DECZ vs SCHD
TrueShares Structured Outcome (December) 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 | DECZ | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.79% | 0.06% | |
| AUM | $36M | $103.7B | |
| Dividend Yield | 3.05% | 3.31% | |
| Holdings | 15 | 104 | |
| YTD Return | +10.00% | +25.62% | |
| 1Y Return | +12.49% | +32.62% | |
| 3Y Return (annualized) | +14.31% | +15.58% | |
| 5Y Return (annualized) | +9.98% | +9.63% | |
| Volatility (annualized) | 11.3% | 13.6% | |
| Max Drawdown | -16.6% | -33.4% | |
| Fund Family | TrueShares | Charles Schwab Asset Management | |
| Category | Alternative | Equity | |
| Inception | Nov 30, 2020 | Oct 20, 2011 |
DECZ vs SCHD Performance
TrueShares Structured Outcome (December) ETF (DECZ) is a ETF from TrueShares and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year DECZ returned +12.49% while SCHD returned +32.62%. Year to date, DECZ is up 10.00% versus a gain of 25.62% for SCHD.
Over three years, DECZ compounded at +14.31% per year against +15.58% for SCHD; over five years the annualized figures are +9.98% and +9.63% respectively. Across the full 6-year window we track, DECZ has the edge at +11.64% annualized vs +11.47%. 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 11.3% for DECZ. 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 -16.6% for DECZ 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DECZ charges 0.79% per year while SCHD charges 0.06%. On a $10,000 position that is $79 vs $6 annually, a gap of $73 per year that compounds over a long holding period. On income, DECZ currently yields 3.05% against 3.31% for SCHD.
Holdings Overlap
DECZ and SCHD share 0 holdings out of 101 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, DECZ or SCHD?
DECZ has an expense ratio of 0.79% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $73 per year of difference.
Which performed better, DECZ or SCHD?
Over the past year DECZ returned +12.49% vs +32.62% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), DECZ annualized +11.64% vs +11.47% for SCHD. Past performance does not guarantee future results.
Which is riskier, DECZ or SCHD?
SCHD has been the more volatile fund at 13.6% annualized versus 11.3% for DECZ. Worst drawdown: DECZ -16.6% vs SCHD -33.4%.
Should I hold both DECZ and SCHD?
DECZ and SCHD have a monthly-return correlation of 0.71, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DECZ and SCHD?
DECZ and SCHD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 101 unique securities.
Which pays a higher dividend, DECZ or SCHD?
DECZ yields 3.05% while SCHD yields 3.31%, so SCHD 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.