Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
SCHD vs XLV: how they differ
SCHD and XLV hold 0% of their weight in the same names, and SCHD returned more over the year.
Schwab U.S. Dividend Equity ETF and State Street(R) Health Care Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, SCHD and XLV hold 0% of their money in the same securities at the same weight.
| Only in SCHD | Only in XLV |
|---|---|
| QUALCOMM Inc 6.75% | ELI LILLY + CO 14.87% |
| Texas Instruments Inc 5.92% | JOHNSON + JOHNSON 10.73% |
| UnitedHealth Group Inc 5.10% | ABBVIE INC 7.54% |
| Coca-Cola Co/The 3.96% | MERCK + CO. INC. 5.98% |
| Merck & Co Inc 3.87% | UNITEDHEALTH GROUP INC 5.90% |
| Chevron Corp 3.84% | THERMO FISHER SCIENTIFIC INC 3.75% |
| Verizon Communications Inc 3.66% | AMGEN INC 3.46% |
| Procter & Gamble Co/The 3.55% | ABBOTT LABORATORIES 3.01% |
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 May 31, 2026 and Sep 10, 2026.
| SCHD Schwab U.S. Dividend Equity ETF | XLV State Street(R) Health Care Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Schwab | State Street |
| What it is | US dividend | Health care |
| Total return, 1 year | +27.6% | +20.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +10.1 pts | +2.9 pts |
| Expense ratio | 0.06% | 0.08% |
| Already in the S&P 500 | 95.1% | 100.0% |
| Holdings | 99 | 63 |
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.
XLV in plain words
XLV is an index equity fund tracking the Health care. Over the year to Sep 11, 2026 it returned +20.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 63 positions, with the top ten at 60.9%. It sat 5.9% below its high of Aug 19, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, SCHD or XLV?
- In the year to Sep 13, 2026, with distributions reinvested, SCHD returned +27.6% and XLV returned +20.4%, so SCHD returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SCHD or XLV?
- SCHD charges 0.06% a year and XLV charges 0.08%, so SCHD is cheaper. Fees come from each fund's prospectus.
- How much do SCHD and XLV overlap with the S&P 500?
- By their latest filed holdings, 95% of SCHD and 100% of XLV 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.
Other comparisons
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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, SCHD against XLV, data as of Sep 13, 2026. https://etfiq.com/compare/any/schd-vs-xlv Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources