BITQ vs SCHD
Bitwise Crypto Industry Innovators ETF vs Schwab US Dividend Equity ETF
Which is better, BITQ or SCHD?
Multi Alternative against Large Cap Value.
SCHD has a lower expense ratio. BITQ led over 3Y, SCHD over 1Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 62.7%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BITQ | SCHD |
|---|---|---|
| Expense Ratio | 0.85% | 0.06%Best |
| AUM | $421M | $112.1B |
| Dividend Yield | 0.00% | 3.00% |
| Holdings | 30 | 103 |
| YTD Price Return | +23.68%Best | +19.04% |
| 1Y Price Return | +4.58% | +21.81%Best |
| 3Y Price Return (annualized) | +58.94%Best | +11.86% |
| 5Y Price Return (annualized) | +4.95% | +5.71%Best |
| Volatility (annualized) | 70.4% | 15.1%Best |
| Max Drawdown | -90.3% | -18.9%Best |
| $10,000 over 5 years | $12,732 | $13,200Best |
| Top 10 Weight | 62.7% | 41.8%Best |
| Fund Family | Bitwise | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | May 11, 2021 | Oct 20, 2011 |
Returns are price returns and exclude distributions, because our data feed carries no adjusted close for BITQ. Both funds are measured the same way, so the comparison holds. BITQ yields 0.00% and SCHD 3.00% on top.
Volatility and max drawdown are measured over the window both funds cover: May 12, 2021 to Sep 28, 2026 (5.4 years).
BITQ vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.4 years both funds cover. Prices exclude distributions, on both funds alike.
BITQ vs SCHD Performance
Bitwise Crypto Industry Innovators ETF (BITQ) is an ETF from Bitwise and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year BITQ returned +4.58% while SCHD returned +21.81%. Year to date, BITQ is up 23.68% versus a gain of 19.04% for SCHD.
Over three years, BITQ compounded at +58.94% per year against +11.86% for SCHD; over five years the annualized figures are +4.95% and +5.71% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BITQ has been the more volatile fund, with annualized monthly volatility of 70.4% compared with 15.1% 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 -90.3% for BITQ and -18.9% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.32. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BITQ charges 0.85% per year while SCHD charges 0.06%. On a $10,000 position that is $85 vs $6 annually, a gap of $79 per year that compounds over a long holding period. On income, BITQ currently yields 0.00% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 31 holdings in BITQ and 100 in SCHD, totalling 100.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 31 positions we hold weights for in BITQ and 100 in SCHD, against full books of 30 and 103.
What only one of them owns
Our book lists 99 positions for SCHD that do not appear in our book for BITQ (99.9% of the fund), and 19 for BITQ that do not appear in SCHD (71.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of BITQ and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BITQ or SCHD?
BITQ has an expense ratio of 0.85% while SCHD charges 0.06%. SCHD is the cheaper option, by $79 a year on a $10,000 investment.
Which performed better, BITQ or SCHD?
Over the past year BITQ returned +4.58% vs +21.81% for SCHD, so SCHD leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BITQ or SCHD?
BITQ has been the more volatile fund at 70.4% annualized versus 15.1% for SCHD. Worst drawdown: BITQ -90.3% vs SCHD -18.9%.
Should I hold both BITQ and SCHD?
BITQ and SCHD have a monthly-return correlation of 0.32, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BITQ or SCHD?
BITQ yields 0.00% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than BITQ?
SCHD has a lower expense ratio. BITQ led over 3Y, SCHD over 1Y, 5Y and the full window. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 62.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.