DECW vs SCHD
DECW vs SCHD
AllianzIM US Equity Buffer20 Dec 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 | DECW | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.74% | 0.06% | |
| AUM | $226M | $103.7B | |
| Dividend Yield | 0.00% | 3.31% | |
| Holdings | 5 | 104 | |
| YTD Return | +6.68% | +24.26% | |
| 1Y Return | +13.28% | +31.38% | |
| 3Y Return (annualized) | +10.63% | +15.08% | |
| 5Y Return (annualized) | - | +9.72% | |
| Volatility (annualized) | 6.8% | 13.6% | |
| Max Drawdown | -8.8% | -33.4% | |
| Fund Family | AllianzIM | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Nov 30, 2022 | Oct 20, 2011 |
DECW vs SCHD Performance
AllianzIM US Equity Buffer20 Dec ETF (DECW) is a ETF from AllianzIM and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year DECW returned +13.28% while SCHD returned +31.38%. Year to date, DECW is up 6.68% versus a gain of 24.26% for SCHD.
Over three years, DECW compounded at +10.63% per year against +15.08% for SCHD. Across the full 4-year window we track, SCHD has the edge at +11.39% annualized vs +10.86%. 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 6.8% for DECW. 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 -8.8% for DECW 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 0.53. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DECW charges 0.74% per year while SCHD charges 0.06%. On a $10,000 position that is $74 vs $6 annually, a gap of $68 per year that compounds over a long holding period. On income, DECW currently yields 0.00% against 3.31% for SCHD.
Frequently Asked Questions
Which is cheaper, DECW or SCHD?
DECW has an expense ratio of 0.74% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $68 per year of difference.
Which performed better, DECW or SCHD?
Over the past year DECW returned +13.28% vs +31.38% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), DECW annualized +10.86% vs +11.39% for SCHD. Past performance does not guarantee future results.
Which is riskier, DECW or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 6.8% for DECW. Worst drawdown: DECW -8.8% vs SCHD -33.4%.
Should I hold both DECW and SCHD?
DECW and SCHD have a monthly-return correlation of 0.53, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, DECW or SCHD?
DECW yields 0.00% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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