LBSAX vs. SCHD

Last updated Jun 23, 2026

LBSAX (Columbia Dividend Income Fund Class A) and SCHD (Schwab U.S. Dividend Equity ETF) are both funds - LBSAX is a Large Cap Value Equities fund managed by Columbia, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. Over the past 10 years, LBSAX returned 12.31%/yr vs 12.68%/yr for SCHD. Their correlation of 0.93 suggests significant overlap in exposure. LBSAX charges 0.90%/yr vs 0.06%/yr for SCHD.

Performance

LBSAX vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Dividend Income Fund Class A (LBSAX) and Schwab U.S. Dividend Equity ETF (SCHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LBSAX achieves a 8.70% return, which is significantly lower than SCHD's 17.24% return. Both investments have delivered pretty close results over the past 10 years, with LBSAX having a 12.31% annualized return and SCHD not far ahead at 12.68%.

LBSAX

• 1D: -0.12%
• 1M: 0.36%
• YTD: 8.70%
• 6M: 8.22%
• 1Y: 21.12%
• 3Y*: 15.58%
• 5Y*: 11.24%
• 10Y*: 12.31%

SCHD

• 1D: 0.09%
• 1M: -2.86%
• YTD: 17.24%
• 6M: 16.44%
• 1Y: 24.06%
• 3Y*: 14.45%
• 5Y*: 8.77%
• 10Y*: 12.68%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LBSAX vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LBSAX Columbia Dividend Income Fund Class A	8.70%	15.58%	14.73%	10.26%	-5.19%	25.97%	7.48%	27.84%	-4.62%	19.96%
SCHD Schwab U.S. Dividend Equity ETF	17.24%	4.34%	11.66%	4.54%	-3.26%	29.87%	15.03%	27.29%	-5.56%	20.85%

Correlation

The correlation between LBSAX and SCHD is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since Oct 20, 2011	0.93

The correlation between LBSAX and SCHD shifts across timeframes, from 0.76 (1 year) to 0.93 (all time), reflecting how their relationship changes across market environments.

Return for Risk

LBSAX vs. SCHD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LBSAX

LBSAX Risk / Return Rank: 77
LBSAX Sharpe Ratio Rank: 74
LBSAX Sortino Ratio Rank: 76
LBSAX Omega Ratio Rank: 66
LBSAX Calmar Ratio Rank: 85
LBSAX Martin Ratio Rank: 83

SCHD

SCHD Risk / Return Rank: 76
SCHD Sharpe Ratio Rank: 70
SCHD Sortino Ratio Rank: 79
SCHD Omega Ratio Rank: 68
SCHD Calmar Ratio Rank: 90
SCHD Martin Ratio Rank: 71

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LBSAX vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Dividend Income Fund Class A (LBSAX) and Schwab U.S. Dividend Equity ETF (SCHD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LBSAX	SCHD	Difference
Sharpe ratio: Return per unit of total volatility	2.31	2.18	+0.13
Sortino ratio: Return per unit of downside risk	3.33	3.34	-0.01
Omega ratio: Gain probability vs. loss probability	1.41	1.39	+0.02
Calmar ratio: Return relative to maximum drawdown	3.84	5.24	-1.39
Martin ratio: Return relative to average drawdown	14.45	12.71	+1.74

LBSAX vs. SCHD - Sharpe Ratio Comparison

The current LBSAX Sharpe Ratio is 2.31, which is comparable to the SCHD Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of LBSAX and SCHD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LBSAX vs. SCHD - Drawdown Comparison

The maximum LBSAX drawdown since its inception was -47.89%, which is greater than SCHD's maximum drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for LBSAX and SCHD.

Drawdown Indicators

	LBSAX	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-47.89%	-33.37%	-14.52%
Max Drawdown (1Y) Largest decline over 1 year	-5.52%	-4.61%	-0.91%
Max Drawdown (3Y) Largest decline over 3 years	-13.03%	-16.13%	+3.10%
Max Drawdown (5Y) Largest decline over 5 years	-17.16%	-16.85%	-0.31%
Max Drawdown (10Y) Largest decline over 10 years	-32.82%	-33.37%	+0.55%
Current Drawdown Current decline from peak	-1.03%	-2.86%	+1.83%
Average Drawdown Average peak-to-trough decline	-5.24%	-3.31%	-1.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.47%	1.90%	-0.43%

Volatility

LBSAX vs. SCHD - Volatility Comparison

The current volatility for Columbia Dividend Income Fund Class A (LBSAX) is 2.65%, while Schwab U.S. Dividend Equity ETF (SCHD) has a volatility of 3.58%. This indicates that LBSAX experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LBSAX	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.65%	3.58%	-0.93%
Volatility (6M) Calculated over the trailing 6-month period	6.90%	7.74%	-0.84%
Volatility (1Y) Calculated over the trailing 1-year period	9.19%	11.09%	-1.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.26%	14.36%	-1.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.70%	16.73%	-1.03%

LBSAX vs. SCHD - Expense Ratio Comparison

LBSAX has a 0.90% expense ratio, which is higher than SCHD's 0.06% expense ratio.

Dividends

LBSAX vs. SCHD - Dividend Comparison

LBSAX's dividend yield for the trailing twelve months is around 4.72%, more than SCHD's 3.31% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LBSAX Columbia Dividend Income Fund Class A	4.72%	5.11%	5.78%	4.72%	3.62%	2.65%	1.52%	2.68%	7.36%	3.83%	3.60%	8.01%
SCHD Schwab U.S. Dividend Equity ETF	3.31%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%

Frequently Asked Questions

Can I hold both LBSAX and SCHD in my portfolio?

LBSAX and SCHD have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LBSAX or SCHD?

SCHD has higher volatility (3.58%) compared to LBSAX (2.65%). In terms of maximum drawdown, LBSAX dropped -47.89% vs SCHD's -33.37%.

Which has better risk-adjusted returns?

LBSAX currently has the higher Sharpe Ratio (2.31 vs 2.18), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.