SCHD vs XLV: Complete Comparison
Schwab U.S. Dividend Equity ETF vs Health Care Select Sector SPDR Fund โ overlap, correlation, performance & risk analysis
Visual Overlap
Price Performance
Historical price comparison over 3M
๐Performance Comparison
โ ๏ธRisk Metrics
Interpretation:
- ๐ Lower volatility = smoother ride
- โก Higher Sharpe/Sortino = better risk-adjusted returns
- โ ๏ธ Smaller max drawdown = less worst-case pain
- ๐ Beta > 1 = more volatile than S&P 500
โ๏ธHead-to-Head Comparison
๐ SCHD wins this comparison
Key Factors
โถAdditional Metrics (5)
Bottom line: SCHD wins with better expense ratio and number of holdings and 5-year return. Consider SCHD for your portfolio, but XLV is still a solid choice if you prefer its specific advantages.
Detailed Overlap Analysis
4 shared holdings representing 16.3% portfolio overlap
Top Shared Holdings
| # | Stock | SCHD Weight | XLV Weight | Overlap |
|---|---|---|---|---|
| 1 | MRK Merck & Co | 3.85% | 4.44% | 3.85% |
| 2 | ABBV AbbVie Inc | 3.45% | 7.23% | 3.45% |
| 3 | PFE Pfizer Inc | 3.65% | 2.64% | 2.64% |
| 4 | BMY Bristol-Myers Squibb | 2.95% | 1.89% | 1.89% |
Overlap by Sector
Showing top 5 sectors by overlap contribution
Top Holdings Only in SCHD
Unique to SCHD
| Symbol | Name | Weight |
|---|---|---|
| PEP | PepsiCo Inc | 4.45% |
| KO | Coca-Cola Co | 4.25% |
| CSCO | Cisco Systems | 4.05% |
| VZ | Verizon Communications | 3.35% |
| T | AT&T Inc | 3.25% |
Top Holdings Only in XLV
Unique to XLV
| Symbol | Name | Weight |
|---|---|---|
| LLY | LLY | 14.33% |
| JNJ | JNJ | 8.84% |
| UNH | UNH | 5.38% |
| TMO | TMO | 3.90% |
| ABT | ABT | 3.87% |
Price Correlation
How We Calculate Overlap
We use the minimum weight method with normalization to calculate portfolio overlap:
Overlap = ฮฃ min(weightA, weightB) for each shared holdingNormalization: Holdings weights are normalized to sum to 100% before comparison. This ensures accurate overlap calculations even when analyzing partial holdings data (e.g., top 50 positions).
Conservative approach: We consider only the smaller allocation for each shared position, giving you a realistic view of true portfolio overlap.
๐ This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.