ETF Versus

GLD vs SCHD

SPDR Gold Shares vs Schwab U.S. Dividend Equity ETF

Last updated: 2026-04-10

GLD SPDR

SPDR Gold Shares (GLD) is an exchange-traded fund issued by SPDR that provides exposure to gold securities. It charges an above-average expense ratio of 0.40%. Launched in 2004, the fund has a 22-year track record.

AUM: $162.2B ER: 0.40% Yield: N/A Since: Nov 18, 2004
SCHD Schwab

Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund issued by Schwab that provides exposure to U.S. dividend-paying stocks selected for yield or dividend growth. It charges a low expense ratio of 0.06%. The fund offers an attractive dividend yield of 3.44%. Launched in 2011, the fund has a 15-year track record.

AUM: $86.0B ER: 0.06% Yield: 3.44% Since: Oct 20, 2011

Quick Verdict

SCHD is significantly cheaper at 0.06% vs 0.40% expense ratio, saving you approximately $667 per $10,000 invested over 10 years. Over the past year, GLD has significantly outperformed with a 49.8% return vs 22.8%.

Key Metrics

Metric GLD SCHD
Expense Ratio 0.40% 0.06%
Dividend Yield N/A 3.4%
Fund Family SPDR Schwab
Category Gold US Dividend

Performance Chart

Indexed to 100 at start (5-year comparison)

85 130 175 220 265 310 2021-04 2022-07 2023-10 2025-01 2026-04
GLD +169.9%
SCHD +23.5%

Performance Comparison

Period GLD SCHD Difference
1 Month -8.02% -1.10% -6.92%
3 Months +3.74% +7.58% -3.84%
6 Months +15.85% +15.13% +0.72%
YTD +9.98% +10.57% -0.59%
1 Year +49.83% +22.79% +27.04%
3 Years +135.15% +25.07% +110.08%
5 Years +169.92% +23.53% +146.39%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period GLD Fees SCHD Fees You Save
$10,000 10 years $786 $120 $667
$10,000 20 years $3,334 $515 $2,819
$10,000 30 years $10,601 $1,664 $8,937
$50,000 10 years $3,932 $598 $3,334
$50,000 30 years $53,003 $8,318 $44,684
$100,000 30 years $106,005 $16,637 $89,369

Risk Metrics

Based on 5 years of daily returns

Metric GLD SCHD
Annualized Volatility 17.8% 14.6%
Max Drawdown -21.0% -18.9%
Sharpe Ratio 0.96 0.06

Dividend Comparison

Metric GLD SCHD
Annual Dividend (per share) $0.00 $1.06
Dividend Yield 0.00% 3.44%
Distribution Frequency None Quarterly

Top Holdings

SCHD Top Holdings

NameWeight
Chevron CorporationCVX4.41%
ConocoPhillipsCOP4.28%
Merck & Co., Inc.MRK4.15%
The Coca-Cola CompanyKO4.08%
Texas Instruments IncorporatedTXN4.07%
UnitedHealth Group IncorporatedUNH3.98%
Verizon Communications Inc.VZ3.96%
PepsiCo, Inc.PEP3.95%
Abbott LaboratoriesABT3.73%
Amgen Inc.AMGN3.73%

Which One Should You Choose?

Choose SCHD if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose GLD if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Related Comparisons