SPDG vs. SCHD
Compare and contrast key facts about SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) and Schwab U.S. Dividend Equity ETF (SCHD).
SPDG and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPDG is a passively managed fund by State Street that tracks the performance of the S&P Sector-Neutral High Yield Dividend Aristocrats Index. It was launched on Sep 11, 2023. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011. Both SPDG and SCHD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
SPDG vs. SCHD - Performance Comparison
Loading graphics...
SPDG vs. SCHD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF | 2.97% | 11.66% | 20.22% | 8.14% |
SCHD Schwab U.S. Dividend Equity ETF | 12.79% | 4.34% | 11.66% | 5.21% |
Returns By Period
In the year-to-date period, SPDG achieves a 2.97% return, which is significantly lower than SCHD's 12.79% return.
SPDG
- 1D
- 1.61%
- 1M
- -5.04%
- YTD
- 2.97%
- 6M
- 5.24%
- 1Y
- 13.58%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SCHD
- 1D
- 0.66%
- 1M
- -2.61%
- YTD
- 12.79%
- 6M
- 14.49%
- 1Y
- 13.97%
- 3Y*
- 12.05%
- 5Y*
- 8.44%
- 10Y*
- 12.31%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SPDG vs. SCHD - Expense Ratio Comparison
SPDG has a 0.05% expense ratio, which is lower than SCHD's 0.06% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
SPDG vs. SCHD — Risk / Return Rank
SPDG
SCHD
SPDG vs. SCHD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) 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.
| SPDG | SCHD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.85 | 0.89 | -0.05 |
Sortino ratioReturn per unit of downside risk | 1.26 | 1.35 | -0.08 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.19 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.27 | 1.19 | +0.07 |
Martin ratioReturn relative to average drawdown | 4.92 | 3.99 | +0.93 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SPDG | SCHD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.85 | 0.89 | -0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.59 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.74 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.21 | 0.84 | +0.37 |
Correlation
The correlation between SPDG and SCHD is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
SPDG vs. SCHD - Dividend Comparison
SPDG's dividend yield for the trailing twelve months is around 2.94%, less than SCHD's 3.44% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF | 2.94% | 2.87% | 2.61% | 0.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab U.S. Dividend Equity ETF | 3.44% | 3.82% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% |
Drawdowns
SPDG vs. SCHD - Drawdown Comparison
The maximum SPDG drawdown since its inception was -15.67%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for SPDG and SCHD.
Loading graphics...
Drawdown Indicators
| SPDG | SCHD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.67% | -33.37% | +17.70% |
Max Drawdown (1Y)Largest decline over 1 year | -11.84% | -12.74% | +0.90% |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.85% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.37% | — |
Current DrawdownCurrent decline from peak | -6.79% | -2.89% | -3.90% |
Average DrawdownAverage peak-to-trough decline | -2.21% | -3.34% | +1.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.05% | 3.89% | -0.84% |
Volatility
SPDG vs. SCHD - Volatility Comparison
SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) has a higher volatility of 3.98% compared to Schwab U.S. Dividend Equity ETF (SCHD) at 2.40%. This indicates that SPDG's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SPDG | SCHD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.98% | 2.40% | +1.58% |
Volatility (6M)Calculated over the trailing 6-month period | 9.07% | 7.96% | +1.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.15% | 15.74% | +0.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.21% | 14.40% | -0.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.21% | 16.70% | -2.49% |