DBND vs SCHD
DBND vs SCHD
DoubleLine Opportunistic Core Bond ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. SCHD delivered stronger 1-year returns. DBND offers more diversification with 586 holdings.
Side-by-Side Comparison
| Metric | DBND | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.45% | 0.06% | |
| AUM | $741M | $103.7B | |
| Dividend Yield | 4.77% | 3.31% | |
| Holdings | 1,097 | 104 | |
| YTD Return | -0.62% | +24.26% | |
| 1Y Return | +1.86% | +31.38% | |
| 3Y Return (annualized) | +4.55% | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 6.0% | 13.6% | |
| Max Drawdown | -9.4% | -33.4% | |
| Fund Family | DoubleLine Funds | Charles Schwab Asset Management | |
| Category | Fixed Income | Equity | |
| Inception | Mar 31, 2022 | Oct 20, 2011 |
DBND vs SCHD Performance
DoubleLine Opportunistic Core Bond ETF (DBND) is a ETF from DoubleLine Funds and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year DBND returned +1.86% while SCHD returned +31.38%. Year to date, DBND is down 0.62% versus a gain of 24.26% for SCHD.
Over three years, DBND compounded at +4.55% per year against +15.08% for SCHD. Across the full 4-year window we track, SCHD has the edge at +11.39% annualized vs +2.21%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 6.0% for DBND. 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 -9.4% for DBND 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 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DBND charges 0.45% per year while SCHD charges 0.06%. On a $10,000 position that is $45 vs $6 annually, a gap of $39 per year that compounds over a long holding period. On income, DBND currently yields 4.77% against 3.31% for SCHD.
Holdings Overlap
DBND and SCHD share 0 holdings out of 686 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, DBND or SCHD?
DBND has an expense ratio of 0.45% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $39 per year of difference.
Which performed better, DBND or SCHD?
Over the past year DBND returned +1.86% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), DBND annualized +2.21% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, DBND or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 6.0% for DBND. Worst drawdown: DBND -9.4% vs SCHD -33.4%.
Should I hold both DBND and SCHD?
DBND and SCHD have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DBND and SCHD?
DBND and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 686 unique securities.
Which pays a higher dividend, DBND or SCHD?
DBND yields 4.77% while SCHD yields 3.31%, so DBND 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.