LITL vs SCHA
Simplify Piper Sandler US Small-Cap PLUS Income ETF compared with Schwab U.S. Small-Cap ETF on yield, payout growth, payment schedule, cost and risk.
LITL
Simplify Piper Sandler US Small-Cap PLUS Income ETF
TTM yield · Monthly
SCHA
Schwab U.S. Small-Cap ETF
TTM yield · Quarterly
Quick take
- LITL yields more today: 2.08% vs 1.24% (forward).
- LITL pays every month; SCHA pays every quarter.
- Over the last year LITL delivered the higher total return: +21.0% vs +17.9% (price change plus payouts).
- SCHA is cheaper to own: 0.03% vs 0.91% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | LITL | SCHA |
|---|---|---|
| Share price | $33.99 | $32.53 |
| TTM yield | 1.56% | 1.13% |
| Forward yield | 2.08% | 1.24% |
| Annual payout per share | $0.7067 | $0.404 |
| Payment frequency | Monthly | Quarterly |
| Next ex-date | Oct 25, 2026 (est.) | Dec 23, 2026 (est.) |
| Expense ratio | 0.91% | 0.03% |
| 1-year payout growth | — | -6.8% |
| 5-year payout CAGR | — | +7.4% |
| Consecutive years of increases | 0 years | 0 years |
| Payout consistency (last 12) | 71/100 | 63/100 |
| 1-year total return | +21.0% | +17.9% |
| 1-year price return | +19.2% | +16.6% |
| Size (market cap / AUM) | 5.8M | 21.7B |
| Years paying | 1.1 | 16.8 |
| Sector / category | Small Blend | Small Blend |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| LITL | SCHA | |
|---|---|---|
| Shares | 294.2 | 307.4 |
| Income per year | $208 | $124 |
| Income per month (avg) | $17 | $10 |
At forward yields, before taxes. Model LITL · Model SCHA
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| LITL Oct 25, 2026 | Nov 8, 2026 | $0.0589 | Est. |
| LITL Nov 24, 2026 | Dec 8, 2026 | $0.0589 | Est. |
| LITL Dec 24, 2026 | Jan 7, 2027 | $0.0589 | Est. |
| SCHA Dec 23, 2026 | Jan 6, 2027 | $0.101 | Est. |
| SCHA Mar 24, 2027 | Apr 7, 2027 | $0.101 | Est. |
| SCHA Jun 23, 2027 | Jul 7, 2027 | $0.101 | Est. |
Annual payouts per share
LITLSCHA
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, LITL or SCHA?
LITL currently has the higher trailing yield: LITL yields 1.56% and SCHA yields 1.13%. Yield changes daily with price, so check the live figures above.
How often do LITL and SCHA pay?
LITL pays every month and SCHA pays every quarter. LITL's next ex-date is Oct 25, 2026 and SCHA's is Dec 23, 2026.
Is LITL or SCHA better for income?
It depends on what you are optimising for. LITL and SCHA differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.