Which returned more over the last year, SCHD or USO?

In the year to Oct 28, 2026, with distributions reinvested, SCHD returned +34.5% and USO +133.3%.

Which is cheaper, SCHD or USO?

SCHD is cheaper, by 0.80 percentage points a year. That is about $80 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

SCHD vs USO: Differences, Returns & Fees

Share on X Download as PDF

SCHD is an equity index fund and USO a commodity futures fund, and over the year to Oct 28, 2026, USO returned +133.3% against +34.5%.

askIQ about this page

askIQ about SCHD and USO

Net assets: $112.3bn on Aug 31, 2026 for Schwab U.S. Dividend Equity ETF, and $1.9bn on Oct 28, 2026 for United States Oil Fund, LP.

SCHD on its own →USO on its own →

At a glance

+34.5%

SCHD total return, 1 year

+133.3%

USO total return, 1 year

0.06%

SCHD expense ratio

0.86%

USO expense ratio

Pair scorecard

SCHD costs 0.80 points a year less; their one-year returns differ by 98.8 points.

SCHD vs USO: Differences, Returns & Fees
Measure	SCHD	USO
Return
Measure	SCHD	USO
Total return, 1 year	+34.5%	+133.3%
Drawdown
Measure	SCHD	USO
Below its high		82.3%, high on Jul 14, 2008
Benchmark
Measure	SCHD	USO
What it tracks	Dow Jones U.S. Dividend 100 Index	Oil futures
Cost and size
Measure	SCHD	USO
Expense ratio	0.06%	0.86%
Net assets, SCHD as of Aug 31, 2026 and USO as of Oct 28, 2026	$112.3bn	$1.9bn
Holdings
Measure	SCHD	USO
Holdings in common	not published
In the S&P 500, by weight	95%
Top ten holdings, share of the fund	41.7%

Method

Risk and return

Oct 28, 2011 to Oct 23, 2026 · 782 weekly returns

SCHD USO

Return

Total return edge SCHD +554.4% −41.2%

Annualized edge SCHD +13.3% −3.5%

Price return edge SCHD +306.8% −41.2%

Risk

Volatility edge SCHD 14.8% 37.4%

Max drawdown edge SCHD −31.5% −94.4%

Risk-adjusted

Sharpe edge SCHD 0.80 0.05

Sortino edge SCHD 1.15 0.07

Calmar edge SCHD 0.42 −0.04

Reading

SCHD returned more: +554.4% to −41.2%. SCHD swung less: 14.8% to 37.4%. SCHD fell less at its worst: −31.5% to −94.4%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: SCHD vs USO: Differences, Returns & Fees
Measure	SCHD	USO	Edge	How it is measured
Return
Total return	+554.4%	−41.2%	SCHD	Price change plus distributions, reinvested.
Annualized	+13.3%	−3.5%	SCHD	Total return as a yearly rate.
Price return	+306.8%	−41.2%	SCHD	Price change alone, distributions left out.
Risk
Volatility	14.8%	37.4%	SCHD	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	10.4%	26.6%	SCHD	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−31.5%	−94.4%	SCHD	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.80	0.05	SCHD	Return above Treasury bills per unit of volatility.
Sortino	1.15	0.07	SCHD	Return above Treasury bills per unit of downside deviation.
Calmar	0.42	−0.04	SCHD	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 782 weekly returns. Cash rate: the 13-week Treasury bill.

Side by side

SCHD Schwab U.S. Dividend Equity ETF USO United States Oil Fund, LP

Where it sits Stock ETF Commodity ETF

Issuer Schwab USCF

What it is Tracks an index of US dividend Holds oil futures

Total return, 1 year +34.5% +133.3%

Expense ratio 0.06% 0.86%

Holdings 99 not counted

Net assets, SCHD as of Aug 31, 2026 and USO as of Oct 28, 2026 $112.3bn $1.9bn

SCHD and USO on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-271000D5AB

SCHD and USO do different jobs. What does each one do in a portfolio?

What each follows. SCHD follows Dow Jones U.S. Dividend 100 Index and USO follows Oil futures.
One-year total return. Over 1 year to Oct 28, 2026 SCHD returned +34.5% and USO +133.3% with distributions reinvested, a gap of 98.8 points.
Cost. SCHD charges 0.06% of assets a year and USO 0.86%, a gap of 0.80 points.

Data as of Oct 28, 2026.

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Your saved page · Privacy.

Alert

About each fund

SCHD

SCHD tracks an index of US dividend. Over the year to Oct 28, 2026 it returned +34.5% with distributions reinvested. The prospectus expense ratio is 0.06% a year. By its holdings filed for Aug 31, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 41.7%.

USO

USO holds oil futures. Over the year to Oct 28, 2026 it returned +133.3% with distributions reinvested. The prospectus expense ratio is 0.86% a year. It sat 82.3% below its high of Jul 14, 2008 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, SCHD or USO?: In the year to Oct 28, 2026, with distributions reinvested, SCHD returned +34.5% and USO +133.3%.
Which is cheaper, SCHD or USO?: SCHD is cheaper, by 0.80 percentage points a year. That is about $80 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

BWET vs SCHD SCHD vs SIVR SCHD vs SLV GLDM vs SCHD CGDV vs USO SPHD vs USO USO vs VYM USO vs VTV

Where to next

SCHD on its own →USO on its own →Hold both: look the portfolio through →Rankings →SCHD dividend history →SCHD holdings →Standards and sources →

Sources and dates

SCHD filings on SEC EDGAR ↗

SCHD prospectus with the expense ratio (SEC) ↗

Schwab website ↗

USCF website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

Cite this pageCitation, APA and Markdown

ETFIQ, SCHD against USO, data as of Oct 28, 2026. https://etfiq.com/compare/any/schd-vs-uso

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.