Skip to main content

ETF comparison

SCHD vs SPYD

Both Dividend.

Schwab U.S. Dividend Equity ETF · State Street SPDR Portfolio S&P 500 High Dividend ETF

Holdings overlap

Weighted by ISIN/CUSIP
19.9 %

21 positions appear in both funds. Buying equal dollars of SCHD and SPYD would leave roughly 19.9% of each dollar exposed to the same underlying securities.

SCHD unmatched 79.8% Shared 19.9% SPYD unmatched 79.4%

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.

In SCHD only
78 positions
Shared
21 positions
In SPYD only
57 positions

Side by side

SCHD

Schwab U.S. Dividend Equity ETF

Schwab · Dividend

85 composite / 100
Expense ratio
0.060%
Net assets
$107.89B
TTM yield
2.99%
Top-10 conc.
43.6%
SPYD

State Street SPDR Portfolio S&P 500 High Dividend ETF

State Street · Dividend

89 composite / 100
Expense ratio
0.070%
Net assets
$7.08B
TTM yield
4.24%
Top-10 conc.
15.0%

Sub-score comparison

94
Cost
93
75
Tax efficiency
72
100
Liquidity
93
52
Concentration
93
—
Tracking quality
—
SCHD sub-score SPYD

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

SCHD is 1 bps cheaper than SPYD. On a $100,000 position that's about $10/yr more in fees for SPYD.

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 SPYD.

Top shared holdings

21 shared in total
# Holding In SCHD In SPYD Overlap
1 Target Corp 1.45% 1.47% 1.45%
2 EOG Resources Inc 1.82% 1.43% 1.43%
3 Altria Group Inc 2.94% 1.41% 1.41%
4 ONEOK Inc 1.33% 1.37% 1.33%
5 Verizon Communications Inc 3.65% 1.29% 1.29%
6 Bristol-Myers Squibb Co 2.93% 1.26% 1.26%
7 Ford Motor Co 1.72% 1.21% 1.21%
8 Chevron Corp 3.83% 1.19% 1.19%
9 United Parcel Service Inc 1.98% 1.18% 1.18%
10 Fifth Third Bancorp 1.13% 1.27% 1.13%
11 PepsiCo Inc 3.44% 1.10% 1.10%
12 Comcast Corp 2.25% 1.01% 1.01%

Only in SCHD

78 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%
  • Procter & Gamble Co/The 3.55%
  • ConocoPhillips 3.51%
  • Amgen Inc 3.47%
  • Home Depot Inc/The 3.36%
  • Abbott Laboratories 2.96%

Only in SPYD

57 total
  • Iron Mountain Inc 1.61%
  • Franklin Resources Inc 1.56%
  • CVS Health Corp 1.52%
  • Host Hotels & Resorts Inc 1.52%
  • Edison International 1.47%
  • Viatris Inc 1.45%
  • Kimco Realty Corp 1.45%
  • Simon Property Group Inc 1.44%
  • Federal Realty Investment Trust 1.44%
  • Healthpeak Properties Inc 1.43%

Percentages are holdings overlap with the named fund.

Open SCHD or SPYD 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.