ETF comparison
SCHD vs SPLV
Dividend vs Low Volatility Factor.
Schwab U.S. Dividend Equity ETF · Invesco S&P 500 Low Volatility ETF
Holdings overlap
7 positions appear in both funds. Buying equal dollars of SCHD and SPLV would leave roughly 5.7% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
SCHD is 19 bps cheaper than SPLV. On a $100,000 position that's about $190/yr more in fees for SPLV.
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 SPLV.
Top shared holdings
7 shared in total| # | Holding | In SCHD | In SPLV | Overlap |
|---|---|---|---|---|
| 1 | Coca-Cola Co/The | 4.16% | 1.11% | 1.11% |
| 2 | Procter & Gamble Co/The | 3.82% | 1.05% | 1.05% |
| 3 | PepsiCo Inc | 3.64% | 0.95% | 0.95% |
| 4 | Chevron Corp | 4.01% | 0.93% | 0.93% |
| 5 | Cincinnati Financial Corp | 0.64% | 0.95% | 0.64% |
| 6 | Principal Financial Group Inc | 0.53% | 0.90% | 0.53% |
| 7 | Snap-on Inc | 0.49% | 0.95% | 0.49% |
Only in SCHD
92 total- Merck & Co Inc 4.76%
- Amgen Inc 4.70%
- Abbott Laboratories 4.68%
- Verizon Communications Inc 3.96%
- ConocoPhillips 3.93%
- Home Depot Inc/The 3.87%
- UnitedHealth Group Inc 3.82%
- Bristol-Myers Squibb Co 3.32%
- Texas Instruments Inc 3.12%
- Accenture PLC 2.84%
Only in SPLV
94 total- Berkshire Hathaway Inc. 1.36%
- WEC Energy Group Inc. 1.26%
- Duke Energy Corp. 1.26%
- Regency Centers Corp. 1.25%
- FirstEnergy Corp. 1.25%
- Atmos Energy Corp. 1.24%
- Evergy, Inc. 1.24%
- Alliant Energy Corp. 1.22%
- Realty Income Corp. 1.20%
- CenterPoint Energy, Inc. 1.20%
Related comparisons
More comparisons with SCHD
More comparisons with SPLV
- SPLV vs VUG · Vanguard Morningstar Growth ETF 5.6%
- SPLV vs QQQ · Invesco QQQ Trust 4.6%
- SPLV vs IWF · iShares Russell 1000 Growth ETF 3.9%
- SPLV vs VB · Vanguard Morningstar Small-Cap ETF 3.2%
- SPLV vs EEMV · iShares MSCI Emerging Markets Min Vol Factor ETF 0.0%
- SPLV vs EFAV · iShares MSCI EAFE Min Vol Factor ETF 0.0%
Percentages are holdings overlap with the named fund.
Open SCHD or SPLV 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.