 1.31% | 1.09% |
| 10 | Regions Financial Corp | 0.88% | 1.47% | 0.88% |
| 11 | General Mills Inc | 0.87% | 2.13% | 0.87% |
| 12 | Coterra Energy Inc | 0.84% | 1.52% | 0.84% |
Only in SCHD
85 total- Lockheed Martin Corp 4.82%
- ConocoPhillips 4.32%
- Merck & Co Inc 4.24%
- Texas Instruments Inc 4.06%
- Coca-Cola Co/The 4.03%
- PepsiCo Inc 4.01%
- Amgen Inc 3.93%
- Home Depot Inc/The 3.72%
- Cisco Systems Inc 3.58%
- AbbVie Inc 3.53%
Only in SPHD
37 total- Conagra Brands, Inc. 3.13%
- Pfizer Inc. 2.93%
- Kraft Heinz Co. (The) 2.88%
- Amcor PLC 2.79%
- Healthpeak Properties, Inc. 2.77%
- VICI Properties Inc. 2.66%
- Realty Income Corp. 2.46%
- Campbell's Co. (The) 2.29%
- Franklin Resources, Inc. 2.24%
- Clorox Co. (The) 2.23%
Open SCHD or SPHD 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.