Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
GARP vs SCHD: how they differ
GARP and SCHD hold 0% of their weight in the same names, and GARP returned more over the year.
iShares MSCI USA Quality GARP ETF and Schwab U.S. Dividend Equity ETF.
What they hold in common
By the books each fund has filed, GARP and SCHD hold 0% of their money in the same securities at the same weight.
| Holding | GARP | SCHD |
|---|---|---|
| FORD MOTOR CO | 0.14% | 1.72% |
| ARES MANAGEMENT CORP | 0.06% | 0.67% |
| Only in GARP | Only in SCHD |
|---|---|
| KLA CORP 6.46% | QUALCOMM Inc 6.75% |
| MICRON TECHNOLOGY INC 6.07% | Texas Instruments Inc 5.92% |
| APPLE INC 4.44% | UnitedHealth Group Inc 5.10% |
| NVIDIA CORP 4.16% | Coca-Cola Co/The 3.96% |
| MICROSOFT CORP 4.10% | Merck & Co Inc 3.87% |
| BROADCOM INC 3.96% | Chevron Corp 3.84% |
| LAM RESEARCH CORP 3.79% | Verizon Communications Inc 3.66% |
| ELI LILLY & COMPANY 3.73% | Procter & Gamble Co/The 3.55% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and May 31, 2026.
| GARP iShares MSCI USA Quality GARP ETF | SCHD Schwab U.S. Dividend Equity ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Schwab |
| What it is | MSCI USA Quality GARP | US dividend |
| Total return, 1 year | +29.5% | +27.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +12.0 pts | +10.1 pts |
| Expense ratio | 0.15% | 0.06% |
| Already in the S&P 500 | 94.4% | 95.1% |
| Holdings | 131 | 99 |
GARP in plain words
GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Jun 30, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.8%.
SCHD in plain words
SCHD is an index equity fund tracking the US dividend. Over the year to Sep 11, 2026 it returned +27.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.06% a year. By its holdings filed for May 31, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 43.7%. It sat 3.1% below its high of Aug 24, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, GARP or SCHD?
- In the year to Sep 12, 2026, with distributions reinvested, GARP returned +29.5% and SCHD returned +27.6%, so GARP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GARP or SCHD?
- GARP charges 0.15% a year and SCHD charges 0.06%, so SCHD is cheaper. Fees come from each fund's prospectus.
- How much do GARP and SCHD overlap with the S&P 500?
- By their latest filed holdings, 94% of GARP and 95% of SCHD by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, GARP against SCHD, data as of Sep 12, 2026. https://etfiq.com/compare/any/GARP-SCHD Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources