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
21.4 %

21 positions appear in both funds. Buying equal dollars of SCHD and SPYD would leave roughly 21.4% of each dollar exposed to the same underlying securities.

SCHD only 78.3% Shared 21.4% SPYD only 78.0%
In SCHD only
77 positions
Shared
21 positions
In SPYD only
60 positions

Side by side

SCHD

Schwab U.S. Dividend Equity ETF

Schwab · Dividend

85 composite / 100
Expense ratio
0.060%
Net assets
$95.73B
TTM yield
3.24%
Top-10 conc.
42.5%
SPYD

State Street SPDR Portfolio S&P 500 High Dividend ETF

State Street · Dividend

89 composite / 100
Expense ratio
0.070%
Net assets
$7.37B
TTM yield
4.18%
Top-10 conc.
16.5%

Sub-score comparison

94
Cost
93
74
Tax efficiency
72
100
Liquidity
94
54
Concentration
91
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 EOG Resources Inc 2.42% 1.64% 1.64%
2 Verizon Communications Inc 4.31% 1.57% 1.57%
3 Chevron Corp 4.31% 1.52% 1.52%
4 ONEOK Inc 1.87% 1.46% 1.46%
5 Target Corp 1.86% 1.40% 1.40%
6 Bristol-Myers Squibb Co 4.28% 1.37% 1.37%
7 Altria Group Inc 4.14% 1.33% 1.33%
8 PepsiCo Inc 4.01% 1.30% 1.30%
9 Archer-Daniels-Midland Co 1.19% 1.32% 1.19%
10 Kimberly-Clark Corp 1.33% 1.18% 1.18%
11 United Parcel Service Inc 3.08% 1.11% 1.11%
12 Fifth Third Bancorp 1.18% 1.08% 1.08%

Only in SCHD

77 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%
  • Amgen Inc 3.93%
  • Home Depot Inc/The 3.72%
  • Cisco Systems Inc 3.58%
  • AbbVie Inc 3.53%
  • SLB Ltd 2.76%

Only in SPYD

60 total
  • Dow Inc 1.80%
  • Phillips 66 1.58%
  • AT&T Inc 1.51%
  • Edison International 1.49%
  • Kinder Morgan Inc 1.44%
  • Duke Energy Corp 1.35%
  • Exelon Corp 1.34%
  • Iron Mountain Inc 1.34%
  • Pfizer Inc 1.33%
  • Pinnacle West Capital Corp 1.32%

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.