BWEB vs SCHD
BWEB vs SCHD
Bitwise Web3 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 | BWEB | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.85% | 0.06% | |
| AUM | $6M | $103.7B | |
| Dividend Yield | 0.00% | 3.31% | |
| Holdings | 41 | 104 | |
| YTD Return | +6.19% | +24.26% | |
| 1Y Return | +31.14% | +31.38% | |
| 3Y Return (annualized) | +35.54% | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 35.6% | 13.6% | |
| Max Drawdown | -33.7% | -33.4% | |
| Fund Family | Bitwise | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Oct 3, 2022 | Oct 20, 2011 |
BWEB vs SCHD Performance
Bitwise Web3 ETF (BWEB) is a ETF from Bitwise and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year BWEB returned +31.14% while SCHD returned +31.38%. Year to date, BWEB is up 6.19% versus a gain of 24.26% for SCHD.
Over three years, BWEB compounded at +35.54% per year against +15.08% for SCHD. Across the full 4-year window we track, BWEB has the edge at +33.63% annualized vs +11.39%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BWEB has been the more volatile fund, with annualized monthly volatility of 35.6% 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 -33.7% for BWEB 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 0.33. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BWEB 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, BWEB currently yields 0.00% against 3.31% for SCHD.
Holdings Overlap
BWEB and SCHD share 0 holdings out of 140 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BWEB or SCHD?
BWEB has an expense ratio of 0.85% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $79 per year of difference.
Which performed better, BWEB or SCHD?
Over the past year BWEB returned +31.14% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), BWEB annualized +33.63% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, BWEB or SCHD?
BWEB has been the more volatile fund at 35.6% annualized versus 13.6% for SCHD. Worst drawdown: BWEB -33.7% vs SCHD -33.4%.
Should I hold both BWEB and SCHD?
BWEB and SCHD have a monthly-return correlation of 0.33, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BWEB and SCHD?
BWEB and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 140 unique securities.
Which pays a higher dividend, BWEB or SCHD?
BWEB yields 0.00% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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