BWG vs SCHD
BrandywineGLOBAL Global Income Opportunities Fund Inc vs Schwab US Dividend Equity ETF
Which is better, BWG or SCHD?
SCHD has been ahead.
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window.
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 | BWG | SCHD |
|---|---|---|
| Expense Ratio | 2.66% | 0.06%Best |
| AUM | $142M | $112.2B |
| Dividend Yield | 11.29% | 3.13% |
| Holdings | 102 | 103 |
| YTD Return | -1.64% | +28.59%Best |
| 1Y Return | -1.75% | +31.77%Best |
| 3Y Return (annualized) | +10.78% | +16.70%Best |
| 5Y Return (annualized) | +0.98% | +10.09%Best |
| Volatility (annualized) | 15.5% | 13.8%Best |
| Max Drawdown | -58.8% | -33.4%Best |
| $10,000 over 5 years | $10,500 | $16,171Best |
| Fund Family | Franklin Templeton Investments (US) | Charles Schwab Asset Management |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Value |
| Inception | Mar 28, 2012 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Mar 28, 2012 to Sep 3, 2026 (14.4 years).
BWG 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 14.4 years both funds cover.
BWG vs SCHD Performance
BrandywineGLOBAL Global Income Opportunities Fund Inc (BWG) is an ETF from Franklin Templeton Investments (US) and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year BWG returned -1.75% while SCHD returned +31.77%. Year to date, BWG is down 1.64% versus a gain of 28.59% for SCHD.
Over three years, BWG compounded at +10.78% per year against +16.70% for SCHD; over five years the annualized figures are +0.98% and +10.09% respectively. Across the full 14-year window we track, SCHD has the edge at +11.15% annualized vs -2.37%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BWG has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 13.8% 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 -58.8% for BWG and -33.4% 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 0.60. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BWG charges 2.66% per year while SCHD charges 0.06%. On a $10,000 position that is $266 vs $6 annually, a gap of $260 per year that compounds over a long holding period. On income, BWG currently yields 11.29% against 3.13% for SCHD.
Holdings Overlap
We hold position weights for 57 holdings in BWG and 100 in SCHD, totalling 57.2% 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 57 positions we hold weights for in BWG and 100 in SCHD, against full books of 102 and 103.
You are not choosing between two funds in isolation.
Whichever of BWG 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, BWG or SCHD?
BWG has an expense ratio of 2.66% while SCHD charges 0.06%. SCHD is the cheaper option, by $260 a year on a $10,000 investment.
Which performed better, BWG or SCHD?
Over the past year BWG returned -1.75% vs +31.77% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (14 years), BWG annualized -2.37% vs +11.15% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BWG or SCHD?
BWG has been the more volatile fund at 15.5% annualized versus 13.8% for SCHD. Worst drawdown: BWG -58.8% vs SCHD -33.4%.
Should I hold both BWG and SCHD?
BWG and SCHD have a monthly-return correlation of 0.60, 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, BWG or SCHD?
BWG yields 11.29% while SCHD yields 3.13%, so BWG currently pays the higher dividend yield.
Is SCHD better than BWG?
SCHD has a lower expense ratio. SCHD led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.