This article studies shared physical custody in Sweden, the country in the world where the phenomenon is most prevalent. We ask whether children in sharedphysical custody settings are more likely to report high levels of stress compared to children living in sole custody. The analysis is based on data with combined information fromparents, children, and administrative registers. Themodels are controlled control for interparental as well as parent–child relationship quality and parents' income. The results show that children sharing residence equally have lower likelihood of experiencing high levels of stress. The results can be interpreted as evidence for a positive effect of continuing everyday-like parental relationships after a family dissolution.