DCMT vs SCHD
DoubleLine Commodity Strategy ETF vs Schwab US Dividend Equity ETF
Which is better, DCMT or SCHD?
Commodities against Large Cap Value.
SCHD has a lower expense ratio. DCMT led over 1Y 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 | DCMT | SCHD |
|---|---|---|
| Expense Ratio | 0.66% | 0.06%Best |
| AUM | $44M | $112.1B |
| Dividend Yield | 2.67% | 3.00% |
| Holdings | 9 | 103 |
| YTD Return | +42.88%Best | +23.68% |
| 1Y Return | +44.85%Best | +28.36% |
| 3Y Return (annualized) | - | +16.20% |
| 5Y Return (annualized) | - | +10.07% |
| Volatility (annualized) | 16.3% | 13.3%Best |
| Max Drawdown | -16.0%Best | -16.1% |
| $10,000 over 2.6 years | $15,582Best | $14,317 |
| Fund Family | DoubleLine Funds | Charles Schwab Asset Management |
| Category | Commodity | Equity |
| Style | Commodities | Large Cap Value |
| Inception | Jan 31, 2024 | Oct 20, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Feb 1, 2024 to Sep 22, 2026 (2.6 years).
DCMT 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 2.6 years both funds cover.
DCMT vs SCHD Performance
DoubleLine Commodity Strategy ETF (DCMT) is an ETF from DoubleLine Funds and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year DCMT returned +44.85% while SCHD returned +28.36%. Year to date, DCMT is up 42.88% versus a gain of 23.68% for SCHD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DCMT has been the more volatile fund, with annualized monthly volatility of 16.3% compared with 13.3% 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 -16.0% for DCMT and -16.1% 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 0.31. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DCMT charges 0.66% per year while SCHD charges 0.06%. On a $10,000 position that is $66 vs $6 annually, a gap of $60 per year that compounds over a long holding period. On income, DCMT currently yields 2.67% against 3.00% for SCHD.
Holdings Overlap
We hold position weights for 3 holdings in DCMT and 100 in SCHD, totalling 6.9% 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 3 positions we hold weights for in DCMT and 100 in SCHD, against full books of 9 and 103.
You are not choosing between two funds in isolation.
Whichever of DCMT 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, DCMT or SCHD?
DCMT has an expense ratio of 0.66% while SCHD charges 0.06%. SCHD is the cheaper option, by $60 a year on a $10,000 investment.
Which performed better, DCMT or SCHD?
Over the past year DCMT returned +44.85% vs +28.36% for SCHD, so DCMT leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DCMT or SCHD?
DCMT has been the more volatile fund at 16.3% annualized versus 13.3% for SCHD. Worst drawdown: DCMT -16.0% vs SCHD -16.1%.
Should I hold both DCMT and SCHD?
DCMT and SCHD have a monthly-return correlation of 0.31, 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, DCMT or SCHD?
DCMT yields 2.67% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than DCMT?
SCHD has a lower expense ratio. DCMT led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.