BITC vs SCHD

Quick Verdict

SCHD has a lower expense ratio. BITC delivered stronger 1-year returns. SCHD offers more diversification with 100 holdings.

Lower Fees: SCHDHigher Returns: BITCMore Diversified: SCHD

Side-by-Side Comparison

MetricBITCSCHDWinner
Expense Ratio0.90%0.06%
AUM$15M$103.7B
Dividend Yield3.38%3.31%
Holdings4104
YTD Return+274.59%+24.26%
1Y Return+187.19%+31.38%
3Y Return (annualized)+101.35%+15.08%
5Y Return (annualized)-+9.72%
Volatility (annualized)157.2%13.6%
Max Drawdown-31.9%-33.4%
Fund FamilyBitwiseCharles Schwab Asset Management
CategoryAlternativeEquity
InceptionMar 20, 2023Oct 20, 2011

BITC vs SCHD Performance

Bitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF (BITC) is a ETF from Bitwise and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year BITC returned +187.19% while SCHD returned +31.38%. Year to date, BITC is up 274.59% versus a gain of 24.26% for SCHD.

Over three years, BITC compounded at +101.35% per year against +15.08% for SCHD. Across the full 3-year window we track, BITC has the edge at +87.37% annualized vs +11.39%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

BITC has been the more volatile fund, with annualized monthly volatility of 157.2% 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 -31.9% for BITC 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 0.07. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

BITC charges 0.90% per year while SCHD charges 0.06%. On a $10,000 position that is $90 vs $6 annually, a gap of $84 per year that compounds over a long holding period. On income, BITC currently yields 3.38% against 3.31% for SCHD.

Frequently Asked Questions

Which is cheaper, BITC or SCHD?

BITC has an expense ratio of 0.90% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $84 per year of difference.

Which performed better, BITC or SCHD?

Over the past year BITC returned +187.19% vs +31.38% for SCHD, so BITC leads on 1-year performance. Over the longest common window we track (3 years), BITC annualized +87.37% vs +11.39% for SCHD. Past performance does not guarantee future results.

Which is riskier, BITC or SCHD?

BITC has been the more volatile fund at 157.2% annualized versus 13.6% for SCHD. Worst drawdown: BITC -31.9% vs SCHD -33.4%.

Should I hold both BITC and SCHD?

BITC and SCHD have a monthly-return correlation of 0.07, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, BITC or SCHD?

BITC yields 3.38% while SCHD yields 3.31%, so BITC currently pays the higher dividend yield.

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