DEMZ vs SCHD
Democratic Large Cap Core ETF vs Schwab US Dividend Equity ETF
Which is better, DEMZ or SCHD?
Large Cap Blend against Large Cap Value.
SCHD has a lower expense ratio. DEMZ led over 3Y, 5Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 45.5%.
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 | DEMZ | SCHD |
|---|---|---|
| Expense Ratio | 0.45% | 0.06%Best |
| AUM | $68M | $112.1B |
| Dividend Yield | 0.87% | 3.00% |
| Holdings | 43 | 103 |
| YTD Return | +9.73% | +24.59%Best |
| 1Y Return | +16.69% | +28.14%Best |
| 3Y Return (annualized) | +20.33%Best | +15.58% |
| 5Y Return (annualized) | +11.34%Best | +9.90% |
| Volatility (annualized) | 16.2% | 14.5%Best |
| Max Drawdown | -27.2% | -16.9%Best |
| $10,000 over 5 years | $17,110Best | $16,032 |
| Top 10 Weight | 45.5% | 41.8%Best |
| Fund Family | DEMZ | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Nov 2, 2020 | Oct 20, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Nov 3, 2020 to Sep 10, 2026 (5.9 years).
DEMZ 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 5.9 years both funds cover.
DEMZ vs SCHD Performance
Democratic Large Cap Core ETF (DEMZ) is an ETF from DEMZ and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year DEMZ returned +16.69% while SCHD returned +28.14%. Year to date, DEMZ is up 9.73% versus a gain of 24.59% for SCHD.
Over three years, DEMZ compounded at +20.33% per year against +15.58% for SCHD; over five years the annualized figures are +11.34% and +9.90% respectively. Across the full 6-year window we track, DEMZ has the edge at +16.16% annualized vs +13.89%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DEMZ has been the more volatile fund, with annualized monthly volatility of 16.2% compared with 14.5% 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 -27.2% for DEMZ and -16.9% 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 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DEMZ 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, DEMZ currently yields 0.87% against 3.00% for SCHD.
Holdings Overlap
4.8% of DEMZ's money is in holdings SCHD also owns. 4.7% of SCHD's money is in holdings DEMZ also owns.
DEMZ and SCHD share little of their money.
3 positions in common, counted across the 42 positions we hold weights for in DEMZ and 100 in SCHD, against full books of 43 and 103.
What only one of them owns
Measured across the 42 and 100 positions we hold weights for.
SCHD holds 96 positions DEMZ does not, 95.3% of the fund.
Largest: MRK 4.77%, AMGN 4.70%, ABT 4.69%, KO 4.17%, CVX 4.02%
You are not choosing between two funds in isolation.
Whichever of DEMZ 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, DEMZ or SCHD?
DEMZ has an expense ratio of 0.45% while SCHD charges 0.06%. SCHD is the cheaper option, by $39 a year on a $10,000 investment.
Which performed better, DEMZ or SCHD?
Over the past year DEMZ returned +16.69% vs +28.14% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (6 years), DEMZ annualized +16.16% vs +13.89% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DEMZ or SCHD?
DEMZ has been the more volatile fund at 16.2% annualized versus 14.5% for SCHD. Worst drawdown: DEMZ -27.2% vs SCHD -16.9%.
Should I hold both DEMZ and SCHD?
DEMZ and SCHD have a monthly-return correlation of 0.67, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between DEMZ and SCHD?
4.8% of DEMZ's money is in holdings SCHD also owns. 4.7% of SCHD's is in holdings DEMZ also owns. They hold 3 positions in common, counted across the 42 positions we hold weights for in DEMZ and 100 in SCHD.
Which pays a higher dividend, DEMZ or SCHD?
DEMZ yields 0.87% while SCHD yields 3.00%, so SCHD currently pays the higher dividend yield.
Is SCHD better than DEMZ?
SCHD has a lower expense ratio. DEMZ led over 3Y, 5Y and the full window, SCHD over 1Y. SCHD is less concentrated, with 41.8% of the fund in its ten largest positions against 45.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.