ETF comparison
SCHD vs SPLV
Dividend vs Low Volatility Factor.
Schwab U.S. Dividend Equity ETF · Invesco S&P 500 Low Volatility ETF
Holdings overlap
9 positions appear in both funds. Buying equal dollars of SCHD and SPLV would leave roughly 7.4% 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 19 bps cheaper than SPLV. On a $100,000 position that's about $190/yr more in fees for SPLV.
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 SPLV.
Top shared holdings
9 shared in total| # | Holding | In SCHD | In SPLV | Overlap |
|---|---|---|---|---|
| 1 | Coca-Cola Co/The | 3.96% | 1.18% | 1.18% |
| 2 | Procter & Gamble Co/The | 3.55% | 1.07% | 1.07% |
| 3 | Automatic Data Processing Inc | 2.25% | 0.92% | 0.92% |
| 4 | Chevron Corp | 3.83% | 0.88% | 0.88% |
| 5 | Altria Group Inc | 2.94% | 0.86% | 0.86% |
| 6 | PepsiCo Inc | 3.44% | 0.84% | 0.84% |
| 7 | Cincinnati Financial Corp | 0.62% | 0.96% | 0.62% |
| 8 | Principal Financial Group Inc | 0.52% | 0.88% | 0.52% |
| 9 | Snap-on Inc | 0.48% | 0.89% | 0.48% |
Only in SCHD
90 total- QUALCOMM Inc 6.74%
- Texas Instruments Inc 5.90%
- UnitedHealth Group Inc 5.09%
- Merck & Co Inc 3.86%
- Verizon Communications Inc 3.65%
- ConocoPhillips 3.51%
- Amgen Inc 3.47%
- Home Depot Inc/The 3.36%
- Abbott Laboratories 2.96%
- Bristol-Myers Squibb Co 2.93%
Only in SPLV
92 total- FirstEnergy Corp. 1.34%
- Loews Corp. 1.29%
- Berkshire Hathaway Inc. 1.28%
- Duke Energy Corp. 1.25%
- Ameren Corp. 1.24%
- WEC Energy Group Inc. 1.24%
- Alliant Energy Corp. 1.23%
- CenterPoint Energy, Inc. 1.23%
- DTE Energy Co. 1.22%
- Evergy, Inc. 1.22%
Related comparisons
More comparisons with SCHD
- SCHD vs SPTM · State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF 7.3%
- SCHD vs SPY · State Street SPDR S&P 500 ETF Trust 7.3%
- SCHD vs SUSA · iShares ESG Optimized MSCI USA ETF 7.3%
- SCHD vs SCHK · Schwab 1000 ETF 7.3%
- SCHD vs IWB · iShares Russell 1000 ETF 7.3%
- SCHD vs VTHR · Vanguard Russell 3000 Index Fund ETF Shares 7.2%
More comparisons with SPLV
- SPLV vs QQQ · Invesco QQQ Trust 6.1%
- SPLV vs VUG · Vanguard Morningstar Growth ETF 5.8%
- SPLV vs IWF · iShares Russell 1000 Growth ETF 3.9%
- SPLV vs VB · Vanguard Morningstar Small-Cap ETF 2.8%
- SPLV vs EEMV · iShares MSCI Emerging Markets Min Vol Factor ETF 0.0%
- SPLV vs EFAV · iShares MSCI EAFE Min Vol Factor ETF 0.0%
Percentages are holdings overlap with the named fund.
Open SCHD or SPLV 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.