BITB vs SCHD
BITB vs SCHD
Bitwise Bitcoin ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.
Side-by-Side Comparison
| Metric | BITB | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.06% | |
| AUM | $2.4B | $103.7B | |
| Dividend Yield | 0.00% | 3.31% | |
| Holdings | 1 | 104 | |
| YTD Return | -27.79% | +24.26% | |
| 1Y Return | -44.92% | +31.38% | |
| 3Y Return (annualized) | - | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 52.7% | 13.6% | |
| Max Drawdown | -53.3% | -33.4% | |
| Fund Family | Bitwise | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Jan 10, 2024 | Oct 20, 2011 |
BITB vs SCHD Performance
Bitwise Bitcoin ETF (BITB) is a ETF from Bitwise and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year BITB returned -44.92% while SCHD returned +31.38%. Year to date, BITB is down 27.79% versus a gain of 24.26% for SCHD.
Risk: Volatility and Drawdowns
BITB has been the more volatile fund, with annualized monthly volatility of 52.7% compared with 13.6% for SCHD. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -53.3% for BITB and -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.08. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BITB charges 0.20% per year while SCHD charges 0.06%. On a $10,000 position that is $20 vs $6 annually, a gap of $14 per year that compounds over a long holding period. On income, BITB currently yields 0.00% against 3.31% for SCHD.
Frequently Asked Questions
Which is cheaper, BITB or SCHD?
BITB has an expense ratio of 0.20% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $14 per year of difference.
Which performed better, BITB or SCHD?
Over the past year BITB returned -44.92% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (3 years), BITB annualized +13.34% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, BITB or SCHD?
BITB has been the more volatile fund at 52.7% annualized versus 13.6% for SCHD. Worst drawdown: BITB -53.3% vs SCHD -33.4%.
Should I hold both BITB and SCHD?
BITB and SCHD have a monthly-return correlation of 0.08, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, BITB or SCHD?
BITB yields 0.00% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.