Key Differences
| Feature | SCHD | SMH |
|---|---|---|
| Expense Ratio | 0.06% | 0.35% |
| Dividend Yield | 3.4% | 0.3% |
| Holdings | 100+ | 25 |
| Index Tracked | Dow Jones U.S. Dividend 100 Index | MVIS US Listed Semiconductor 25 Index |
| Inception Date | 2011-10-20 | 2011-12-20 |
SCHD vs SMH: Which Is Better?
SCHD and SMH are both widely used by ETF investors, but they serve different portfolio roles depending on diversification goals, sector exposure, and long-term strategy.
SCHD is designed for investors seeking high-yield US stocks with strong financials exposure and tracks Dow Jones U.S. Dividend 100 Index. It is commonly used in portfolios focused on us large cap value allocations.
SMH is designed for investors seeking semiconductor industry exposure and tracks MVIS US Listed Semiconductor 25 Index. It is commonly used in portfolios focused on technology allocations.
Portfolio Overlap
Understanding how much SCHD and SMH overlap in their underlying holdings is key to evaluating whether combining them adds diversification or creates redundancy in your portfolio.
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