XDIV vs. SCHD

Last updated Jun 4, 2026

XDIV (Roundhill S&P 500 No Dividend Target ETF) and SCHD (Schwab U.S. Dividend Equity ETF) are both exchange-traded funds - XDIV is a S&P 500 fund actively managed by Roundhill, while SCHD is a Dividend fund tracking the Dow Jones U.S. Dividend 100 Index. XDIV is actively managed, while SCHD is passively managed. At a 0.35 correlation, their price movements are largely independent. XDIV charges 0.09%/yr vs 0.06%/yr for SCHD.

Performance

XDIV vs. SCHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill S&P 500 No Dividend Target ETF (XDIV) 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, XDIV achieves a 10.63% return, which is significantly lower than SCHD's 19.01% return.

XDIV

• 1D: -0.67%
• 1M: 5.14%
• YTD: 10.63%
• 6M: 10.83%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SCHD

• 1D: 0.00%
• 1M: 2.70%
• YTD: 19.01%
• 6M: 18.63%
• 1Y: 27.16%
• 3Y*: 15.09%
• 5Y*: 8.36%
• 10Y*: 12.77%

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

XDIV vs. SCHD - Yearly Performance Comparison

	2026 (YTD)	2025
XDIV Roundhill S&P 500 No Dividend Target ETF	10.63%	9.90%
SCHD Schwab U.S. Dividend Equity ETF	19.01%	1.70%

Correlation

The correlation between XDIV and SCHD is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 11, 2025	0.35

XDIV vs. SCHD - Sectors Allocation Comparison

Sectors	XDIV	SCHD
Technology	36.2%	16.4%
Financial Services	11.9%	9.3%
Communication Services	10.9%	6.3%
Consumer Cyclical	10.1%	6.3%
Healthcare	8.4%	18.8%
Industrials	8.1%	7.5%
Consumer Defensive	4.9%	19.2%
Energy	3.5%	16.2%
Utilities	2.3%	0.0%
Real Estate	1.9%	-
Basic Materials	1.8%	1.2%

Return for Risk

XDIV vs. SCHD — Risk / Return Rank

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

SCHD

SCHD Risk / Return Rank: 80
SCHD Sharpe Ratio Rank: 75
SCHD Sortino Ratio Rank: 84
SCHD Omega Ratio Rank: 73
SCHD Calmar Ratio Rank: 91
SCHD Martin Ratio Rank: 75

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.

XDIV vs. SCHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill S&P 500 No Dividend Target ETF (XDIV) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	XDIV	SCHD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.49	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.58	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.98	0.86	+1.12

Drawdowns

XDIV vs. SCHD - Drawdown Comparison

The maximum XDIV drawdown since its inception was -9.16%, smaller than the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for XDIV and SCHD.

Drawdown Indicators

	XDIV	SCHD	Difference
Max Drawdown Largest peak-to-trough decline	-9.16%	-33.37%	+24.21%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.61%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.13%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.85%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.37%	—
Current Drawdown Current decline from peak	-0.67%	-1.40%	+0.73%
Average Drawdown Average peak-to-trough decline	-1.20%	-3.32%	+2.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.88%	—

Volatility

Volatility by Period

	XDIV	SCHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.66%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.66%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.31%	10.96%	+1.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.31%	14.38%	-2.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.31%	16.72%	-4.41%

XDIV vs. SCHD - Expense Ratio Comparison

XDIV has a 0.09% expense ratio, which is higher than SCHD's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

XDIV vs. SCHD - Dividend Comparison

XDIV has not paid dividends to shareholders, while SCHD's dividend yield for the trailing twelve months is around 3.26%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SCHD Schwab U.S. Dividend Equity ETF	3.26%	3.82%	3.64%	3.49%	3.39%	2.78%	3.16%	2.98%	3.06%	2.63%	2.89%	2.97%
XDIV Roundhill S&P 500 No Dividend Target ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XDIV and SCHD in my portfolio?

XDIV and SCHD have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XDIV or SCHD?

On fees, SCHD is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDIV or SCHD?

SCHD is cheaper with a 0.06% expense ratio, compared with 0.09% for XDIV.

Which ETF pays a higher dividend yield, XDIV or SCHD?

SCHD has the higher dividend yield at 3.26%, compared with 0.00% for XDIV.

What is the main difference between XDIV and SCHD?

XDIV is categorized as S&P 500, while SCHD is Dividend. They also come from different issuers: Roundhill and Charles Schwab. Their fees differ too: 0.09% for XDIV and 0.06% for SCHD.