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SCHD vs. RSP

Schwab US Dividend Equity ETF

SCHD
$--
vs

Invesco S&P 500 Equal Weight ETF

RSP
$--

Correlation

SCHDSchwab US Dividend Equity ETF
RSPInvesco S&P 500 Equal Weight ETF

What is SCHD?

The ETF seeks investment results that track, as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Dividend 100 Index. Provides exposure to high dividend yielding stocks issued by U.S. companies that have a record of consistently paying dividends and have strong relative fundamental strength based on select financial ratios.

Snapshot
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SCHD Schwab US Dividend Equity ETF
RSP Invesco S&P 500 Equal Weight ETF
Inception date
Oct 20, 2011
Apr 24, 2003
Expense ratio
0.06%
0.20%
SCHD has a lower expense ratio than RSP by 0.14%. This can indicate that it’s cheaper to invest in SCHD than RSP.
Type
US Equities
US Equities
SCHD targets investing in US Equities, while RSP targets investing in US Equities.
Fund owner
Schwab
Invesco
SCHD is managed by Schwab, while RSP is managed by Invesco.
Volume (1m avg. daily)
$191,902,599
$616,655,599
Both SCHD and RSP are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$47,737,029,197
$40,657,630,595
SCHD has more assets under management than RSP by $7,079,398,602. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
Dow Jones U.S. Dividend 100 Index
S&P 500 Equal Weighted Index
SCHD is based off of the Dow Jones U.S. Dividend 100 Index, while RSP is based off of the S&P 500 Equal Weighted Index
Inverse/Leveraged
No
No
SCHD and RSP use the same leverage ratio. Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Passive
Passive
SCHD and RSP both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
Yes
No
SCHD may offer dividends, while RSP does not. The frequency and yield of the dividend for SCHD may vary.
Prospectus
Neither SCHD nor RSP require a K1.

Automated Strategies
Related toSCHD

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Automated Strategies
Related toRSP

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

Create your own algorithmic
trading strategy

News Related to SCHD

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Apr 24, 2025 • by Chandrima Sanyal
SCHD Is Down, But Its Dividend Is Up And These 2 ETFs Are Quietly Catching Up

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Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.